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Old January 28th, 2008
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billamj billamj is offline
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Default Re: Lee Iacocca Says

Quote:
Originally Posted by LastManOut View Post
Really no argument about the government loaning money. I'm not sure if it was a direct loan, or a government guarantee like a VA or FHA loan. Borrowing from the Federal Reserve in not borrowing from the government.
The house and senate actually passed a funding bill in order to bail them out. Totally out of the scope but that hasn't stopped them from spending our money in the past. Jimmy, count the peanuts, Carter signed it as soon as it hit his desk. I've heard several TV idiots call him one of our greatest presidents in the past few days, makes me wonder if they've ever taken an American History course.
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