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	<title>Comments on: Thanks, But Here’s Your Money Back</title>
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	<lastBuildDate>Wed, 25 Nov 2009 03:20:52 -0600</lastBuildDate>
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		<title>By: Bithead</title>
		<link>http://www.outsidethebeltway.com/archives/thanks_but_heres_your_money_back/comment-page-1/#comment-991527</link>
		<dc:creator>Bithead</dc:creator>
		<pubDate>Sat, 14 Mar 2009 18:17:49 +0000</pubDate>
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		<description>Not much, but then again, it didn&#039;t figure on a large chunk of the economy getting sunk by idiots buy votes with houses nobody could pay for.</description>
		<content:encoded><![CDATA[<p>Not much, but then again, it didn't figure on a large chunk of the economy getting sunk by idiots buy votes with houses nobody could pay for.</p>
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		<title>By: sam</title>
		<link>http://www.outsidethebeltway.com/archives/thanks_but_heres_your_money_back/comment-page-1/#comment-991065</link>
		<dc:creator>sam</dc:creator>
		<pubDate>Fri, 13 Mar 2009 18:01:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=33147#comment-991065</guid>
		<description>&lt;blockquote&gt;their history for letting liberal politics decide their course&lt;/blockquote&gt;


What in pluperfect hell is liberal about the &lt;a href=&quot;http://www.wired.com/techbiz/it/magazine/17-03/wp_quant&quot; rel=&quot;nofollow&quot;&gt;Li Formula&lt;/a&gt;, Bit?</description>
		<content:encoded><![CDATA[<blockquote><p>their history for letting liberal politics decide their course</p></blockquote>
<p>What in pluperfect hell is liberal about the <a href="http://www.wired.com/techbiz/it/magazine/17-03/wp_quant" rel="nofollow">Li Formula</a>, Bit?</p>
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		<title>By: odograph</title>
		<link>http://www.outsidethebeltway.com/archives/thanks_but_heres_your_money_back/comment-page-1/#comment-991061</link>
		<dc:creator>odograph</dc:creator>
		<pubDate>Fri, 13 Mar 2009 17:45:12 +0000</pubDate>
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		<description>I don&#039;t think it is fair to call the mortgage modification plans political.  There are people (I&#039;m not one of them though) who believe that such modifications are part of a recovery plan.

This is sort of like saying &quot;if you don&#039;t use my recovery plan you are being political.&quot;</description>
		<content:encoded><![CDATA[<p>I don't think it is fair to call the mortgage modification plans political.  There are people (I'm not one of them though) who believe that such modifications are part of a recovery plan.</p>
<p>This is sort of like saying "if you don't use my recovery plan you are being political."</p>
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		<title>By: legion</title>
		<link>http://www.outsidethebeltway.com/archives/thanks_but_heres_your_money_back/comment-page-1/#comment-991058</link>
		<dc:creator>legion</dc:creator>
		<pubDate>Fri, 13 Mar 2009 17:40:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=33147#comment-991058</guid>
		<description>&lt;blockquote&gt;In other words, financial institutions are now being told to engage in politically motivated policies instead of policies that are designed specifically to return the financial institutions to a sound financial footing.&lt;/blockquote&gt;
Well, first of all, those two aren&#039;t (necessarily) mutually exclusive. I mean, the policies the banks _had_ been following are the ones that got them &amp; the economy in the crapper to begin with, right?

Secondly, it&#039;s becoming increasingly clear that what the banks have actually using the funds for consists largely of paying off their friends who - knowingly - took big risks (and should, in any sort of capitalist society, take significant losses), paying themselves, and taking over other institutions that are suddenly in worse financial conditions... all of which don&#039;t actually help either consumers or the economy in general.

So, yeah. Requiring them to do politically-motivated things is demonstrably better for just about everyone than what they&#039;d do with the money vice requirements...</description>
		<content:encoded><![CDATA[<blockquote><p>In other words, financial institutions are now being told to engage in politically motivated policies instead of policies that are designed specifically to return the financial institutions to a sound financial footing.</p></blockquote>
<p>Well, first of all, those two aren't (necessarily) mutually exclusive. I mean, the policies the banks _had_ been following are the ones that got them &amp; the economy in the crapper to begin with, right?</p>
<p>Secondly, it's becoming increasingly clear that what the banks have actually using the funds for consists largely of paying off their friends who - knowingly - took big risks (and should, in any sort of capitalist society, take significant losses), paying themselves, and taking over other institutions that are suddenly in worse financial conditions... all of which don't actually help either consumers or the economy in general.</p>
<p>So, yeah. Requiring them to do politically-motivated things is demonstrably better for just about everyone than what they'd do with the money vice requirements...</p>
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		<title>By: Bithead</title>
		<link>http://www.outsidethebeltway.com/archives/thanks_but_heres_your_money_back/comment-page-1/#comment-991051</link>
		<dc:creator>Bithead</dc:creator>
		<pubDate>Fri, 13 Mar 2009 17:23:22 +0000</pubDate>
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		<description>&lt;blockquote&gt;Worry? I think the possibility of this happening is quite significant.&lt;/blockquote&gt;

Given Citibank and AIG, and their political connections, vs the amounts of money already poured into them as well as their history for letting liberal politics decide their course rather than sound busienss policies, I cansider the word &#039;likely&#039; the most apt.</description>
		<content:encoded><![CDATA[<blockquote><p>Worry? I think the possibility of this happening is quite significant.</p></blockquote>
<p>Given Citibank and AIG, and their political connections, vs the amounts of money already poured into them as well as their history for letting liberal politics decide their course rather than sound busienss policies, I cansider the word 'likely' the most apt.</p>
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