Originally posted by nitrobandit
reply to post by mybigunit
They had to pre-empt that luny house before they started pouring the cool-aide or something worse. I'm glad they did and support the local
authorities who made a quick and good decision.
It's like Bernake, he had to act when Bear Stearns ran out of liquid cash and he did, that was smart management. The local authorities did the same
here and it's good.
Read this op-ed and apply the logic to the properly acting authorities in this brainwashing/abuse case here.
From Businessweek: Courage Under Fire
tinyurl.com...

Question when does the government get to decide which businesses stay open and which ones have to go under? Its a slippery slope when you start
bailing out companies because I promise you there are thousands of companies hurting in this credit crunch and mine is one of them. I cant get a bank
to give me a business line of credit for nothing and I have good credit. This crisis was caused by the banks when they decided they weren't going to
lend money anymore and on a financial system that is built on banks lending money that is not a good thing. Bear Stearns didn't want to have to do
that. They had billions in assets they couldn't liquefy and banks refused to lend them money so they wouldn't have to sell. So in the end the FED
ponied up and made it happen. Bear Stearns was saved at the expense of a lot of shareholders and a flawed fiat currency system which causes these
booms and busts lives to see another day. But wheres my bailout? Wheres the bailout of for the thousands of other businesses hurting? In a truly
free society Bear Stearns would of been allowed to go under and thats that.
As far as the ranch you keep saying loonies and brainwashing but let me ask you a question how do you know? Were you there? Do you know them? Have
you seen them? Im willing to be its no to all 3 you are basing your information on a media who is basing their information on CPS reports. So far
the CPS has been caught in several lies more and more women are being found to be of age. Dont take this the wrong way but dont be a sheeple. Dont
look at the news and listen and accept what they say because the government or media says it.