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blueridgefollowshare
3-23-2009 7:33 PM
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blueridge says:
Based on housing increase and Toxic Asset Liquidation plan, yet links from Bloomberg show hot debate on whether that is good or not.

The free market would have thrown up on its own, purging the toxic assets by the failure of the banks holding them, instead of the expensive financial "surgery" from Geithner (which bails out his bank friends) to remove them with this plan. This plan is enormously expensive to achieve the same results.

Look at the huge stock rise on the banks.

Bloomberg also says the dollar weakened on this, as well as oil increasing and gold declining.
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