indefinitely may I add. On Thu, Sep 25, 2008 at 12:19 PM, Dana <[EMAIL PROTECTED]> wrote: > no, because he will be engaged in a buy and hold strategy. The whole > point is that a quarter-million-dollar house if currently not worth a > quarter-million, merely because of the current climate. So if you buy > and seel when the market has recovered, you make a profit. > Theoretically. So even if the money is gone there will still be > assets. > > On Thu, Sep 25, 2008 at 12:15 PM, G Money <[EMAIL PROTECTED]> wrote: >> Isn't that specifically what the proposal in question is talking about....? >> How to spend the $700 billion? It says that whatever the treasury secretary >> wants to buy, he gets to decide...without a court or committee or anything >> else getting any say-so. >> >> I mean, that's not a good thing, in my opinion, but that's hardly >> dictatorial powers. When the money's used up, this power's gone. >> >> On Thu, Sep 25, 2008 at 12:41 PM, Dana <[EMAIL PROTECTED]> wrote: >> >>> are you sure of that? I am not. >>> >>> On Thu, Sep 25, 2008 at 6:20 AM, G Money <[EMAIL PROTECTED]> wrote: >>> > "his decisions" >>> > >>> > No, only his decisions on what assets to buy etc. with the bailout money. >>> I >>> > don't agree with it, but it's MUCH more benign than "The Treasury >>> Secretary >>> > becomes a dictator!" >>> >>> >> >>
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