On Mar 23, 2009, at 7:30 AM, Charles Bennett wrote:

> By that argument every tax payer with a bad mortgage that "couldn't
> survive" could fall under government regulation.
>
> Every company that will survive because of the porkulus bill's
> stimulus could fall under government regulation.
>
> When you go down that path there is no end to what the government can
> justify for your own good.  The only for sure thing is that, in the
> history of civilization, it has never worked.   Not once.   Ever.   No
> one has ever got the timing of the spending right.

This doesn't seem to make sense. Women who apply for welfare must  
reveal the income of any man who happens to be living with them even  
though the man may contribute nothing to the support of the children.  
Parents of students who apply for financial aid must reveal their  
income even though they may contribute nothing to their children's  
education. These relationships are much more tenuous than the  
relationship between say AIG and  Deutsche Bank which is contractually  
defined. Lets protect Parents and the  guys who boff welfare moms. The  
bankers can look out for themselves.

> There is.
>
> a)  If you are  a shareholder.  Vote your shares on such rules.

Except most shareholders are shareholders by virtue of having a  
pension, a retirement fund or insurance and can't vote their shares on  
such rules. If you pay taxes, you are a 'shareholder' in pretty much  
every major financial institution these days but you don't get a  
vote.  That's why people are so pissed.
--
Vegetarians eat Vegetables, Humanitarians frighten me


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