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Understanding Opportunity
The Hollywood Liberal — Understanding Opportunity I just want to add a couple of points to the discussion on opportunity, one relating to progressives’ tendency to get distracted by inequality when thinking about opportunity, and one relating to the evidence that is brought to bear when… [image] [image] The Banks Have Stolen Enough; It’s Time to Take Them Over Hold onto your wallets. The bankers are coming bank for more money. They burned through the $350 billion that we gave them in the first round of the Troubled Asset Relief Program (TARP) and they are worried that even the… [image] [image] This entry was posted on Sunday, January 25th, 2009 at 5:33 am and is filed under ...

Please President Obama, Don't Buy The Shitpile
Open Left - Front Page — ... Banks about to go under because of bad assets should be nationalized by the government, and the stockholders wiped out. Once that is done, the banks should then resold to the private sector with vastly increased regulations. This is what we did in the 1980's during the S & L scandal, sans the increased regulation aspect. Instead, the Obama administration is moving toward bailing out the private stockholders by taking their own bad decisions off their hands with a quarter of a trillion in public money--possibly much more. We are close to using what little is left of our national ...