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Thread: Washington Mutual went under. Seized and sold.

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    Default Re: Washington Mutual went under. Seized and sold.

    Quote Originally Posted by Fragony View Post
    Don't dismiss the ideoligy because it is basicly nationalising these banks that will be under firm governmental control, it's essentially creating a shadow government, 700 billion, good for us europeans, bad for you.
    Exactly! The bailout is going to be bad for US citizens as the resultant inflation will devalue the dollar causing the standard of living to decline in coming years.
    Last edited by Puzz3D; 09-26-2008 at 20:15.

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