UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev | Next
Author: fingfool Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 34950  
Subject: Re: JP Morgan Bonds Date: 10/29/2002 10:22 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 3
It will also be interesting to watch whether countries, heavily indentured to the World Bank and IMF, throw corruption in the U.S. back in our face. Crony Capitalism is alive and well and living in the White House.

Bailouts of private companies by governments are not a part of capitalism. Other countries may use whatever rationale is available for delaying or not paying their debts but it will only hurt their future borrowing efforts. Not sure of your definition of Crony Capitalism, but I suspect it didn't just take up occupancy in the White House in the last few years.

Regards,
fingfool
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev | Next

Announcements

Invest Better Hub
Take advantage of our newest free service, Invest Better!
New Fool-Branded Credit Card Available!
How does your card compare to ours?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Facebook Fool Fan Club
Be a fan of the Fool over on Facebook!
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Get the Fool Phone App
Save and share content, zero in on sectors, podcasts, and much more!
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement