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Author: vimapo Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19262  
Subject: savings and loan bailout Date: 5/20/2000 11:03 AM
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Bush's plan is like reagan's plan to deregulate savings and loans. Sounds simple and practical. Then when it fails our taxes go up to bailout all the people who lost their money on stocks that plummet. No one who posts here will do that but there will be millions who will lose money and then Congress will bail them out.

Rember Bush and the republicans are the same folks who gave us the s and l bailout-50 billion or so, and the same brilliant economists who predicted in 1993 (every republican in congress and every right wing talking head) that Clinton raising taxes would destroy the economy. Rather than admit they were wrong they try to say it everyone else gets the credit but clinton and the democrats.

Go back and read what these same folks were saying in 1993 and then check your portfolio. I figure why trust people who were so wrong back then.
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