Think back to when all those folks in Washington were telling Barack to let the auto industry go under, with more than a million jobs on the line.
Republicans seem to think that those cant afford to pay back the loans are in this situation because of their own faults.
In the short term, either investment style can produce consistently good returns: growth stocks predominated in the 1990s, value stocks have done better in the past five years and there are those who think the tide is about to turn back now.
On behalf of convicted white-collar felons, and for those yet to be indicted, I think Spitzer needs to get back into law but this time as a defense lawyer.
Those who advise them to go back to the drachma, should think about the additional pain that isolation would create.
Those of us with the luxury of time need to step back and think about that.
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So the euro could yet fall back again, even though most economists (or those daft enough to guess) think it is undervalued by 20-30%.
Further, we also know from the game that people will do things that are damaging to their own interests but which will kick back at and damage those they think are being unfair.
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And I think if you go back to what the President said in his inaugural address by -- there are those that seek to change by building, and those that seek to change by blowing up and destroying.
It goes back a long way, back to the early days of variety shows (did you think the Beatles were singing live on those shows?) and is, whether you recognize it or not, weaved throughout our musical entertainment history, for better or worse.
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And I think it's important to know that was a process that was necessary to get those companies back on their feet so they could start hiring more people.
But it is also true that many of those who strongly backed him, and will still back him, think he has not been bold enough and has not confronted those who were always going to tear him down.
But I think he believes that the American people will understand that we're making those tough decisions to pull ourselves back from falling into another Great Depression.
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