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hAS RUG-BURN
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Join Date: Feb 2003
Location: Non-trendy NYC enclave
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Sep 20th, 2008, 02:38 AM
Thats true, but we didn't solve that by socializing the mortgage industry. This cant work for more than a year since it was a FAILING mortgage industry and we dont have even a fraction of a percent of the capital to back it up with. Oh yeah, our countries credit rating is going to be lowered next week. I didn't even know countries could have credit ratings until yesterday.
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