Debate : 3493


Off-Topic / Debate / 3493	3492 \| 3494

Subject:	Re: Libitarian guff (Was: Re: Art Debate Was: [Re: Swearing?])
Newsgroups:	lugnet.off-topic.debate
Date:	Tue, 11 Jan 2000 15:23:27 GMT
Viewed:	2427 times

On Tue, 11 Jan 2000 07:04:09 GMT, Mr L F Braun <braunli1@pilot.msu.edu> wrote: > from outside the private sector (S&L scandals, anyone?). The major problem was > caused by uncontrolled speculation that *private bank policies* ultimately > allowed. When they only asked that an investor put down 5% to 10% of the funds > and the bank provided the rest for a hefty fee/interest rate, who was going to > turn them down in an era of seemingly endless, market-driven prosperity? Are you _sure_ you're talking about the 1929 crash, and not the 2002 crash? Jasper

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		Re: Libitarian guff (Was: Re: Art Debate Was: [Re: Swearing?])
(...) Could be either, but there are SEC restrictions on speculation now that would prevent the free-fall of 1929. 1997/8 in Indonesia/East Asia could have done the same thing as 1929, except that the response was very different--in part because we (...) (25 years ago, 11-Jan-00, to lugnet.off-topic.debate)

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		Re: Libitarian guff (Was: Re: Art Debate Was: [Re: Swearing?])
<Fo1y8z.Mr9@lugnet.com> <38781DD3.4545ED6B@voyager.net> Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit (...) Fostered by government? If so, only fostered by the government's complicity with the banking/savings and loan (...) (25 years ago, 11-Jan-00, to lugnet.off-topic.debate)

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