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alabala

Sometimes You Just Have To Laugh.

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Back to basics...news of the day, week and the month.

Dicey was a mesiah, and Jennings with his welfare-state Discretionary powers a muppet.The end of the Welfare state:

http://news.yahoo.com/s/ap/20090523/ap_on_...ay_of_reckoning

"We should have been limiting the growth of government for years," Villines said.

"The real problem of California is that we need to bring government closer to the people, so that the role of the state is much narrower. We need to focus on big-picture stuff," he said.

Oh, the wise European Regulators have been supervising with relentles dedication, the EU is not a flawed Idea, is beyond utopia:

http://www.independent.ie/business/irish/b...ns-1749077.html

But, in the present situation, there is no way lenders can cross check with other banks on what collateral has been used for borrowings. This leaves them open to issuing loans on assets that have already been used as collateral for other borrowings.

Edited by alabala

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Back to basics...news of the day, week and the month.

Dicey was a mesiah, and Jennings with his welfare-state Discretionary powers a muppet.The end of the Welfare state:

http://news.yahoo.com/s/ap/20090523/ap_on_...ay_of_reckoning

"We should have been limiting the growth of government for years," Villines said.

"The real problem of California is that we need to bring government closer to the people, so that the role of the state is much narrower. We need to focus on big-picture stuff," he said.

Oh, the wise European Regulators have been supervising with relentles dedication, the EU is not a flawed Idea, is beyond utopia:

http://www.independent.ie/business/irish/b...ns-1749077.html

But, in the present situation, there is no way lenders can cross check with other banks on what collateral has been used for borrowings. This leaves them open to issuing loans on assets that have already been used as collateral for other borrowings.

True enough, sometimes you have to laugh, but sorry to report, this did not help.

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