http://www.poligazette.com/2007/12/31/hillary-ad-president/ Because Common Sense Transcends Distance Mon, 22 Mar 2010 06:35:51 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.poligazette.com/2007/12/31/hillary-ad-president/comment-page-1/#comment-14066 Hillary Clinton » Hillary Ad: “President” Mon, 31 Dec 2007 22:07:53 +0000 http://poligazette.com/2007/12/31/hillary-ad-president/#comment-14066 [...] Here’s another interesting post I read today by PoliGazette [...] [...] Here’s another interesting post I read today by PoliGazette [...]

]]> http://www.poligazette.com/2007/12/31/hillary-ad-president/comment-page-1/#comment-14051 Bill W Mon, 31 Dec 2007 20:25:56 +0000 http://poligazette.com/2007/12/31/hillary-ad-president/#comment-14051 So her solution to a market correction albeit a tough one is to subvert the market entirely by "freezing foreclosures" and "freezing interest rates"?  Talk about your laws of unintended consequences.   First, I don't believe a president has those powers and if they did, it would have forced most financial institutions into total liquidity melt-downs, bankruptcies for all major banking institutions, which probably would have led to runs on banks, etc, etc.   Kind of like removing a skin cancer with a hand grenade.  So her solution to a market correction albeit a tough one is to subvert the market entirely by "freezing foreclosures" and "freezing interest rates"?  Talk about your laws of unintended consequences.   First, I don’t believe a president has those powers and if they did, it would have forced most financial institutions into total liquidity melt-downs, bankruptcies for all major banking institutions, which probably would have led to runs on banks, etc, etc.   Kind of like removing a skin cancer with a hand grenade. 

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