Quote:
Originally Posted by baddog
I never would have loaned someone money that had our credit issues.
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We didn't have credit issues until this congress created them. We had the best credit rating in the world a few month's ago.
We may have been carrying too much debt, but you should know that for a massive business venture carrying debt is as much an asset as a liability.
They called it leverage not long ago.
Republicans keep making comparisons to family budgeting, but a more correct comparison is to the budgeting of a giant corporation.
In a business, the ability to leverage is a positive.