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Recommend Charlie Munger On The Bailouts: "Suck It Taxpayers!" (Email)

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Chalie Munger has a message for anyone who might want to compain about the bailouts.

Munger says we shouldn't be "bitching about a little bailout," we should wonder why the bailout wasn't even bigger.

"You should thank God for bank bailouts.  Now, if you talk about bailouts for everybody else, there comes a place where if you just start bailing out all the individuals instead of telling them to adapt, the culture dies."


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