Tuesday, September 23, 2008
What happens if we don't bail-out?
This long time liberal wants the free market to be allowed to work. In my scenario, the exurb houses that shouldn't have been built using debt that shouldn't have been extended would be disassembled, the materials and land recovered and returned to proper use. Families would combine, two incomes might have to shrink to one, and the populations of weak victims of sinister, but dependent predators would naturally decline. Fewer cars, local food, better relationships, healthier life. The consequences of greed would play out, as they should, with lessons learned.
Monday, September 22, 2008
Banks Lobby for Bailout to Cover Any/All Risk
This is corporate welfare addiction run amok. Write your Senator/Congressperson and tell them to stop the madness, now.
http://www.nytimes.com/2008/09/22/business/22lobby.html?ex=1379822400&en=d9766c390cbb1bbf&ei=5124&partner=permalink&exprod=permalink
No bailout. It's time to face the real consequences of our ignorance and greed.
http://www.nytimes.com/2008/09/22/business/22lobby.html?ex=1379822400&en=d9766c390cbb1bbf&ei=5124&partner=permalink&exprod=permalink
No bailout. It's time to face the real consequences of our ignorance and greed.
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