Bailout 1.1 Passed. Will We Have to Go Back to the Well for v2.0? [View article]
First, the Bailout is Plan B, not Plan A. Plan A was the privatization of Social Security. It had nothing to do with increasing Social Security payents, it had everything to do with injecting billions into the stock market to keep it growing.
Second, the problem is that the U. S. has a credit fueled consumer economy. It is a Ponzi scheme based on cheap labor achieved by immigration, legal and illegal and by borrowing to fund today's expenses.
The U. S. needs to shift to a sound economy. The U. S.needs to produce something.
-
First, the Bailout is Plan B, not Plan A. Plan A was the privatization of Social Security. It had nothing to do with increasing Social Security payents, it had everything to do with injecting billions into the stock market to keep it growing.
Oct 03 17:57 pm
|Rating:
0
0
All Comments by Kath H. »Bailout 1.1 Passed. Will We Have to Go Back to the Well for v2.0? [View article]
Second, the problem is that the U. S. has a credit fueled consumer economy. It is a Ponzi scheme based on cheap labor achieved by immigration, legal and illegal and by borrowing to fund today's expenses.
The U. S. needs to shift to a sound economy. The U. S.needs to produce something.