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  • 3 Things America Needs to Do to Get the Economy Back on Track [View article]
    Sorry correct version:
    This bailout plan is writing a blank check to people who have shown their incompetence at banking and who have encouraged mad credit policies. This plan is like entrusting to fix the chicken pen to the fox.
    There are alternatives which would help individuals and corporations but not the flawed banks which should be liquidated and sold to banks that are well managed. Listen to Congressman Peter DeFazio for instance.
    Oct 01 11:59 am |Rating: 0 0 |Link to Comment
  • 3 Things America Needs to Do to Get the Economy Back on Track [View article]
    This bailout plan is writing a blank check to people who have shown their incompetence at banking and who have encouraged mad credit policies. This plan is like entrusting to fix the chicken pen to the fox.
    There are alternatives which would help individual and corporations but not the flawed banks which should be liquidated and sold to banks that are well managed. Listen to Congressman Peter DeFazio's for instance.
    Oct 01 11:57 am |Rating: 0 0 |Link to Comment
  • 3 Things America Needs to Do to Get the Economy Back on Track [View article]
    To alwaysalady:
    A strong purge, yes, that might be the cure.
    Sep 29 15:26 pm |Rating: 0 0 |Link to Comment
  • 3 Things America Needs to Do to Get the Economy Back on Track [View article]
    Interesting diagnosis and prescription. But too late. Too many viruses have weakened the body. The patient is extremely sick (look at obesity; do you think the Vikings or the pioneers were obese?) and disoriented. It won't recover before a vey long time, if it does.
    Sep 29 12:38 pm |Rating: 0 0 |Link to Comment
  • Where's the Bottom? Still Anybody's Guess  [View article]
    To the poet above: why don't you go and sing in front of the inept people of DC instead of squatting space meant for useful discussion here?
    Sep 26 03:19 am |Rating: 0 0 |Link to Comment
  • Where's the Bottom? Still Anybody's Guess  [View article]
    Unpegging money creation from a tangible thing like gold, unleashed all the greed of the financiers and such quacks who are incapable of producing even a nail!
    Sep 25 12:56 pm |Rating: 0 0 |Link to Comment
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