satguru

Orwellian Finance: Is 1984 Happening in 2009?

You, my friend, are a classic example of apathy - you know and you don't give a damn as long it does not affect you!


On Jan 19 02:54 PM patio wrote:

> What is the difference between ignorance and apathy?
> I don't know and i don't care.

Orwellian Finance: Is 1984 Happening in 2009?

Mr. Quinn, most eloquent article. You took the words out of my mind which I don't have the capacity to put on paper. Someone said in one of the comments that it is ignorance on the part of most of the people. I feel it is in a way but it is more than that. More apathy then ignorance. As long we are not touched directly we do not respond. Even with the true unemployment numbers at 25 to 30% the other 70 to 75% are not really directly affected. This is what apathy does. The majority of people are not directly affected. We still live in our nice homes, drive around in our fancy cars, eat in fine restaurants, go on vacations - we will remain apathetic!! Sad but true. Just look at the rest of the world and look at us Americans. We are lavish compared to others in the world. But I think think the winds of change are in the air and I don't mean Obama!

The Financial Crisis Explained

I am really at a loss to understand how much money in dollars and cents was given out on sub-prime to the poor and blacks as stated in this article as the primary cause of this debacle. Why is this cancer worldwide? Did the sub-prime caused by FNM and FRE also make the whole world financial markets collapse? Are the poor and blacks tied in any way to investment banks such as Merrill and Goldman and Morgan Stanley? What kinda of BS excuse are you folks using for the creed and corruption of the rich. The poor and blacks and minorities are always used as scapegoats. What about the enormous billions spend now on the corporate bailouts and who gets the massive golden parachutes for creating this mess. It's people like you Mr Anton Wahlman that make me sick. Tell me what is the dollar amount of funds that went for sub-prime mortgages to the poor and blacks and what has been to total dollar amount given out so far used to bailout wall street globally to date??? You a**holes make me sick!!!
I live in an affluent neighborhood and five of the homes went on foreclosure and guess what none of them are owned by poor and blacks. These are rich white folks who used there homes as ATMs buying fancy SUVs and boats and spending lavishly on everything. This is where the big cost of mortgage financing went to the fat cats. SO CUT YOUR BS!!!!