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We are exactly where the corrupt capitalist elites wanted to be. Abuse the system for maximum profits, and then, if the worst happens, have joe public bail them out to the tune or $700,000,000,000. And this is a down payment, because Bill Gross (the billionaire) is on record on CNBC website that another $500,000,000,000 will be needed to loosen the credit markets and that even then, it might not work.
Oct 03 13:40 pm
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All Comments by Al-USA »Thinking About the Next Six Months [View article]
We don't have free markets and we don't have capitalism. What we have is a bankrupt, or soon to be bankrupt economic philosophy of corporate welfarism masquerading behind free-market ideology supported by both the Demorcratic and Republican parties. There's only one thing to do: vote the clowns out of office on Nov. 4 who supported this RIPOFF.