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  • From: EarthNSky <erthnsky AT bellsouth.net>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Comments on the bailout
  • Date: Fri, 17 Oct 2008 16:08:16 -0400



Gene GeRue wrote:
The mother of all bail-outs is upon us– approaching a trillion dollars in federal funds, that is, in tax-payer’s money, to get the big gamblers and hustlers and sharpies off the hook– and it’s way beyond global. Let’s call it galactic or stratospheric. It is awesome, and the questions just keep on coming:

When the big guys were raking in super-profits, we were not invited to the table to share the wealth, so why are we now told we must share the pain?

Isn’t this socialism for the rich?

In a way, yes, that is why it is so distasteful. It is actually reverse socialism, because as James notes, the rich haven't really lost anything-only what is on paper. Our tax dollars is just making the rich wealthier.



Now, tell us who you think is the author of this comment.

Then I will post the url source.


Does it matter if it was Obama or Ayers or Marx some other left wing radical?

Bev




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