And, nobody is angry about this; I really don't understand. This economic
mess has me afraid for hard working relatives, caught up in the system. I
even fretted for a few days that the bail-out might be necessary because I
didn't want to see 30% unemployment and 25% annuallized inflation.
I now believe we will have that , and worse, but the people who caused the
mess will continue to be rewarded, rather than punished. It certainly pays
to buy, rent, and/or own congressmen ......bobford
--- On Mon, 11/3/08, Don Bowen <don.bowen AT earthlink.net> wrote:
> From: Don Bowen <don.bowen AT earthlink.net>
> Subject: Re: [Homestead] Bailout was: Electricity
> To: homestead AT lists.ibiblio.org
> Date: Monday, November 3, 2008, 3:22 PM
> Aren't you glad the congress stuck your kids and
> grandkids with the bill for
> executive greed?
>http://wsws.org/articles/2008/nov2008/pers-n01.shtml
>
> "The Wall Street Journal published a front-page
> article Friday reporting
> that the nine biggest US banks, which have received a
> combined $125 billion
> in taxpayer funds as part of the $700 billion bailout
> authored by Treasury
> Secretary Henry Paulson and passed by the Democratic
> Congress, owed their
> executives more than $40 billion for recent years'
> compensation and pensions
> as of the end of 2007."
>
> Don Bowen KI6DIU
>http://www.braingarage.com/Dons/Travels/journal/Journal.html
>
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