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2 sick,
Are you saying we should get our taxpayers money back(TARP), used for the payment of the CDS's (default swaps), thru AIG and others, because the CDO's never legally had anything in them????
Hey FAT!,
Many a 'worker' has generated ideas for products and improvements in processes, for employers, only to be ripped off come patent time!
But more importantly,
But those of you who only worked for wages want to tear apart our whole economic and political system and redistribute the weath to the poor ...more
Colorado just about nails it.
No one wants to admit, and deal with the fact, that the fundamentals of this system need to change before anything will get better. According to Elisabeth Warren and BLS studies, aprox. 13% of the wealthiest people in this country, have 85% of this country's' wealth, and of that, 1% con...more
Enjoying the posts this AM. Funny, but even after reading the opposing views here, be it bailouts, bonuses, or regulations, one thing I think I am seeing, is that you all realize that this whole mess has yet to be paid for.
The Fed may have stepped in, but even those bills will come due, in the form of unbelievably...more
Will home prices continue to fall? As long as real wages continue to fall, then yes. For how much is anything worth? It's only worth what someone is willing to, and can afford to pay. Take away all the liars loans and otherwise easy credit, and one is left with only real wages to pay. With competition from overseas, wa...more
13% of the U.S. has 85% of this country's wealth (and growing).
Foreclosures at record levels.
Poverty rate increasing to record levels.
U.S. workers pay in the basement. " Competition from China.."
Yup, its rosy......IF YOUR A BILLIONAIRE!
Great ! Two things that continue to devastate the American Worker... Chinese production is up...and crude oil ( gasoline ) is up. This economy is just great!
9/13/2010
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