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Pass the pie, please.

by JP Bill / October 24, 2008 11:31 PM PDT
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we've had enough "bailout" already.
by James Denison / October 25, 2008 8:02 AM PDT
In reply to: Pass the pie, please.

It's actually just a cushion and that's all it can be. Sooner they accept that the quicker they will move to a better plan of attack. The cushion has been put in, but the economy needs priming again and you don't do that by tossing money at hoarding banks, you do it by getting money (when needed) into the hands of the people. Lower the income taxes, increase infrastructure spending, this will help move more money into the economy where it's needed, help overcome Greenspan's mistake in fighting "wage inflation" after he'd caused prices to become inflated, and offset the value deflation we see going on all around us now. Somewhere it will meet in the middle and level off.

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They are in the business of taking risks
by Steven Haninger / October 25, 2008 8:54 AM PDT
In reply to: Pass the pie, please.

and so is betting on the horses. Maybe track side and off track gamblers need some help too.

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How is this different from socialism?
by Diana Forum moderator / October 25, 2008 11:54 PM PDT
In reply to: Pass the pie, please.

All these companies want to be left alone (let's hear it for free market) until they get into trouble by ignoring their risk analysts. Then they want the government (that means you and me) to bail them out of their own greed (so much for "greed is good").

They still don't want the government to interfer with their business.


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