Re: OT - How to think like a righty

"David Goldberg" <daagoldberg@xxxxxxxxx> wrote in
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"mr. gone" <mr_gone78@xxxxxxxxxxx> wrote in message
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On Aug 30, 3:08 pm, "David Goldberg" <daagoldb...@xxxxxxxxx> wrote:
"theBZA" <dewe...@xxxxxxxxx> wrote in message

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Neil Cavuto on Fox Noise last night was lambasting home owners who
"got in over their heads" and now want government help getting
out. He reminds that "it all comes down to personal
responsibility" and "No one makes us sign mortgage papers. We sign
them." He opposes government bailouts for homeowners facing
foreclosure due to questionable loans.

But he supports a federal bailout of banks and lenders who *made*
the quesionable loans. He supports a federal bailout of the
investors who bought the "securities" of packaged questionable
loans. He thinks the government should bail these folks out with
direct financial assistance and by further cutting interest rates.
He thinks it would be "good for the market. It would stabilize the
market."

So, people who already made a lot of money lending bad money
should be bailed out. The people facing the loss of their homes
need to stand and and take "personal responsibility." Typical
right-wing thinking. Help the corporations and screw the people.

Neither should be bailed out, and we should privatize our money
supply so this nonsense cannot happen again.- Hide quoted text -

- Show quoted text -

how do you "privatize" something that is printed by the government?

You allow private entities to print their own money.

Um David? You know that they already do, right? It's called Corporate
Bonds. MOst of them are also called "junk" and for a very good reason.

--
Crippled but free
I was blind all the time
I was learning to see.
.

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