Re: Bank Failure Friday 2008-09-19
- From: "Jerry" <jerry@xxxxxxxxx>
- Date: Thu, 25 Sep 2008 00:16:16 -0500
"Winston_Smith" <not_real@xxxxxxxxx> wrote in message news:vhsld45ufm5ppdci6g59jiuaf82latpc0q@xxxxxxxxxx
On Tue, 23 Sep 2008 00:42:50 -0500, "Jerry" <jerry@xxxxxxxxx> wrote:"Winston_Smith" <not_real@xxxxxxxxx> wrote in message
And then they figure out that they get to pay taxes to payoff the
bailout of the folks that did it to them. And as yet unborn kids find
out they will have to help pay for the party that happened before they
were a glimmer in daddy's eye.
It might give a majority of voters a whole new view of government.
Let's hope it's in time to save something.
Naw, the bushbot baby boomers will do just fine. They saved money and bought
houses and made investments.
But they never paid for either of those. The average person has about
$5,000 in savings and equity. They are screwed. The individual owned
90% of the stocks in the 50s; today they own less than 10%. It's a
corporate game.
They did well for themselves
Which explains Bush's current economic crisis. People are so darn
rich it's freezing the economy. Do I have you right?
and this is just a
lull in the economy, a buying opportunity, if you will.
So was 1929, 1930, 1931, 1932. 1933, 1934, 1935, 1936. Then we got
out of it with a nice little world war. Count on it.
Well, not you per
se, but you know, people who saved and bought fast modems..
Ah yes. The old theory of spending your way to prosperity. You
liberal NeoCons love that one.
I saved by NOT buying a fast modem, and - a much bigger bill - NOT
shelling out monthly for the privilege of using it. That bought me 50
pounds of wheat per month, and then a nice pistol and pretty soon it's
going to buy me a couple more gold coins. What did your modem buy
you?
How, pray tell, does your modem become a money making investment?
It's nice, I'm sure, but tell us how it becomes an investment?
I would be more
worried about the libs who have been drinking their money and spending on
crack whores. Good news is that it's not too late, even for them...
http://articles.moneycentral.msn.com/RetirementandWills/PlayingCatchUp/WhatToDoIfYoure55AndHaventSavedADime.aspx
An in-depth understanding of economics, I'm sure.
Shoo!
.
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- Re: Bank Failure Friday 2008-09-19
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