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01-29-2009 03:46 PM |
Quote:
Posted by Guest
(Post 185811)
Geez.....
The whole world is in the crapper...Ireland that has the lowest corporate taxes, at least according to the talking heads, is in the crapper. I walked into Macy's in Buck head outside of Atlanta...nobody there.
We gave Citibank 45 million dollars and they bought a jet. Aren't they the same ones who are paying for naming rights to the tune of millions.
The banks took the money to shore up their balance sheets...not to unfreeze the credit market. They lend less now..... Now they want to shove all the bad paper down our throats....
Million dollar bonus's and office decor. These people are the real elitist
ENOUGH ALREADY....
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You make a strong point for letting this economic chaos run its course without the Fed thinking they can fix it by chaotically throwing more and more and more money at it. 34 years as a psychiatrist and I have seriously underestimated the magnatude of greed in humankind. Greed that hits us right between the eyes (Bernie Madoff, Merrill Lynch's CEO and his 1400 dollar waste basket) or the more subtle form( being a political opportunist and USING the pain of a severe recession to push through a self-serving agenda). I now wonder if any decision makers can escape the the grasp of greed to make important decisions. Thus, maybe it is safer to do nothing and let economic forces (which I know little about)be what ultimately stabilizes our economy. Those that panic and say, "we must do SOMETHING" need to realize doing nothing is doing something.
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