[Rhodes22-list] Failure or success?
Robert Skinner
Robert at SquirrelHaven.com
Mon Sep 29 20:24:50 EDT 2008
Looks as if the neocon Republicans have
failed to socialize Wall Street's losses.
Democrats are standing fast to let the
results of greed find their way back to
those who promoted and profited from it.
Success will be the failure of the
companies who overextended their loan
positions.
It is going to be a rough ride, and we
will have to help out our neighbors who
made foolish borrowing decisions.
That is truly conservative behavior.
How curious it is that so many Democrats
are joining with old-line Republicans to
restrain the modern go-go neocons.
The people are not willing to allow the
nouveau rich CEOs to keep their
multimillion bail-out packages - the
packages designed to insulate them from
the consequences of their decisions.
Perhaps we will need another WPA/CCC to
recover from this experiment in economic
deregulation.
What the Hell -- most of our really
beautiful parkways and rural public
structures cam from the last depression.
Makes the head spin...
/Robert
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