fiberguyMy views are my own.Premium
join:2005-05-20
kudos:3 | reply to major marco
Re: the poor dears... You done? ... is there any room to point the blame to the consumer as well? ... you know the ones.. the ones that hokked their homes turning them into ATM cash machines to live "The American dreams" by purchasing flat panel TV's, iPhones, SUVs, PS3s, vacations, etc.? Or, the people that bought into homes they knew they couldn't afford while blindly signing on the line for something that would come back to bite them later.. I mean, did they not think that all the sudden they could buy/afford something they never could before, and didn't stop to think there were strings?
This, by the way, is how and where all that so-called money was pulled out of that went to those people you spoke of. THE AMERICAN PEOPLE *GAVE* the money to the execs. What's sad is that the execs have the cash.. as worthless in value as it is, they still have the cash. What basically happened is everyone took a cash advance on their credit cards and gave the physical cash to the execs... Ironic huh? People went to the banks, cashed in, and ultimately gave the money to the ones that run the very banks that are ... out of money!
Enron was small potatoes compared to what's going on now. |
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RadioDoc58ef2c0Premium,ExMod 2000-03
join:2000-05-11 | Not everyone, just the idiots.
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Toolmaster of La Grange. |
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fiberguyMy views are my own.Premium
join:2005-05-20
kudos:3 | I wasn't one of them. And, all differences aside, I can surely say that you weren't one of them either. You just don't strike me as someone that went on a spending spree like a drunken sailor.
However, I don't think you, like me, don't appreciate getting to pay for their mess. |
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RadioDoc58ef2c0Premium,ExMod 2000-03
join:2000-05-11 | I was just poking fun at your "everyone"... 
No, we did not partake. Didn't have much need to.
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Toolmaster of La Grange. |
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