TIP: Click on subject to list as thread! ANSI
echo: pol_inc
to: Richard Webb
from: Bob Klahn
date: 2009-03-22 23:51:00
subject: Why so quiet?

...

 RC>>> As Mr Drum pointed out, the bonuses paid out were a mere fraction of
 RC>>> the monies that comprised the bail out..

 The amount of money involved is not the point. The point is
 rewarding those who caused the problem in the first place.

 ...

RC>> Should Chrysler have been bailed out nearly 30 years ago?

 RW> DIdn't think so then either.  sInk or swim on your own
 RW> merits.

 Chrysler didn't even get a loan from the government, Chrysler
 got loan guarantees. Which were paid off and made a profit for
 the government.

 RW> IF it's the scale involved, oh well.  LET the angry policy
 RW> holders force the sale of those wonderful buildings with
 RW> the marble halls and flowing fountains.  LEt the angry

 Of course the price would be down, and mortgages hard to get.

 RW> policyholders who got the screws put to them go looking for
 RW> a fat cat to lynch.

 OK, that one I kinda like.

 ...



BOB KLAHN bob.klahn{at}sev.org   http://home.toltbbs.com/bobklahn

... Bin Laden wants to kill Americans. He couldn't if Bush had killed Bin Laden
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