Quote:
Originally Posted by geochem1st
Thanks for all the good will. I might have to start learning Mandarin after all.
Something to consider:
While the middle class collapses, the nation's richest have made out like bandits. The top 0.1 per cent now earn more money than the bottom 50 per cent of Americans, and the top 1 per cent owns more wealth than the bottom 90 per cent. The wealthiest 400 people in our country saw their wealth increase by $670 billion over the last 8 years.
The Internal Revenue Service confirms that the last time the top 1 per cent of income earners were this proportionately wealthy was 1929 - the year of the infamous Wall Street crash that battered Americans for a decade and pushed unemployment to 25 per cent in 1933.
Give the bailout money back to the taxpayers, not the corporations. Let them payoff their debts, start consumer spending again, and watch the economy jump start. It's their money.
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You are totally correct, but they won't give us that money. Soon, that money will be in the hands of the people who blew it in the first place.