Saturday, August 1, 2009

Perpetuating the Debt

In response to an article "Does Bernanke Really Not Understand His Fate" by Byron King at - Aug.1,2009 - I posted this comment :

Thanks for an insightful article. It's amazing you took so long to state the obvious. Our little voices just aren't heard because we're not "celebrities" - we knew it all along.

The chickens have not come home to roost at all. Feeding the big boys was not the way to fix the economy and waive the recession. All the rhetoric about the "trickle down' effect is cock. By the time it reaches those on the bottom the whole system will be 'belly-up'.

The little people needed help. Each of us should have received a slice of the handout and the big boys should have been left to collapse. Only then would there have been 'real' money in the economy. They should be left to face their shareholders and bankruptcy and disgrace.

It is the risk of business, you either make it or you don't. Does my small business get a government handout because of my bad decisions - I don't think so ?

The "greed is good" mantra of the 80's should have been left to die and buried in it's own stink. Only then would we have a chance to sort this mess out. - Goblinono.