Originally posted by mmiichael
" You cannot help the poor by destroying the rich. You cannot strengthen the weak by weakening the strong. You cannot bring about prosperity by
discouraging thrift. You cannot lift the wage earner up by pulling the wage payer down. You cannot further the brotherhood of man by inciting class
hatred. You cannot build character and courage by taking away people's initiative and independence. You cannot help people permanently by doing for
them what they could and should do for themselves. "
That kind of thinking can cause Civil War.
In fact was Abraham Lincoln
Mike F
maybe if you had some data that showed how the wage earner has benfited from the wage payers vast increase in wealth over the last 20 years, this
would ring true. if a wage earner cannot get an increase in pay, that at least matches inflation every year, then the wage earner falls behind.
this is not as complicated as every business and investment person tries to make it. and not everyone who is a wage earner is as dumb as a rock as the
MSM keeps trying to portray them.
this crisis was caused by leveraging 40,50,100 to 1, mortgages in the form of SIV's and CDS's, that had absolutely no government oversite, rules,
regulations, or laws, to protect against massive financial collapse. it was a ponzi scheme created by the investment houses of the world, and they had
full knowledge of what they were doing, and spent millions in lobbying governments to look the other way, and "NOT INTERFERE WITH THE FREE MARKET
WITH OVER-REGULATION". i agree with the person that said a few CEO's should be killed, have their balls stuck in their mouths, and hung from the
rafters of the NYSE for all to see every day as a "GENTILE" reminder of what happens to people that cause such massive destruction of economies and
to millions of people's lives. since over 30 thousand people are killed on our roads every year..i think this is a small sacrifice.