Let’s get back on track people!

FOCUS!!!

Yes, I know this happening indirectly today, but not as direct as if the Treasury bought failing mortgages.

It is Mr BHO who pushed through the stimulus, shifting auto companies failed policies of huge union benies on the taxpayer. It is Barney Frank and Bill Clinton that were pushing fannie and freddie to take on more risk.

The problem isn’t the little people’s debts on overpriced houses, it is the financial system that treats projected income as though it exists now in order to “guarantee” the creation of even bigger debts which are in turn used as assets to “guarantee” more debts into infinity.

It is the ultimate pyramid scheme – except this one is inverted – the base is the smallest part.

OK, “The rich guy is getting richer by making the poor guy poorer.

My solution: Put American and American Workers first, and stop
subsiding the rich and big businesses.”

No, the rich do not get rich by making the poor poorer. How did Mark Zuckerberg make the poor poorer? Bill Gates? Steve Jobs? The only one who gets rich by making the poor poorer are politicians.

End subsidies. OK, end ALL subsidies. Green energy. Auto bailouts. Big oil. But how do put “American and American Workers first”? This is a free world. American workers have to prove a compettitive advantage for the business hiring them. American workers do work hard and efficiently, but costs outweight that advantage. And regulations in America nickel and dime business to the point where they cannot produce in America.

Look at the recent attacks on Boeing, Gibson Guitar, and the energy sector. Why would you want to produce in America aside for patriotic reasons (and sorry, shareholders do not care).

Brilliant, Absolutely Brilliant, advice from someone who can’t spell.

Concened,
I simple words that even you may be able to understand.

The rich guy is getting richer by making the poor guy poorer.

My solution: Put American and American Workers first, and stop
subsiding the rich and big businesses.

The problem with the mortgage market is that the banks and other lenders bundled their subprime mortgages and Wall Street lied and said they were sound investments and then sold MBS to investors.

PS: My solution: Lending Institutions should be requied to hold on to 90% of the loans.

The problem with the mortgage market is fannie and freddie shifting the risk from investors to the govt.

As to Bain Capital, I would have to do so research since I know very little about the company. But why should I care? Breaking up companies is part of the business cycle. Did you just watch Pretty Woman?

Yes, the top one percent makes a ton of paper money. So what? Looking at those who hit the top 1%, their incomes fell in the past 10 years.

And as you point out, they are doing better than the bottom bracket. But the bottom bracket still went up! So who cares?

Muck- all those companies provide a service. Hence why in my earlier post I said “product or service”.

Hate banks and Wall Street all you want, but they are essential to our economy. Buy a house, 99% of us are getting a loan from a bank. Store money in a floorboard or a checking account.

Buy a new car, all those cars are purchased by the dealer on a loan.

Back to ‘inequality’- xring, what do all those numbers mean to economy and what changes do you propose.

How is the rich guy getting richer affecting the little guy? Very curious.

Just saying…..