NP - OWS is Winning

alice wellintown alicewellintown at gmail.com
Mon Nov 28 19:04:47 CST 2011


> Kevin Drum’s conclusion, contrasting how the financial industry was
> treated vs. how the rest of us were treated, rings true:

You don't want to be treated like Bear Stearns. What you want is for
Bear Stearns to fall and crash. Well, it almost did. The Fed gave it a
shot but in the end it had to fail and be sold to JPM. This cost us
more than the bail out would have. But mayb e you feel better cause
Bear Sterans failed. It's not like some building and load, right? But
shit, it ain't like we can get bailed out. Bailed out of what? Debt?
Student Loanns? Mortgages? Cedit Card debt? Taxes? Health care costs
and expendetures? Bail us out of what? Recession? Jesus, people don't
understand money.

God but the financial illiteracy of Americans is getting worse day by
day. And the pundits, even those with nobel prizes, perhaps mostly
those with nobels and other accolades, are not helping matters. My
advice: start with the beautiful film, It's A Wonderful Life."

http://www.econedlink.org/lessons/index.php?lid=698&type=educator



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