10-01-2008, 02:38 PM | #1 |
Demiurge
Join Date: Aug 2005
Posts: 36,365
|
Time: Americans are too stupid to get behind the bailout
http://www.time.com/time/nation/arti...0.html?cnn=yes
The media has run hundreds of stories calling the average American a moron for not getting behind the bailout. |
10-01-2008, 02:52 PM | #2 |
Senior Member
Join Date: Jan 2006
Location: Between Iraq and a hard place
Posts: 7,569
|
Truth hurts, doesn't it?
|
10-01-2008, 02:57 PM | #3 |
Demiurge
Join Date: Aug 2005
Posts: 36,365
|
you are the last person I would turn to on advice for anything.
The explanations used invariably turn to lies. "This is the same thing as the RTC." No it isn't. The RTC disposed of assets of failed institutions, it didn't prop up bad ones. |
10-01-2008, 05:17 PM | #4 |
Join Date: Jan 2006
Location: Seattle, WA
Posts: 10,665
|
The press is part of the sanctum sanctorum that will benefit most form this massive subsidy. Long gone are the days when the press was the public's true guardian, keeping the powerful honest. If you ever doubted there's a cast system in the U.S. that won't allow itself to fail you now have your answer. Our mother countries' old habits are hard to break.
Still, there are many knowledgeable voices (on the perifphery of the estabishment; conservative intellectuals; writers and academics) who are making responsible arguments against the bail out. The NY Times is a little more charitable than time. It says leaders have not made a convincing case, though the Times offiially strongly supports the bail out (of course), and the attitude is one of condescension, that it must be made clear and digestible to the masses. Bail out opponents are not on the cool side.
__________________
Interrupt all you like. We're involved in a complicated story here, and not everything is quite what it seems to be. —Paul Auster |
10-01-2008, 05:20 PM | #5 |
Join Date: Jan 2006
Location: Seattle, WA
Posts: 10,665
|
Indy's firm's big clients are all up to their ears in credit default swaps.
__________________
Interrupt all you like. We're involved in a complicated story here, and not everything is quite what it seems to be. —Paul Auster |
10-01-2008, 05:38 PM | #6 | |
Senior Member
Join Date: Jan 2006
Posts: 6,177
|
Quote:
|
|
10-01-2008, 06:26 PM | #7 | |
AKA SeattleNewt
Join Date: Jan 2006
Posts: 7,055
|
Quote:
|
|
10-01-2008, 07:24 PM | #8 |
Senior Member
Join Date: Jan 2006
Posts: 6,177
|
|
10-01-2008, 07:28 PM | #9 |
Senior Member
Join Date: Jan 2006
Location: Between Iraq and a hard place
Posts: 7,569
|
If I had one wish, it would be that people learn how to properly utilize the BCC field on their email form.
|
10-01-2008, 07:39 PM | #10 | |
Senior Member
Join Date: Oct 2007
Location: Orange County, CA
Posts: 9,483
|
Quote:
It was awesome. Sadly, cannot find a similar free program like that anymore.
__________________
Fitter. Happier. More Productive. "Everyone is against me. Everyone is fawning for 3D's attention and defending him." -- SeattleUte |
|
Bookmarks |
|
|