SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Road Walker who wrote (457969)2/20/2009 11:46:33 AM
From: tejek  Read Replies (1) of 1573927
 
Missed this last part to the Cramer article.


The Traders' Solution Would Wreck Our Society


I hate to invoke class warfare. But for someone who was poor and lived in my car, I just feel different from these traders who, with their arrogance, just can wreck the social fabric of the country and the world. I think the bottom like on the Chicago approach is simple: the trains would run on time.

I also want to point out that my plan, which involves some sacrifice, would solve this. It does not have to be a drastic solution. But to not intervene is a disaster. And, by the way, while I am at it, understand that a Swedish plan would have the same effect as walking away, trader-style. If you thought Lehman was bad, this would be Lehman times 10.

The world is not prepared for those defaults, because, once again, you are simply begging for a Great Depression.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News