The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (262561)	7/20/2010 11:23:13 PM
From: tejek	Read Replies (1) of 306849

From the article: Never mind that failed institutions would not have destroyed either our economy, nor our financial system. With some alacrity, the attractive portions of said institutions would have found backers or buyers in short order, while the money-losing businesses and their inept management would have been closed Its a nice thought but I ain't buying it. And as for the NHL player.......his salary is the result of free markets.......which whole heartedly endorses the concept of supply and demand no matter how absurd the salaries become. One thing I have found with capitalist proponents in this country is their refusal to see how the American form of capitalism is not working. Some parts of American capitalism are good but some parts need to be jettison....sooner rather than later. I mean how long to you think people are going to stand in unemployment lines while LeBron James and Lindsey Lohan and the CEO of GE make millions for simply doing what all the rest of us do.....their jobs....while the rest of us work for peanuts. That disconnect......the disparity in incomes between the haves and have nots......is what leads to revolutions.

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