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Pastimes : Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: alanrs who wrote (1671)8/12/2008 8:47:18 PM
From: c.hinton  Respond to of 3816
 
very good points...and leads one to question the merits of democracy that leads politicians to pander to the public....or to the markets.



To: alanrs who wrote (1671)8/12/2008 8:53:47 PM
From: c.hinton  Respond to of 3816
 
tough love is good for drug addicts.

tough love is good for debt addicts.
jmho

that means high interest rates to force them to quit.

you generally dont make a recovery until you hit rock bottom

the you rebuild.

liquidate ..liquidate liquidate



To: alanrs who wrote (1671)8/12/2008 8:58:30 PM
From: c.hinton  Respond to of 3816
 
“Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. ..."
matthewyglesias.theatlantic.com


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