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.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (202128)5/13/2009 5:51:32 PM
From: GalirayoRead Replies (1) | Respond to of 306849
 
They didn't need to Raid the Treasury and the Taxpayers in the 1st place ..

Airlines have been nothing but In and Out of BK for Decades.

Why do we need to fund any of this Crap ..

But the Better Question is ...

WHY were the Bond Holders Forced to Subordinate ????????



To: Elroy Jetson who wrote (202128)5/13/2009 6:29:52 PM
From: GalirayoRespond to of 306849
 
>>I think it's terribly unfair that many people have come to expect a government bail-out as their birthright. This welfare mentality needs to stop.<<

Again .. I totally Agree ...

But after a full circle ...

What is Safe Now ??



To: Elroy Jetson who wrote (202128)5/14/2009 7:02:21 AM
From: dealmakr Read Replies (2) | Respond to of 306849
 
"think it's terribly unfair that many people have come to expect a government bail-out as their birthright. This welfare mentality needs to stop."

I saw this quote here before and it still fits the bill after a few thousand years or so.

"The budget should be balanced, the treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, assistance to foreign lands should be curtailed lest Rome become bankrupt, the mobs should be forced to work and not depend on government for subsistence."

Marcus T Cicero

It always amazes me that time can't erase the power of what great words and common sense can mean.

For some more quotable quotes from Cicero worthy of some serious pondering;

answers.com

dealmakr