Even if that is your business, and you in the unemployment line?

On Tue, Sep 30, 2008 at 7:50 AM, Dana <[EMAIL PROTECTED]> wrote:

> no. We decided not to sell our future to Wall Street for pennies on
> the dollar. Some people may see the unemployment line over it but the
> businesses that go bust will have had flawed models anyway.
>
> On Tue, Sep 30, 2008 at 6:42 AM, G Money <[EMAIL PROTECTED]> wrote:
> > It's a lot of people who think just because they won't lose a lot of
> their
> > money right up front, that somehow an economic meltdown will not affect
> them
> > in the very near future.
> >
> > When we're all standing in the unemployment line several months from now,
> > it's going to be crystal clear. I guess people will take comfort because
> > standing next to them in line is someone who used to be rich...."boy we
> > really showed those rich guys!"?? Talk about small comfort.
> >
> > We stood by as the ship sank, and everyone was applauding....i just don't
> > get it.
> >
> > Am I wrong?
> >
> > On Tue, Sep 30, 2008 at 3:15 AM, Robert Munn <[EMAIL PROTECTED]>
> wrote:
> >
> >> Something occurred to me tonight. Seeing the market tanking and $1.2
> >> trillion dollars of wealth being wiped out in a couple of weeks, I
> started
> >> to think about who actually lost all that money, and it occurred to me
> that
> >> older Americans have largely been the losers in this episode, because
> they
> >> have the most to lose.
> >>
> >> My theory is that there is so much opposition to the plan because most
> >> people don't have a lot directly at stake- that is, invested in the
> market.
> >> Opposition to the bailout is, in essence, punishment of older Americans
> by
> >> younger Americans for financial ineptitude.
> >>
> >> Thought-provoking, no?
> >>
> >>
> >>
> http://www.usatoday.com/news/nation/2007-05-20-cover-generation-wealth_N.htm
> >>
> >>
> >>
> >
> >
>
> 

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