Lincoln was right, and wrong. More Americans than ever before own stocks through pension funds, 401K plans, and direct investments. So when we say, "The corporations", we're really talking about the public.
But look at wealth distribution by age and you will see that older Americans own the vast majority of those assets, they stand to lose out big time, and they don't have decades to re-build their portfolios like younger Americans do. So who is the bailout for? Older Americans. Who votes? Older Americans. There you have it. On Wed, Oct 1, 2008 at 7:05 PM, Tony wrote: > "I see in the near future a crisis approaching that unnerves me and > causes me to tremble for the safety of my country. . . . corporations > have been enthroned and an era of corruption in high places will > follow, and the money power of the country will endeavor to prolong > its reign by working upon the prejudices of the people until all > wealth is aggregated in a few hands and the Republic is destroyed." > -- U.S. President Abraham Lincoln, Nov. 21, 1864 (letter to Col. > William F. Elkins) > > makes me think > > -- tony > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:271880 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
