As bad as this sounds, those banks should have been allowed to fail. Someone else with money would have come along to buy them out and these banks would then be under new management. Perhaps the new management would have better foresight and greater wisdom. If not, they too would fail. The idea that we ought to "prop up" failing businesses just doesn't work, because the same management that caused the failure is still in place. They lent money to their buddies and it's come back to bite them in the butt. I do believe the "Occupy" movement has the right to protest, just as any other political group does (whether or not I agree with their politics). As for Wall Street, the long foretold "market correction" has finally come to pass for the last several years. Stock prices were too inflated, and when the real value of companies became revealed, our whole economy got a reality check. When you spend money you don't have, the "wolf" camps on your doorstep...
thielensan... [email protected] http://www.myspace.com/vodor http://xianz.com/Vodor -----Original Message----- From: Luis Fernando Gramajo P. <[email protected]> To: SoCalFreeNet.org General Discussion List <[email protected]> Sent: Thu, Oct 27, 2011 10:26 am Subject: Re: [SCFN] Occupy San Diego is organized and ready for the Friday Occupation of the Civic Center Im not political, im a tech, but like Stallman always saids... you ave to be a technician and political activist. Anyways, Its funny how after decades of a world wide banking system sucking on ur economies, finally foreclosure strikes big time in the US. conomies around the world start to crumble, banks declare ankrupcy,.. bankers have no one else to get money from, no new yachts r new pyramid schemes in wall street. And whats happens... your goverment bails them out. Gives them your ax money so they can continue their greedy lust for money. Finally the people had it! Good for you guys! --~--~---------~--~---------~--~---------~--~---------~--~---------~--~------- - Luis Fernando Gramajo P. http://www.guatewireless.org -~--~---------~--~---------~--~---------~--~---------~--~---------~--~-------
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