patrick.net

Yea. No shit. This what happens when you use bailouts to protect the wealth of the already wealthy.

The zombie financial institutions and their government meddlers should crumble into bankruptcy court. The alternative is the stupid system we now have where nobody really knows what the value of anything is anymore.

E-man,

I guess you are a young person saying this, cause
it sounds very ignorant and immature. Do you think
everyone chooses to be poor or the success is
achieved alone?

For 1% to be rich, you need 99% to be poor. Do you
even know what that means? It is arrogance for rich
people to think that poor or success is by choice.
My sons are going to be rich regardless of their choice.

On the other hand, my parents were never rich,
thought they worked very hard. It was not their
choice to be poor. US Government gave me a
chance to go to college and become successful.
A poor student going through college was never
easy. I was LUCKY that I met people who recognize
my ability and potential. Some how I feel destined
to be where I am at right now.

Getting back to the actual topic, what I wanted to
say is that QE and lower tax should have
#1 increased the tax revenue and #2 created
jobs. It has not happened. We need to think
about doing something else.