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House passes bill taxing AIG and other bonuses
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[QUOTE]Originally posted by glassman: [QB] [b]even during the worst depression, "all" of us will not be in bread lines. During the great depression, unemployment only reached 25%. Of course, they didn't have a base unemployment rate of 15% to 20% - people that are too lazy to work and living on government handouts. When you add that to our current government provided unemployment numbers, the true unemployment is probably already 25% today. [/b] you have no idea how the modern "just in time" economy works. everything wholesale is on margin, groceries, cars, houses. your whole rentla business is on margin, and every bank is at risk if AIG were not bailed out. every single one. and don't tell me your bankers assured you that they are fine, so did every other banker that failed until the minute they did. :b: .. you cannot eat cash. why do you think i've begun a serious garden? i have the land to do so... in the 30's? country folk fed the nation out of their gardens. do you have any idea who feeds the nation now? i do.. and they use credit cards to buy a million dollars worth of seed and fertiliser evey year. ;) [/QB][/QUOTE]
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