If the Ivies had been invested in GM stock, would it have been "bailed out" free and clear without having to go through bankruptcy and wiping out its previous shareholders?
Being inequitable and even unfair is workable as long as the "system" is functioning to create prosperity for ordinary citizens.
But the "system" is failing. We are at +25% un- and underemployed. How bad do things have to get?
-- Edited by BigG on Monday 31st of January 2011 07:53:55 AM
-- Edited by BigG on Monday 31st of January 2011 07:54:33 AM
-- Edited by BigG on Monday 31st of January 2011 07:56:00 AM