dhammer_911's picture

You are ignorant

You are ignorant. What else can I say. The world's full of people like you, and I have grown accustomed to that.
But this case is unique in that the collective ignorance of you and all the other 98 of you (apparently) is going to destroy our country's economy if not the world. How uneducated can you be? Why wouldn't you take the time to get even a little informed?
You are about to get a dirty lesson in trickle down economics. If the pressure of market caps on publicly traded businesses forces them to seek liquidity, and the sources of credit (i.e. the financial markets) have dried up, the whole system will fail. That means rich and poor alike, but the rich have enough T-bills to weather the storm. What are the rest of us going to do?
This is not the lesson about which I am talking. This lesson is banks like Wachovia and Washington Mutual failing. It is Caterpillar borrowing at five times the prime rate. It is Goodyear unable to get a loan to cover its payroll. This is only the beginning.
I wonder what you will say when idiots like you begin feeling the real effects. This is not a class war. It is an effort to mitigate the greed of a few and the ignorace of many.


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