Gross: Bush needs to rescue homeowners

[Wes Tausend]

Originally Posted by J. T. Toad

http://www.lewrockwell.com/dilorenzo/dilorenzo125.html

Thanks J.T.

Well that would make sense that something weird like this is at play. On the other hand, the author (Thomas J. DiLorenzo) of "The Government-Created Subprime Mortgage Meltdown" come across as a pretty far out guy even for a Libertarian. Check out his book link to "Lincoln Unmasked: What You're Not Supposed to Know About Dishonest Abe".

I'm getting kind of sick of both the major political parties in this country. But other levelheaded candidate pickin's are pretty slim. It seems like nobody's taking care of the middleclass anymore, at any rate.

It's still my assertion that the working middleclass will bear the burden for all this in the end. We always do.

Nobody else actually generates GNP or any real wealth to pay for whoever is left holding the bag of money here. And when one segment loses, there is always a bag... of where the money went somewhere.

Hard to follow sometimes, but nobody makes a true profit without somebody elses loss. In a way, all modern investment schemes appear to be pyramid schemes. Profit begets profit until the whole thing falls like a game of musical chairs.

I know this probably doesn't make sense to anybody, but I feel better having said it if nothing else.


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