Friday, March 06, 2009

Food for Thought 2

- The bailouts for capitalism continue – Chrysler needs another $5 billion and promises to cut 3 000 jobs, while GM is looking for another $30 billion while implementing a survival plan that includes cutting 47 000 jobs and closing 5 more plants. So we rescue them in order to ensure our jobs disappear. Sounds like a good deal for somebody.- CNN reported that since the bailouts began in late 2007, the total has reached $10.8 trillion, exactly equal to the US national debt.-

An Oprah show focused on home foreclosures, showing how those who lost their houses, had to leave everything behind and wander the streets, living in tent cities. The banks hire crews to clear the houses entirely, throwing everything into a dumpster, most of which is in good condition. So we have thousands of homeless people in tents and thousands of empty homes waiting for tenants. Could anything be crazier!
John Ayers

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