Judy, Here's an article below by Jim Jubak on the 700 billion bailout. He writes a regular column for MSN Money. This level of finance is over my head, so I can't make a judgement, but I think he makes some interesting arguments. I think maybe, that as we are changing from an old kali yuga age to a new age of sat yuga this may be a shake up, a cleansing, a purification that is happening, a wake up call. Suzi Orman says that how we handle our money reflects where we are spiritualy. I think this is true for individuals, households, and nations. She says people first, money second, and things third. I agree.
http://tiny.cc/dsWhh --- In FairfieldLife@yahoogroups.com, "authfriend" <[EMAIL PROTECTED]> wrote: > > --- In FairfieldLife@yahoogroups.com, "Nelson" <nelsonriddle2001@> > wrote: > > > > --- In FairfieldLife@yahoogroups.com, "authfriend" <jstein@> wrote: > <snip> > > ++ Did you see the Jon Stewart comparison between the Iraq > > war and the bailout? Looked like the same boogeyman BS. > > I didn't watch it, but any such comparison is BS, > and Stewart should be ashamed of himself for > furthering it, IMHO. Moore too. > > > The bailout looks like another part of an ongoing program that > > has been going on for a long time. N. > > I'll grant you it *does* "look like" that, but looks > can be deceptive, especially to nonexperts. > > One of the major differences is that there were very > few experts on Iraq back in 2002-2003, so we had to > take BushCo's word for it on the basis for the war. > > But there are a whole lot of experts on the > financial markets today. I don't know if anybody has > taken a poll of these experts, but there sure are a > lot of them who are insisting that the bailout must > be passed. > > Another difference is that those who were against > the Iraq war were almost frozen out of media > coverage, whereas this time around, there's at > least equal coverage of those for and against the > bailout, so the public can't help but hear the > negative case, which reinforces their own > preconceptions. > > And yet another difference is that we had just gone > through a catastrophe at the time the Iraq War was > being engineered, and people were scared and angry, > ready to believe whatever the administration told > them to avert an even bigger one. > > This time, while the run-up to the catastrophe has > been evident for some time, it's been in slow motion, > and a lot of it has been behind the scenes. Just as > most ordinary people had no reason to expect 9/11, > most ordinary people today don't see any reason to > expect a sudden and catastrophic financial meltdown. > > One of the most telling points, it seems to me, is > that it was the Republicans in Congress who were most > vehemently in favor of the Iraq War. Today, it's the > Republicans in Congress who are most vehemently > opposed to the bailout, while most Democrats are > supporting it (albeit reluctantly). > > In other words, the apparent similarities between > the Iraq War and the bailout are just that, apparent, > and only superficial. When you look deeper, they're > very different situations. >
