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Re: state splitting*/re: education

By: Cactus Flower in ALEA | Recommend this post (0)
Wed, 17 Jul 13 8:29 PM | 24 view(s)
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Msg. 14114 of 54959
(This msg. is a reply to 14113 by faul)

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hi doma,

i think one can argue that the damage to main street was limited by the fed stepping in to rescue the banks.

but the primary beneficiary was wall street which was basically rebuilt by the fed's actions.

and yes, food stamps helped many businesses survive.

but it is absurd to analogise food stamps with caviar. are you the sort of person that gives a starving person mouldy bread and then says "count yourself lucky i'm so generous?"

you'd expect the cost of food stamps to increase during a jobs crisis.

not sure why you call bb my hero. broadly, he did well. his analysis was good where yours was abject. but this desn't mean i have to agree with everything he has to say. when he speaks to politicians, he has to talk their talk.


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The above is a reply to the following message:
Re: state splitting*/re: education
By: faul
in ALEA
Wed, 17 Jul 13 8:07 PM
Msg. 14113 of 54959

Hi Alea.....your hero BB disagrees Smile

"Based on the following quotes just uttered by the Chairman...

BERNANKE: WALL STREET HASN'T BENEFITED MORE THAN MAIN STREET
BERNANKE SAYS FED `VERY FOCUSED' ON MAIN STREET"


Clearly main street is eating the same caviar
as wall street then........1984 by chairman Ben.

It just different caviar for main street called
foodstamps.....up almost 80% since the crisis
began.....


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