[quote=Allan from Fallbrook]
And, I’m sorry, but the credit market remains pretty much a wreck, and on a world-wide basis. That’s the gravest danger we face right now, and where the strongest lessons of the Great Depression remain.[/quote]
50% of Americans are one or two missed paychecks away from financial ruin:
A MetLife study released last week found that 50% of Americans said they have only a one-month cushion — roughly two paychecks — or less before they would be unable to fully meet their financial obligations if they were to lose their jobs. More disturbing is that 28% said they could not make ends meet for longer than two weeks without their jobs.
Under these conditions, the credit market should be frozen because most Americans are an atrocious credit risk. If you are so worried about the credit market, how about you loan some of your personal funds to these people? Instead, like most liberals, you want to use my tax money and loan it to these imbeciles.
You and Barney Frank would make a great couple as you both share the same philosophies.
