financial institutions
The other day the mail brought an advertisement for something I desperately need (or so the ad suggested). If I ordered it right now, the ad said, I would save a hefty percentage off the usual price. In vain I searched the flyer for the price. None was listed -- not the total, not my monthly payment. I was apparently supposed to place my faith in the kindly marketers and order it anyway.
I guess I should be used to this sort of marketing. After all, that's how our federal government does business. Shall we a. fight a war in Iraq? b. add a war in Afghanistan? c. subsidize medical care for seniors and the poor? d. rescue failed financial institutions? e. subsidize growers of corn and soybeans? or f. fund interstate highways?
We're off and running. I am headed for the airport to go to Detroit for the first leg in our book tour for Rediscovering Values: On Wall Street, Main Street, and Your Street-A Moral Compass for the New Economy.
Joe Biden admitted last night on The Daily Show that the billions of dollars we've spent on big bank bailouts is "socialism for the rich, and capitalism for the poor." No kidding. There's been much consternation related to the bailout of Wall Street. And even though ...