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View Diary: Billionaire Whining: Pete Peterson Writes, Says I Don't Understand Him (12 comments)

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  •  Wondering if anyone can make sense (2+ / 0-)
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    semiot, chipmo

    of a discussion I heard a year ? ago, possibly during the debt fight last summer. Probably in the car, listening to Hartmann and a guest explaining that we could have another financial crises when the debts the PE managers arranged start having balloon payments come due. Many of the companies that didn't collapse are not doing well and probably won't be able to make the payments without incurring more debt.

    Haven't heard anything like it since. I am guessing it was in the car because I have no notes and normally would jot down the guest/author name, book, pertinent info - haven't found anything. Probably do not have some essential facts right.

    I'm still trying to wrap my brain around Romney telling his base he might discontinue HUD. I know some of that is just a sort of dog whistle to assure them he will be after whatever can be dismantled, as much as possible. It's the 'say anything to get elected so you can help the rich raid the treasury' political speak, instead of serious, effective ideas that will promote the general welfare. When they lie about loving the Constitution and America, I wonder if we can still protect it from them.

    Thanks for spreading the light Tasani. Besides, haven't seen a Playboy in years, now I have an excuse ;)

    "People, even more than things, have to be restored, renewed, revived, reclaimed and redeemed; never throw out anyone. " Audrey Hepburn "A Beautiful Woman"

    by Ginny in CO on Wed Apr 18, 2012 at 07:46:44 PM PDT

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