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View Diary: William Black - The Real Reason Our Nation Will Not Recover (35 comments)

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  •  And who created that 'system' in which we lived (5+ / 0-)

    by all those years Rich?  Just curious to know that...

    We should have precisely the level of prosperity that corresponds to our ability to pay for it with real assets, within which I'd include credit of the trustworthy sort.

    Our ability to pay for it with 'real assets' means, we must have a job...correct?  Isn't that a basic premise?

    And if we are going to include the idea of 'credit trustworthiness' don't you think that our financial institutions, should be the first to be 'trustworthy' so that when we do business with them, we aren't screwed to the wall?

    You can't have one without the other Rich, it just doesn't work that way.

    The Civil Rights Movement boycott of buses lasted 361 days, it only takes one brave American to begin a movement.

    by Badabing on Fri Aug 13, 2010 at 12:34:11 PM PDT

    [ Parent ]

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