On Sun, 20 Apr 2008 14:34:50 -0700 (PDT), Gregory Morrow
> wrote:

>> So where is that US$30 billion bailout going to from the Federal
>> Reserve? *Which poor people? *None.
>
>
>Some of that bailout is helping to support pension funds for working
>folks, e.g. policemen, firefighters, school teachers, nurses, etc...
>
>And I heard that IIRC on NPR, not Fox Snooze or the Drudge site...

The money is going where ELECTED people have decided to send it.
Right or wrong that what happens. I normally like Dan's posts but he
threw "poor people" in here and I never said that. If I had said or
implied a term, I would have used lazy. Lazy people can vote too and
if a blabber-mouth politician promises to give them everything they
need they'll vote for that "person."

"I want, I want, I want, and I and YOU to give it to me."

Unfortunately the "you" in that phrase has been ME for my entire
working life. I'm sick and tired of working 4 months a year to pay
taxes so lazy scumbags can collect food stamps and welfare for life,
and now are looking forward to free healthcare. Adding to the income
taxes, I pay abut 1,200 a year for the school part of the taxes just
for our cottage. Meanwhile the children of the fence hoppers are
getting an education on my dime. I don't want to even talk about my
Chicago tax bill.

What makes me really sick is we make too much money for our kids to
get college assistance. Sorry, but that's bullshit. Penalizing
someone who works hard, has some drive, and makes good decisions is
pretty ****ed up. But not as bad as rewarding laziness.

> *It's all going to the rich who
>> partially caused the problem by thinking that prices would go up forever
>> and it wasn't their responsibility to make sure the mortgages they were
>> buying were sound.
>
>
>"The rich" pay C - A - S - H, Dan...

I'm not sure if that's always the case Greg. I'm certainly not rich,
but paid cash for our last home purchase. Living within your means
has an advantage. Living without paying interest is even better.

Lou