At the YMCA last night, it took only about 20 seconds to cause the two people I was talking to to start frothing at the mouth.All I had to do is mention that Paulson's stock options are doing very well, and explain why.Once they realized that the "bailout" was of the companies that had made and traded in the loans, and not about the people with the loans at all, that was it. They were instantly converted.It would have taken much longer to get through why bailing out _anyone_ would be a bad thing, but at least the seeds of dissent were sown.
curthowlandOct 8, 2008
At the YMCA last night, it took only about 20 seconds to cause the two people I was talking to to start frothing at the mouth.All I had to do is mention that Paulson's stock options are doing very well, and explain why.Once they realized that the "bailout" was of the companies that had made and traded in the loans, and not about the people with the loans at all, that was it. They were instantly converted.It would have taken much longer to get through why bailing out _anyone_ would be a bad thing, but at least the seeds of dissent were sown.
thereisnostateOct 9, 2008
Point them toward the real culprits of this entire mess, the "Federal" Reserve artificially manipulating interest rates.