dontjudgeme: blog 
dontjudgeme's blog
food for thought
Published Sep 25, 2008Views: 183
Try to digest this along with your lunch....
If welfare destroyed black America, how can welfare save Wall Street and fix America's economy? I thought we all agreed that welfare was terrible.
http://msn.foxsports.com/nfl/story/8606014/10-truths:-A-turnaround-in-Detroit?
Filed under: Volunteering
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Welfare gives taxpayer funds to people who refuse to provide for themselves and give nothing in return!
GOLO member since October 9, 2007
September 25, 2008 1:27 p.m.
LOL
xoxoxo
September 25, 2008 1:31 p.m.
GOLO member since January 3, 2008
September 25, 2008 1:31 p.m.
GOLO member since October 5, 2007
September 25, 2008 1:31 p.m.
Give a man fish and he eats for a day - teach a man to fish and he eats for a lifetime
GOLO member since October 5, 2007
September 25, 2008 1:33 p.m.
If the assets were definitely going to appreciate and be sold at a profit, why wouldn't the private companies be hanging on to them?
The truth is some of these investments will be sold for a profit, but a large percentage will not - that's the whole reason Wall St wants to unload this garbage before it kills them. No one knows what kind of return we'll expect - conservative estimates I've read are 60 cents on the dollar. In other words, you and I are still out $280 billion. Even if the investments break even (really, really unlikely), we're losing anyway in the form of interest payments and opportunity cost.
GOLO member since November 15, 2007
September 25, 2008 1:33 p.m.
September 25, 2008 1:33 p.m.
GOLO member since October 5, 2007
September 25, 2008 1:34 p.m.
With an indept study of the financial foundations of both, the differences become clear.
God bless.
Rev. RB
GOLO member since July 2, 2007
September 25, 2008 1:34 p.m.
I will take your word on that.....
GOLO member since October 5, 2007
September 25, 2008 1:35 p.m.
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