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Anyone else listen to Thom Hartman today?....I think he nailed it when....

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yourout Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 10:38 PM
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Anyone else listen to Thom Hartman today?....I think he nailed it when....
he said the bailout will likely not work and it's only goal is to delay things 6 weeks.

He also pointed out Hoover tried much the same thing that is being proposed and it failed. The Japanese also tried it and it failed.

Putting people to work is the only way to restart the economy.

Bubble up......not trickle down.
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seemslikeadream Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 10:40 PM
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1. yep
Edited on Tue Sep-23-08 10:41 PM by seemslikeadream
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Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 10:43 PM
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2. Either create jobs or raise the minimum wage
I listened to Ravi Bakhtar on Thom's show last week.

And he said that the minimum wage needed to be raised to at least $10/hour in order to avert total disaster without a bailout.

Taking money out of people's hands is what precipitated this situation.
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Vincardog Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 11:00 PM
Response to Reply #2
3. Ding Ding Ding
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