Originally Posted by
Joemerchant
Here was his reaction:
YouTube - Rick Santelli ****ed off about the bailout
He wasn't happy about those either...notice what the indecises were during that clip...those bailouts didn't work either...
Let people and organizations who made bad decisions suffer the consequences of their decisions....The govt. putting more money on the credit card isn't going to fix things at this point....
Joe,
Thanks for posting that. My take on it is that Santelli was not happy about bailing out the banks, but at several points he said something had to be done -- just not as quickly as everyone wanted to.
I think the bottom line is is that inevitability has already passed us by and China owns us. We probably passed the point of no return 3-4 years ago, but missed the memo. We can see it in our shift in foreign policy and human rights.
In my opinion, the only chance we really have is for the U.S. to find something to build that no one else in the world can and build it exclusively. Otherwise its learn one of the two versions of Chineese, if not both.
Man Zou!
New K Now