Stupid Chinese bought our mortgage-back securities by the boatload, thinking they'd be paid back. Oh well---they wanted our factories, so I guess that was the quid pro quo. Consider yourself already paid back, China. That paper you're holding isn't worth shit: ***************************************************************************************************** ---------------
http://www.iht.com/articles/2008/07/20/business/20fail.php International Herald Tribune Is America too big to fail? By Peter S. Goodman Sunday, July 20, 2008 NEW YORK: In the narrative that has governed American commercial life for the last quarter-century, saving companies from their own mistakes was not supposed to be part of the government's job description. Economic policymakers
On Mon, 24 Mar 2008 16:30:30 GMT, Cory Bhreckan <coryvreckan@NO_SPAM.verizon.net> wrote: James Hogg wrote: On Mon, 24 Mar 2008 15:35:19 GMT, Cory Bhreckan <coryvreckan@NO_SPAM.verizon.net> wrote: James Hogg wrote: Paulus Diaconus (c. 720-799) is probably best known as the historian of the Lombards, but this Benedictine monk also wrote poetry, including a Hymn
On Mon, 24 Mar 2008 15:35:19 GMT, Cory Bhreckan <coryvreckan@NO_SPAM.verizon.net> wrote: James Hogg wrote: Paulus Diaconus (c. 720-799) is probably best known as the historian of the Lombards, but this Benedictine monk also wrote poetry, including a Hymn to St. John which contained the following verse: Ut queant laxis resona-re fibris Mira gestorum famuli tuorum
