What none of the experts let the investors know was that somewhere along the path, AIG stopped being rock-solid. Before Mildred knew it, the government had bought AIG and wiped out the stockholders. Fear--Franklin D. Roosevelt's nameless, unreasoning, unjustified terror--is also at work here. In sum, the less that is bought, the lower the demand for goods and services and the only thing that goes up on graphs is unemployment |
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At www.thenation.com
Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.