On Thu, 29 Jan 2009 15:02:40 -0500, "Eisboch" wrote:
"thunder" wrote in message
et...
Sub-prime loans are, or more to the point, derivatives of sub-prime
loans. The heart of this economic collapse was greedy, incompetent
businessmen. When Lehman Brothers leveraged themselves over 33 to 1,
thinks get a little dicey when things go south. Compound that with a
herd mentality, and you get where we are. The government didn't do this,
but, hopefully, the government can get us out of this.
Not going to be easy.
http://news.yahoo.com/s/afp/20090129...20090129173404
Eisboch
Did I miss something? I've read that the percent of the bill going to
infrastructure is in the 5% range, yet the article above says this:
"The bulk of the bill's spending is aimed at bringing aging infrastructure
into the 21st century to preserve and improve the country's long-term
competitiveness in the global economy, creating millions of jobs in the
process."
--
John H
For a great time, go here first...
http://tinyurl.com/d3vxvm
* Definition of a teenager?
God's punishment...for enjoying sex. *