| Sexual Harassment Panda |
05-25-2006 12:45 PM |
But The Economy is Still Bad
Quote:
Originally posted by Hank Chinaski
keep in mind that this is all without support from Clinton's contrived tech bubble.
For debate: Clinton's creation of a false economy through the tech bubble cost middle class investors far more of their savings than anything done by Skilling and Lay.
|
I have too little knowledge to engage. Perhaps I'll leave it to the good folks who used to work at Enron, the rank and file employees who had to fill their 401(k)s up with Enron stock, then were frozen out of their accounts and couldn't sell until the stock was worth next to nothing*, to discuss it with you.
Here's a better one - Hillary's torture and murder of Vince Foster scared so many middle class investors that they couldn't pay attention and missed all the signs that they should sell out of the bubble, and that cost them far more of their savings than high gas prices, the falling dollar, or tax cuts for the wealthiest 1% of Americans coupled with rising health care costs.
*It goes without saying that Lay and Skilling were exempted from this and could therefore dump their stock holdings while it was still worth something. If you don't believe me, rent "The Smartest Guys in the Room". I can't wait til those guys are prison rec yard love dolls.
|