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Acharmlessman

Listed below are comments made by Acharmlessman between Thursday, 18th December 2008 and Friday, 23rd January 2009.

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The writing on the wall 11:58am on 23 Jan 2009 Utter nonsense.

There were many economists who predicted the collapse we are now experiencing back in 2007 and earlier.

The problem is nobody listened to them.

The government, the regulators, the media, the bank executives not to mention the general public simply do not understand the basic principles of economics.
2009 is payback year 09:45am on 18 Dec 2008 The problem we are going to face, as taxpayers, is our money (in the form of bailouts) is going to insolvent, failing companies who make products people don't want and can't afford.

It is money down the drain creating jobs for the sake of jobs.

Why punish sound businesses and reward incompetenly run ones?

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