Comments on: Inflation Fears, Sputtering Wages http://blogs.reuters.com/macroscope/2009/11/03/inflation-fears-sputtering-wages/ Shining a light on the dismal science Wed, 16 Nov 2016 01:39:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Benny Acosta http://blogs.reuters.com/macroscope/2009/11/03/inflation-fears-sputtering-wages/comment-page-1/#comment-1309 Wed, 04 Nov 2009 13:07:14 +0000 http://blogs.reuters.com/macroscope/?p=2449#comment-1309 Nothing they do will work. They should have taken care of the people and let the banks suffer the consequences of their actions.Stimulus was supposed to have been applied for the citizen. We citizens got one round of stimulus checks. When the banking industry saw that we were focused paying our debts, the banks argued that they would loose profitability due to lack of “securitization”.So the idea was that if we citizens pay down our debt then it would be bad fro them because they would loos profit. Our representatives felt it was more important to “stabilize” the business/banking sector than to ensure that the citizenry was protected from the fallout of this stupid path.Our citizens are treated like cattle to be bought and sold by merchants who grease the palms of our leaders. When whole families are going homeless, sick, and hungry, the government is busy kissing AIG, BOA, and Goldman’s Sachs collective ass.We are not animals and we should not be content to live as such.

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