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The Economy Topics and information relating to the economy affecting SOS associates |
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#1
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In the mid-90's we had to fund the "Mexican bail out." Twenty billion dollars, I think. The line was that if we didn't bail out Mexico and pay their debts to Wall Street bankers, the whole world economy would come to an end and civilization would collapse, blah, blah, blah. Newt Gingrich helped push it through the House, Trent Lott helped in the Senate, and Bill Clinton signed the bill.
Rank and file Americans are hanging on by their fingernails, but our rulers always seem to find billions of dollars to bail out Wall Street bankers and third world tycoons. And don't forget earthquake victims in Haiti. |
#2
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Quote:
Pemex is mostly scrap iron by now, and my guess is that most of the money will be embezzled or otherwise looted. I believe it was Zedillo who boasted that Mexico was "reclaiming" the territorial claim forfeited to America in 1848 with every Mexican who comes here now.
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Freibier gab's gestern Hay burros en el maiz RAP IS TO MUSIC WHAT ETCH-A-SKETCH IS TO ART Don't drink and post. "A nickel will get you on the subway, but garlic will get you a seat." - Old New York Yiddish Saying "You can observe a lot just by watching." Yogi Berra Old journeyman commenting on young apprentices - "Think about it, these are their old days" SOMETIMES IT JUST DOESN'T MAKE SENSE. Never, ever, wear a bright colored shirt to a stand up comedy show. |
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