Applesauce
Pat Cunningham offers an unabashedly liberal perspective on national politics. A note of caution: The language gets a litttle salty on some of the sites to which this blog links. So, don’t say you weren’t warned. By the way, this blog’s name is inspired by the Will Rogers quote, “All politics is applesauce.”

Lehman Bros. reduced to selling its stock out of the trunk of some guy’s car; China might buy

September 12th, 2008 at 11:58am Pat Cunningham

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Let’s face it. By the end of the Bush presidency, China will have acquired everything in this country that other foreign investors haven’t already snatched up.

Today, it MIGHT BE be Lehman Bros. Tomorrow, who knows?

Lehman’s problem is that it’s caught up in the FINANCIAL MESS that Phil Gramm, John McCain’s economic guru, helped create.

Entry Filed under: Uncategorized

1 Comment Add your own

  • 1. swamprat  |  September 12th, 2008 at 8:24 pm

    Not even crickets on this. Dead silence. Everyone is watching American Idol today, while the pigmen are busy picking your pockets,while Bush and his minions look the other way. By the time the worst president in the history of the United States leaves office, he will have added a minimum of one trillion dollars to the national debt. Maybe more. And no one makes a comment here. This debt, over $10 trillion will have to be paid off by your children, grandchildren, and great-grandchildren. Or the US will just declare bankruptcy and all money will be declared worthless and we will start over from nothing. You can tell your descendants it’s because you sat on your butt and did nothing to stop it. And spent all your time begging for four more years of the same thing. We are on the abyss. And there is no place to hide your money. The pigmen are at the back door of your bank. What are you going to do?
    They have been giving $40 million to the CEO’s who ruin the company, and then ask the taxpayers to bail them out. I urge everyone to write letters to your government demanding an end to the bailouts and other criminal activity that is going on with your money. If you think it won’t happen get out your history book.

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