Do you have any idea how many people starved to death in the 30’s?
Do you have any idea how much worse it would be now? You’d have cities filled with millions of people with nowhere to turn, no way to get by without a paycheck, or something of value to convert to food.
It would be 100’s of times worse than the 30’s, and probably very bloody.
“It would be 100’s of times worse than the 30’s, and probably very bloody.”
Based on what evidence again? Just a “feeling”...?
My 80-year-old parents went through the Great Depression.
Dad recently lost $150,000 when IndyMac collapsed.
This is real, and it’s going to affect millions of people if it isn’t dealt with immediately.
A lot of the people demanding that we not bail out the banks are already rich enough that it won’t affect them personally. They remind me of millionaire actors espousing communism, when they themselves will never be impacted by it.
Why should my elderly parents and I be out on the street just to preserve some wealthy conservatives’ ideological purity?
I doubt it. Technology and social safety net is much stronger now. Plus, Americans like a good challenge. Look what happens every time a major hurricane hits the US. Government drops the ball and the people pick up and get on with their lives.