devassocx

Welcome to the Age of Bountiful Crude Oil - It Should Last About a Month

To attribute intelligence to those that spend taxpayer $ is a
big mistake!!!


On Apr 23 11:27 PM optionsgirl wrote:

> You'd think our own government would be stockpiling reserves while
> they can do so at these prices. Now, wouldn't that be an intelligent
> way to spend taxpayer $?

Three Reasons Why Investors Should Worry About Bank Nationalization

Totally agree with you.

There are something like 8000 banks in the U.S. so a few hundred, including the 'too big to fail' ones are closed. So what?

Yes, the stockholders are wiped out and creditors are pretty much stiffed.
certainly that group of people will suffer but I think that is a small price to pay for cleaning the environment.

Just why are these banks 'too big to fail'? Is it because they have powerful
friends in the government?

The 'good' banks would benefit from this, gaining depositors and increasing
business, as capitalism intended.

I sure don't like the way the government is handling all this with my,
my children's and my grandchildren's assets.



On Mar 01 12:58 PM JohnL wrote:

> The guys in Washington, who receive most of their campaign support
> from large corporate interests, are picking winners and losers. This
> is a violation of property rights. Even if you don't have ownership
> in one of the non-favored banks, as a citizen you should be outraged
> that this is happening in America.