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  • John Paulson Buying Citigroup Shares? [View article]
    Together with WallStreet barons, John Paulson's hedge fund is one of America oligarchs running the US government.

    If there is a strong inflation, many Americans will not be able to afford food on a table due to the same inflation.

    Consequently, these people still will not pay their mortgages. As for banks, they will need to find buyers for these foreclosed houses making real-estate appreciation very questionable.
    Aug 28 14:32 pm |Rating: +2 -1 |Link to Comment
  • Break Up the Big Banks [View article]
    The lifeblood of a free-market system is honest, fair, and free competition.

    Monopolies do not have and/or allow any competition. This is why it is so vital to enforce anti-monopoly rules and laws.

    This is why it is so important to free American economy from Wall-Street monopolistic strangleholds on our economy and our political life.

    As for Obama, he is just a fraud, a mobster and a liar.

    PS
    The only great thing Obama has done so far is to kill UAW union. With a new arrangement prohibiting strikes, the union became just an empty shell. As for Chrysler and GM, spending/wasting 2-3 hundred billions dollars, they will disappear for good.
    Jun 01 23:45 pm |Rating: +1 0 |Link to Comment
  • U.S. Bank Shares: Pump Almost Over, Get Ready for the Dump [View article]
    Just a few comments:
    1. It is important to differentiate the Wall-Street "investment" banks from "regular" commercial banks.
    -- The Wall-Street banks do NOT create any value for anybody except for their executives. Their activities were/are highly detrimental and toxic to US economy and political environments.
    -- At the same time, "regular" commercial banks do place an important and beneficial role the economy.

    2. Getting from under a "TARP umbrella" will indeed open more room for banks executives to raise their compensations. It is true. But, at the same time, it will allow commercial banks to operate with less government interference in their decision making process.

    3. Finally, banks executives understand very well that the present euphoria about soon to be improve economy is just BS. The future course of US and world economy is highly unpredictable. Therefore, the presently available opportunity to raise cash should not be missed.
    May 12 12:46 pm |Rating: +5 -1 |Link to Comment
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