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Jan 22 05:07 am
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All Comments by Kinja Rules »Contemplating the Demise of Bank of America, Citi and JPMorgan [View article]
Why do banks always fail when a Bush is in Office ?
B/C Kinja Rules...Check it out~Jimmy Buffett
Thriving in this Economy less than Hopeful for these & many others. The way out, from everything I've read is an Experiment @ best. So, we wait. If you have no understand of what is going on, wait until you do. This has been my motto for many yrs. Opportunity lost is little against Capital lost for good. People are rather tired of losing, on Bank Stk's or other. This sentiment is rising Fast in the 60+ crowd as far as I can see.
So, where does the Fresh Capital come from; other than the Govt? It is really questionable if the Experiment will work from the FED. I read a Great News Letter that answered Questions I've been asking for months.
Maudlin's Front Line. There was a Guest Writer, who backed it all up by chart, time & econ theory over 125 yrs. Well, it made sense to me. I don't agree completely w/the final conclusion, but do feel that Hard Assets are of Value @ a Discount...Capital Preservation. Seems a Prudent Call today. Mine anyway.