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Nov 11 16:32 pm
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All Comments by User 265729 »It's a Great Time to Be a Value Investor [View article]
But what did the U.S. Treasury Department and the Fed do with $3 TRILLION -- YOU GOT IT! $3 TRILLION DOLLARS:
www.bloomberg.com/apps...
How do you expect ANYONE to invest when the United States Government is going around and shilling-up companies with taxpayer money and then not telling us where the money is going?
Ho do you expect investors to have confidence in a sham like this?
Paulson and Pelosi are spending taxpayer $$$ without the presentation of soemthing that could be even called slightly a *business plan* just becuase they are GE, GM, AIG, etc.
How is this a good deal?
Are stocks over/under valued?
How would an investor know?
Is the company you are touting as so great getting secret loans from the Fed?
What about transparency of PUBLICLY TRADED companies?
Is the SEC helping hide financially unsound companies and shill stocks?
You want confidence?
How?
You would be a fool to invest a dime in this environment and this is exactly why the government is doing it for you! Nobody else will!
Soon, even the shilled-up companies will be penny stocks...