Gedankonomist

Why the U.S. Prefers Quasi-Nationalization of Big Banks

By "quasi-nationalization" I'm assuming you mean it in the same way as when Germany "quasi-nationalized" IG Farben and Volkswagen back in the 1930's. Fascism. This is what this country has come to.

Valuing Citi, JP Morgan: What's in the Piggy Banks?

Nothing but IOU's in that piggy bank.

Banks And Consumers Say No to More Debt

If government were it's proper Constitutional size, it would be 10% it's current size. Can you imagine the buzzing activity that would result if government took a hike and stopped using your tax money to create problems?

Remember the movie "Beetlejuice?" The government is like Beetlejuice. Beetlejuice will tell you he has the solution to your problem, but all he does is create bigger problems. Like the old woman said, "you don't want his help!" At what point will people begin to realize this?

TARP Has Lost 40% Since Inception

Better the Federal government throw your tax money into a hole than finance things that are destructive to this country.

For example remember all the race riots back in the 1960's? Funny how they all got started shortly after Lyndon Johnson's so-called "Great Society" program. That "program" was financed with your tax money. Much of that money went to organized groups who ignited those fires.

Some Bank Behemoths Now Sub-Single Digit Midgets

"“The government has assumed almost all of the pain for itself thinking it will bring reassurance to the market."

The government did not assume the pain. You and I are the ones bending over.

I'm amazed how these academics are. They get paid 6-figure salaries at "prestigious" academic institutions, and yet they seem to know nothing.

I wonder how long it will be before enough parents realize that they can get their kids an equally good left-wing brainwashing from a school in the Caribbean, for a fraction of the price.

Then do you suppose these nit-wits will understand that perhaps NAFTA is not such a good idea? When they are subjected to the same "outsourcing" and "globalization" as the rest of us?

How Are Banks Spending Bailout Money? Anyone's Guess

Didn't Meyer Rothschild once say, "Allow me control over a nation's money supply and I care not who writes it's laws?"

This is the shadow government that Dan Smoot, Robert Welch and others have been warning you about for decades. They run the show, not the gang in the District of Criminals, and certainly not the zombies who wander into the polling booths every first Tuesday of November.

What Do We Need In 2009? More Failure

As long as the FED is continaully able to print money as it pleases, you will have bailouts to politically-connected cronies.

You say AIG was making risky loans and it "lost." No it didn't, AIG got it's bailout, so it "won." I bet that the CEO's of that company took that into account when it made it's "risky" loans.

AIG is a corporate member of the Council on Foreign Relations (CFR). The CFR has 3000 indicidual members, and 800 of these are in government. The rest are in academia, the banking sector or on corporate boards, with very few exceptions.