Why Bank Nationalization Will Never Happen [View article]
You made a lot of unspported statements, among them that the banks themselves hold huge positions in other insolvent banks. You did not provide a scintilla of data to support those statements. No one has audited what the insolvent banks hold and so how do you know? I am sure you are praying it doesn't happen because if you hold bank equity positions you are in the deep manure and if your bond holdings are wiped out, so are you. I understand your fears but you are asking us the taxpayer to pay for your risky choices. Get ready to take your medicine. But don't despair and think your life is over. It was just money.
Where's the Nationalization Debate? [View article]
Nationalization is the one option that stands to benefit the People and the business community, to reduce government borrowing and to preserve the dollar. The banks have betrayed the trust not only of their depositors but of the entire world. The banks virtually control the political system. The current administration resembles the past one with advisers from only the banking sector. Their agenda is obvious. If the Dems are indentified with bank bailouts, their majority could be short lived.
Stocks That May Take a Hit When (If) Oil Hits $150 [View article]
A rather curious group. Any company with cheap energy at the core of its business model will be at risk as the price of energy climbs. DUH. Some companies will survive by changing their model. A lot wont or can't. How about a new list when oil hits $250.
U.S. Gets Some Citi: The Rise of Hazardization [View article]
Why Bank Nationalization Will Never Happen [View article]
Where's the Nationalization Debate? [View article]
Stocks That May Take a Hit When (If) Oil Hits $150 [View article]