wrote in message
...
On Oct 3, 12:33 pm, wrote:

Looks like they are going to pass a bill without protecting the US
taxpayer from China and others pawning their own bad loans on US
banks.. They should all be thrown out...

Well, we just got sold out to China..

True.

Last I checked the Chinese government had $1.5 trillion USD on deposit.

They really needed to let the banks go down, then bail out depositors but
not creditors. And the share/bond/directors/executives holders left with
zero.

I say depositors, as your money in a currency is only as good as it is
backed and not diluted. I have a gut suspicion this plan of theirs is not
going to work or have a mean back bite. The markets were not impressed. I
am not. Just more taxes, inflation and **** poor interest rates.

Stupid Canadian government is doing it too.