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OT - Can we afford to fix the banks?
"So far, Treasury has invested more than $162 billion in 207 banks. The
department set aside $250 billion from the bailout fund to be used for direct investments in banks." If I keep handing you piles of money to pay for your stupidity, do you have any incentive to fix the problem? The bankers have learned from the doctors. We can't afford to find cure for vastly profitable diseases, either.... Who will save your grandchildren?? |
OT - Can we afford to fix the banks?
Larry wrote in news:Xns9B83E75D8B5EEnoonehomecom@
74.209.131.13: "So far, Treasury has invested more than $162 billion in 207 banks. The department set aside $250 billion from the bailout fund to be used for direct investments in banks." http://biz.yahoo.com/ap/081229/gmac_financing.html Now the corporation finance companies want to become banks so THEY can be part of the handout! |
OT - Can we afford to fix the banks?
"Larry" wrote in message ... Larry wrote in news:Xns9B83E75D8B5EEnoonehomecom@ 74.209.131.13: "So far, Treasury has invested more than $162 billion in 207 banks. The department set aside $250 billion from the bailout fund to be used for direct investments in banks." http://biz.yahoo.com/ap/081229/gmac_financing.html Now the corporation finance companies want to become banks so THEY can be part of the handout! We could fire the Federal Reserve and return to lawful public money, but I don't see that happening anytime soon. And no matter what they do, the taxpayers will take it in the shorts while the ultra-rich stay that way. |
OT - Can we afford to fix the banks?
"Larry" wrote in message
... "So far, Treasury has invested more than $162 billion in 207 banks. The department set aside $250 billion from the bailout fund to be used for direct investments in banks." If I keep handing you piles of money to pay for your stupidity, do you have any incentive to fix the problem? The bankers have learned from the doctors. We can't afford to find cure for vastly profitable diseases, either.... Who will save your grandchildren?? Who gives a rat's ass about my grandchildren?! They can fend for themselves! LOL -- "j" ganz @@ www.sailnow.com |
OT - Can we afford to fix the banks?
Capt. JG wrote:
"Larry" wrote in message ... "So far, Treasury has invested more than $162 billion in 207 banks. The department set aside $250 billion from the bailout fund to be used for direct investments in banks." If I keep handing you piles of money to pay for your stupidity, do you have any incentive to fix the problem? The bankers have learned from the doctors. We can't afford to find cure for vastly profitable diseases, either.... Who will save your grandchildren?? Who gives a rat's ass about my grandchildren?! They can fend for themselves! LOL Somebody had to cover all of the bad loans made to people who were high credit risk that were forced on banks by the clinton administration. The fact that this was going to happen was obvious when the bank was forced to finance the buyer of our house in 2000 who had an 86% debit ratio and no obvious means of support. |
OT - Can we afford to fix the banks?
"Keith nuttle" wrote in message
... Capt. JG wrote: "Larry" wrote in message ... "So far, Treasury has invested more than $162 billion in 207 banks. The department set aside $250 billion from the bailout fund to be used for direct investments in banks." If I keep handing you piles of money to pay for your stupidity, do you have any incentive to fix the problem? The bankers have learned from the doctors. We can't afford to find cure for vastly profitable diseases, either.... Who will save your grandchildren?? Who gives a rat's ass about my grandchildren?! They can fend for themselves! LOL Somebody had to cover all of the bad loans made to people who were high credit risk that were forced on banks by the clinton administration. The fact that this was going to happen was obvious when the bank was forced to finance the buyer of our house in 2000 who had an 86% debit ratio and no obvious means of support. Ah... I get it! It's Monica's fault. Bill got distracted and forced the banks to make bad loans. Did you read this above a urninal... -- "j" ganz @@ www.sailnow.com |
OT - Can we afford to fix the banks?
On Dec 29, 7:44*pm, Larry wrote:
"So far, Treasury has invested more than $162 billion in 207 banks. The department set aside $250 billion from the bailout fund to be used for direct investments in banks." I say the more money invested in fishing grounds the better. Cod were once flew on colonies flags and money. Of course we should invest in banks Especially Grand Bank. If I keep handing you piles of money to pay for your stupidity, do you have any incentive to fix the problem? * How true ! The commercail fishers and seafood buyers and processors all screamed, let us catch more fish and politically forced NOAA-NMFS to alow continued harvest proven beond commercial sustainablity of target species. Who will save your grandchildren?? I agree ! The contined abuse of our banks will leave all our children with out cod, scallops, oysters, halibut, sabasties, and all the flats. Once you could eat cod fishsticks then they were made of pollock, then hake (pacific whitting) now..... mystry fish. Ugg. ALl those mackeral snapping Catholics must be living in greef every Friday! SAVE OUR BANKS ! Bob |
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