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Trillions for Banks!!Just how long will our citizens, many of whom are down 30-40% in their savings due to banks, primarily, going to allow this administration to save their buddies on Wall Street at our expense? They always pull it off on Sunday--just as they did for CITYGROUP yesterday! That way we have 24 hours to absorb our screwing, and time to rally the financial market! Boy, did you see trillions donated to New Orleans, Houston, the 100,000 killed in the great Tsunami, even in the stalemate in Iraq and Afghanistan? REGULATION is needed on credit cards home loans, second mortgages, reverse mortgages, auto financing, and all those things that American humans will take advantage of since there is no risk. The business world, especially Wall Street types and bankers, who will plot and scheme day and night, to foul up greedy, simple people. Cut them off at the pass, we will survive without them! Do we really need, CDOs (collaterized debt obligations, or CDSs, (credit default swaps)? All are Ponzi or pyramid schemes and all will fail. Except for the initiators! Bonkers's blog | login to post comments |