Do you trust Uncle Sam (and Geithner) to potentially own your bank?http://www.financialweek.com/apps/pbcs.dll/article?AID=/20090116/REG/901169989/1036 (Reuters)—"The U.S. government’s latest bank rescue, this time a multi-billion dollar lifeline handed to Bank of America, has led to more talk of what once would have been unthinkable—European-style nationalization of major... |
Hell no!!!
Enough said.
All I'm saying is, if I have to pay for the banks with my tax-dollars, shouldn't I get to own a piece through my government? I want to be able to fire the jerk-off that thinks he deserves a multimillion bonus for bankrupting my company.
The banks don't seem to be doing too well on their own. Our tax money is already helping to keep them going. As long as the deposits are safe, what difference would it make.
The banks are oligopolies anyways. What's the difference? Mom and Pop died when Reagan took over.
I stopped trusting Banks — all of them — when they took my money, gave me .05% interest and then lent my money to you for 28% interest on your credit card and said that was legal.
They are money changers and deserve to go to jail — forever.
These bailouts sicken me. If a company is "too big to fail" then break it up and let the weak parts fail and the strong ones survive.
Not by a long shot!
