bailout - What We're Reading

Oh, the controvery over the proposed bank tax is getting good; get your ringside seat tickets now - they're going like hotcakes. This was my thought this morning as I awoke to this WSJ article on banks hiring a Supreme Court litigator to investigate whether the Obama administrations proposed tax is unconstitutional "because it would unfairly single out and penalize big banks. LOL Oh, put me in [office] Coach! They also don't feel they should be held accountable for the billions of losses incurred by nonbank recipients such as AIG, GM and others but one must wonder if GM would've been in the mess they found themselves in if it weren't for the economic meltdown.....but I digress. For the record I feel AIG should be included but that's not my point. If I were Obama right now, I'd be standing up, extending my arm forward and bending my fingers as if to say " bring it on big boys!" So the political posturing, lobbying and money flow will continue but if people have any brains [or balls],

bailout (1)

Big Banks: Going Where No Bank Has Gone Before

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