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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.12+0.8%Nov 26 4:00 PM EST

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To: elmatador who wrote (40472)9/28/2008 3:58:25 PM
From: Haim R. Branisteanu  Read Replies (2) of 218056
 
One good outcome of the whole issue is that King Henry got his "nuts" on a platter and he was forced to resign to what he is just a US Treasury Secretary under congress scrutiny - this by itself is a great achievement.

There are many other aspects I like that where inserted in the bill like the equity kicker to taxpayers and no free ride for the thieves and swindlers on WS.

What is needed now is strong retro active law enforcement and bringing the stinkers that made millions to justice and gorged out the ill achieved profits / compensation if in salaries or bonuses or cashed in stock options

In another vein many fail to understand that the money requested is working capital to make a market and not an expense. It will be so if the assets will be managed properly including the underlying assets and collection will be enforced, like the taxes on financial institution after 5 years or so.

Unfortunate based on the Democrats history they may spend the money even before it was collected for all kind or pet projects and bridges to nowhere
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