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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (88035)6/16/2009 4:51:57 PM
From: GROUND ZERO™  Respond to of 94695
 
Where did the money go? Do you know? Does anyone know? There's absolutely no accountability... the banks aren't even using it to lend as they were supposed to do, they're waiting for higher rates to return, and meanwhile they put it all into the stock market, that's where the rally came from...

GZ



To: puborectalis who wrote (88035)6/16/2009 5:25:25 PM
From: Hawk  Read Replies (1) | Respond to of 94695
 
Yes, let them fail, the banks, the auto makers, the insurers. Thats capitalism, we now have fascism. Why should you and me pay for their poor management, risk taking and incompetence. Do you like the thought of you children and grandchildren
paying for that. Who pays you when you make a bad investment or take too much risk. We have put ourselves in a whole we may never get out of. Letting them fail would have been difficult short term, but the problem would have been solved much faster. Study the 1920-21 depression. The government and FED did absolutely nothing and it was over in a year.