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2010-04-20 Home Front: Politix

Dodd bill has unlimited executive bailout authority

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Posted by gorb 2010-04-20 03:20|| || Front Page|| [2 views ] Top

#1 I want a bill the executes CITIBANK folks in the Credit Card dept..... and other like folk ... just on general principles of removing daemon spawn from the public environment.

I went to them before going to Spain for 2 weeks to make sure everything was "A OK"....
While in Spain they denied I made payments I did and raised the interest rate with no recourse. The phone support person was even more alien than India... (Wife is guessing Vietnam)....

The jerks don't need bailouts... They need a Madame Defarge to place their heads in the proper perspective.

Posted by 3dc 2010-04-20 11:08|| 2010-04-20 11:08|| Front Page Top

#2 It's basically a "nationalize all the remaining industries we missed in the first pass" bill.

Posted by Thing From Snowy Mountain 2010-04-20 11:59|| 2010-04-20 11:59|| Front Page Top

#3 They can't lose, it's impossible.

Losing money is only for the 'little people'.
We prime the pump with our 401K money and they run off with all the money no matter what happens.

This is/has created an entire generation that will be like my great grandfather, no use for banks, no use whatsoever for stock market investments.

I don't know if I'll ever put any more money into the stock market. There doesn't seem to be any way for a non-institutional investor to get a fair shake.

Posted by bigjim-CA 2010-04-20 14:23|| 2010-04-20 14:23|| Front Page Top

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