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Author Topic: U.S. Considering Taking Ownership Stakes in Banks  (Read 988 times)

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FNGw/08SERK

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U.S. Considering Taking Ownership Stakes in Banks
« on: October 09, 2008, 11:01:53 AM »

Appears as if more socialism is on the way 

http://www.foxnews.com/story/0,2933,434844,00.html
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Sean M Cary

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Re: U.S. Considering Taking Ownership Stakes in Banks
« Reply #1 on: October 09, 2008, 11:04:29 AM »

Appears as if more socialism is on the way 

http://www.foxnews.com/story/0,2933,434844,00.html


yeah, and all of you remember that when the government is in charge and I come to break your knees...

That was my first thought also - and we all know that the Government is really efficient at running things, like Amtrak.
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TN

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Re: U.S. Considering Taking Ownership Stakes in Banks
« Reply #2 on: October 09, 2008, 06:08:09 PM »

scary, aint it. :confused5:





TN
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Wut the hell was that maneuver

FLSTFI Dave

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Re: U.S. Considering Taking Ownership Stakes in Banks
« Reply #3 on: October 10, 2008, 08:18:01 AM »

Appears as if more socialism is on the way 

http://www.foxnews.com/story/0,2933,434844,00.html


Just what we need more of the governemnt screw crap up.  Everything the government  has run has been screwed up.

Just look at SS

Just look at Medicare

Just look at Amtrack

Just Look at Fannie May

Just look at Freddie Mac

Yep we need this like a another hole in the head
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grc

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Re: U.S. Considering Taking Ownership Stakes in Banks
« Reply #4 on: October 10, 2008, 08:27:32 AM »


On the other hand, I've always wanted to be a banker and play with OPM.  Since we the people are the government, that means we will all be bankers now.  Hot Damn!  When do I get my secret decoder ring and the combination to the vault?

Jerry
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Jerry - 2005 Cherry SEEG  -  Member # 1155

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Re: U.S. Considering Taking Ownership Stakes in Banks
« Reply #5 on: October 14, 2008, 05:50:48 PM »

It's happening in Europe too.  Seems to be the only way to free up credit.  People are losing their jobs at a rapid rate right now.  It's scarey.
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icybay

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Re: U.S. Considering Taking Ownership Stakes in Banks
« Reply #6 on: October 15, 2008, 11:15:07 AM »

The difference is in Europe they call themselves socialists, here they call themselves Democrats or Republicans
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FNGw/08SERK

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Re: U.S. Considering Taking Ownership Stakes in Banks
« Reply #7 on: October 15, 2008, 11:20:50 AM »

Is it me or does this current economic and political climate seem reminiscent of the arguments of that infamous Socialist Karl Marx? http://en.wikipedia.org/wiki/Karl_Marx
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