How will GS make money now?
- Thread starter noob_trad3r
- Start date
don't get your panties in a twist. This is a non-starter, first of all. If this new rule does see the light of day, the banks will make some legal structural changes and nothing will effectively change.
What I want to know is when we're going to see some outrage over Fannie and Freddie and the disasters in Detroit.
Love 'em or hate 'em, the banks have paid the money back with interest (I realize that's easier to do with a 0% interest rate, but that rate is available to fan, Fred and GM and they'll never pay anything back and will suck us dry eventually).
When are we going after the Fred and Fan overlords in congress? When will we go after thug union leaders who are the special interests in power now.
This bank thing is just a diversion from Obama's five year plan.
What I want to know is when we're going to see some outrage over Fannie and Freddie and the disasters in Detroit.
Love 'em or hate 'em, the banks have paid the money back with interest (I realize that's easier to do with a 0% interest rate, but that rate is available to fan, Fred and GM and they'll never pay anything back and will suck us dry eventually).
When are we going after the Fred and Fan overlords in congress? When will we go after thug union leaders who are the special interests in power now.
This bank thing is just a diversion from Obama's five year plan.
Looks like the Big O is not happy. The market is not happy either. We do not like punitive taxes. It sets precedent to abuse of power.
Brendan P. Byrne
Brendan P. Byrne