[quote=SD Realtor]I know jp, I know… but printing money is… well it is to be expected.
To me this is a hell of alot more scary. Our government is taking ownership of a private company. The union who backed the current party in power, is now partial owner of that company. It is likely this will happen to another company.
Doesnt this seem kind of scary to you?
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I mean, I guess what is more scary to me is that the public, the press, well pretty much nobody is batting an eye.
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Yup resistance is futile. Me thinks banks that want to quickly repay TARP to get out of the Fed control are going soon run into more hoops to jump through before the Fed allows them too. Part of me thinks the Fed wants to control the banks.
I keep saying I didn’t vote for this administration. (Not saying the other one would have done better. But perhaps nothing would have gotten done…And that might have been better)