Quote:
Originally Posted by SCORE-Cash
We are doing this, so that average Joe can pay $300 a year for a million dollar life insurance policy.
We are doing this, because we want those foreigners to come back, and invest in the greatest country in the world.
We are doing this, so that the economy wouldn't have collapsed, and the big banks could keep on makeing profits...
Ok, you have a point... but it's too late. Now that we bailed out the big banks, we own them, and we simply have to get them off the books.
Have you seen AIG stock lately? I can't believe people are buying this shit. I'm too scare to option trade it, as it could go in any direction.
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while i see your point, i think all those bailout will have much worse consequences later (in form of higher long term interest rates (which arent actually set by FED, but by market), which would further destroy economy and anyone in debt)
just one point more, US taxpayer doesnt own big banks, they own him via US goverment.