The Plan All Along...

Discussion in 'Politics' started by Skull Pilot, Apr 21, 2009.

  1. Skull Pilot
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    Skull Pilot Platinum Member

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    A Backdoor Nationalization - WSJ.com

    Funny, just when some major banks are trying to pay back the loans forced on them by the government not only will the government not accept payment but now wants to take a bigger ownership stake in the banks.

    why the treasury can't seem to get out of its own way is more of a mystery.

    Now why would Barney's bigger involvement in banks be need for concern, after all he know what he's doing doesn't he?
    And it will be more difficult for banks to get the federal monkey off their backs

    So prop up banks by decreasing their potential profits that would increase capitalization.
    Makes sense no?

    Imagine that, a government agency not keeping its word........shocking.
     

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