Bank Fraud and Obama
It is really frightening to me that our "house of cards" economy is only held up by officially sanctioned lies.
If you do not count the losses, then you can show tremendous profit.
As long as the sheeple want to delude themselves into believing that there is tremendous profit there, they will buy stocks (several banks have issued new stock sales).
That, according to Geitner, is putting private money into the banks as opposed to public (government) money.
It is ok for the sheeple (fools who donate private money) to lose that money in the coming stock market fall, because then the Fed Gov will give the bank more money to buy back almost worthless shares to then sell more stock at a higher price in the future.
The only people who are out are the investors, but that does not matter to Obama's way of thinking, because they have lots of money to donate to healing the bank's balance sheets.
All the investors have to do is think of it as a tax that takes their money and redistributes it to the officers of the bank. We do want them to be rich, don't we? America always admires heros, and those bank officers are heroes to those who have little, because the stand as confirmation that the American Dream is a reality for anybody (as long as they are dishonest or allowed to be so with official government approval.)
I wonder when the sheeple will finally wake up. Bank stocks are not an investment for the long term in this country. You can make some short term killings, though.....