$8 billion to these criminals and thugs!!
We must take back our government.
And Chase, after they took over my WaMu credit card, (my husband’s card actually) closed the account for no reason. No missed payments, no late payments, all payments over the minimum amount due...it was after they got their bailout money.
Previously had bad dealing with a Chase card and got rid of it, they had jacked up the interest rate to 30% for no reason, can’t wait until this one is gone. Did not want another Chase card ever.
Nothing but crooks out there and all this ACORN crap is really sick.
Ok folks, need we say any more ? How big a smoking gun do we need ?
The various wall street firms were partnerships up until a few short years ago. Jon Corzine (D), Governor of New Jersey, was co-CEO of Goldman-Sachs, with - you guessed it - Hank Paulson. Would the U.S. Treasury been able to convince taxpayers to bail out wealthy partners in wall street firms ?
These partnerships all IPO’d, allowing the partners to “cash out”, leaving the public owning the companies - miraculously just a few short years before the big Barney (collapse), after operating as partnerships for up to, and even exceeding, 100 years. All those years, I think a suggestion to IPO would have been laughed at by the partners.
Take a look at their websites today; instead of looking like investment banks, they look like they’re in the global activist business.
Of course, in order for business to function, you need fair and consistent courts. Which we will have, as soon as courts resume upholding the ancient common law concept that goes something like... activist groups, along with everyone else, can’t justly use the courts for extortion. It’s a crime, and when cases like that come before a court, the plaintiff should not only lose, but be prosecuted successfully, fined and jailed for such extortion attempts. So, anyone can bring a case, but don’t try to extort something for yourself, or you will usually wind up in one of our profit-making prisons, where you will earn your keep and make a profit for society while resolving to not repeat your mistakes. Oh, silly me, we don’t have such prisons, we have high-security vacation getaways where you train and gather up street cred, or relax in execu-prisons where the harshest punishment is bland boredom.
There’s nothing bad about capitalism, these firms simply have not been operating in a free-market fashion since the 70’s. They are mere tools of the left wing since their “knees buckled”. We will not have working banks until the race and gender fields are removed from loan applications, and loan officers evaluate only the business prospect of the loan. And if enough people think a bank is “underserving” a certain market, that presents a big, fat business opportunity for a new bank to come in and serve that market. Or shut up.
Private business owners that are in for the long run actually want to see their business thrive in the long run. CEO’s of publicly traded companies, at the end of the day, are simply the highest paid employee.
Let’s go with privately-held corporations owned by U.S. citizens, i.e., us. Us as employees, us as owners, us as vendors, us as customers. We can certainly trade internationally, but simply have the sense to not decimate our own business environment to make .5% more profit this quarter.
Any takers ?
Bump for future fireworks - I hope!
as soon as possible, I am saying goodbye to Chase.....we have our Heloc there, and God help us we’ll get the dang thing paid off and our money out of that trash of a bank...
ping