DISQUS

AMERICAblog: More bad news in banking, which means great news

  • tbhull · 1 year ago
    Does anyone believe it is really a free market? Eliminating the lines between the corporations and government do not allow for anything that resembles a free market. The current situatuion is a ruse.
  • Bluestocking · 1 year ago
    Well, with all due respect...what the @#$%^&* did the government expect? The Republicans are always complaining that welfare programs encourage people to become overly dependent on the government and rely on handouts instead of taking personal responsibility for themselves -- so why do they apparently assume that corporate welfare is necessarily any different? Is it so impossible that corporations could become passive and dependent on bailouts? Personally -- especially if this story is any indication -- I don't think that the idea is as far-fetched as all that...
  • Wisconsin Liberal · 1 year ago
    This is just the tip of the iceberg, with people unable to refinance their houses to pay off credit card debt, the price of everything going up, wage increases flat, we are going down like the Titanic.
  • mike31c · 1 year ago
    Yes, but you see, the repulsive republicans do not see it as a "hand-out" to failing companies with bad investments. They are, for the most part, stuck with their failed ideas of "trickle-down" economics and that won't change until the fools in charge of these big banks and investment houses die off or are removed.
  • Andrew A. Gill · 1 year ago
    So does this mean that Professor Farnsworth is a speculator?

    ``Good news everyone!''
  • nova · 1 year ago
    All these announced billions going to stock broker firms----has it ever occurred that at least part of that computer screen money is going to stock purchases to keep that over-priced stuff way too high?
  • Andrew · 1 year ago
    Nothing new here Chris. Many believed that the Titanic was unsinkable. It was a hoot on Thursday when all of the talking heads on the MSM were reporting that Citibank only lost 5.1 billion in the first quater of this year. Imagine that!. Only 5.1 billion and the tax payers will gladly pick up the tab. When we don't learn from our past mistakes we're doomed to make them again. The only difference is that those who are in control of banking today are the kids of the banking monarchs back in the 20's and 30's. Like math, economics is pretty black and white and King George still hasn't any clothes or economic plan. Just tread water a little longer and let the next corporate controlled candidate take the helm.
  • jr · 1 year ago
    "great progress!"-John McCombover
  • OlderAndWiser · 1 year ago
    "Free market" is an oxymoron...
  • scottinsf · 1 year ago
    Wall street was happy with all the announced layoffs last week. The stock market always goes up when big layoffs are announced. I know, never made much sense to me either.