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TD Euwaite™
The headline reads "Bush Administration to buy Banks." Do they mean George & Dick are shelling out?
We are shelling out, George and Dick are the shareholders. My 401K is now worth $71
Reenie: Mom of Marine
I was pretty ignorant before. Now I can no longer comprehend ANY of it...Too much, just too much.
brewboy1962
NO, your shelling out and the Government controls the company!
muneepenee
Fed guvt plan tu bi stoks av the banks it alredee "reskued".
I ges that make guvt a partner. Maby sumdae oen hole bank.
Its taxpaer munee.
laurie67
Yea, this kinda freaks me out. I posted a question about it too. It just seems sureal to have an administration own banks. What happend when the current administration is no longer the current administration, and the election has passed? WIl these individual members own the banks, or is it just "the Gov't" who owns it?
I think we need to follow this and ask questions. What is it called when the gov't owns the financial insituations, besides WRONG? Not free market enterprise?
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