Has anyone considered that the bailout has more to do with keeping powerful foreign investors (such as Saudi Arabia and China) from laying waste to the US than saving a couple banks? China could tank the USD by dumping their currency reserves, OPEC could tank the USD by switching to another currency for petroleum contracts. When you’re massively in debt, you have to do what you’re told.
tax dollars at work…
Has anyone considered that the bailout has more to do with keeping powerful foreign investors (such as Saudi Arabia and China) from laying waste to the US than saving a couple banks? China could tank the USD by dumping their currency reserves, OPEC could tank the USD by switching to another currency for petroleum contracts. When you’re massively in debt, you have to do what you’re told.
What else would you expect from the Goverment…ASSCLOWNS
Yeah, that’s about what we’re doing.
That’s not fair. BoA isn’t being bailed out.