The Mudcat Café TM
Thread #119021   Message #2580545
Posted By: Donuel
03-Mar-09 - 04:21 PM
Thread Name: BS: Obama Goes For Broke
Subject: RE: BS: Obama Goes For Broke
btw, As one could research, I predicted the Dow will bottom out at or near 4500 and not the 7000 that thetalking heads a year ago tried to sell.

Don;t misunderstand me, The free market is great and valuable to us all. THe way to get it back is a bitter pill for the swindling rich to swallow. They Re not used to not getting their way, let alone punishment and losing their banks.

Rest assured that ownership of some banks by the goverment would only be several days, long einugh to seperate the commercially viable parts to be sold privately and the toxic parts to be quarantined.