bailout (1)

Admin

Big Banks: Going Where No Bank Has Gone Before

Oh, the controvery over the proposed bank tax is getting good; get your ringside seat tickets now - they're going like hotcakes. This was my thought this morning as I awoke to this WSJ article on banks hiring a Supreme Court litigator to investigate whether the Obama administrations proposed tax is unconstitutional "because it would unfairly single out and penalize big banks. LOL Oh, put me in [office] Coach! They also don't feel they should be held accountable for the billions of losses incurred by nonbank recipients such as AIG, GM and others but one must wonder if GM would've been in the mess they found themselves in if it weren't for the economic meltdown.....but I digress. For the record I feel AIG should be included but that's not my point. If I were Obama right now, I'd be standing up, extending my arm forward and bending my fingers as if to say " bring it on big boys!" So the political posturing, lobbying and money flow will continue but if people have any brains [or balls],

Read More, Comment and Share......

We welcome you to post a blog entry, oped or share your daily reading with us as long as it is relevant to the topic of investing and not an attempt to sell a product, proprietary strategy, platform or other service. Please provide links to any research data and if re-posting other articles, give credit where credit is due providing a back link to the original site.

300 words minimum per post. You may also sort by category or search by topic. Don't forget to comment and please "share" via Facebook, Twitter and Google+. If you have any questions, please contact us.

FOLLOW STOCKBUZ

__________________

This is a member-supported site. Please donate when you can to help pay the rent. Thank you!

Stay Informed. Sign up for the FREE StockBuz eNewsletter

________________

Investing involves substantial risk. All content is subject to StockBuz disclaimer.

Create Income With Option Spreads

All content on StockBuz.net is subject to disclaimer and Terms of Service