This is disgusting. Circuit City also filed today. The banks who failed us should have been allowed to implode. It's the natural way that capitalism cleans house and evolves, as it were. It's self-adjusting, if you let it work.
We'd better get used to the idea of many failing businesses and be ready to stand on the sidelines with boxes of Kleenex. We are in a recession and the sooner we face, admit, and accept, the easier it will be to plan and work. _________________ January 20, 2009 - The End of an Error
This is American General Finance also folks, the predatory lenders? One step removed from these damn payday /title loansharks.
Lemming you are right for once, sound conservative principle you've taken up here, Let the free markets reign. _________________ You can't hold a liberal responsible for their words because it's character assassination.
You know, there's not any strings attacked to these bailouts. Instead of freeing up the markets by injecting liquidity, these clowns are buying up other banks and no one can tell us who is actually on the receiving end of the 2 trillion dollars.
I contend the entire episode was nothing but a money grab. It will do nothing to correct any underlying financial problems that may exist and could make matters worse!! _________________
"Linux is more than an OS, it's a state of mind."
Look today, we can't even find out who are getting these loans, what's up with that? It's our money! And now Obama is putting in place the same crooks in his administration, change, right... _________________ You can't hold a liberal responsible for their words because it's character assassination.
