In part, the administration had little choice but to scale back the program. Many banks refused to participate, believing that the assets they hold are worth far more than investors were willing to pay for them. Banks argue that they are in a much better stronger financial position than they were in the spring.
http://www.nytimes.com/2009/07/09/business/09bank.html?th&emc=th
* * * * * * * * *
I hope y'all saw that line "they refused to participate" - ha ha! Can we refuse to let them have our money? And this is in case there were any doubts as to who's in charge here. The bastards aren't even trying to it anymore! And, please, do listen to Mr. Rabinowitz, I'm sure he has the best interests of Israel the United States at heart.
No comments:
Post a Comment