View Single Post
competentone competentone is offline
Registered
 
competentone's Avatar
 
Join Date: Mar 2004
Location: Summerville, SC
Posts: 2,057
Quote:
Originally Posted by Minkoff View Post
Sheesh, The Govt is taking 250 large and investing in US banks with "our" money.
Who says I wanted to be in he market
But it really isn't like you are in the market.

With the position the government is putting you in, you have all the risk for losses with no potential for gain.

When you get into the market yourself, you have both the downside risks and upside potentials for gains.

As others have said, this is all about the privatization of profits and the socialization of losses.
Old 10-14-2008, 07:06 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #2 (permalink)