Buying Banks!
It looks as the U.S. Government is getting ready to buy into a few banks. They will be starting with $250 billion of the $700 billion. They funds will be to purchase the banks stock, not loans. This means when the banks stock goes up, we Americans will make money. I vote sell once we make 25 percent, can I do that. And when will I get my check? Wait, it’s the U.S. Government, I’ll never see a check. They will down the road just ask for more money when these companies’s get in trouble again. Or save it when it comes time to bail out the auto industry, because they’re next. Anyway, I think this is the best chance at us making our money back. Another thing to remember here, if these banks fail, we loose, or will we. It’s the U.S. Government; they’ll just print more money until it becomes useless, like their doing for this bailout. Let’s hope for the best, and let’s hope for another big day on Wall Street.
