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Old 11-06-2008, 07:45 PM
MrLabGuy MrLabGuy is offline
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Quote:
Originally Posted by Wagner
spiraling downward.

Trump did an interview yesterday stating this is the worst banking economy since '29. That means something coming from a person like him. He just invested in a HUGE chunk of land in Scotland.

Amazing. He said banks are taking bailout money to clear ledgers and buy other banks, not adding liquidity to the market.
Exactly why Government should not be in the business of Socializing banks. Sink or swim would have been a better solution for the industry. Bureaucracies always think the answer is to throw money at problems. Then they wonder where the money went and why nothing changed. Scary thing is even in the face of the failure our brilliant leaders are crafting a second bailout plan because the first one did not produce results.
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