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SunTrust Banks, Inc. Message Board

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  • dummutha May 19, 2010 9:49 AM Flag

    Warren Buffett sold STI - not cheap anymore

    No question. They didn't have the bad loans others did. Why weren't we as smart as Canada?

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    • Our laws. Canada and Australia have no welfare system to speak of. There is no entitlement in Canda or Australia. These government programs consume as muchas 25% of all taxes, fed state local etc. In addition millions of illegals are wiping out local and state budgets due to schools housing clothing food and medical which is not in any budget. These burdens have finally overtaken the economy. Despite screams of racist, the issues are dollars and cents. You can't feed someone else when you can't even feed yourself.

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