Last Banks Standing: There Are Still Good Opportunities in Financials, Says Whalen

Few Dollars more for Mcdonald.

rc- ebooks ........are you racist.......or trouble maker......

Bury your money in a coffee can in the backyard? What an utterly dumb suggestion. Ignoring the fact that your next door neighbor will probably steal it from you when he sees you digging it up to get your grocery money for the week, once inflation starts up again, inflation will slowly but surely rob you as well. If you are afraid to invest, fine. Just put your money into a Federally Insured bank CD. Nobody has lost a dime on their CD's in this meltdown.

mind your business do not be racist...............

IF you have deep pockets, and IF you have a long time horizon, THEN you should invest in banks...whatta tool..if you are rich and can wait forever, then just about everything is a buy at any time. AND he drives a Volvo...uber-tool.

heck! nonsense.

Along the same thought process of "buying good performing banks", lets discuss the performance of Treasury Secretary Heinrick Himler Paulson (does anyone else think he would make a good team member of the 1940's Gestapo with that evil smile and those small round beady eyes?). The best word I can think of for his job performance so far is, as Andrew Dice Clay once said, "un-f%^&-ing-be-liev-able". First he (and his sidekick Bernanke) sells the $700B "financial rescue" package (becoming an $892B package in order to buy congressional votes needed to pass the bill) to Congress and the U.S. public, with a 3-page plan, as a tool to buy toxic debt from U.S. Financial institutions, with the ivory tower "hope" that these "investments" will actually turn a profit one day for the U.S. Taxpayer. Now, one month later, he tells us that this would take too long, we need to instead use the taxpayer monies for the U.S. Government to buy stock in the healthiest banks, in the ivory tower "hope" that this will stimulate banks to lend again. But, banks are free to use this taxpayer money to buy other banks, pay their shareholders bonuses, pay their CEO's bigger bonuses for a "job well done". And now Paulson wants to use some of this money to help banks promote more credit card lending, automotive lending, again to people who can't aford to go into debt. Does anyone else see the complete and utter lunacy in this process? Now we tell the automotive industry they cannot have a paltry portion ($25B) of the $892B bank & Capital Hill "Hostile takeover of competitors & CEO bonus program, & buy-your Congressmans vote" plan?

As long as our elections are funded by companies, unions and other groups that make campaign contributions, we will never be taken care of by our "elected officials." What happened to Obamas pledge to use the public funding that was available to him? When he realized he could bury McCain by whoring himself out to these groups he did it. Nothing is changing. Obama now owes these groups for his election. We need two things: Mandantory public funding of elections. Meaning no political contributions allowed at all. And we need a three party system, not the two party one we have right now. The liberal Democrats and conservative Republicans pretend to care about the middle class during an election year, but 15 minutes after the election is won, they forget about us.

Along the same thought process of "buying good performing banks", lets discuss the performance of Treasury Secretary Heinrick Himler Paulson (does anyone else think he would make a good team member of the 1940's Gestapo with that evil smile and those small round beady eyes?). The best word I can think of for his job performance so far is, as Andrew Dice Clay once said, "un-f%^&-ing-be-liev-able". First he (and his sidekick Bernanke) sells the $700B "financial rescue" package (becoming an $892B package in order to buy congressional votes needed to pass the bill) to Congress and the U.S. public, with a 3-page plan, as a tool to buy toxic debt from U.S. Financial institutions, with the ivory tower "hope" that these "investments" will actually turn a profit one day for the U.S. Taxpayer. Now, one month later, he tells us that this would take too long, we need to instead use the taxpayer monies for the U.S. Government to buy stock in the healthiest banks, in the ivory tower "hope" that this will stimulate banks to lend again. But, banks are free to use this taxpayer money to buy other banks, pay their shareholders bonuses, pay their CEO's bigger bonuses for a "job well done". And now Paulson wants to use some of this money to help banks promote more credit card lending, automotive loan lending, again to people who can't aford to go into debt. Does anyone else see the complete and utter lunacy in this process? Now we tell the automotive industry they cannot have a paltry portion ($25B) of the $892B bank & Capital Hill "Hostile takeover of competitors & CEO bonus program, & buy-your Congressmans vote" plan? If we are seriously going to waste $892B on buying crooked Congressmen's votes and padding the corporate balance sheet of the best banks, why not throw 2.8% of this to the big three auto-makers, so we can at least have some portion of the public (big 3 automakers employees, employees of companies that do business with the big 3) keep their damn jobs?

the sad thing is,you need credit to build credit.if you need say 20 grand of debt(in say cards or small loans) to hit the 700 +credit score . they need to rethink how we come up with the credit score .why does it take debt to build credit?and what did they think would happen if u spend more a month then u make a month?your "gross income"should be the last thing they look at when the average personpays uncle sam 24%-27% right off the top (between medicare ,federal tax,social security,L&I,etc.)then if u pay child support, theres another 25%-35%(average,even though some get stuck paying more) of your "gross income". if i loaned some one money ,the most i could charge in intrestis 13% and yet these creditors can charge up to 32%,then they can tack on additional charges,such as credit protection (bank of america and capital one are both famous for this one without permission), socialism starts sounding good when "the american dream" cant happen here anymore;we are all slaves !!! "capitalism will kill itself with greed" Vladimir Lenin

Moved on are you racist too......mind your business.....you are out of topic....

Moved on are you racist too......mind your business.....you are out of topic....

Another good thing about forced public funding of elections is there would be a limited amount of money available for TV ads, telephone calling, etc. Wouldn't it be nice to have only half the political ads on TV as there was this last election cycle? --By the way, did you know that when a politician retires, he gets to keep whatever money is left in his campaign chest? If it is several million dollars, so be it. In theory they are supposed to use it for charitable purposes. But what they do is write out one or two checks per year to charities for a few thousand bucks and hire themselves to run their charities and pay themselves 100K per year to manage their charity--which consists of writing a couple checks and bringing stuff to his accountant at tax time. Pretty sweet extra for their retirement plan. Plus they get both a 401K AND a Pension Plan. How many of you can double and triple-dip like that?

Investors should not invest a dime in banks anymore and in the future. Banks including other financial institutions such as insurance companies have always been the biggest trouble makers in US history. They always get hit the hardest by economic changes. When they boom, it means credit crisis is coming right ahead. There are no healthy banks anymore. Healthy banks cannot exist. If banks are to stay healthy and lean, the greedy shareholders will never be satisfied with the lean profits. If banks pump out loans to satisfy shareholders' greed, the loans will burst. Either way, banks are destined to fall.

Hey Johnny - what advice did your COW give you today

Did you know Johnny got his/her education from his/her COW - LMFAO

Johnny what is racist about Moved on calling you a girl ????

I Like johnny Ike

.......Road to nowhere? More saving=less spending

Here is the best posting I've seen so far from Johnny Ike - Johnny Ike - Tuesday November 18, 2008 11:18AM EST I got my degree from cow..... during my war time in Mekong Delta before the end of Vietnam War.......THAT IS THE PLACE WHERE i GET MY DEGREE....