for the 1.4 trillion dollar gift to the corrupt banking industry.
- Waye Allard (R-Colo.) - John Barrasso (R-Wyo.)- Sam Brownback (R-Kan.)- Jim Bunning (R-Ky.)- Maria Cantwell (D-Wash.)- Thad Cochran (R-Miss.)- Mike Crapo (R-Idaho)- Jim DeMint (R-S.C.)- Elizabeth Dole (R-N.C.)- Byron Dorgan (D-N.D.)- Michael Enzi (R-Wyo.)- Russ Feingold (D-Wisc.)- James Inhofe (R-Okla.)- Tim Johnson (D-S.D.)- Mary Landrieu (D-La.)- Bill Nelson (D-Fla.)- Pat Roberts (R-Kan.)- Bernie Sanders (I-Vt.)- Jeff Sessions (R-Ala.) - Richard Shelby (R-Ala.)- Debbie Stabenow (D-Mich.)- John Tester (D-Mont.)- David Vitter (R-La.) - Roger Wicker (R-Miss.) - Ron Wyden (D-Ore.)
The most crappy companies were up again due to the pending bailout (Tuesday + Wednesday):
Bank of America: up 20% in 2 days
Citigroup: up 22% in 2 days
JP Morgan: up 10% in 2 days
Most of the real economy companies were down. Normal companies don't benefit from this government gift, only a few banks and we all have to pay the price. Sad, Sad, Sad.
It doesn't feel right, it bothers me that millions of Americans have to suffer because CEO's screwed up and were paid millions of dollars, meanwhile the government caused this mess by not checking the banks and by lowering interest rates to 1% in 2001.
It just doesn't seem fair.
Monday, September 29, 2008
I am proud of these senators who voted NO
Geplaatst door RamsesVI op 3:42 PM
Labels: 1.4 trillion dollar gift
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1 comment:
very true statement about banks vs. 'true economy' as they start to define it over here! But i still don't believe (and hope!) this state bailout is gonna work for the banks, not in US and not in Europe, it may solve the short-term-liquidity issue of this world Fortises, but it's not gonna save their souls...
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