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Originally posted by dodadoom
The "socialists" would like to give the people some money for a change instead of the rich corrupt banker types getting it all.(again) Would be nice for a change, unfortunately the money was already spent fighting cheney's war! DUH The msm machine is still going strong and succeding I see.(the oil company commercials are non stop,but they are the only ones still making billions)Who do you support anyway? Funny how the shoes on the other foot for a change! Now now, be patriotic and support your president! Remember we're all in this together.
[edit on 11-2-2009 by dodadoom]
Originally posted by johnny2127
Originally posted by questioningall
reply to post by johnny2127
Are you kidding me?
As a head of a fund, you would have it put in banks???
You would REALLY risk your pensioners money in BANKS?
BANKS, that are insolvant, with trillions out in derivatives?
BANKS - which are taking billions from the govt. and then paying themselves billions/millions in bonuses?
If I was someone in a pension plan I would say NO WAY!!
Question...............do the people in those pensions ........have a choice in where THEIR MONEY is invested????????
I would be UP IN ARMS, if ANYONE suggested MY money - went to banks!!!!!!!!!!!
I would take to the streets, if some "head" of a fund...took MY MONEY and put in in banks.........without my approval!!!
NEVER!! will ONE DIME of my money go in investment to a BANK!!
I don't trust them with any of my money at this point, and only leave enough to pay bills in each month!!
NEVER will a bank get my money again in any abundance!!
So did you read where the govt GUARUNTEES the assets and the return? That is unbeatable. You aren't even speaking with anything resembling knowledge. Even if the bank became insolvent as you state, it is govt guarunteed. For that to go bad, anything else you could put money into would go bad as well.
But you are right, I would never put a cent of non-guarunteed money into a bank stock. I am market neutral right with heavy exposure to metals. Occasionally using SKF to short the financials on market run ups.
Some people just don't get it. They will not take from the rich and give to the poor. They are taking from the Middle class and giving it to the poor and the rich.
The only Support you will see out of me, is support for Impeachment of this Treasonous bastard. The things that are being done are Unconstitutional and that is Treason.
I say split the country into thirds. Put the hard working good honest people in the middle and charge everyone else for flying over to visit thier Marxist friends on the other side.