Saturday, January 17, 2009

Word on Wall Street!

Is that Obama's team will likely create a Bad Bank/Good Bank circumstance where all the Bad Debts will be shifted to the Bad Banks, leaving those selected as Good Banks with a clean slate and ready (with our future tax money) to make Home and Business Loans . . . again.
Oh yes, we the Citizens will be stuck with owning the Bad Banks and those Banker friends of ours (who got us into the Sub-Prime mess) will get to keep their many years of bonuses and their jobs.
Now, why didn't you think of that.

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