Sometimes I can't even believe it when I see it with my own eyes!
The White House just put this video out on You Tube to make sure you understand that everything bad that happened in the last decade was caused by greedy bankers/casino operators, and had nothing to do with stupid consumers or politicians. And that the new FinReg Bill will make sure that this will never happen again. Banks will be smaller (tell that to JP Morgan, Bank of America, or Wells Fargo), and we will never have to bail them out again. Again, no mention of the $3.7 trillion or the ongoing billions flowing into Fannie and Freddie. Lets not complicate the story with facts.
Sadly your tax dollars paid for the video.
Be careful out there,
Chris Wiles
This article contains the current opinions of the author but not necessarily those of the Rockhaven Capital Management. The author’s opinions are subject to change without notice. This article is distributed for informational purposes only. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed.
No comments:
Post a Comment