Wednesday, June 2, 2010

America for sale (again)

Foreign banks are picking the bones of American institutions being shut down by the feds.
Lobbyists and money are apparently flooding Washington in a financial feeding frenzy.

One explanation for their success and the ignorance of lawmakers and bureaucrats is in this quote:
“They’re taking advantage of the fact that they’re not thought of as Wall Street. They’re below the radar screen because nobody’s ever heard of Barclays or Deutsche Bank.”

So, millions of dollars are flowing and our banks will be owned by foreigners after being closed due to the decisions of people affected by the politicians that not only caused this mess, but are now profiting from its effects.


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