Talk of The Villages Florida - View Single Post - The Founding Fathers were....
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Old 08-26-2011, 08:39 AM
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Originally Posted by debanddon View Post
Ya, and the Coke brothers don't control the republicans? When Coke says jump the Wisconsin Governor simply asks "How hi".
And when Warren Buffet decides to shore up Obama's re-election campaign by putting $5 billion into Bank of America knowing it is considered by the government to be "too big to fail"....and we taxpayers have the liens against us to make sure Buffet and BOA will come out just fine....

"NEW YORK -- The multi-billion dollar capital injection that Bank of America said it's getting from Warren Buffett's company is an extremely safe investment, experts said Thursday -- but not because Bank of America is a strong company.

Berkshire Hathaway's investment is safe, these finance experts said, because the government has the bank's back.

Although government regulators insist the era of bank bailouts is over, many who study the financial industry say the nation's biggest banks are still too big to fail, meaning they must be rescued by the government when they face potentially fatal trouble in order to prevent a broader collapse of the financial system...."

http://www.huffingtonpost.com/2011/0..._n_937118.html