Hanky Panky Paulson and Uncle Ben to Pay my Amex Card
Submitted by undergroundpizza on Wed, 11/12/2008 - 14:13
Bailout mania continues. They should start a website for christmas list submissions.
Earlier this week, American Express received approval from the Federal Reserve to become a bank holding company, which is a similar structure to traditional commercial banks. The credit card company now has access to financing from the Fed and the ability to grow a large deposit base.
http://biz.yahoo.com/ap/081112/american_express_ahead_of_the...
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Everybody's getting in on the bonanza now...
Would you look at that—the taxpayer is being robbed blind.
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"An error does not become truth by reason of multiplied propagation, nor does truth become error because nobody sees it. Truth stands, even if there be no public support. It is self sustained." -Mahatma Gandhi
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"...a nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people." -John F. Kennedy
Apply game theory; He who
Apply game theory; He who spends first and most wins as the fed will print the dollars to back unsecured consumer debt.
Does this mean my collection
Does this mean my collection account will be paid off? Hell no! What's fair is fair, MF'r!
Maybe they want us to embark
Maybe they want us to embark on our own personal stimulus spending spree and hand the bill to the fed.