reply to post by burdman30ott6
I do understand how you feel and how you are frustrated by all that has happened.
All I can say is that if there had been no fire, there would had been no smoke.
BOA is but only one of the many banking institutions that had lost the confidence of even investors/opportunitsts/gamblers, what more the clueless but
trusting depositors? And it is not happening to only BOA, but many across the world. European banks and corps today is faring the worst. It all began
there. For the past 20 years, with their reckless and insane banking practices. China will be next.
Today, mankind had woken up. It's their hardearned savings. Played around by banking cowboys. Today, they will have to pay a price. The warnings had
already been sent as early as 2001, but ignored and smoothed over by lobbyists in Congress. The numbers did not add up already back then. It was a
disaster in making. It crashed in 2008, but paid congressmen supported bailouts of banks and corporations.
They were NEVER too big to fail. They were just TOO BIG and far gone, in their ponzi schemes laid through respectabilty to the masses, to be saved.
Mankind were the suckers to be unsuccessfull in their open hearted attempt to bail them out then, unacknowledged by MOST and espacially the culprits
in the media today. BUT NO MORE.
Blame not the innocent ordinary john doe who had to do what they have to do with their savings today. Just look forward to owning a porche, ferrari,
or whatever luxuries the ordinary masses can only dream of owning, as more of such are being put on second hand car sales adverts, along with flower
vases( brainless pretty young ex-wives of bank executives looking for their next meal tickets).
I know its not a happy thing. NO ONE wanted this to happen. It would not if the warnings had been heeded long ago, and even after the '08 crise had it
been corrected. But it was not, and today, retribution comes....may heaven have mercy on those affected...
edit on 13-9-2011 by
SeekerofTruth101 because: (no reason given)