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OT.Big Banks go to foreign countries for$$$$$

Discussion in 'Uncategorized Threads' started by Bocephas, Jan 16, 2008.

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  1. Bocephas

    Bocephas Well-Known Member

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    It's a sad day in this country that the big banks have to sell out to foreign countries.Won't be long we will not own anything.
    I wonder if their CEO's took a cut in pay due to the poor management?

    These people are only going to bail us out for so long.
    There was someone that made a statement,this country will be taken without fireing a shot.Can some of you remember who said that?

    Bocephas
     
  2. k1200ltc509

    k1200ltc509 Member

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    Bo, I believe it was Kurschev (?) that said it in the 60's. RLG
     
  3. grnberetcj

    grnberetcj Active Member

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    Everything...as in "Everything" is global...not local.

    Local is like the Burma Shave signs.

    Curt
     
  4. Bocephas

    Bocephas Well-Known Member

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    RLG, you are right it was when he took his shoe off and beat on the desk
    during his speech.

    Bo
     
  5. Capt. Morgan

    Capt. Morgan TS Member

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    When the subprime fiasco hit, financial editor Jim Grant of the "New York Times" wrote a piece in which he briefly compared Allan Greenspan to his successor Ben Bernanke is which he said:

    Ben S. Bernanke, Mr. Greenspan’s successor at the Fed (and his loyal supporter during the antideflation hysteria), is said to be resisting the demand for broadly lower interest rates. Maybe he is seeing the light that capitalism without financial failure is not capitalism at all, but a kind of socialism for the rich."

    Morgan
     
  6. Hipshot 3

    Hipshot 3 TS Member

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    Bo......This isn't surprising! Foreign countries actually almost OWN this country even as we speak! Lets hope they never cash in or our butts will be grass.....and THEY will be the lawnmower!
     
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