Buffett and the USA...we have all the $$$$ you need
All this bickering over the bailout bill is NONSENSE(aside from the fact that the plan and bill as voted is nonsense as well). Poo Poo Pelosi...Dump Dodd....F*^k Frank...Punt Paulson....Bump Bush.....and Maul McCain
First of all...no one needs to buy the toxic assets off the banks books...if anyone is going to make money on them...let the banks make money if money is to be made and stop all this crap on how taxpayers will profit in the long run.
The banks need capital....plain and simple. We need to make sure they get it or take them over and recapitalize.
If the banks need capital....then give it to them.....UNDER THE EXACT SAME TERMS WARREN BUFFETT INVESTED IN GOLDMAN SACHS
WHAT IS GOOD FOR WARREN IS GOOD FOR THE USA
What in the heck do a bunch of knee sucking jerks know about banking and economics anyway.
I have been ranting almost daily, sometimes multiple times daily, and over and over again, and even more over and over again until FloridaBuilder started to publicly ridicule me, on this exact issue for over six months and these jack offs sat back and told you how great things were.....if it was clear to me that this was the biggest crisis to face America since the Great Depression over six months ago....what do you think these guys knew....especially one who is the former CEO of arguably the most influential investment bank in the world????
Cut the crap.....you need the cash....Warren set the standard.....preferred equity injections at 10 1/2% plus warrants.......under these terms we have as much cash as you need Mr. Bankers.
Come and get it.......