Comments on: Epic FAIL: Let’s pour billions more down the Citigroup drain!

By: Kick the Anthill » It’s Fun To Stay At The YMCA

Kick the Anthill » It’s Fun To Stay At The YMCA — Fri, 06 Mar 2009 14:35:30 +0000

[...] is all that I’ll owe. With each passing day that Congress gives billions more to the sinkhole-that-is-the-banking-industry and the black-hole-that-is-the-insurance-industry, I figure I’ll owe roughly $80,000,000 by [...]

By: Various Notes Of The Fisc « 36 Chambers - The Legendary Journeys: Execution to the max!

Mon, 02 Mar 2009 22:52:37 +0000

[...] What could be better for taxpayers than dumping yet more billions of dollars into CitiGroup? [...]

By: RetFireman

RetFireman — Sat, 28 Feb 2009 20:39:34 +0000

So once Citibank closes for good, does that mean I no longer need repay my student loans? Where’s MY stimulus?

By: The News Factor: News, opinion, current events — a rewarding news experience » Blog Archive

Sat, 28 Feb 2009 06:02:28 +0000

[...] convention canceled amid industry woes ► Depression Cooking with Clara a hit on YouTube ► Epic FAIL: Let’s pour billions more down the Citigroup drain! ► Scenes from the New American Tea [...]

By: DBNinKY

DBNinKY — Sat, 28 Feb 2009 00:50:55 +0000

Nutz! “…I believe we’ll hover at 6800 when Feb’s unemployment [NUMBERS] come out next week… .”

By: BizzyBlog » AP Report on Uncle Sam’s Citi Deal Avoids ‘Nationalization,’ Plays ‘Name That Party’ with Fat Cat Former Obama Adviser Bob Rubin

Fri, 27 Feb 2009 21:30:46 +0000

[...] UPDATE: Citi closed the day down over 40% at about $1.42 a share (as of a 4:06 p.m. “real-time nasdaq.com quote,” while final transactions were possibly still being posted). Just one more step in the “borrow-spend-panic-bailout-repeat cycle.” [...]

By: Nationalizing Banks USA: Another day, another multi-billion-dollar bank bailout for Citigroup | Fire Andrea Mitchell!

Fri, 27 Feb 2009 20:11:32 +0000

[...] Another day, another multi-billion-dollar bank bailout. [...]

By: battleaxe

battleaxe — Fri, 27 Feb 2009 20:10:12 +0000

Hopefully these failout bank stocks will fall below $1 and be delisted.

By: drfredc

drfredc — Fri, 27 Feb 2009 18:31:04 +0000

The no brainer reply to top down bailouts is bottom up stability — eliminate the tax on bank interest (checking, savings & CDs).

There’s plenty of folks who would jump at the chance to put $$$ into banks if they weren’t taxed on the interest they earn. It’s taxing good behavior…

A huge amount of the moral decay in the US that has led to our credit crisis is related to tax policies that discourage savings while promoting easy credit and spending.

By: bradley

bradley — Fri, 27 Feb 2009 18:17:26 +0000

As of about 1:15 PM, Citi stock is at $1.57 per share.

Trading PREFERRED for common stock is idiotic. It guarantees a loss for taxpayers, but hey, there’s always MORE where that came from, right Jugears?

By: zorro

zorro — Fri, 27 Feb 2009 17:57:01 +0000

down…22.7 percent…

Down 36% now.

By: Flyoverman

Flyoverman — Fri, 27 Feb 2009 16:31:25 +0000

On February 27th, 2009 at 10:39 am, pdv said:

If only they would actually try a horizontal launch. The rocket would probably go somewhere. What they are doing is vertical launches into the ground and wondering why the hole keeps getting deeper.

I tip my cap to a better analogy than my own.

WELL WRITTEN !

By: WarTip

WarTip — Fri, 27 Feb 2009 16:02:13 +0000

I think Nancy “The Nanny Queen” Pelosi and Harry “Benefit Reapin’” Reid would be pretty high up on the food chain in their new socialist Utopia if I am not mistaken?

The day is coming when “conspiracy theorists” may have to say “Somehow, ‘I told you so’ just doesn’t seem like enough.”

I am not by any means some “Troofer” but I do foresee some very troubling times ahead and people blindly following the government as they lead this country down a long slippery slope with nothing but a cliff at the end. Unfortunately, I am seeing more and more of it every day … even now.

By: The Obama Road to Serfdom: Good Morning Socialist States of America! « Jim Blazsik

Fri, 27 Feb 2009 16:01:46 +0000

[...] * Possibly related posts: (automatically generated)Stop, thief! Kill the bill, melt the phonesThe Job Hunt: Obama’s economic stimulus plan probably won’t help me get a jobAid not reaching stricken BurmeseThe Wired Presidency: Can Obama Really Reboot the White House? [...]

By: jjmurphy

jjmurphy — Fri, 27 Feb 2009 16:00:19 +0000

Ya know, if someone sat down and tried to figure out a way to destroy the USA without firing a shot I don’t think they could do a better job than Obama and the democrats are doing right now.

Everything they are doing is just about guaranteed to destroy freedom, liberty, personal responsibility, the chance of success, or a better future.