Barack Obama Claims Banks Not Nationalized, Banks Beg To Differ…
The Barack Obama administration is becoming more and more like the government of the defunct Soviet Union. It shamelessly lies to the American public about things that are so blatantly obvious that the lies don’t merely seem pathetic, they seem downright bizarre. A good example is its’ stance on Nationalization and Socialism. We keep on [...]
Citigroup Stock Falls To Below $1 For The First Time In History…
This is a great lesson in why the govt should not get directly involved in the affairs of the market. Despite the fact that Uncle Sam has provided $45 billion of taxpayer money to Citigroup over the last few months, Citigroup’s market value fell to about $5.5 billion today. What this simply means is if [...]
