BAILOUT II - Voice of the People
16 Maggio 2012 - 7:32PM
Zacks
Zacks highlights commentary from People and Picks Member
«richardterrel».
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BAILOUT II
Here we go again. Four years ago with the Treasury
Department and The Federal Reserve loaded down with Goldman
Sachs (GS) people. They went to Washington and
confessed that they had screwed up the global economy and most
Americans lives and they needed a massive infusion of taxpayer
money to save us all.
The subtext was: "Does any Republican or Democrat want to go
into the election season with the second great depression already a
foregone conclusion? And oh by the way we really want to get
rid of Lehman."
Can we view this week's announcement by JPMorgan
Chase (JPM) as the opening salvo in this election seasons
raid on the taxpayers funds? So when John Boehner threatens a
government shutdown just before the election, is that the second
salvo in their raid on the Treasury?
We will see just how gullible we really are!
The most recent picks by «richardterrel» are:
A buy rating on SPDR S&P Dividend (ETF)
(SDY),
a sell rating on Apple Inc. (AAPL) and
a buy rating on Myers Industries (MYE).
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APPLE INC (AAPL): Free Stock Analysis Report
GOLDMAN SACHS (GS): Free Stock Analysis Report
JPMORGAN CHASE (JPM): Free Stock Analysis Report
MYERS INDS (MYE): Free Stock Analysis Report
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