The Federal Government has no business bailing out banks during times of trouble. Our tax dollars should not be used to supplement the merger of JP Morgan Chase and Bear Stearns. Who will take on the problems of Lehman Brothers? Bank of America?
The concept of free markets is ruined when the super rich remain snug and warm beneath government woven security blankets while conducting cold-calculating business transactions. When the average American makes poor financial decisions, they lose their home and their credit rating crumbles. Citizens facing layoffs or those of us still working for lower wages simply cannot merge with our parents by creating joint bank accounts with close, rich friends when times get tough. Notices of Eviction are hung on the doors of our homes. Bear Stearns and its employees should receive such a notice.
America’s middle class and working poor lost their basic right to file for simple bankruptcy just two years ago. Who lobbied and pushed the new bankruptcy laws through the ATM’s of congress? The same lenders who now wish to have an interest free $30 Billion loan—the same companies that hire collection whores like Cohen and Slamowitz and Mullooly, Jeffrey, Rooney & Flynn to chase after individuals who were force fed unreasonable interest rates on their credit cards. I hope they all die a slow, painful financial death. May God make all their future children grow up with big noses. Perhaps the white-bread investors saw the stock market crash coming years ago, and this merger, like their collection tactics, are part of a bigger plan—a plan by America’s real terror suspects in their plot to take control of every inch of land west of the West Bank.
Who will own America when most outstanding mortgages go unpaid and foreclosures reach all time highs? Not leaders of Muslim nations, that’s for sure. JP Morgan will, along with their close friends from Cohen & Slamowitz and Mullooly, Jeffrey, Rooney & Flynn—the offspring of old world merchants who use every waking breath to make the lives of real Americans a living hell.
Before we clap our hands at the end of another Wall Street rally, let’s shake our fists and call JP Morgan and their cronies by their real names—Money Grubbing Whore.