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I have read many of the posts from people who are my same age (56) and similar situations (out of work for two years). This is such a sad commentary on our society. Luckily, I have been blessed with my savings and investments. So I'm not in a dire financial situation. However, beyond that are the feelings of depressio...more
For a billion dollars? Get real. It's not that big a deal for B of A. There is huge upside potential in the future.
Buy up BAC and hang on for a couple of years.
Why? What will that do other than put a bunch of hard working people on the streets. Countrywide was a bad actor. B of A is cleaning up Countrywide's mess. Why punish them?
Well, the silver linings to this are first, it puts a cap on the government's claim. At least we know how big the box is now. Second, when the B of A lawyers finally settle with the government I'm sure that they will settle with prejudice so that no other government claims can be filed.
When I travel internationally I carry a fake wallet. The majority of my cash, credit cards, ID, etc. are in a smaller hidden wallet. My fake wallet has enough cash to look real and has some of those fake "John Q. Public" credit cards the card companies send out...just enough to make it look real at first glance. If the...more
Hey RL S212, you think 5.5% is bad? Try California. Although most food is not taxed, everything else is taxed with the highest sales tax in the nation...and our Governor Moonbeam wants to raise sales tax even more. He should spend time getting ride of absolutely stupid ideas like the bullet train to nowhere.
oh oh oh - Democrats are always better for the economy? I know Jimmy Carter did wonders for my economy. My mortgage was 16.75%. Inflation was HUGE. Yep, Democrates are ALWAYS better for the economy...NOT.
10/16/2012
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