Quote Originally Posted by killersheep View Post
I guess what I should say is that I would want for any dividends received from the preferred stock to go directly into paying the national debt down.
The bank equity purchases are going to pay 5% dividends but really it's just Kabuki theatre. The end net effect is transferring trillions of government dollars to the financial system. That you'll get a couple of percent of it back is irrelevant in the great scheme of things, isn't it?