Quote Originally Posted by Kirkland Laing View Post
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?
every little bit helps, In my estimation thinking long term, getting the national debt should be a definate priority, number two in fact to short term stabilization.