Will the stock market hold...or is the bubble ready to burst?

[pacfan]

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?

Did they try to fool us with the dividend thing? Geez, that's pathetic cuz with the interest paid on the treasury notes, I wonder what will be left of the profit during this time of crisis. We would be lucky if they can even earn a pre-interest expense profit.