CHART of banking system collapse, Fed says "Nothing to see here, folks. Move along."

Apparently, to get more reserves, the lower banks are possibly giving large chunks of their assets to the Fed. Assets such as non-performing loans, and other such balance sheet items.

So the house where you thought you might lose it to the local bank, will now be held by the private beneficial owners of the Fed's profits.

David Rockefeller, et al, is now your landlord, serf.

As the preacher here says they already own this country, and thrice over.

http://us.mg1.mail.yahoo.com/dc/launch?.rand=69kvk6sca1njg
 
Some guy (Firestone?) says he invests in troubled companies. He just bought his shares of Bear Stearns Friday at $32 a share. He thinks Bear should have gone immediately to bankruptcy court and is being force to pay the price of the entire financial system. (Well, that's an exaggeration for sure!) He says it was unfair to allow JP Morgan to buy upat $2 per share.

So any comments?

Also what if one were to buy shares today at about $3.62 per share currently? Is that possible and is there any reason anyone today might want to do that?
 
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