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1) Banks through risky investments get in trouble and almost go out of business.
2) The federal government steps in and loans them tax payer money so they don’t go into bankruptcy.
3) Banks raise the interest rates on credit cards for the American tax payers.
4) Banks stop lending to the American tax payers unless they don’t really need the money.
5) Through this brilliant strategy they now show a profit.
6) Let the bonuses flow.

The American tax payer got screwed twice; once when the bail out funds were handed over to the banks and the second time when the interest rates were raised to usury levels. Did Jamie Dimon of JP Morgan really earn $16 million in bonuses? Thank God it wasn’t paid in cash.

Perhaps it is time to rebel against the American aristocracy?

I believe it was Frank Zappa who said, “I have never wanted to be another nationality, but sometimes I wish I wasn’t an American.”

That great American spectacle ,the Superbowl, is this Sunday. I am not a football fan. but if it floats your boat go for it. What irks me is the advertisers spending 200 million dollars to convince us to buy their products. I would be more likely to make a purchase if they did something constructive with the money. Maybe sponsor a school or adopt a community. But that’s just me, enjoy the Superbowl.