Tuesday, March 25, 2008

 

Look at Me! I'm a Bank!

There's a mortgage crisis in this country. People are losing their homes. Worse, unscrupulous people are taking advantage of this. Citizens are in trouble. What does our government do?

Thirty Billion dollars of Bear Stearns investments are being guaranteed by the Federal government. I understand why this is being done. If Bear Stearns falls, the crisis only gets worse. More people lose their homes.

But I can't help but think about the people who have lost or who are about to lose their homes. How do they feel about the Bear Stearns bailout? I know how I feel. I feel that the government cares more about a bank than they care about thousands of families who are going to end up without a home. Banks over families.

I keep a little bit of track of who's looking at The Globex Corporation Newsletter. I get a lot of hits from search engines. Lots of those hits show how ineffective some people are when performing web searches. People find The Globex Corporation Newsletter when looking for something completely different.

Apparently, "BOJ" is quite commonly used by people referring to the Bank of Japan and the Bank of Jamaica. Banks. People confuse me with banks.

If I get myself into financial trouble, my government has shown how little they care about me as a common citize. But if I were a bank...

So that's the answer. I am now a bank. If I have an over draught, I can just ask the government to bail me out. Can't pay my rent? The government will pay it for me. I'm a bank! I can make all of the bad investments I want, there's no risk, I'm a bank!

I know I thought of it first, but I'm not greedy like a traditional bank. We should ALL be banks. Everyone should declare themselves a bank. I did it and you should too.

BOJ
CEO - Globex Bank and Trust

Comments:
I'm thinking of refinancing my car loan...what's your going interest rate? Can I use my Beanie Baby collection as collateral?


t1g
 
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