As Predicted, More Bailouts

Bank of America is returning to the “money pit” and their stock market value is going up as they “dip again into the bailout trough. " ‘Investors have figured out Bank of America has plenty of options and earnings capacity’ to handle any shortfall the government may say they are facing, said Gary Townsend, president and chief executive of private investment group Hill-Townsend Capital Inc., based in Chevy Chase, Md.” The “key words here are “the government may say.” What reality is, doesn’t apparently matter. It’s what “the government says” that counts. Bank of America and others will continue to return to “the money trough,” time and again as long as it is there, always trying to prove they are “the most needy.” Just like the Starnes Company employees did in “Atlas Shrugged” did after they created that socialistic employee payment scheme. (Yahoo News/AP)