Repaying of Bailout Funds

There has been talk about the banks that received bailout funds and the need to pay them back. First of all, many of these institutions didn't really need the money in the first place, but were "encouraged" to take it so the other banks wouldn't feel bad. Hogwash.

Now they have to pay it back. Do we get interest? Probably not. But I'd wage a bet that the banks that received the funds, padded their capital allotment that is required by banks to keep them in good order, so that they could use that money to generate more money. Remember, all of the big banks, and small banks for that matter, have investment arms, as well as the good ole boy network where they can use the information from each other and take that borrowed money to invest.

Why do you think that they are able to report record profits and profits at all in the first quarter, when before they couldn't do anything? Why has there been so much of a market rebound since it bottomed, coincidentally at the same time when the first quarter is?

Manipulation of the banks and government by the banks and government. Our government is not longer for the people, it is for the bankers and the ultra rich. We peasants just have to pick up the scraps that the rich feed to the dogs.

The banks used OPM, Other People's Money, to invest to make some quick money and they now have taken their money off the table, by paying back the bailout, and are now playing with the houses money. Meanwhile, the talking heads and administration is coming out saying things are looking up and now we're back on track. BS.

They look at numbers on the reports and don't go into the streets, with "Joe" the plumber and talk with employees who have been laid off. They don't talk to small business owners who are trying to get to the once publicized American Dream. It is not baseball games and cotton candy. We still have a ways to go. I'd love for the economy and the markets to go straight up, but we need substance.

Patience is a virtue.