Forum

I love this forum. It's my opinion or things I have found to share. Over the last 2 years it has become more political but then the financial world has become political and I see the government interfering more and more.

I read that a bank near our Dunkin Donuts was closed (Park National). It was taken by the Feds, changed hands, and will open on Monday under a new name. I think it was acquired by another bank.

Are these deals done in the dark? Is there a list of healthy banks that are forced to take the next bad bank? Are these toxic assets or a group of assets that next owner can sell off, divide, or use?

Uncle Sam can't keep his hands off things. I know there needs to be regulations. There are regulations in air flight, food processors, construction, banking, insurance and the like. But Uncle Sam is now running car makers (into the ground) and banks (what to lend, for how much, to whom) and is focusing on the media.

The next to be "helped out" by the government will be newspapers followed by radio and the internet. Stay focused. Watch. Obama doesn't like Fox. He will soon be controlling newsprint. It's only a hop from there to all news media.

Fox will die or conform. Will we realize it?

Radio. Who will be the first to go? Rush? Sean? Beck? Levin? Silenced forever.

They will call it diversity. Nothing diverse about silencing any voice you don't like, criticism squelched. The free market be damned. It's not fair or diverse.

We will watch together. What can we do?

'til later