I would have bought more letters to solve this puzzle,
but my assets at Wamu are now frozen.
Darwinism is running through the stock market. Chase gobbled up Wamu for next to nothing and Wachovia will obviously be the next to succumb to the pressure. Wamu currently pays 4% on a savings account. I guarantee that rate be lowered to 1% very soon.
Here are some of new promotions to get the masses back into the banks.
Chase will be offering 100 free shares of Wamu to all new depositors who sign up by the end of the year. Wamu closed at 16 cents the other day.
Goldman Sachs fires up the grills and serves burgers, dogs and lemonade to its customers, their families and friends. They realize people can't even afford to eat.
A Bank of America sweepstakes gives people a chance to win one of three gas guzzling Chevy Trailblazers. The fine print on this one is that gas is not included.
Wachovia is attempting to go with the more popular toaster giveaway. They feel the need to return to the grassroots approach as a way to bring back the people.
Sometimes the obvious just stares right out at you. Now that elite members of Congress have hammered out the bailout of our country your fellow Americans will be footing the bill. While I 100% disagree with this bailout, it must be done. These great minds came up with a figure of $700 billion dollars within 1 week. In my one year watching the market and watching analysts predict quarterly earnings estimates for some of the biggest companies like IBM, Microsoft, and Intel, they were never right. Now the government came up with the perfect dollar amount in one week. It will probably be double this number when all is said and done.
Hopefully, some good will come out of all this stupidity. We as babies and future taxpayers, need to be more proactive and less reactive when it comes to reporting the abuses, loopholes, and greed that is at the root of all these problems. Knowing that my daddy will be affected by this, it would be nice for him to be able to tell me how great our country is from an economical standpoint.
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