Article

2009-06-01 Economy

Citibank Socialized? - You never want to have the government involved in your business,

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Posted by GolfBravoUSMC 2009-06-01 09:37|| || Front Page|| [4 views ] Top

#1 theyre bureaucrats. They dont understand capitalism, they dont understand the profit motive and they dont understand the financial industry.

In a nutshell. Nor do they want to. We are now seeing the fruits of the long march thru the instituttions. I just hope I will live long enough to see them shot by their fellow leftists after the collapse and subsequent upheaval.

Posted by N guard 2009-06-01 10:43|| 2009-06-01 10:43|| Front Page Top

#2 "You never want to have the government involved in your business," said Orlando, whose firm owns 7.3 million JPMorgan Chase & Co. shares and 1,483 shares of Citigroup. "They're not businessmen; they're bureaucrats. They don't understand capitalism, they don't understand the profit motive and they don't understand the financial industry."

Best damn quote I have heard from anyone about what is going on in a long, long, long time. I am going to frame that quote and hang that quote in my office, put that quote on a bumper sticker, print t-shirts with that quote... Awesome.

Posted by Chuckles Thusock2056 2009-06-01 13:32|| 2009-06-01 13:32|| Front Page Top

#3 They may be right but then don't take their money either

Posted by European Conservative 2009-06-01 15:50|| 2009-06-01 15:50|| Front Page Top

#4 The money shouldn't even be offered.

Posted by Bright Pebbles 2009-06-01 19:53|| 2009-06-01 19:53|| Front Page Top

#5 Nobody can spin faster than me. Not evenHamilton.

Posted by Walter Wriston 2009-06-01 20:30|| 2009-06-01 20:30|| Front Page Top

#6 "they don't understand the financial industry"

If they gave YOU money they probably don't. But did YOU?

Posted by European Conservative 2009-06-01 21:32|| 2009-06-01 21:32|| Front Page Top

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