Credit...The Biggest Drug Problem in America!

Today, Blair mentioned to me this tasty nugget about Capital One Financial …ho hum! :)

Capital One Financial (COF)…Is it worth Hating a Stock?

I hate this company. I hate our administration as much for this Company as I do for all their general neglect and indifference to the greater good. There are things our government can do (I think NEED to do) to save people from themselves, but obviously we just like to see people blow up.

In my old days, I would short this stock based on my hatred and I printed losses. What was the point. The one thing I refused to do and will always do with this greaseball company, is join them.

Listen, they run a racket, they are the house gone wild. They sell the one drug America will never kick…easy credit. It’s cyclical and this cycle will bring major withdrawl, but it will be back. I want credit, we need credit, but some people should not be allowed to GIVE IT.

That’s what this post is about. Getting credit is a priviledge…fine. BUT, GIVING IT SHOULD BE A PRIVILEDGE AS WELL IF NOT MORE SO.

Where the f@#ck are our leaders?

That as usual is rhetorical. Weasels.

Some freaking jail time is needed for some of these leaders. The abuse is downright disgusting and obvious.

Here is Trader Mike’s great post about the pricks running Countrywide as well . How hard is it to trace these steps. Trust me, it’s easier than Enron and way bigger.