OnCiti

In LIGHT of today's headlines:

-- (headlines from Yahoo Finance webpage) --
1) Oil rises on reports US may step up banks rescue
Oil rises above $40 as investor confidence improves on reports US may raise stake in Citigroup

2) European stocks up amid renewed Citi speculation
European markets up amid renewed Citi speculation, US futures point to solid opening

3) Stocks open higher on report of plan for Citigroup
Wall Street opens higher on report that government could boost stake in Citigroup

4) Bank stocks up amid report of gov't plan for Citi
Bank stocks rise as report of investment in Citigroup suggests alternative to nationalization

5) Shiller: Stocks Not Yet Cheap Enough for Me- Tech Ticker
Shiller: House Prices Still Way Too High- Tech Ticker

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Notice the usual higher-ed contradictions.

No VIABLE 'life-line' will hold without:

-- a. currency devaluation;
-- b. gov't assists BofA to absorb Citi;
-- c. prohibitions relaxed to generate new industry/taxes;

A reminder of an historical-reference is in order, the United States Bank, seized by order of then-President Andrew Jackson. The situation at the time was that foreign-owned banks influenced the U.S. election-process via economic (market/currency) manipulations.

Now, Senators FORCE it. That's how STUPID it is.