More Bailouts Wanted!

We're making money.  That's why.

The big bailout of the TBO's Socialist...

What?

Who?

I thought he was a Goldman Sachs consultant.

Okay.  The big bailout by former Republican and President, George W. Bush, is about to pay off big time for our Federal Goverment, although George III will not be the one to spend it on flying to Mars.

We stand to make 8 Billion dollars if we sell the Citibank stock we bought.  When no one else would offer more than a roll of pennies for its shares.  When Citi was so pathetic that its CEO had allow some government tool to actual watch what his expensively compensated compensation committee paid him.

But Citi is better now and its stock is worth several real dollars per share and we get to sell it for a profit.

On the other side of the ledger, though, our bailout investments are as underwater as you average Arizona desert ranch house.  We pretty much have to forget our billions in AIG, Fannie Mae and Freddie Mac.

Which is just as well because those names are just odd.