I think maybe the problem is the media… From ABC News:
Wells Fargo said it is “premature to comment.” Bank of America told ABC News it “supports the concept,” but is “studying the details.” Citigroup said it’s too “early” to “speculate.”
Look at that last sentence. Just pick and choose whatever you want… Here’s what I think Citigroup originally said:
“We think that early in the history of time, even before man walked upright, there was already a need for man to be propped up by others. Originally this was done by small communities where they would gather berries and share with each other. Over time, as man became upright, he made small tools and started to put seed in the ground. Later, animals were used to cultivate food. A barter system was established, where one man would trade his goods for goods from another. Over time, a monetary system was established in cultures and then goods could be traded for ‘money’. In the 1800s in the western United States, man started to speculate for gold. Then government created Social Security and f***ed it all up. But these bailouts sure help us – the banks.”
