Our Tangled Webs

ONE OF AMERICA'S iconic institutions and leading lenders, the Bank of America, is in deep doo doo, again, so it is rumored. Something about the feds spotting a bit of corruption within the corporate investment activities, if you can imagine such a thing. This certainly isn't the first time something like this has happened; the B o A has paid hefty fines to the goverfnment before, and lived to tell about it.It has a rap sheet longer than al capone. Also, of course you might remember that bailing out of the bankrupt BoA by you, the government of the united states, a few short years ago. Since then they have been wildly profitabe, particularly just recently with the stock market surge and such. The government after the big banks would seemingly contgradict the notion of a corporate controlled america; such is the complicated nature of our incestuous corporate political complex. For eight years I've had a home mortgage with the Bank, have paid ahead of schedule, but still they won't refinance me. Believe it or not, the Bank of America used to send me offers in the mail to refinance, then, when i showed up in person at the bank to explore the option, was turned down! The Bank of America used to hand out debit cards to illegal mexicans, and once loaned michael jackson two hundred million dollars. What more need be said about their corporate judgment? Can you even imagine what corporations like this might try to get away with without government regulation, with a completely free market, like conservative republicans so deeply desire? Chsos, followed by tyranny of the super wealthy elite, or something like that, is what we'd probably end up with. For the time being, I'll continue to do business with the bank of america, and praying that someday my almighty masters will deign to lower my interest rates just a smidge, but not holding my breath. Meanwhile, I'm glad somebody keeps an eye on them.