The Banks Are Off The Treadmill

So the banks have jumped down off the treadmill and the stress test is completed. But oh my, my, my the government doesn't like what it sees. Was there ever any doubt that the government would identify problems?

The funny thing is that on the one hand they're telling us that their stimulus package was great and the downturn is bottoming out, and on the other hand they're telling us that we have to test the banks to see if they can survive if things get worse. So which is it? Are things getting better or worse?

What they're really saying is that they have to show that the banks need even more help so that the government can take even more control. So in the event of a catastrophe the banks would need more money so we better give it now, with all of our strings attached of course. The goal is to turn the banks into marionettes who move only to the government strings to which they're tethered. It's all about control of an industry that the government should not control.

I have an image in my head of the White House staff behind a curtin moving their puppets like Julie Andrews in The Sound Of Music. Oh said the Czar to the lonely banker, lae-de o-de-lae-de 0-de-lay-e-hoo, I'll give your job to Barny Frank o lae-de-o-de-lae-de-o-de-loo.