When was the last time our government made a profit on anything? The post office used to run in the black, but doesn’t right now. No doubt the current PO fiscal crisis is due to the fact that nobody mails anything. (It is of note that the PO is self-funded and DOESN’T use tax dollars.)
But we are not here to discuss the post office. No, no.
Do you remember that wasteful government bailout?
Have you been railing about it? (Tea-Baggers are obligated to answer ‘yes.’)
Your spendthrift government bought Citigroup for $3.25 per share. At the time, Citigroup was headed for the dumper.
According to the Wall Street Journal, on March 29 that same Citigroup stock was selling for $4.18 per share.
What? The stock has actually increased?
If we sell at that rate the U.S. will earn a $7 billion profit. Let me repeat this. A $7 billion profit.
So here is my request of our government: Sell, sell, sell.
Yes, I am well aware that this stock was bought at a bargain basement price, and I know this stock could continue to climb.
If it does, America could make even more billions.
I don’t care. Let all the future profits go into some investor’s pockets.
You would be well-advised to NOT come to this blog for financial tips. I can’t ‘invest’ myself out of a paper bag, but on this one I am sure…
Sell, sell, SELL.