Banking On Bankers

“Rescue the Nation” is the clarion call of Obama  to the bankers.

The banking sector has done well ,with the bail out package .

Citi and Wells Fargo group have declared to pay off the TARP funds by selling securities.

Almost 75% of the $245 billion would be repaid by the banks.

As the tax payer has helped the banks to  work profits and become liberated , now the President feels is the duty of the bankers to help the nation.

Obama is sadly mistaken.

The bankers will never take a step forward to resurrect the nation.

They are indulging in selling securities and stocks to keep the Fed at bay.

Thus they can loosen the clutches of the government and escape the regulatory body’s attention.

They can now make heavy bargains on salary, perks and bonus.

The bankers will manipulate, will be prompted by greed, will be instigated by malice  to fill up their coffers.

They will be busy in their own way, preoccupied in their own deceit, that the thought to get back the nations on its feet will naturally fall short of their terms.

Obama is innocent to believe them.His call will fall on deaf ears . He will definitely be mortified  by the bankers .

He has to eat  a humble pie.