FAS: Bank Failures Continue

We've already surpassed the amount of banks that have failed last year. So the Government says "too big to fail" will be enough for them to bank roll these banks futures. Do you really think when it is all said and done, there will be any money left for the share holder? With the Government owning 80% of these banks, AIG included in this, the Government will get their money first. These banks (and this insurer) have the devine protection (I know this is repetitive) "Too big to fail," but they are big enough to be broken up. The Government might just eventually (speculation on my part) sell off the profitible parts of these banks (and insurer), get their original investment back (plus their dividends), and leave a less profitible, completely smaller version of what once was a company that was consider too big too fail. Now, if all that's left is what is consider the left overs - they could easily file Chapter 11, or 7, and do what? Leave nothing for the share holder. This of course is hypothetical, and I think it's probably what will happen to AIG. I have taken notice that most people with logical minds agree that this rally is not going to stay... but, when most people are in agreement - the opposite tends to occur. So maybe it is time to buy - but I recommend a avoiding this "too big to fail," until we see what is really going to happen to them. It's the safe thing to do, but everyone is swinging for the home run. So becareful, be forewarn, and do your due dilligence before jumping into anything. Speculation aside - bad news is still bad news. This is just another rambling from an instinctive investor. Ride the waves, but don't get stuck holding the bags. This looks a lot like what happened during the Great Depression - denial, denial, denial. The Nations income contracted for 5 years straight after the stock market crash of 1929. I know for a fact the Nations Income is being reduce on a weekly basis. Unemployement is still rising, people are working less hours, raises are being cut for the year, etc... Growth is not coming. Jobs need to be created. Peoples wages need to be increased, debt needs to be brought down. This is reality. The stock market is not reality, and it has a mind of its own. I know FAS is a day trade vehicle, and if you play right, you make money. This is just a warning, times are a changing.