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With SOPA legislation dominating your Facebook and Google+ timelines, the market is business as usual.  As in, the fluctuations in speculations are as broad as ever.  While you were wondering whether the Stop Online Piracy Act and Protect IP would force the shut down of your YouTube channel, or the site entirely, Bank Of America (BAC) reported huge earnings for 2011.  Additionally, and to the amazement of many, the ECB lending practices have actually created a sharp uptick to the European market landscape.

BAC reported a 2011 profit of 1.4 billion, as opposed to a net loss of 2.2 billion just last year.  The banking conglomerate on the Halliburton economic buy everything model avers that the secret was Tier 1 capital building.  Mr. Saturday pauses, but not in the no homo aspect of the word, and considers where did all this liquidity come from?

Absorbing into their fray all the bad loans from Countrywide and the like didn’t boast too well for BAC back in 2008, but it sure led them to stem the tide of the banking wars equivalent to the fast food restaurant wars from Demolition Man.  Subsequent, one could only assume that writing off bad loans, and providing homeowners with 1099s for the losses could account for some liquidity.  But why stop there?  Double dip, and sell the newly acquired collateral via your REO (real estate owned) broker and actually cash out on your written off loan.  Tax incentives with cash allowances; American banking at its finest.

Across the pond, it seems we were all duped, or being duped right now.  The ECB actually has been lending to France and Italy, but backing up those loans via the countries weaker banks.  Something stinks of Goldman Sachs ABACUS.

The potential for enabling copyright infringement is the guise to which your Congressmen, via his network of lobbyists from primarily the music and movie industry, now seek to censor your Internet.  SOPA is a broad scale abomination, but it seems that there are quite a few other abominations that float above the heads of the low information audience signing the online stop SOPA petitions.  Mainly, that corporate is still getting over on your ass.

Gather, discuss, and learn the Dewey Decimal System.