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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Paul Kern who wrote (98779)10/14/2008 1:43:07 PM
From: carranza29 Recommendations  Read Replies (2) of 110194
 
Let's see, mmm, the Treasury is investing $250 bn of taxpayer moolah in banks so that these self-same banks can lend this money, which is ours, to us. And charge us interest in the process?

Something doesn't ring right.

Why not skip the middleman, lend the money directly to those who can qualify for loans, rather than throw money at the same banks who have screwed us?

Or, even better, forget about these namby-pamby loans made on a hope and a prayer that the banks will loosen up credit and order banks to do so before their charters get reviewed and possibly revoked if they are not engaging in the business of banking at a time when the nation needs them to make loans?

We've been giving them plenty of carrots, time for the stick.
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