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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (22796)3/12/2008 1:26:50 PM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 224668
 
You wish to discuss Spitzer while the Federal Reserve gives away $200 Billion to Banks and Mortgage lenders.



To: JakeStraw who wrote (22796)3/12/2008 1:29:34 PM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 224668
 
Jake, The Fed is swapping $200 Billion of good debt (US treasuries) for bad debt (mortgage debt). Do you understand that?



To: JakeStraw who wrote (22796)3/12/2008 1:30:27 PM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 224668
 
Jake, The Fed is swapping $200 Billion of good debt (US treasuries) for bad debt (mortgage debt). Do you understand that?


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