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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (8606)	3/6/2009 11:34:19 PM
From: Wayners	Respond to of 103300

You know what I think the worst thing about the Fed is, other than they make interest off of the money they print when it enters circulation and cost us taxpayers probably $40B a year for doing what the Govt could do directly. I'm convinced that the Fed and it's members banks don't loan money based on risk and reward and normal profit motives. They are free to lend or not lend and base those decisions on a carrot and stick philosophy, such as if your coroporation doesn't promote Global Warming as a major world crisis, we won't lend that money you need to build a new factory. I'm not kidding. I bet you dollars to doughnuts thats what the Federal Reserve System and it's member banks do.