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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: geode00 who wrote (52515)3/24/2009 10:13:49 AM
From: koan  Read Replies (1) | Respond to of 149317
 
>>
You risk $94 and I'll risk $6 and we'll split the profit 50/50...ok?

What's not to love?

Oh, by the way, you putting in the $94 in no way attaches any strings to anything...just so we're clear.

I LOVE this program!

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I'm not positive that this is the way it works out but it seems something like this.<<

I thought about this all night. This approach seems bumbling to me. How will this promote lending, say as opposed to a direct approach of lending by govenrment and how does this help the real estate problem?

94/6 with a 50/50 split. Why not just let Wall street run the treasury?



To: geode00 who wrote (52515)3/24/2009 10:16:12 AM
From: koan  Respond to of 149317
 
Gailbraith interview adds to krugman and Rich. worth listening to:

finance.yahoo.com