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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (181472)	12/1/2009 11:42:08 PM
From: koan	1 Recommendation Read Replies (2) \| Respond to of 362992

YOu are not understanding the depression background changes things until we get out of it. Then we can tighten up. Not now. They gave hundreds of billions to banks for almost nothing. They are loaning money to banks for nothing, so they effect a dollar carry trade and makes up to 40 times the money leveraging trads. The banks are gambling with the money again. Loans do nto make as much as derivatives, CDS's or CDO's. While the middle class struggles. They could have run the money through the middle class via mortgage help, to help them out during this moment of need. And the banks still woul dhave gotten the money. Kill two birds with one stone. When we are out of the hole tehn we tighten up. The econmic expansion of WWII pulled us out of the depression with full employment. Basic Keynsian economics.