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Four major banks borrow from fed

Discussion in 'Political Zone' started by Eric_Boyer, Aug 22, 2007.

  1. Eric_Boyer

    Eric_Boyer Well-Known Member

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    http://www.forbes.com/feeds/ap/2007/08/22/ap4044678.html

    What kind of a sucker do they take us for?
  2. BrAinPaiNt

    BrAinPaiNt Brotherhood of the Beard Staff Member

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    Pretty Ballsy.

    It is like the bush admin saying stuff and I sit there and think. Do they really believe this BS or are they so arrogant they just don't care if we believe it or not.

    On a side note. So does this mean we are further in debt with China.:D
  3. Eric_Boyer

    Eric_Boyer Well-Known Member

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    It's likely a combination of more debt and more currency.

    for us little guys it is just more inflation.
  4. arglebargle

    arglebargle Well-Known Member

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    The 'big money' guys have set themselves up so they have to get propped up no matter what, or the house of cards starts falling. Corporate Welfare to the max.....

    The federal bailout of that hedge fund in the '90's is now more of a formula than an exception. And those guys are not really productive, they just flip things about and manipulate numbers to rake in the cash.

    If they want to gamble, fine.... Just don't come looking for a tax funded bailout when you fall.

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