http://www.nakedcapitalism.com/2008/11/western-financial-system-we-knew-has.html
What does a bank do ......if it does not loan ?
What does a bank do ......if it does not loan ?
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Banks Have To Loan $.....or the Economy is RIP.....
- Thread starter libertad
- Start date
Hoard it!
Fuck the Economy.
Its not their problem!
Fuck the Economy.
Its not their problem!
Quote from libertad:
Seems as if a "small pre-condition" of rescue terms was left out ?
No preconditions!
You think Banks and Bankers are the auto industry or something??
You do not put conditions on the ruling class.
Why do you think 1 unelected man - Greenspan - could decide the economic policy of the entire country even when other Fed governors were warning him of dire consequences? Monarchy has no peers and no consequences for those who rule.
Quote from libertad:
http://www.nakedcapitalism.com/2008/11/western-financial-system-we-knew-has.html
What does a bank do ......if it does not loan ?
Perhaps the banks are blackmailing the Gummint and Fed.... "Make the taxpayer buy ALL of our toxic paper or we won't make loans"....??