Wall Street Breakfast: Must-Know News [View article]
Gonna spend it and pay interest for ever and ever. That's what.
On Dec 17 11:40 AM TBill wrote:
> Left over TARP money??? Like there is a safe full of it and it's > just collecting dust?? > There's no such thing. If they spend more money, they have to go > out and borrow it. > That's like planning to borrow and buy a $200k house, finding one > for $150 and saying 'gee, we got $50K left over, what are we going > to do with it?'
Wall Street Breakfast: Must-Know News [View article]
On Dec 17 11:40 AM TBill wrote:
> Left over TARP money??? Like there is a safe full of it and it's
> just collecting dust??
> There's no such thing. If they spend more money, they have to go
> out and borrow it.
> That's like planning to borrow and buy a $200k house, finding one
> for $150 and saying 'gee, we got $50K left over, what are we going
> to do with it?'
Wall Street Breakfast: Must-Know News [View article]
Who would reap the rewards if the best happens?
Do the profits or losses just stay there forever?
Could the Federal Reserve go into conservatorship?