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  • Wall Street Breakfast: Must-Know News [View article]
    The Government can not go into banking - That would compete with the Fed. (Power Given Is Not So Easily Taken Back)

    All they can do is create another Bureaucratic Shell, that costs more to run than the benefit it provides, to shuffle the money and assets keeping as many balls in the air as it can.

    Those who make peaceful revolution impossible make violent revolution inevitable. Preparations are being hastened for both options in the American Government and elsewhere.

    Those that abandon their neighbors will suffer the same fate at a later time.

    Things are not so well in OZ since the curtain became tattered.


    On Feb 11 10:50 AM jackooo wrote:

    > What if the government went into the banking business? One large
    > government bank with mortgages at 3%. Everyone in the U.S. could
    > use it for home buying.
    > This would automaticly FORCE other banks to lend at the same rate
    > or lose customers.
    > Eventually the rate would rise but it has to be cheaper then giving
    > banks billions for perks.
    > Think about it.
    Feb 11 13:42 pm |Rating: +2 -1 |Link to Comment
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