Home › Forums › Financial Markets/Economics › Fed in bold move to thaw credit markets says it will buy massive amounts of short-term debt
Pretty soon, Ben and Paulson are going to start issuing credit cards if you file a 1040 to help all
those consumers that are “having trouble securing credit”.
http://biz.yahoo.com/ap/081007/financial…
I am going to go out on a limb and suggest that before this is all over, the Fed seizes control of one of the big national banks and begins lending directly to consumers and businesses.
Personally, I’m all for it!
Pretty soon, Ben and Paulson are going to start issuing credit cards if you file a 1040 to help all
those consumers that are “having trouble securing credit”.
http://biz.yahoo.com/ap/081007/financial…
I am going to go out on a limb and suggest that before this is all over, the Fed seizes control of one of the big national banks and begins lending directly to consumers and businesses.
Personally, I’m all for it!