[fuggy]

No, I don’t get your point.
Obama claims he wants to stimulate the economy. That is how he is getting away with giving a trillion to the gamblers at the banks and AIG.

The gov’t isn’t going to sit idly by during this crisis (that Phil Gramm and our other clowns in congress created).

So since the money WILL be created and spent, why wouldn’t it be a better idea to loan it out at below market rates to regular Americans?

I don’t see how that can “make things worse”. Just diluting my dollar by 20% to fork over to the gamblers at AIG is worse.

The lucky congress-owners at AIG will move that money into gold and put it in Switzerland. Who does that help?

You don’t happen to be an AIG exec, huh?

[fuggy]

No, I don’t get your point.
Obama claims he wants to stimulate the economy. That is how he is getting away with giving a trillion to the gamblers at the banks and AIG.

The gov’t isn’t going to sit idly by during this crisis (that Phil Gramm and our other clowns in congress created).

So since the money WILL be created and spent, why wouldn’t it be a better idea to loan it out at below market rates to regular Americans?

I don’t see how that can “make things worse”. Just diluting my dollar by 20% to fork over to the gamblers at AIG is worse.

The lucky congress-owners at AIG will move that money into gold and put it in Switzerland. Who does that help?

You don’t happen to be an AIG exec, huh?

[fuggy]

No, I don’t get your point.
Obama claims he wants to stimulate the economy. That is how he is getting away with giving a trillion to the gamblers at the banks and AIG.

The gov’t isn’t going to sit idly by during this crisis (that Phil Gramm and our other clowns in congress created).

So since the money WILL be created and spent, why wouldn’t it be a better idea to loan it out at below market rates to regular Americans?

I don’t see how that can “make things worse”. Just diluting my dollar by 20% to fork over to the gamblers at AIG is worse.

The lucky congress-owners at AIG will move that money into gold and put it in Switzerland. Who does that help?

You don’t happen to be an AIG exec, huh?

[fuggy]

No, I don’t get your point.
Obama claims he wants to stimulate the economy. That is how he is getting away with giving a trillion to the gamblers at the banks and AIG.

The gov’t isn’t going to sit idly by during this crisis (that Phil Gramm and our other clowns in congress created).

So since the money WILL be created and spent, why wouldn’t it be a better idea to loan it out at below market rates to regular Americans?

I don’t see how that can “make things worse”. Just diluting my dollar by 20% to fork over to the gamblers at AIG is worse.

The lucky congress-owners at AIG will move that money into gold and put it in Switzerland. Who does that help?

You don’t happen to be an AIG exec, huh?

[fuggy]

No, I don’t get your point.
Obama claims he wants to stimulate the economy. That is how he is getting away with giving a trillion to the gamblers at the banks and AIG.

The gov’t isn’t going to sit idly by during this crisis (that Phil Gramm and our other clowns in congress created).

So since the money WILL be created and spent, why wouldn’t it be a better idea to loan it out at below market rates to regular Americans?

I don’t see how that can “make things worse”. Just diluting my dollar by 20% to fork over to the gamblers at AIG is worse.

The lucky congress-owners at AIG will move that money into gold and put it in Switzerland. Who does that help?

You don’t happen to be an AIG exec, huh?

[fuggy]

This is the best economics site on the internet.

We are being so robbed. Bernake could have taken that trillion and offered Americans 4% mortgages and loans. Our economy would be skyrocketing.

I would have refinanced, taken out more money and put a fancy roof on my house…(I qualify).

It makes NO LOGICAL sense that investors that lost their shirts lending to Americans would jump back in to loan to Americans even if Obama personally hands them a check for their losses.

And as has been said above, the roofers not employed putting a new roof on my house will not be borrowing money soon.

[fuggy]

This is the best economics site on the internet.

We are being so robbed. Bernake could have taken that trillion and offered Americans 4% mortgages and loans. Our economy would be skyrocketing.

I would have refinanced, taken out more money and put a fancy roof on my house…(I qualify).

It makes NO LOGICAL sense that investors that lost their shirts lending to Americans would jump back in to loan to Americans even if Obama personally hands them a check for their losses.

And as has been said above, the roofers not employed putting a new roof on my house will not be borrowing money soon.

[fuggy]

This is the best economics site on the internet.

We are being so robbed. Bernake could have taken that trillion and offered Americans 4% mortgages and loans. Our economy would be skyrocketing.

I would have refinanced, taken out more money and put a fancy roof on my house…(I qualify).

It makes NO LOGICAL sense that investors that lost their shirts lending to Americans would jump back in to loan to Americans even if Obama personally hands them a check for their losses.

And as has been said above, the roofers not employed putting a new roof on my house will not be borrowing money soon.

[fuggy]

This is the best economics site on the internet.

We are being so robbed. Bernake could have taken that trillion and offered Americans 4% mortgages and loans. Our economy would be skyrocketing.

I would have refinanced, taken out more money and put a fancy roof on my house…(I qualify).

It makes NO LOGICAL sense that investors that lost their shirts lending to Americans would jump back in to loan to Americans even if Obama personally hands them a check for their losses.

And as has been said above, the roofers not employed putting a new roof on my house will not be borrowing money soon.

[fuggy]

This is the best economics site on the internet.

We are being so robbed. Bernake could have taken that trillion and offered Americans 4% mortgages and loans. Our economy would be skyrocketing.

I would have refinanced, taken out more money and put a fancy roof on my house…(I qualify).

It makes NO LOGICAL sense that investors that lost their shirts lending to Americans would jump back in to loan to Americans even if Obama personally hands them a check for their losses.

And as has been said above, the roofers not employed putting a new roof on my house will not be borrowing money soon.

[fuggy]

How will this bubble popping, that is, interest rates skyrocketing, affect us?
(Other than it being a bad investment for those who bought 30 year bonds.)

[fuggy]

How will this bubble popping, that is, interest rates skyrocketing, affect us?
(Other than it being a bad investment for those who bought 30 year bonds.)

[fuggy]

How will this bubble popping, that is, interest rates skyrocketing, affect us?
(Other than it being a bad investment for those who bought 30 year bonds.)

[fuggy]

How will this bubble popping, that is, interest rates skyrocketing, affect us?
(Other than it being a bad investment for those who bought 30 year bonds.)

[fuggy]

How will this bubble popping, that is, interest rates skyrocketing, affect us?
(Other than it being a bad investment for those who bought 30 year bonds.)

[Author]

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