[JasonC]

Yeah see, the difference is you don't pay, being a worthless slob. If you did, people would be stepping all over themselves to lend to you. Personally I can get money today as much as I need at 5% interest, and I can even lend it back to the bank that will give me that rate, at 9%. There is such a thing as credit in this world. And the Fed can make a cool trillion easy, maybe even inside of six months, no cost and profitable exit then or not much later, buying the bonds of first quality financial names. If it could make as much lending to you on the same terms and with as fine results, I'd be all for it. But we just tried the experiment of giving $100,000 loans to deadbeats on mainstreet, in case everybody forgot. That is what subprime mortgages were. So sorry, your populist dodge has been tried and was found wanting.

[tcostell]

Everyone I’ve ever met who talked about how easy it would be for someone else to make money in the markets, never actually tried to make it themselves.

[EGPWS]

But we just tried the experiment of giving $100,000 loans to deadbeats on mainstreet, in case everybody forgot.

Riches created for people who personally didn't have to account for or be proud of their own decision making.

A recipe for disaster via disgruntled, prudent, and thoughtful producers who make the loans available in the first place via true and honest hard work.

Individuals are becoming obsolete in a society directed by government via political dictate.

Soon it will be realized that individual "down and dirty in the trenches" production is where prosperity is derived and then the "promise mongers" of government who promote "change" will be left holding the bag.

Lets hope that it doesn't get to that point politically.

[dragnet2]

But we just tried the experiment of giving $100,000 loans to deadbeats on mainstreet, in case everybody forgot.

We should have complained about those "deadbeats" to those poor AIG CEO's and others that were counting their million dollar bonuses before running their companies into the ground.

[Notary Sojac]

But we just tried the experiment of giving $100,000 loans to deadbeats on mainstreet, in case everybody forgot.

We sure did. And the originators that actually gave those loans (along with their hangers-on in the realty and homebuilder businesses) made billions and (if they had the savvy to cash out) walked away rich, and laughing.

Jason - that is what is causing the populist frenzy on FR with which you are so frustrated.

[Popman]

Yeah see, the difference is you don't pay, being a worthless slob.

In all your self apparent financial brilliance, you fall to see my post was tongue in cheek.

What a bonehead

Even put a disclaimer at the end of my post saying I was sorry for stepping on your post and you still insult me. Grow a sense of humor