Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Kennard

“The U.S. government is likely to make a profit from these actions.”

Oh boy. Does that mean they’ll stop taxing us and just invest money they print from now on?


4 posted on 09/22/2008 5:05:47 PM PDT by Tublecane
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Tublecane

Paying taxes to bail out failed banks is the patriotic thing to do. LOL


6 posted on 09/22/2008 5:06:56 PM PDT by cripplecreek (Paying taxes for bank bailouts is apparently the patriotic thing to do. [/sarc])
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Tublecane
The U.S. government is likely to make a profit from these actions.

People keep forgetting that the guys on the other side of the table on this deal are professional traders. Suckering the other guy out of a few points or a few percent is what these guys do. IF they are offering you the deal of a lifetime, it is because it will be the deal of a lifetime - for them - if you take it.

If there was a profit to be made proportionate to the risk these guys would have their own money in it. They have already raked off the profit. This is just about passing on the business about patiently waiting to get some of your money back. That is what these guys do for a living.

21 posted on 09/22/2008 5:43:08 PM PDT by AndyJackson
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson