Replies

To: RDasher

by issuing up to 60 billion new shares

You must have missed this part.

28 posted on 05/05/2009 9:37:48 PM PDT by Centurion2000 (We either Free America ourselves, or it is midnight for humanity for a thousand years.)

To: Centurion2000

I didn’t it was 60 MILLION not 60 BILLION the article is WRONG

39 posted on 05/05/2009 9:53:38 PM PDT by RDasher ("El Nino is climate, La Nina is weather")

To: Centurion2000

by issuing up to 60 billion new shares

So their strategy for corporate “solvency” is the same as for national monetary “solvency,” simply print a lot of new paper and push it out.

The result, of course, will be the same. It will devalue the current value of each piece of “paper” already in existence, in this case, the stock.

119 posted on 05/06/2009 5:15:46 AM PDT by Ghost of Philip Marlowe (The most dangerous fascists are those with a warm smile and soothing voice.)

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