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To: P-Marlowe
Hence there is no more incentive to purchase bonds.

Collateralized or, asset based, lending took a big hit. Not from SCOTUS but from Barry and his little boys forcing the plan with total lack of respect for 6,000 of legal precident on secured lending. Read the Book of Proverbs where it talks about taking your neighbors cloak as collateral for a loan. Now, the unions get the cloak, the debtor walks free and the lender loses. Thanks Barry!

453 posted on 06/10/2009 11:47:32 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: April Lexington

6000 years...


454 posted on 06/10/2009 11:48:07 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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