I am so impressed by these banks paying their debts back to us. I hope they all end up doing so. I was seriously afraid that none of them would and we would end up with the debt later on (or our grandchildren). The only worry I have about this is that the money goes directly to the debt that they borrowed the money from. We might get this economy back on track yet. At least paying back the debt if nothing else.
The money payed back will not go to the loans the government took out. They will just spend it on something else. Your grandchildren will still have to pay for it.
I guess you do not understand the point of my post.
They never needed the money in the first place.
That is can be nearly the only reason why they are able to repay it now. This whole thing was a ruse to create an air of financial panic.
ML/NJ
Oh don't worry about that. there will be plenty of debt on our grandchildren with the other trillions Obama is spending, none of which is going to be paid back by anyone except us in interest payments on the national debt.