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To: tobyhill

borrow $1 billion at 3% and loan it at 1%. At a lost of 2% per billion.


4 posted on 05/18/2011 6:46:42 PM PDT by 4rcane
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To: 4rcane

Assuming we ever get anything paid back at that 1% interest rate. I wouldn’t hold my breath. But we WILL be paying back that loan at 3% - you can bet on it.


35 posted on 05/19/2011 7:00:42 AM PDT by allmendream (Tea Party did not send the GOP to D.C. to negotiate the terms of our surrender to socialism.)
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