Replies

To: Vermont Lt

So, in essence, we pay the owners of the member banks a 6% cut of the action.

The "action" last year was over $90 billion. Dividends were $1.6 billion.

31 posted on 10/01/2013 2:13:10 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)

To: Toddsterpatriot

So 1.2 billion to the shareholders is OK? When the treasury did the job well for years?

32 posted on 10/01/2013 2:39:41 PM PDT by Vermont Lt (Quis custodiet ipsos custodes? Who will watch the watchers?)

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