[cgbg]

Investors want to get on the Fed cash infusion list—then they will be happy.

Everybody wants a handout these days.

Time for my favorite Ayn Rand quote:

“When you see that in order to produce, you need to obtain permission from men who produce nothing –

When you see that money is flowing to those who deal, not in goods, but in favors –

When you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you –

When you see corruption being rewarded and honesty becoming a self-sacrifice –

You may know that your society is doomed.”

[Sirius Lee]

Investors want to get on the Fed cash infusion list—

In attempting to forestall a traditional bank run, they've invented a new kind.