Quote:
Originally Posted by Thunderball
Agreed. Its not a good idea, but the hope is by doing this, they can spur the economy, encourage intelligent lending, and work through the bad times.
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Well, two out of three aint bad. The US is where it is precicely because of a lack of intelligent lending. All Congress has done is tell the banks that they don't need to worry about changing because the US government will pay for their losses.