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Madman · 01-20-2009, 09:02 AM

I'm sure the banks will somehow find a way to spin this into no drop or a 12% increase.

A couple weeks ago, there was some knob on Rutherford trying to defend why banks don't pass on the full rate cut - crying about how it costs money to lend moeny and how banks need to go borrow their own money to lend it out....sure, the banks have no money.

01-20-2009, 09:02 AM	#3
Madman Franchise Player Join Date: Mar 2004 Exp:	I'm sure the banks will somehow find a way to spin this into no drop or a 12% increase. A couple weeks ago, there was some knob on Rutherford trying to defend why banks don't pass on the full rate cut - crying about how it costs money to lend moeny and how banks need to go borrow their own money to lend it out....sure, the banks have no money.