Quote:
Originally Posted by freedogger
We bought bad mortgages from them paid for by an increased deficit that we all owe. What part did I miss?
|
the part where both links you posted specifically state they didn't buy bad mortgages.
Quote:
|
the securities the government is buying will generate more money than it costs the government to borrow the funds to buy.
|
Quote:
|
We are not going in and buying bad assets. What we're doing is simply exchanging assets that we already hold the insurance on and the reason we're doing this is to get out in front. The issue here is not protecting the banks
|
What's your take on 9/11??