[noonereal]

Originally Posted by Charles

Wouldn't you like to be able to borrow discounted money from the Fed Reserve, and then turn around and loan 10X as much, along with a couple of points, back to the Treasury?

An oversimplification, but close enough for hand grenades.

And if that ain't good enough, once you get large enough, the government privatizes profits and socializes losses.

Ain't it grand???

Chas

damn socialists