View Single Post
Old 12-10-2008, 07:31 PM   #2
classicman
barely disguised asshole, keeper of all that is holy.
 
Join Date: Nov 2007
Posts: 23,401
Most of the money is apparently staying within the commercial banks. That which is being spent is covering past debts. How this trickle down shit was supposed to work is beyond me. We could have bought every defaulting loan and still had plenty to spare to waste elsewhere. At least that way more people would have kept their homes... maybe.
__________________
"like strapping a pillow on a bull in a china shop" Bullitt
classicman is offline   Reply With Quote