November 2011
2 posts
Also...
re: aforelinked Keyholez on banks:
What banks got in bailout $ when they desperately need it is quite analagous to a payday loan.
Which do not come at almost 0% interest.
They come at high rates, with some moral condemnation and disrespect along for the ride.
If the banks had been punished, some CEOs fired — anything! — then the payback of $ could legitimately be a victory.
Also — as...
keyholez: banxxxxxxx →
Keyholez is right about the facts. However, lending unlimited pots of money to entities that desperately need it at close to 0% interest and getting no changes in behavior, structure, or management as a result is legitimately something to be mad about I think. Desperation loans deserve a hell of a lot more than we got.
keyholez:
It occurred to me yesterday that a lot of the complaints about...