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Re: moneymogul2b post# 51057

Tuesday, 09/18/2012 5:09:47 PM

Tuesday, September 18, 2012 5:09:47 PM

Post# of 51429
As I see it. The 40 billion a month is suppose to buy the bad loans that the banks are carrying. The banks were making big money when houseing was going up, big bonuses for all the bankers, now not so much. The government is now buying these bad loans, which means we the taxpayer are buying the bad loans so the bankers will look stronger and can start giving themselves more big bonuses in the future. That is how the system works, we always went to make sure that the rich stay rich.

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