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Re: NYBob post# 1770

Wednesday, 07/24/2013 1:33:58 PM

Wednesday, July 24, 2013 1:33:58 PM

Post# of 9289
Gee, I guess it's time for me to take on some debt! Oh wait they are not talking about wiping out debt on the books as bank assets. I heard once that the bailout funds for banksters in the US would have been sufficient to pay off all home mortgages outstanding at the time, underwater or not, which of course would have had the side-effect of solving the claimed root cause of the liquidity crisis.

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