News Focus
News Focus
Replies to #6771 on The TradingEdge
icon url

GLENO34

12/03/10 1:53 PM

#6773 RE: hawk #6771

LOL..You have it right..Wall street gets the money from the Fed at ZERO interest and buys the Gov't debt and gets 2.5 % interest..no loan applications to fill out and no loss reserves required...boy what a deal..I don't know why the Gov't needs a middle man..Just send our creditors a big box of newly printed money..
icon url

TREND1

12/03/10 2:00 PM

#6777 RE: hawk #6771

hawk
Have you ever been in China?
.
In China you have to pay off many more people
to get any thing done.
.
But they have no unions.
But they do not pay for K to 8th grade education.
But they do not pay for heart operations.

Could this be way they end up with the market !
.
By the way when that BIG Dam is completed, it will
provide 19% of their electrical power.