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BAR BAR is offline
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First recorded activity by BoatBanter: Jun 2007
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Default So, how does the Fed boost the economy?

John wrote:
"HK" wrote in message
...
JoeSpareBedroom wrote:
wrote in message
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Well, they take $200 billion that we've borrowed mostly from China,
and loan it to banks!!!

http://money.cnn.com/2008/03/11/mark...rss_topstories


Meanwhile, another division of Smoke & Mirrors, Inc. goes after Spitzer
for "unusual financial transactions". Right. :-)


For what it is worth, a colleague who is rather "connected" in DC told me
today that he thought Spitzer was being "targeted" for other reasons.
"The amounts of money the news reports say triggered the bank to label
them as possibly suspicious are too small for that."
But he's just speculating.


I read somewhere else that the whole story seems way too fishy, like he was
targeted for some reason. Like maybe they needed to find at least one
democrat after all of the republicans that have been caught with their hands
in the cookie jar, or caught in homosexual acts or pedophile acts or......


When Mr. Clean took to the podium with his wife by his side he never
denied anything.


 
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