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View Diary: Conventional wisdom, wrong as usual (189 comments)

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  •  right.. and where's the loan money that was (0+ / 0-)

    supposed to be freed up?  That was the whole point, right??

    "Those are my principles, and if you don't like them... well, I have others." - G. Marx

    by Skeptical Bastard on Mon Nov 30, 2009 at 12:34:38 PM PST

    [ Parent ]

    •  yes, indeed, where is that loan money. It is (0+ / 0-)

      with the WALL STREET BANKS!  They did not loan out on the money or otherwise free up the credit.  They simply pocketed it for themselves.  

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