tag:blogger.com,1999:blog-3276072416212541005.post7086664162935056762..comments2024-02-15T04:24:25.144-05:00Comments on Brown Man Thinking Hard: The "Trickle Up" Effect: Give Blacks Bailout MoneyBrown Manhttp://www.blogger.com/profile/02544490126803327515noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3276072416212541005.post-83178643223126945842008-12-20T12:44:00.000-05:002008-12-20T12:44:00.000-05:00my $35,000 would be a great down payment on this c...my $35,000 would be a great down payment on this claret red Escalade with some cold-blooded rims i've had my eye on for the past year!<BR/><BR/>hmmmm... i think your buddy's plan may work!plez...https://www.blogger.com/profile/03637930826560736172noreply@blogger.comtag:blogger.com,1999:blog-3276072416212541005.post-22092636678659900072008-12-14T20:56:00.000-05:002008-12-14T20:56:00.000-05:00Well, this is our life, writ large (and larger). ...Well, this is our life, writ large (and larger). This is, unfortunately a tenable solution, looking closely like the one being implemented inch by inch as interest rates sneak to zero... "Last week the Fed began printing money to buy mortgage debt directly. The aim is to drive down the long-term interest rates used for most US home loans. The Bernanke speech is being put into practice, almost to the letter."<BR/>http://tinyurl.com/gimmedaloot <BR/><BR/>The Fed buying mortgage debt directly could alternately be considered a delivery of this money, except we don't get to spend it at the mall. The upside? A shorter path to the inevitable hyper-inflation - and anarchy.<BR/><BR/>But, I think they're determined to get to anarchy one way or another - either by watching this high-class banana republic take shape or by letting the banks (i.e. big money gangsta dudes) fail.<BR/><BR/>History says big money gangsta dudes don't fail often, as they got means to, um, disincent that.<BR/><BR/>thx, BMT.<BR/><BR/>hustleandfloeAnonymoushttps://www.blogger.com/profile/12705980152006119230noreply@blogger.com