All Payn, No Gain

How odd is it, that our Inflation Press will come to the rescue with $200 billion dollars in "loans"  to be given to the multi billion dollar corporations.  Their rational is to "save" these corporations from creating a chain reaction of collapse through our financial system.

These loans will come in the way of government money.

In return, the government will accept as collateral their worthless pile of financial crap that have become toilet paper.

These mortgage backed securities.

These subprime loans  bundled into beautiful looking AAA grade securities.

You might as well just give them $200 billion dollars and say thank you for taking the tax payers money.  Would you like some inflation with that?

I suppose, the government already gave the barely tax paying public $100 billion dollars in "tax rebates" to stimulate the economy and another $60 billion to other assorted business folk.

I suppose the really big money makers felt left out and went to Uncle George looking for their hand out.

I feel so left out in this orgy of free money.  The money is raining down from all corners.

Since I'm the one paying taxes,  I think I'm the biggest sucker of them all. 

I suppose I should just take it like a man.

All Payn, no gain.  

He'll I'm even looking at a 10% wack job in my payment rates come July 1st.

How screwed up is that?

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