It’s awesome! Fed to lend $20 billion to banks It’s sort of like the Hybrid’s that the American car manufacturers were first to make instead of the Hummers Japan made.
It’s awesome if you stop to think about it. You see in our Psuedo-Free Market-Adam Smith-Invisible Hand-Friedman-Corporations only have to make money-Economy the more you screw up and the bigger you are the more likely you are to get help from the government.
How sweet it must be to be an American Bank that can pressure corporations to perform by squeezing pennies, out-sourcing jobs, laying off tons of Americans, blaming the vicitim for being swindled, not giving raises that offset inflation, going to war, cutting taxes, continuing to allow the pay of corporate senior management to increase to over400 times the guys in the middle they look to fire, allowing kids to be poisoned by lead, tell us to eat less fish to avoid mercury poisoning, all the while not have to worry about going bankrupt. How awesome!
Man, Friedman was fucking brilliant. It’s like a period scheme