Corporate welfare for banks

[Coke]

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http://www.marketwatch.com/story/banks-got-direct-corporate-welfare-study-says-2011-04-26?reflink=MW_news_stmp

[foodserver]

More blind links. 

yawn...

[Observer]

I don't even click on them.

If somebody want a discussion, they need to at least express an opinion and demonstrate some basic knowledge of the topic before I  get involved with it.

[ivanm]

I clicked on the link, and it is the same old tired mantra.  When times are tough and the outlook is cloudy banks will buy Treauries beause they are a low risk venture. The name of the game is to hunker down and survive until things pick up again.

Lack of lending can hurt the business community, and the new car dealers felt the pinch as loans became hard to come by for all except those with top credit ratings.  However, the article tells only part of the story.  If consumer demand is soft due to a weak job outlook then all the cheap money in the world won't increase the demand.

I am not a champion of  the banks and I think they have a license to steal, but this story just didn't tell the whole story.  Who is the villian here, the banks taking tax payer dollars in the form of interest or the God damned idiots in WDC who are going to bankrupt us? 

[IM2]

If somebody want a discussion, they need to at least express an opinion and demonstrate some basic knowledge of the topic before I  get involved with it.

Such is why you should never be talking about the constitution.