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I don't believe making a profit was the government's intention. Stopping a credit freeze was. Would you have the US government behave as a payday loan lender? I
by srj 12y ago
I don't believe making a profit was the government's intention. Stopping a credit freeze was. Would you have the US government behave as a payday loan lender? If not then what's your point?
- tormeh 12y agoWhy couldn't the government offer those loans directly to main street until the credit freeze subsided? Just take one of the worst banks, nationalize it when it goes bankrupt, sell everything except the lending branch and use it to lend to main street with printed QE money. Divide it into bits and sell it when economy looks good again.
- crdoconnor 12y ago>Would you have the US government behave as a payday loan lender? Yeah, towards the big banks I definitely would.