Government makes 4 billion from its 700 billion in loans!

Discussion in 'Economics' started by peilthetraveler, Aug 31, 2009.

  1. http://finance.yahoo.com/news/Repor...9.html?x=0&sec=topStories&pos=3&asset=&ccode=


    Wow good news huh? I mean...thats a .5% return on investment for the year. Wow! After inflation is factored in, they lost about 23.1 billion though.

    But now the interesting thing about this article is it is not reporting all the facts. Its not reporting the money they lost on some of the banks, only the money they gained. Talk about propaganda!

    We know for a fact they lost 23.1 billion in buying power even with the 4 billion in profits. How much have they lost total though? They wont report that in the media. It would cause a panic.