Hmm...maybe this is the end game of the government...

Discussion in 'Economics' started by peilthetraveler, Sep 16, 2008.

  1. So we have something like 8 trillion of public debt that doesnt look like we are ever going to get out of. If you had this much debt how would you pay it off?

    I dont know about you, but I would make bailout loans, while taking major stakes of equity in some of the biggest corporations whos stock price has got hammered so i could collect interest checks to pay off my public debt, then when everything is stabilized i would sell off my shares for a nice sizable profit.

    You know...if it works for Carl Ichan, surely uncle sam can pull it off too.

    Actually think about it...they made a loan to AIG and charged 9.5 points to make the loan. 10 billion dollar market cap...they get thats 8 billion dollars the government got to make an 85 billion dollar loan which equates to 9.5 points. Man, i knew a guy that i thought was getting ripped off when he paid 2 points on his loan!