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dkf

(37,305 posts)

5. Do you understand what that number represents?

Reply to Fire Walk With Me (Reply #1)

Sun Mar 3, 2013, 03:59 PM

Mar 2013

That is the lower interest rate the banks are paying because people who loan to banks assume the government will step in if the banks are in trouble.

So the government says they have put together a plan that lets the banks fail but the market is calling BS.

That BS call is worth $85 billion to the banks.

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Highlight:

Should the sequester be repealed or replaced? [View all] ProSense Mar 2013 OP

The area to cut is painfully obvious and completely solves the "problem" : Fire Walk With Me Mar 2013 #1

makes sense to me. . . . n/t annabanana Mar 2013 #2

Does it have to be either or? ProSense Mar 2013 #3

It should be utterly ignored and the real problems solved. Fire Walk With Me Mar 2013 #4

Do you understand what that number represents? dkf Mar 2013 #5

Let it ride. I'm curious to see what happens. Throd Mar 2013 #6