“The needs of our economy require that our financial institutions not take this new capital to hoard it, but to deploy it,” Mr. Paulson said. Lend, You Sucker. Bush admitted that the banking system is unstable: “these efforts are designed to directly benefit the American people by stabilizing our overall financial system and helping our economy recover.” Therefore the logical step is to retain it, build its lending capacity, and make it lend even more. Good thinking, George. Down the street are branches of Citibank and Bank of America that I do not patronize. Borrow, You Sucker. It’s my duty … Continue reading Lend, You Sucker
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