Strangely enough I watched this on the Daily show with Jon Stewart. It appears that some of our biggest banks in the U.S. are getting money with Zero interest(in other words money for free) from the Federal Reserve and then loaning it to the U.S. Government and making a fortune by charging the government interest for doing this. So, we as taxpayers will eventually have to pay this interest back to the banks for loaning (our own money) from the Federal Reserve to the banks for Free. There is something seriously wrong with this because it may drive our children and grandchildren into bankruptcy if we are not already there.
So, if you will notice, no matter what the stock market is doing on any given day or week, banks continue to make billions at all our expense long term.
To the best of my ability I write about my experience of the Universe Past, Present and Future
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