Direct Loans vs. Guaranteed Loans

By Dustin, on August 26th, 2010%

Let’s pretend for a moment that you’re a bank.  You make money by loaning people money and them paying you back with interest.    So what stops you from loaning money to whomever wants it?  The risk is that the person won’t be able to pay you back.  Let’s say though, that some guy comes . . . → Read More: Direct Loans vs. Guaranteed Loans

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Banks come first, then the poor, then maybe the economy

By Dustin, on July 30th, 2010%

As I mentioned before the giant increase in the 2009 budget deficit that everybody is acting so freaked out about was  caused by a 400$  billion loss in tax revenue as well as an almost 562$ billion increase  in outlays.  Where did all that money go?  A lot of that extra spending was made . . . → Read More: Banks come first, then the poor, then maybe the economy

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