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URL:  http://boards.fool.com/putting-an-end-to-lending-money-to-banks-at-0-and-30430073.aspx

Subject:  Re: An interesting Fiscal Cliff observation Date:  12/13/2012  11:43 AM
Author:  gwartinez Number:  411188 of 454768

Putting an end to lending money to banks at 0% and borrowing it from them at 2% would also destroy the TBTF banks, and the global economic system. No more Goldman, no more Citi, no more Wells Fargo, etc. None of these banks are solvent because they are loaded to the gills with assets that are marked to fantasy. The only way to keep them functioning (and keep the $100M bonuses flowing) is to prop them up with this massive corporate welfare.

The sad thing is, we probably don't want to see a world where the government stops subsidizing these banks. It would essentially require implementing a new global economic system in a relatively short time period, and would probably result in war.
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