Banks and corporations borrow money from the FED (YOUR MONEY) at zero interest, and use that to speculate, buy back their own stocks and inflate their stock values. Meanwhile the poorest borrow at exorbitant rates - often from payday lenders, and at many 100s or 1000s of % interest. Its time to switch that up, and reverse it. Make speculators pay draconian rates, and let the poorest borrow at 0% interest - students especially. In fact, they should be paid to get an education.
Posted on: Tue, 09 Sep 2014 01:29:50 +0000
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