Saturday, October 10, 2015

looks like good news might be coming our way


In what can only be described as a miracle, Congress is poised to pass a massive infrastructure bill that is funded by eliminating billions in Wall Street subsidies. Even Republicans are on board. The banks are in full panic mode. 2900 are paid about 350 million dollars apiece, every year, to be part of the Federal Reserve system. I'm not sure why, other than they set the system up to make money off it while doing nothing to earn it... but, congress decided they can pay the banks either 1/4 or 1/2 of that, and use the remaining 17 billion dollars to start fixing infrastructure like roads and railroads, bridges, etc.

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