The Big Picture - Macro Perspective on the Capital Markets, Economy, Technology, and Digital Media

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “Impact of TARP on Credit Cards”

1. wunsacon Says:
   November 16th, 2008 at 5:50 pm

   What do you do NEXT year??? Another trillion?? They might as well be talking about colonizing Mars. You can spend money on a program to do it. But, you’re not going to land there this year or next.

   So, if the credit card companies can’t securitize, don’t they have to ration credit? Doesn’t that mean that real interest rates should go up?