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The Fed is giving them money at no interest

Posted on: March 20, 2020 at 09:18:29 CT

meatiger MU

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M.O.B. Votes:

so they can borrow off of that if they need cash

If they were smart, maybe they could offer some people that do have some cash discounts for some prepayments....like for every $100 extra you pay, you get $120 credit, or something like that.

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

on suspension of payment obligations - meatiger MU - 3/20 09:02:44

gvmt has no right to do anything (nm) - pickle MU

- 3/20 09:27:53

I agree with this assessment(nm) - 4TigersinMichigan MU - 3/20 09:25:51

I think the banks have to be careful - Mormad MU - 3/20 09:16:37

The Fed is giving them money at no interest - meatiger MU - 3/20 09:18:29

They don't necessarily want people pre-paying - Mormad MU - 3/20 09:21:37

New loans - meatiger MU - 3/20 09:24:03

a COVID-19 Memorial in Central Park? (nm) - ashtray UF - 3/20 09:23:39

the majority of people voted for it and continue to do so (nm) - ashtray UF - 3/20 09:06:51

Coronaphobia is no different than any other dooms day cult - tigertix MU - 3/20 09:05:36

not amazing at all, nearly everything the feds do falls into - 90Tiger STL - 3/20 09:04:25

That sounds like a 4tigs answer - meatiger MU - 3/20 09:05:52

of course we deserve from gvmt what we've given it. - 90Tiger STL - 3/20 09:45:17

Unfortunately, crises - meatiger MU - 3/20 09:55:47

so do non-crises (nm) - 90Tiger STL - 3/20 10:22:55