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Alleged WH Shooter Oscar Ortega Inspired by Alex Jones

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Obdicut (Now with 2% less brain)11/21/2011 7:07:35 am PST

re: #248 000G

No, but that was one black hole, right there.

Well, no, it wasn’t. Some of the money went to an over elaborate construction project; those wages aren’t a black hole. The bulk of the problem was how it was financed, with tons of money being funneled to the banks giving them the CDO-style loans. So again, the money didn’t disappear into a black hole, it went to those banks. That’s not a very good place for money to go, and it’s not very helpful for the economy in the current way the banks operate, but it’s still not money simply vanishing.