As well as you.
Did you have a mortgage anytime between 1980 - 2008?
Did you have a job anytime in that period and paid taxes?
Then some of your money absolutely fell into the hands of Sachs or companies like Sachs in the form of free loans.
Let me ask you.... you want to start a business that invest in other businesses... you apply for a loan and the bank tells you no problem, and not only that, but we will charge you no interest!! And you don't have to pay us anything till next year, and if you can't pay us then, not an issue....we will give you a new loan to pay that one off and, again, no interest. See how this works?? And whatever profits you make off that loan - you keep!!!. Aren't we swell guys??
Did you have a mortgage anytime between 1980 - 2008?
Did you have a job anytime in that period and paid taxes?
Yes.
Yes.
Neither of which had anything to do with Goldman Sachs.
Then some of your money absolutely fell into the hands of Sachs or companies like Sachs in the form of free loans.
I didn't make any loans to Goldman. Let alone a free one. Did you?
Let me ask you.... you want to start a business that invest in other businesses... you apply for a loan and the bank tells you no problem, and not only that, but we will charge you no interest!! And you don't have to pay us anything till next year, and if you can't pay us then, not an issue....we will give you a new loan to pay that one off and, again, no interest. See how this works??
What does your farcical fantasy have to do with your claim about Goldman?
Sigh...
Still confused?
Hardly son... if you honestly don't know that Obama for 6 of his 8 years had supplied taxpayer funded, zero interest loans to Sachs and other investment banks then I can't help you. At least twice his administration even toyed with the idea of actually NEGATIVE interest, in other words not only would they get free loans, but we would PAY them to take out loans. Again, if you don't know this you should stay clear of economic topics.
Obama for 6 of his 8 years had supplied taxpayer funded, zero interest loans to Sachs and other investment banks
The only taxpayer funded loans I'm aware of were TARP loans and the interest rate was a hell of a lot higher than zero.
Goldman, for instance, received $10 billion on October 28, 2008 which they repaid on June 9, 2009.
They paid dividends of $318,055,555. The Treasury sold their Goldman warrants for $1.1 billion.
$1,418,055,555 of profit in less than 9 months.
Please, by all means, show me your calculations for zero interest taxpayer loans to Goldman.