December 17, 2008

Free Money!

The Fed just dropped its prime lending rate to .25%, which is a pretty damn good interest rate if you can get it. I'm at 14% with my credit card, 6.5% with my car and 4.5% with my student loans. Maybe I should get a Fed loan! I would much rather pay .25%! What does it take to become a bank? Can anybody do it? Could the First Mattress Trust qualify?

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