[lbo-talk] Jon Stewart's bailout idea

[Carrol Cox]

Something very like it must have been made available to farmers in the
early New Deal. This thread kicked in a memory of (part of) an anecdote
I remember my grandfather telling, of going into the bank with money to
make the mortgage payment, and the banker was astounded because he
expected to have to take a much smaller payment. That's pretty vacuous.
Maybe someone on the list knows some history here.

Carrol