On Sat, 01 Jun 2013 11:51:06 -0700, "Malcom \"Mal\" Reynolds"
wrote in
Re Disabled
Nation: Record 10,978,040 collecting disability payments:

yes, putting your money in overseas banks really generates jobs, doesn't
it?

Yes it does. Here's how:

1) $$ put in overseas bank.

2) Bank needs to pay interest on deposit so it lends the deposited $$
out and charges more interest than it pays the depositor.

3) Money lent out is usually borrowed by someone who can do something
productive with it, e.g. build a home or factory.

4) That generates jobs.

In article ,
CRNG wrote:

On Sat, 01 Jun 2013 11:51:06 -0700, "Malcom \"Mal\" Reynolds"
wrote in
Re Disabled
Nation: Record 10,978,040 collecting disability payments:

yes, putting your money in overseas banks really generates jobs, doesn't
it?

Yes it does. Here's how:

1) $$ put in overseas bank.

2) Bank needs to pay interest on deposit so it lends the deposited $$
out and charges more interest than it pays the depositor.

provide proof that they pay interest


3) Money lent out is usually borrowed by someone who can do something
productive with it, e.g. build a home or factory.

so some rich guy puts his money in off-shore banks and some other guy
borrows the money from the off-shore bank and creates jobs in the USA?
LOL, that's a clumsy cost-ineffective way of creating jobs when the
original depositor could just create the jobs in the first place or the
borrower could just borrow with less hassle from the guy who is putting
his money off-shore



4) That generates jobs.

not in your scenario

"CRNG" wrote in message
...
On Sat, 01 Jun 2013 11:51:06 -0700, "Malcom \"Mal\" Reynolds"
wrote in
Re Disabled
Nation: Record 10,978,040 collecting disability payments:

yes, putting your money in overseas banks really generates jobs, doesn't
it?

Yes it does. Here's how:

1) $$ put in overseas bank.

2) Bank needs to pay interest on deposit so it lends the deposited $$
out and charges more interest than it pays the depositor.

3) Money lent out is usually borrowed by someone who can do something
productive with it, e.g. build a home or factory.

4) That generates jobs.



You have to understand that lefties do NOT have even a basic concept at how
the banking system operates
They imagine that all that money deposited in a bank, sits in a vault, a la
Scrooge McDuck, reproducing by osmosis in the dark.

"Malcom \"Mal\" Reynolds" wrote in
:

Yes it does. Here's how:

1) $$ put in overseas bank.

2) Bank needs to pay interest on deposit so it lends the deposited $$
out and charges more interest than it pays the depositor.

provide proof that they pay interest


No further proof needed by the OP. You are ovbiously an asshole so further
proof would be a waste of time.

No wonder why you sucking on the "disability" tit.

In article ,
JoeBro wrote:

"Malcom \"Mal\" Reynolds" wrote in
:

Yes it does. Here's how:

1) $$ put in overseas bank.

2) Bank needs to pay interest on deposit so it lends the deposited $$
out and charges more interest than it pays the depositor.

provide proof that they pay interest


No further proof needed by the OP. You are ovbiously an asshole so further
proof would be a waste of time.

No wonder why you sucking on the "disability" tit.

I don't know your mother