"This unprecedented "spread" in the cost of money makes it unprofitable for any lender who doesn't enjoy government-guaranteed funds to go up against those with favored status. Government is determining the "haves" and the "have nots." That is why companies are rushing to convert to bank holding companies, not a course feasible for Berkshire."
- Leo Laporte
from Bookmarklet
When politics replaces economics in fiscal policy, this is what you get.
- Robert Hafer