INFINITY SQUARE

COMMENTARY FROM THE RIGHT ON ISSUES OF THE DAY... WORLD EVENTS, NATURAL DISASTERS, MARKET FORECASTS, POLITICS AND MORE.

Sunday, July 27, 2014

GE Bolts?

GE is said to be spinning off it’s Financial Sub, which is apparently the largest private U.S. credit card issuer.  My guess?  Unlimited credit card availability, even to the homeless, is funded by floating worthless sub-prime paper.  When the chickens finally come home to roost, the banksters hive off their troubled business to unsuspecting retail victims who end up holding the bag.

The credit card business has been a license to make big money hand over fist.  Pay attention when the banksters run for the exits.

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