Low Federal Reserve Lending Rate-Effects?

The very low commerical lending rates of the Federal reserve since the Wall Street and banking debecle of 2008 followed by poor domestic economic performance certainly can make one wonder about the policy. I am not an economist-these are just ideas that have arisen in regard to the phenomena of market and U.S. economic news.

http://www.federalreserve.gov/releases/h15/data.htm

If banks can borrow vast quantities of money and invest in China where the g.d.p. is still fgood enough, something like 11% annually, then the banks and financial sector can make a lot of money, the Chinese economy rescieve continuing U.S. Government stimulus helping to build a better, more competetive economy versus the U.S. economy, and Americans can remain unemployed.

Well, if banks and Wall Street can make profits with computer trading taking on debt obligation a hundred or more times their assets, and if the U.S. Government will bail them out when their gambles on the market occassional fail, how can that deal be beat? Sometime a reform of the new age of electronic gaming of the market and finance may be made to restore material production to its basic value, yet probably not in the lifetime of a generation being skimmed by the best quants and bureaucrats investing abroad ever.