Talk of The Villages Florida - View Single Post - Request For A Thoughtful Response
View Single Post
 
Old 01-13-2009, 06:29 PM
Guest
n/a
 
Posts: n/a
Default

On this point I may be a little naive but who is it the banks aren't lending to? I can get a home loan, second mortgage, car loan and all the credit cards I want. In fact I get more offers now. I know several small and medium business owners who's numbers are suffering as well but they aren't having any trouble with business loans, flooring, etc. Our company with 200 employees is doing great and is even hiring some folks. No credit problems there either.

Maybe the one's having trouble with financing are the ones that shouldn't be getting financing in the first place. Anyone I've talked to in recent months that has a decent credit rating can get loans including businesses. It's bad but I don't think its panic time. Like I said, we've been through this before and the market will work itself out. When has it ever not? The only time was the great depression and like now the government starting throwing money at the problem and it only prolonged it.

Funny how during the Reagan years the left was throwing a conniption over his 200 billion deficit. Now they want to lump trillions on it and they don’t even bat an eyelash. What’s wrong with this picture?

I still say a big fat no to any more bail outs.