Talk of The Villages Florida - View Single Post - $30 billion to local banks.
Thread: $30 billion to local banks.
View Single Post
 
Old 02-02-2010, 05:37 PM
Guest
n/a
  
Posts: n/a
Default $30 billion to local banks.
Quote:
Obama's message of the day was a proposal highlighted in his State of the Union address last week: funneling $30 billion to local banks so they can lend small businesses money they need to grow their enterprises and create jobs.
Does this Presadent not realize that small businesses won't borrow more money to expand or hire more employees unless there is more demand for their product and or services?

Or is he simply expanding his grab for more private sector contol?