Talk of The Villages Florida - View Single Post - $30 billion to local banks.
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Old 02-02-2010, 10:09 PM
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Originally Posted by dklassen View Post
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?
The big banks won't lend money so the thought is give the money to local banks who know the businessmen in the area.

Think micro banking.