MrOffshore |
02-04-2010 09:09 PM |
This is a great "change"...I just wonder if all the people who voted for Obama had any idea of what Obama meant when he said "change"
Until retail and wholesale lending loosen up significantly this country will not see a real rebound in the economy. Cash customers aren't letting go of their cash...and getting financed today is pretty damn difficult by most peoples standards...I've seen people with 840 scores and next to no debt get declined on RV loans under $100K...nice job on bailing the banks out Obama...real nice. They simply shored up their financial statements and aren't lending.
Was it really smart to give the banks money without any kind of stipulations? I guess our experienced Congress and Senate really know what they're doing...good think we rushed this thing through like they demanded....if it didn't get passed right away we could slip into a depression. Well, let me tell you, that still might happen and the majority of the stimulis money hasn't been distributed, but at least all the congressmen got their pet projects on the board....now they can get rich under the table. Corruption, it's the American way!
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