Gov'g trying to pressure banks to lend
I know our federal gov't is giving/lending billions to the financial industry, but today's news that they are trying to pressure them to lend more is just plain wrong. Banks are trying to build up their reserves and implementing "old school" lending qualifications to get them back to what they should be...Conservative lenders.
By attempting to get banks to lend, we are encouraging similar practices that got us into this mess in the first place! This is what I mean when I say the gov't can't fix anything and they certainly have no right to tell these banks they MUST lend! I don't care if our gov't owns 75% of their stock, they still don't have a clue how a bank should be run responsibly.
Just one more reason the $700 billion was a sham!
|All times are GMT -5. The time now is 10:31 PM.|
Powered by vBulletin® Version 3.8.7 © Copyright 2000-2012. PatsFans.com Is a Partner of USA TODAY Sports Digital Properties. This site is owned and operated by I&K Internet Design Enterprises, LLC
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.1
The opinions posted in this forum do not necessarily reflect the opinions of our staff at PatsFans.com or USA Today.
We are not affiliated with the New England Patriots™ or the NFL™. The Photo Used In the header was taken by Ian Logue.
© Copyright 2000-2012. PatsFans.com Is a Partner of USA TODAY Sports Digital Properties.
This site is owned and operated by I&K Internet Design Enterprises, LLC