The credit prblmeos are radiating across the US economy, seeping into autos, student loans and commercial real estate. Credit is another word for the financial markets. All credit is the problem. Focusing on home loans is ridiculous. The changes Congress wants are frivolous.Our government is attempting to prop up the stock market again. The financial sector should be allowed to wither. It's time for other countries to lend the money. We don't have it.Yes the government is attempting to get the $1,000,000,000 into next years budget by stalling until after September 30th, the end of our government's financial calender.The Dow should be allowed to fall below 9,000 as it should be.American business needs to clean up it's own mess. If they lent money they need to collect it. That's business.Getting the government to give you more money is welfare. Rate this comment: 0 0
by Daniel 06:57:47 PM 2012.11.01 |