Making More Loans!

The White House has asked banks and financial companies to start lending again. A lot of these banks are going to be receiving our federal tax dollars, so they better start lending. This is what keeps America moving, and if the banks don’t start landing soon it’s only going to get worse. And if you think about it, isn’t that how banks make their money? These banks are going to need to step up and start lending to support the American economy. If they don’t start lending the US government should step in and take the money back. Or better yet, maybe try to run the bank. After all the American people are going to be shareholders in these banks and financial institutions. Anyway, the only way the economy and this credit crunch is going to break is when the money starts to flow again. I feel so far that the government has done somewhat of a fair job to thaw the credit system. If the money doesn’t start to flow soon we will be right back in the 1930s again.