Banks big profits and refusal to loan

Discussion in 'Economy' started by Truthmatters, May 25, 2012.

  1. Truthmatters
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  2. Truthmatters
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    so how do we recover if the banks have a make a buttload but refuse to lend?
     
  3. Truthmatters
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    I guess the economy isnt really what the voters care about huh?
     
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    This shows the lending and securities need to be hacked in two again
     
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    lots of views and no answers.

    I guess the right is completely stumped by this information
     
  6. whitehall
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    whitehall Gold Member

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    Banks aren't the enemy you freaking hypocrites. First the left complains about too many loans and the mythical "poisoned loans" then they complain about too little loans. If democrats didn't force banks to make bad loans and mis-manage Fannie to such a criminal degree there wouldn't have been a recession. When are they going to indict Obama's financial adviser, Frank Raines, who allegedly cooked the books to show a fake profit while he was Fannie CEO? Raines walked away with 90 Million dollars for three years work.
     
  7. Intense
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    Intense Senior Member

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    Yeah, let's lend more money to people who have no intention or means to pay it back. Let's pressure the lending institutions to bend to our will, again, against reason, and hold them to blame, again, through intimidation and threat, again...... when the shit hits the fan. Great idea. We can dump it on the Tax Payers, again. You are so great with other peoples money. How much have you managed to save on your own? :)
     
  8. Truthmatters
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    No one but brain dead cons think that CRA caused this problem.

    It was the bas loans rolled into securities that caused it.

    Is there any cons with anything in their brains but fox propaganda?
     
  9. Intense
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    Intense Senior Member

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    TM is a few moves from going back to the Pound.
     
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    Why would they lend when they have other ways of making money?
     

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