Off-Topic: That is BS, GF
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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   That is BS, GF
Date:   5/21/2010 7:26:58 AM

I work with many banks every day ... they want to lend and are having a problem now with excess capital because business are not borrowing. They must invest excess capital in US Treasuries which is yielding near zero.

The problem is not banks not leading ... but the fear Obama has created with government spending, burden on businesses, not focusing on real economic growth. This fear results in businesses not taking risk to expand due to uncertainty.

Wake up and realize that Obama and the dems have been focused on an agenda of socialism rather than what will grow the economy and create jobs. This agenda puts a huge burden on business and tax payers, which creates fear to take risk and borrow.

Why would a business want to take risk to borrow to expand capacity and create jobs when there is so much uncertainty and lack of confidence and what the socialist administration will do next that is anti business and anti growth.

Stop living your socialist dream and realize the US will be in the same trouble as Europe soon unless something is done ... after all Obama is trying to mold the US in the image of Europe.
Other messages in this thread:View Entire Thread
Weekly Jobless Claims up 25,000 to 471,000 - MartiniMan - 5/20/2010 9:08:17 AM
     Weekly Jobless Claims up 25,000 to 471,000 - Dixie Drifter - 5/20/2010 1:19:23 PM
          It is all Bush's fault (nfm) - water_watcher - 5/20/2010 1:28:41 PM
               Weekly Jobless Claims up 25,000 to 471,000 - GoneFishin - 5/20/2010 7:01:26 PM
                    May's Market Performance - lotowner - 5/20/2010 8:49:40 PM
                    That is BS, GF - water_watcher - 5/21/2010 7:26:58 AM
                         Follow up GF - water_watcher - 5/21/2010 7:32:46 AM
                              Follow up GF - MAJ USA RET - 5/21/2010 8:16:36 AM
                         That is BS, GF - Barneget - 5/21/2010 3:24:35 PM
                              That is BS, GF - water_watcher - 5/21/2010 6:31:41 PM
                    Small business financing - MartiniMan - 5/24/2010 12:36:01 PM



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