Klient Banku

Right now, the ball is in the major banks’ court. These banks could be and should be lending money to small business most importantly and to consumers secondarily with lower interest rates and fewer restrictions. But they refuse to.

This is causing Congress, the White House and the federal reserve to continue their own “easy money” policies which will reverberate for years to come, likely causing (among other things) higher taxes.

Why are the big banks doing this? And, what needs to be done (other than what is being done) to get the big banks off their “assets” and lend more money where most needed?Submited by:Willing Parttisipunt

Comments»

1. Lash LaRue - October 14, 2009

I think they have to pay all their stock holders…and investors…screw the public

2. ronald.glass@sbcglobal.net - October 16, 2009

I think You have to regulate or force them into lending money or threaten to pull their charter. The federal and state governments can do this for the public’s benefit and the benefit of the total economy. Hopefully they (the banks) will convert to Christianity before this is necessary.

3. MyNameAShadi - October 18, 2009

Banks are not lending because it can make money elsewhere/there is high risk to lending currently.

Banks can always invest money into Government bonds. US Treasuries are a safe investment, but the interest rate is low. However the investment is secure.

Banks are not willing to lend to businesses/people because of the risk involved. Why would banks lend to a business that very well could go under? Banks lose money will businesses default. To say that they should be lending, is an erroneous statement. If you want Banks to make these loans, to which they will lose money, will make them require another bailout.

The Banks are doing this so they can make money, which is the goal of any company. If the banks do not make money, the taxpayer never get their money back and possibly even need another bailout.