Banks Hoarding money- Socialism!!!!!

iVillage Member
Registered: 09-26-2008
Banks Hoarding money- Socialism!!!!!
3
Tue, 10-28-2008 - 2:56pm

This is what the $250,000 and up people are doing with

iVillage Member
Registered: 08-28-2008
Tue, 10-28-2008 - 3:02pm
I seriously though my head was going to explode when I heard this report this morning.
iVillage Member
Registered: 10-23-2008
Tue, 10-28-2008 - 3:23pm
OMG! Strange sensation creeping over body....weird....alien....AAAHHHH!!!! What is it? Find....self....agreeing....with....W!!!!!

(no, really, on this one, I DO!) He's right, of course: banks exist to loan money to spur growth and help people meet their obligations, not to hoard it or try to use it to buy each other out at bargain-basement prices. Here's a great post from a few days back with some good ideas on the subject:






Banks “We have better things to do with that money you gave us than lend it out”
By: Ian Welsh Saturday October 25, 2008 4:02 pm

0
diggs

Konichiwa, Bitches!
McCain LOST???

iVillage Member
Registered: 10-07-2008
Tue, 10-28-2008 - 4:06pm
The socialism is in our tax dollars buying stock in banks.