|
|
| Re: Food for Thought For Liberals (469533) | |||
 |
|||
| Home > OTChat | |||
|
[ Read Responses | Post a New Response | Return to the Index ] |
|
||
|
Re: Food for Thought For Liberals |
|
|
Posted by docstox on Fri Jul 3 14:06:51 2009, in response to Re: Food for Thought For Liberals, posted by AMoreira81 on Fri Jul 3 14:00:41 2009. You are right about the credit markets staring to ease.The Fed has lowered the Fed Fund rate to almost zero.However, a lot of banks are hoarding that money against their balance sheets and not loaning it out to small business.This I believe will pass in time because the spread is just too good.You get money for nothing (and your chicks for free,LOL) and loan it out at 5 or 6 percent.Business needs to see this money getting in the pipeline.Businesses need to see consumers spending more which they aren't because of job loss fears. Business needs to see C&T dead and a reasonable cost to them of an overhauled health plan.Obama mentioned tax credits to small businesses for providing health care. This storm will pass and business will pick up again.I am optimistic and have invested personally in stocks at this cheap level I believe will profit when business picks up. |
|
|
|