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Alias Born 09/26/2009

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Friday, 05/14/2010 1:21:58 PM

Friday, May 14, 2010 1:21:58 PM

Post# of 83044
One of the problems is U.S. banks dont want to lend money to risky small businesses when they can invest it in U.S. treasuries at a guaranteed profit. Big Gov bails out the banks, the banks in turn buy U.S. treasuries, then leverage the free bail-out money at 10X on bank credit to gamble in the stock market.
The bailout money was supposed to be used to help small businesses & lend to consumers, but it aint workin' out that way. Consumer lending is at an all time historic low, issuance of U.S. Treasury bonds is at an all time high, the national debt is at an all time high & small businesses & the average middle class consumer is barely making it.
USA is a tough neighborhood now - lotsa' corruption like we used to see only in 3rd world countries :)
http://www.businessinsider.com/henry-blodget-wall-street-2010-5

CPRK - turn the lights back on & pull some precious metals out of the ground. You seen the price of gold lately??? Silver??? C'mon - are you kidding me???? Call Warren Buffet or China - secure a loan, do whatever it takes..............

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