I read an article a while back that suggested some of the only liquidity available to US banks during the crisis came from a huge amount of drug cartel cash.
You know why they have done well? The government was not involved in the lending process. Unfortunately, a bunch of crooks are the only ones that have any money. The U.S. government is the enemy of free enterprise in this country. Our money is confiscated from us and fed to the banks who are sitting on the dough. Regulations are strangling small banks and others from lending and it is going to get worse. Where can you go to get capital. How about foreign aid for us???
Another “regulation is strangling us” post. What a surprise on the IJ boards.
Cite an example of a regulation that prevents small banks from lending. You can’t. Because it’s not true. Because there are no regulatiosn preventing small banks from issuing loans. Because all you are doing is repeating what you heard on the Rush Limbaugh show.
The real problem is not the Mafia. A gang of neighbour thugs does not bring down governments. Loan sharking is mainly a last resort, especially when banks start tighten their lending requirements. Imposed requirements by rating agencies, whose rules does not apply equally to every country as per ” One German politician argues that the UK ought to be downgraded too. ” Could this be a new type of war ? Economic terrorism ? Especially when the bulk of the downgrades apply to the makeup of the EU? Makes one wonder, which countries fear a united coherent Europe? Makes one wonder why these rating agencies are so lopsided? Makes one wonder,who are pulling the strings of these rating agencies ?
And we in Britain have the conservatives…
I read an article a while back that suggested some of the only liquidity available to US banks during the crisis came from a huge amount of drug cartel cash.
http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs
I’m not concerned with conservatives but thank God we have the Conservatives to put Britain back on its feet.
Mafia? What Mafia? Fuggetaboudit, will ya’s??
You know why they have done well? The government was not involved in the lending process. Unfortunately, a bunch of crooks are the only ones that have any money. The U.S. government is the enemy of free enterprise in this country. Our money is confiscated from us and fed to the banks who are sitting on the dough. Regulations are strangling small banks and others from lending and it is going to get worse. Where can you go to get capital. How about foreign aid for us???
Another “regulation is strangling us” post. What a surprise on the IJ boards.
Cite an example of a regulation that prevents small banks from lending. You can’t. Because it’s not true. Because there are no regulatiosn preventing small banks from issuing loans. Because all you are doing is repeating what you heard on the Rush Limbaugh show.
You do realize this article is about Italy, not the US?
Mafia, US Banks/Government…Potato,Potto
*Potato, Potato
The real problem is not the Mafia. A gang of neighbour thugs does not bring down governments. Loan sharking is mainly a last resort, especially when banks start tighten their lending requirements. Imposed requirements by rating agencies, whose rules does not apply equally to every country as per ” One German politician argues that the UK ought to be downgraded too. ” Could this be a new type of war ? Economic terrorism ? Especially when the bulk of the downgrades apply to the makeup of the EU? Makes one wonder, which countries fear a united coherent Europe? Makes one wonder why these rating agencies are so lopsided? Makes one wonder,who are pulling the strings of these rating agencies ?