09-16-2009, 12:41 PM
>>Far fewer banks. Big ones got cash and bought other big banks. Little ones went out of business.
Except for the government shoring up banks, thats all normal business.
A lot of small banks have continued to do quite well because they didn't dabble in the sub prime mortgage fiasco.
>>Farmers still can't get loans to plant crops because their local banks went under. Small businesses still can't get rolling loans for payroll. New and usurious credit cards terms are ruining people's lives.
Those are certainly bad things but we're still much much better off than we were a year ago.
>>Say again how much that bailout helped.
>>Maybe if you repeat it enough, someone will believe you.
If you expected the bailout to return us back to pre crash economic levels in a matter of months, you set yourself up for disappointment.
Except for the government shoring up banks, thats all normal business.
A lot of small banks have continued to do quite well because they didn't dabble in the sub prime mortgage fiasco.
>>Farmers still can't get loans to plant crops because their local banks went under. Small businesses still can't get rolling loans for payroll. New and usurious credit cards terms are ruining people's lives.
Those are certainly bad things but we're still much much better off than we were a year ago.
>>Say again how much that bailout helped.
>>Maybe if you repeat it enough, someone will believe you.
If you expected the bailout to return us back to pre crash economic levels in a matter of months, you set yourself up for disappointment.