We should remove private banks

[donaldduckmoore]

Banks helped create this economic crisis and yet they become one of the big obstacles to our economic recovery, see link below. Once again, are private banks any good for us?

http://www.chron.com/disp/story.mpl/business/6407158.html?ref=patrick.net

[ucodegen]

Ok.. let me see here.

The banks are bad when they have credit standards that are too loose.. loaning to people that don’t have a reasonable chance of paying off the loan.

and banks are bad when they then decide to tighten credit standards.. and not loan to people who don’t have a reasonable chance of paying off the loan.

My suggestion: Make up your mind!!!

[ucodegen]

Ok.. let me see here.

The banks are bad when they have credit standards that are too loose.. loaning to people that don’t have a reasonable chance of paying off the loan.

and banks are bad when they then decide to tighten credit standards.. and not loan to people who don’t have a reasonable chance of paying off the loan.

My suggestion: Make up your mind!!!

[ucodegen]

Ok.. let me see here.

The banks are bad when they have credit standards that are too loose.. loaning to people that don’t have a reasonable chance of paying off the loan.

and banks are bad when they then decide to tighten credit standards.. and not loan to people who don’t have a reasonable chance of paying off the loan.

My suggestion: Make up your mind!!!

[ucodegen]

Ok.. let me see here.

The banks are bad when they have credit standards that are too loose.. loaning to people that don’t have a reasonable chance of paying off the loan.

and banks are bad when they then decide to tighten credit standards.. and not loan to people who don’t have a reasonable chance of paying off the loan.

My suggestion: Make up your mind!!!

[ucodegen]

Ok.. let me see here.

The banks are bad when they have credit standards that are too loose.. loaning to people that don’t have a reasonable chance of paying off the loan.

and banks are bad when they then decide to tighten credit standards.. and not loan to people who don’t have a reasonable chance of paying off the loan.

My suggestion: Make up your mind!!!

[DoJC]

And what would be the alternative? Do you actually think that government run institutions would be better?

Weren’t Fannie/Freddie/Indy one of the first entities to encounter massive problems? How did these GSEs fare?

[DoJC]

And what would be the alternative? Do you actually think that government run institutions would be better?

Weren’t Fannie/Freddie/Indy one of the first entities to encounter massive problems? How did these GSEs fare?

[DoJC]

And what would be the alternative? Do you actually think that government run institutions would be better?

Weren’t Fannie/Freddie/Indy one of the first entities to encounter massive problems? How did these GSEs fare?

[DoJC]

And what would be the alternative? Do you actually think that government run institutions would be better?

Weren’t Fannie/Freddie/Indy one of the first entities to encounter massive problems? How did these GSEs fare?

[DoJC]

And what would be the alternative? Do you actually think that government run institutions would be better?

Weren’t Fannie/Freddie/Indy one of the first entities to encounter massive problems? How did these GSEs fare?

[ibjames]

well.. the thought would be that a standard would be created that couldn’t be deviated from.. IE: 20% down and credit score is used, mirror for fogging is thrown away

[ibjames]

well.. the thought would be that a standard would be created that couldn’t be deviated from.. IE: 20% down and credit score is used, mirror for fogging is thrown away

[ibjames]

well.. the thought would be that a standard would be created that couldn’t be deviated from.. IE: 20% down and credit score is used, mirror for fogging is thrown away

[ibjames]

well.. the thought would be that a standard would be created that couldn’t be deviated from.. IE: 20% down and credit score is used, mirror for fogging is thrown away

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