enjoy the ride
Sufficient Life
I read a story on the news this morning that the Treasury Secretary is planning to purchase parts of some banks so that they will hopefully use the purchase money to start lending. And, as banking is still regulated more than investment, the government does have a chance of recouping or even making money.
This seems to me to have a chance of improving the situation by making money available to the people who have a need to borrow for really useful purposes and avoids throwing it away down the maws of investment companies where it will just go to enrich a few already rich people.
I hope it's true...............
I alreay wrote my Congressman to hopefully encourage him to encourage the Secretary.............. Iknow, I know but I am ever the optomist.
This seems to me to have a chance of improving the situation by making money available to the people who have a need to borrow for really useful purposes and avoids throwing it away down the maws of investment companies where it will just go to enrich a few already rich people.
I hope it's true...............
I alreay wrote my Congressman to hopefully encourage him to encourage the Secretary.............. Iknow, I know but I am ever the optomist.