Trillion dollars

[Wildcat]

As an after thought and so that nobody jumps to the wrong conclusion, my post above is NOT in reference to the President, but rather the house and senate folks that tend to lack forethought on the bills they write and tacking on garbage that should not be there.

[Up In Smoke]

and the three men i admired most,
the father
son
and the holy ghost,
they caught the last train for the coast......the day...the music died.

                                                                        IMHO

[Up In Smoke]

"You cannot legislate the poor into freedom by legislating the wealthy out of freedom.  What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else.  When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation.

You cannot multiply wealth by dividing it."

                                                       ~~~~~ The late Dr. Adrian Rogers, 1931 – 2005 ~~~~~

[Smoking Duck]

The way I see it is we've bailed out the banks and what has that done to stimulate the economy?  Nothing.  We've bailed out the auto companies and what has that done?  Nothing.  Now, imagine (since they're going to give out the money regardless of whether we like it or not) if they paid off 90% of the mortgages, what effect that would have on the economy?  90% of America would then be free to take that money that they've been using to pay their mortgage and put that back into the economy.  I believe that would be the fastest way to stimulate the economy and spur job growth.  However, that is simply a pipe dream.  The government will not doing anything to help the lowly homeowner.  They'll do everything to help big business and we'll get exactly what we get every time.  Nothing.  It is time for thinking outside of the box.  All politicians ever do is the same thing over and over again.  Those who learn nothing from history are doomed to repeat it and quite frankly, there is not a better organization at doing this than politicians.

[Oldman]

I could get into a long post here but I will not. What pisses me off is we pull down a credit score of something over 840!!! But our long time bank (which recieved millions in tax dollars) has wacked our credit line by 150K and wants the new one secured with our equipment.

Basically I told them to *uck off, to kiss my *ss, but they could keep their new blow job!

We have NEVER been late in a payment in our business history. We carry a minimun balance at any one time that is at least 100K. We peak several times per year over 250K.

Talk about bullchit...

I gave my word to that bank that as long as we had a business loan with them I would not change banks. I have one small loan of 20K. I've been thinking of just paying it off and moving to a new bank.

[Smoking Duck]

I'd write a letter to the bank and tell them of your plans to do just that unless they come to their senses.  What have you got to lose?  Did you see when all those Big Bank CEO's were on Capitol Hill and one of the politicians asked all those who had raised their interest rates after the taxpayers had bailed their banks out to raise their hands?  Every single one of them raised their rates after the very same people that were doing business with them gave them the money to stay afloat.  That's truly the case of biting the hand that feeds you.

[Caneyscud]

I could get into a long post here but I will not. What pisses me off is we pull down a credit score of something over 840!!! But our long time bank (which recieved millions in tax dollars) has wacked our credit line by 150K and wants the new one secured with our equipment.

Basically I told them to *uck off, to kiss my *ss, but they could keep their new blow job!

We have NEVER been late in a payment in our business history. We carry a minimun balance at any one time that is at least 100K. We peak several times per year over 250K.

Talk about bullchit...

I gave my word to that bank that as long as we had a business loan with them I would not change banks. I have one small loan of 20K. I've been thinking of just paying it off and moving to a new bank.

I'm behind ya Olds.  I have absolutely no compassion on anybody that if you let them would lend your own money back to you at a rate up to 1000% or more than what they pay your for it.

Additionally, it was their greed and stupidity that got us where we are today.  They did not 'have' make all those 'bad' loans.  They could have opted out.  And now after bailing them out, they are making it super hard to get this thing started again.  You bring a deal to most around here and they will require 25 to 35%.  Ain't many developers with that kind of green.  And even if they did, not many would take the risk with their own money.  Construction is dead because of the bankers.  Went out into the gulf today on a fishing trip and the guy I went with told me even if he wanted to buy a new boat, he couldn't - the banks will not lend money on boats right now.

Shakespeare
The Bard of Hot Aire
Threadkiller Extraordinaire'

Shakespeare