Tough Talk from the Man
0 comment Monday, June 2, 2014 |
This little clip would be even more amusing if it weren't true.
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As I am wont to do, I will again shout from the rooftops: THE BANKS CAN'T LEND BECAUSE OF THE COMMERCIAL REAL ESTATE CRISIS!
And, despite what you may have heard, the banks have not paid back the billions we gave them in bailouts. Not really. Sure, a few have paid back the TARP funds so they can resume paying big bonuses, but that's it.
Check out this lovely red and green Christmas graph. The red, by the way, is the amount still unpaid.

(Click on graph for larger image)
Source: It Takes a Pillage
Yet we're still letting the banks cook the books.

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