Go to Top

April 2009

Where we are at, a perspective 4/14/2009

“The heart of the crisis is that banks stopped lending” President Obama, from his speech on 4/14/2009 In his speech on 4/14/09, President Obama spoke about the current crisis.  We were reminded that the problems with the economy started when banks stopped lending.  He went on to say that people were laid off when businesses couldn’t get loans.  The solution, therefore, is to “free up credit” and “get banks loaning …Read More