The right complains loudly about taxes. Why not a peep about the usurious...

MelissaE1

New member
May 19, 2008
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...interest rates charged by the banks? On loans to businesses both big and small, Credit cards, you name it.
Please, no "don't take a loan if you don't like it" answers. I'm not asking this "for me". The economy needs access to credit for businesses to grow at anything other than a snail's pace.
Note that I said "Banks" not "credit unions"
"Most loans have to be approved by the Obama administration before being accepted". Oh please! Do you think ALL the members of Y!A are stupid enough to buy that one?
 
That is why I switched to a credit union years ago.

Banks are greedy and corrupt.

Also, I'm not on the political right or left, I am one of those crazy people with a mish mash of different ideologies.
 
i complain more about taxes than bank fees because i am forced to pay taxes i am not forced to use credit. i used to complain more about credit cards then i quit using them since then the bills and fees and interest charges have gone away and i can afford to spend money again those things will strangle you. most small businesses are avoiding loans right now as the economy has them scared about the cash flow to repay them with, as business debt starts to drop they will expand on a cash basis. that is a longer but better strategy to build your company with anyway
 
Most loans have to be approved by the Obama administration before being accepted - Obama's regulations on loans are more strict than the banks.

Obama has dried up the credit flow with onerous banking regulations.


Liberals wanted more banking regulations - we got it - credit has been regulated away.
 
Because we HAVE to pay taxes no one HAS to get a loan. The problem with the economy isn't a credit problem.
 
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