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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (536402)12/14/2009 3:25:53 PM
From: i-node  Read Replies (3) of 1578283
 
saying they were obliged to help repair the American economy after being saved by the taxpayer-funded bailout.

This is a totally child-like statement. It is like striking the deal with the car dealer only to find the floor mats weren't included in the price. You have to nail that shit down BEFORE you sign the papers. Most adults know that.

Of course, that isn't the answer here. The current arrangement makes it financially advantageous for banks not to lend money and take risks. So, why in hell would they do it?

They can borrow money, essentially at no cost, and invest that money for a risk-free return. Why would they lend to risky small business owners?

Secondly, small business owners DON'T WANT TO BORROW. Times are so uncertain they're not interested in borrowing, AT ANY PRICE. Because it has to be repaid and there is so much government-induced uncertainty in the economy it just doesn't make sense.
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