It's the Economy, (Stupid)

[Harry Hood]

http://www.marketwatch.com/story/story/print?guid=D289BB7E-8A2B-4EFD-8A90-5AC4889BE274


WASHINGTON (MarketWatch) -- The government's $700 billion bank bailout bill has met its goal of helping bring the financial markets back from the brink, but has so far failed to increase lending from the banks who received the taxpayer assistance, a key government overseer reported Sunday in a generally critical review of the program...


It seems like like any decent news regarding the economy lately is followed way too quickly by news reports sounding a little ominous... this nation best be hiring SOON !!

[msmith198025]

"Stated another way, even if TARP saved our financial system from driving off a cliff back in 2008, absent meaningful reform, we are still driving on the same winding mountain road, but this time in a faster car," said the report.

Man, I think this is so true. The gov. is not the ones to give us that reform though

[Bob Haller]

yet the banks risky loans caused the large losses to begin with.....

if they return to the who cares loans rules people will be mad.

either way bank loses