April 16th, 2009 by Alex

“The truth is that a dollar of capital in a bank can actually result in eight or ten dollars of loans to families and businesses, a multiplier effect that can ultimately lead to a faster pace of economic growth.” President Obama 4/14/09

And that is a good thing why? Who wants economic growth that is dependent on ever-greater indebtedness to banks? I know I sure don’t. The only people who want that are people who either don’t get it, or who are working in the interest of the banks.