Government buys $1T of securities

[saden1]

Originally Posted by firstdown

The reason my bank is in business is because they did not go out and loan money to everyone who asked for a loan. Thats called ggod business and if the goverment stayed out of the loan process from the get go we not be in this mess like we are now. Its a fact that some people should just rent because they either do not pay their bills or they cannot afford the cost of a home. In just the past two weeks I called my bank and got two loans because I have good credit and pay my bills.

Good business is worthless in the face of high unemployment. Look around, good companies are hurting even though they've made sound decisions. In a depression many who have good credit and pay their bills will end-up with bad credit and unable to pay their bills.