February 12-2009:
The National Economy Will Not Budge Until?
For those of you who are prone to point the finger to the president.
* President Barack Obama can send or release billions in the economy.
* He can also cut taxes for all and sundry too.
* And give banks all they need or ask for.
But this will not budge the economy one bit.
When bankers starts to lend again. When those mortgage errants are allowed some moratorium for several months from paying their mortgages.
When the foreclosure's STOP.
And when Wall Street Investors and Brokers stop using their leverage to inhibit economic growth through FEAR.
Then and only then, will we see some real changes in the national economy!
Derryck.
NYC.
NYC.
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