Monday, August 17, 2009

It's Happening Now

For homeowners, credit is still marginally difficult to secure even as most banks have received federal assistance to resume fair and prudent lending practices. But, while even the most intellectually challenged banker can make money borrowing short at next to free and lending long at around 5%, few banks are doing so. Why? Do they know something we don't? Is there another shoe to drop?

FOX Business Neil Cavuto uncovers it is happening as we speak.



Unfortunately, the economic policies of the current administration, which can be summed up as an assault on small business, is prohibiting the marketplace from resuming economic growth. Yes, a jobless recovery.

If these proposed actions, from excessive new regulation, increased taxation, "skyrocketing" energy costs under cap & trade to the insane prospect of government run health care, the prognosis for real recovery is bleak.

The commercial real estate sector cannot bounce back without small business expansion, which is fueled by entrepreneurs who start and expand small businesses, and thus occupy office and retail space. The current environment is not supportive to small business. A sad situation indeed.

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