DsrtRngr2's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/251995/comments http://seekingalpha.com/article/98526-tarp-is-just-the-beginning-barron-s?source=feed#comment-274089 274089 "The key problem plaguing capital markets and the U.S. economy is the frozen credit market, with borrowers unable to obtain credit and lenders unwilling to extend it. "

Lenders refuse to lend to each other because they can't determine the credit worthiness of the borrower.

TARP killed the FASB transparency rules. TARP killed any chance of determining credit worthiness of the borrower. Thus, no new lending.

Thus, Congress again is the cause of turning a recession into a full-blown depression.]]> Sun, 05 Oct 2008 14:14:59 -0400 "The key problem plaguing capital markets and the U.S. economy is the frozen credit market, with borrowers unable to obtain credit and lenders unwilling to extend it. "

Lenders refuse to lend to each other because they can't determine the credit worthiness of the borrower.

TARP killed the FASB transparency rules. TARP killed any chance of determining credit worthiness of the borrower. Thus, no new lending.

Thus, Congress again is the cause of turning a recession into a full-blown depression.]]> http://seekingalpha.com/article/92850-is-this-the-death-of-gold-silver-stocks?source=feed#comment-240293 240293
Like how many times have we heard this line... even if it's true.]]> Wed, 27 Aug 2008 14:37:31 -0400
Like how many times have we heard this line... even if it's true.]]>