This is just going to make things worse! STOP HOARDING

@ersmommy1 (12596)
United States
November 13, 2008 1:32pm CST
Banks are failing to use public funds to make credit more available and to help troubled homeowners, said Sen. Christopher Dodd, D-Conn. Congress did not pass the bailout plan so banks could hoard the money or use it to scoop up faltering rivals, he said. Banks warned to stop hoarding!! http://money.cnn.com/2008/11/13/news/economy/dodd_hearing/index.htm?postversion=2008111310 I wonder just how far do they think the American people can bend over?
1 person likes this
5 responses
@mtdewgurl74 (18118)
• United States
14 Nov 08
Not far before we break that is for sure. I have a bank account and the way banks are getting nowadays it has me worried and I am feeling that I would be better off with my money at home in the safe. That way if something bad happens I know my money didn't go down with it.
@mtdewgurl74 (18118)
• United States
20 Jan 09
Thanks for the best response I appreciate it.
• United States
5 Dec 08
I don't know. Market analysis is beyond my skills.
@ronaldinu (12439)
• Malta
5 Dec 08
It seems that it is going to be hard time for everyone worldwide. It is the same story in my country at the moment. I hope that this bleak period passes quickly. © ronaldinu 2008
@stephcjh (32327)
• United States
13 Nov 08
I know what you mean. It keeps getting worse for all of us daily. I am not sure what all of us are going to do in the coming days if things do not change for the better.
@lilybug (21145)
• United States
13 Nov 08
I heard on the radio today that foreclosed on homes last month was up 25% from last October. Gas prices are going down and people still cannot get ahead.