WRONG and such a bad manipulation of the truth! Pro is right, banks aren’t lending because no one’s borrowing. There is still LITTLE TO NO MONEY TO BE MADE IN LENDING RIGHT NOW.

The banks are doing what the banks do, profiteering, through trades and 0% Fed insurance rates. The problem isn’t just that hedges and banks are exploiting their deals it’s that the government is enabling it by not reforming; that is to say they are in on the scheme.

The problem isn’t necessarily the mechanisms, definitely not the system, it’s the frggn’ politique.

Similarly, auto sales have declined nearly 50%, even though the auto manufacturers are eager, even desperate, to build and sell more cars. And the same thing is happening with houses, even though getting a low interest loan is as easy as it has ever been, and home builders would trip over themselves to build millions of new homes if people would just borrow.

I know economics is compex and a “science”, but a grade schooler can understand why.

The idiot Barofsky would behoove himself to talk to his children.

In the unlikely case that he doesn’t already know the answer.