If the banks borrow from the Fed at zero percent and loan it out it is all profit anyway regardless of the rate they charge. It is all about risk, will they get repaid. I believe the banks are not loaning because they can put their money into basically risk free instruments and with factoring get a great return with near zero risk. Ever watch The Money Masters movie on YouTube? Long but very well done.
Banks never have risks! they are theives and leaches. their product is YOUR money. If they lose it all, they cry and get a new Ice Cream cone from mommy gov't.
the banks were bailed out, spent the money and then kicked everyone out of their houses to sell them at 100%.
ask anyone that lost their house, as soon as they asked for help the payments and terms doubled and they lost.
When I go bankrupt, all my freinds will have new bikes and motor homes, every line tapped to max and a half, each kid will have their own house.
Hello Barack? yeah, its Double D, Your welcome for all the tax money.....sure....Uhh Yeah I quite. you can have all your stuff back. It is here in the drive.
If you need me I am in line looking for hand outs... Thank you for the lesson on how to get rich in the USA!!!!