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Postman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 08:00 PM
Original message
Someone straighten me out.....
The banks aren't lending? There's a credit crisis?

Where?

Am I missing something?

I'm still able to use my credit card and I just refinanced my mortgage.

What am I not getting here?

Where is the problem? Businesses aren't getting loans? What?
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Joe the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 08:02 PM
Response to Original message
1. I haven't a clue..........
I am wondering the same thing you are actually.
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dweller Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 08:14 PM
Response to Reply #1
5. and may i take this moment to congratulate you on
your new name.
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...
your fifteen seconds of fame has now expired.
dp
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 08:10 PM
Response to Original message
2. I think the credit crisis is for credit for corporations.
In other words big loans.

Of course, I'm only guessing.

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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 08:12 PM
Response to Original message
3. car dealers are promising all kinds of finanacing on my teevee
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nickw Donating Member (53 posts) Send PM | Profile | Ignore Wed Jan-21-09 08:14 PM
Response to Reply #3
4. Car sales are way down
offering good deals ain't the same as actually selling cars.
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Kokonoe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 08:18 PM
Response to Original message
6. I think it goes something along these lines.

Bernie Madoff Was Cheating, That's Why they Invested with Him.
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doc03 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 08:23 PM
Response to Original message
7. Same here I use my credit card to get the points
and pay it off each month. I saw the interest rates for new and used car loans posted at my bank and they said they had no problem financing. I get credit card offers in the mail at least a couple times a week. There is a mortgage company that advertises refinancing of loans every single day on the local talk radio station. To top it off this is Ohio and we are supposed to be hurting so much.
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