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bossy22 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-21-11 12:28 PM
Response to Reply #4
5. one phrase
"cutting off your nose to spite your face" You may feel that BOA losing money is a "good thing" so that they can "feel the pain the rest of america feels" but you are really hurting average americans. when banks start to lose money they are less likely to lend. With less lending less businesses can make improvements and increase hiring. Also they will be less likely to approve mortgages so less americans will be able to afford homes.
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