700 Billion Dollar Bail Out Plan Does Anyone Care?

[DickWilson]

Ya, but Jay, not all business can possibly go to a cash basis. Car dealers need credit to obtain inventory, Farmers and ranchers need credit and credit lines to obtain stock, seed, fertilizer and equipment. We can't feed the country anywhere from only local farms, to many mouths period. Free up the credit, then for the banks into full disclosure. As long as the banks don't trust each other, let alone we don't trust them, credit will stay dried up. I have friends in business with Stellar credit who are having their credit lines curtailed to the point they can't do business. And these are local banks.

dick wilson