For anyone who follows the stock market, you can see almost all sectors showing growth. Is this growth or just stimulus money? It is my opinion that this has just been a combination of stimulus money to the banks along with downsizing of companies.
To date, we have seen several financially strong companies that have not been approved for their development loans. You have to wonder what the Fed was thinking giving money to the financial sectors with little or no strings attached. These banks shored up their holdings, refusing to loan these funds until the interest rates rose high enough to make a windfall on our (The American People's Money). The fed should charge these institutions double digit interest on all our money they borrowed that hasn't been loaned out to the private sector. The economy will be held back until the banks start loaning the funds to businesses for development and growth.
The time has come to move beyound this stagnation.
