Monday, February 23, 2009

Banks Lending More!

"Banks need to start lending again!"
That has been the rallying cry from DC, over the past several months. While, I've found that small town banks are carrying on business as usual, the large ones and Wall Street appear to be be frozen up.

As you can see from this graphic from the St. Louis Fed, it is a good thing that the small town banks are still lending and carrying the USA forward.

Perhaps it would help if the national media looked beyond the Beltway and Wall Street for their information.

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