Small Business: Tax Cut Deal Won't Spur Hiring

Schmvck (you don't mind if I call you 'schmvck', do you?) -

The BANKS gave out big mortgages to people who the banks knew couldn't afford to make the payments, then the BANKS bet on that happening, sliced and diced those mortgages with other loans (student loans, car loans, appliance loans, etc.), RESOLD them 1000 different times (slicing and dicing them at each sale so that when We The People learned about this scheme it couldn't be traced and undone), and then you and I paid to bail the BANKS out!

When houses go into foreclosur­e in numbers like these, it affects EVERYONE -- The value of everyone's homes plummet.  And as more houses go into foreclosur­e, more people lose their jobs, then more homes go into foreclosur­e because those people can't afford to make their mortgage payment. 

Are you sort of, kind of, seeing the light?

You're either a rich banker or you're real happy that breathing is an automatic function, not something that you need to remember to do.
About Small Business America
Read the Article at HuffingtonPost