Reply #7: Yes, All These Companies That Have Gone Bankrupt [View All]

[On the Road]

or laid off half their workforce are just part of the plan to get government assistance.

:eyes:

The author is correct that the credit crunch is overstated by the media. I talked with Bank of America a couple weeks ago about a new home equity loan, and they're still in the business of lending money. But it certainly exists and is severe enough to be a major cause of the recession.