I just heard a story on NPR about a small business owner that was seeking a loan to expand her day care facility. She went to her bank, a large national one, and despite her excellent credit, they refused to provide her with a loan.
It's just so insane that "we the people" bailed out the large banks and yet they refuse again and again to support small businesses.
The question is WHY? For starters, with the millions we gave them, they're able to just sit on all that cash and earn interest. They've also decided that it's just too much work and less profitable to provide a small business owner with a loan when they can focus on much bigger deals to increase their profit margins.
I recently closed all of my Bank of America accounts for that very reason. We should all be banking at a local community bank because they actually care about small businesses, the backbone of the US economy. Let's all start to make smarter choices with our collective economic power to improve our societal conditions, especially since we really can't count on our politicians for much these days.
Friday, May 25, 2012
Tuesday, May 22, 2012
What's in those breasts?
What's in those breasts? Girlfriends-listen to this story. Very interesting. http://www.npr.org/2012/05/16/152818798/breasts-bigger-and-more-vulnerable-to-toxins
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