[QUOTE=kazbates;662502]
Quote:
Originally Posted by 93terp
As for my statement about the lenders being reluctant to lend, that is not my opinion. It is from experience and research while helping my daughter who is looking to buy a house and from my neighbor who is trying to sell her house. Perhaps it is different in other areas, but that is how it is here in my neck of the woods.
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I never disagreed with your statement about lenders being reluctant to lend. This is one of those unintended consequences of the TARP that is absolutely abhorrent. On this fact we are totally in agreement. However, your original post would lead someone to believe that the ONLY intent of TARP was to stimulate the economy and that is simply not true. The Feb 09 Stimulus package was passed SOLELY to stimulate the economy. I stand by my original response.