October 28, 2008

White House To Banks: Lend Money Already!

Posted by Manuel Lora on October 28, 2008 12:51 PM | Post a civil, substantive, and intelligent comment

An impatient White House served notice Tuesday on banks and other financial companies receiving billions of dollars in federal help to quit hoarding the money and start making more loans.

“We’re trying to do is get banks to do what they are supposed to do, which is support the system that we have in America. And banks exist to lend money,” White House press secretary Dana Perino said.

As real world stupidity increases, I find that stories such as this one are, sadly, risking the very existence of The Onion and other parody sites.

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