January 15, 2010

Money is begining to flow

How to Stay Positive in a “Challenging” World

I attended a Builders Meeting last night, and they had a panel of 7 bankers talk about lending and our economy. In summary, things got tight and no lending occurred. Now, there are many restrictions and/or controls to avoid the problems that were created, but lending is occurring. Primarily, for a round peg to fit into a round hole. If anyone does not fit within the boxes, it is very difficult. Again, lending is occurring and though it is a tough and slow road we are on, we are moving. The overall consensus was that we are or have been at the bottom, and we are on our way out of this recession. Though I heard several sad stories, it was good to talk with people that believe things to be getting better.

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