Thank you President-Elect Obama. The first bunch of cash infusion into the banks hasn’t reached consumers. Instead it went as dividend payments to bank shareholders or is propping up balance sheets or has been used to make acquisitions of other distressed banks by the bigger banks.

In fact, it is a non event. Half a trillion dollars and it was like spitting into the wind. It has had zero affect as intended. Consumers and small businesses haven’t received any of these dollars which is a shame if not bordering on criminal. This system must be fixed and fast before all of the money goes away and is used in a manner that was not intended by our Government. We must always remember that these dollars are OUR dollars, our tax dollars, and our balance sheet that the government uses to borrow this money. These deficits will be inherited by future generations. We must see a benefit from these loans. No one has signed up to help the banks if the banks won’t help consumers and businesses.