Here’s an\u00a0article\u00a0on the same topic from CNN Money that actually cites some real numbers on just how tough things remain for Main Street<\/a>, and maybe just a little bit why small- to medium-sized business owners are still chafed over the bank bailouts from the fall of 2008.<\/p>\n And yes, small business and personal households are truly suffering under a crippling credit crunch that does not have an ending point in sight.<\/p>\n From the link in the second graf:<\/p>\n Small business loans continue to dry up at the nation’s biggest banks. Eleven top TARP recipients — including Wells Fargo, by far the nation’s\u00a0largest lender<\/a> to small companies — cut their collective small business loan balance by more than $2.3 billion in December, according to a Treasury report released late Tuesday.<\/p>\n The drop marked the eighth consecutive month of declines for the 11 banks. In that time, their total loan balance has fallen 7%, to $169.4 billion. Seven of the reporting banks have cut their small business loan balance every single month.<\/p>\n “Credit is still tight for many small businesses,” the Treasury acknowledged in a Feb. 10 report.<\/p>\n The 22 banks that got the most help from the Treasury’s bailout programs have been filing monthly lending reports to the government, and since April, they’ve been required to break out their small business lending. But as of this month’s report, the 10 banks that have completely repaid their bailout funds in June are no longer required to divulge their lending.<\/p>\n<\/blockquote>\n I’ve done a lot of blogging about the ongoing credit crunch, and last week exposed an article at Forbes that attempted some\u00a0linguistic\u00a0sleight-of-hand to argue — quick look at my waving hand over here — there is no credit crunch. Here’s an\u00a0article\u00a0on the same topic from CNN Money that actually cites some real numbers on just […]<\/p>\n","protected":false},"author":4050,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-336651","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/336651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4050"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=336651"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/336651\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=336651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=336651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=336651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
![\"\"](\"http:\/\/feeds.wordpress.com\/1.0\/comments\/davidkirkpatrick.wordpress.com\/6777\/\")
![\"\"](\"http:\/\/feeds.wordpress.com\/1.0\/delicious\/davidkirkpatrick.wordpress.com\/6777\/\")
![\"\"](\"http:\/\/feeds.wordpress.com\/1.0\/stumble\/davidkirkpatrick.wordpress.com\/6777\/\")
![\"\"](\"http:\/\/feeds.wordpress.com\/1.0\/digg\/davidkirkpatrick.wordpress.com\/6777\/\")
![\"\"](\"http:\/\/feeds.wordpress.com\/1.0\/reddit\/davidkirkpatrick.wordpress.com\/6777\/\")
![\"\"](\"http:\/\/stats.wordpress.com\/b.gif?host=davidkirkpatrick.wordpress.com&blog=2464417&post=6777&subd=davidkirkpatrick&ref=&feed=1\")
<\/p>\n","protected":false},"excerpt":{"rendered":"