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JulieBelzeski's avatar

This explains so much. I applied for an SBA Loan with 3 different regional banks during 2024 - they all drug the approval process out for months only to eventually deny me during the final, final stages of underwriting, and not even for a financial reason - they were going to put a lien against my personal home which has over a million dollars in equity - I was only asking for $400k - AND I was contributing over 25% for my “equity injection”, so basically a 25% down payment - and they ALL still said no - their reasons varied from “you’ve never operated a restaurant before” to “we don’t like that business sector” (I was buying into a franchise which has over 30 stores in Florida and throughout the US) and one was because another franchisee who they had done the loan for ended up going through a divorce and was fighting with their spouse so they had stopped making payments on their SBA Loan - totally unrelated to the business and me!

But yeah, if they’re getting paid to sit on their capital, of course they can afford to be fickle and downright apathetic about loaning money to small businesses!

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Shari Sebuck's avatar

Oh man! That stinks …. Of all the corruption and entitlement that banks are known for. Every now and again you’ll find a good person who, beneath their breath, will tell you exactly how to make something happen or how to navigate a situation. Coming from a family of small business entrepreneurs - my sons recently opened a small business (in SC) and the only loan they could get was through First Citizens Regional Bank (after trying many others). If you have one near you, maybe try them? Much success to you.

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Be Kind's avatar

Thank you for all of your hard work, including staff.

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David Records's avatar

END THE FED!!

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Gabriella's avatar

Audit, then end the fed. Enough.

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Lulla buy's avatar

People are too tolerant of thieves.

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Willard Hall's avatar

the age old story: With usura hath no man a house of good stone...

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Jay Horton's avatar

Good one Willard.

Later Jay

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ABIGAIL REPORTS's avatar

The fight is on.

Biden-Appointed Judge Shockingly Rules Against Birthright Citizenship — Ninth Circuit Says Children of Foreign Diplomats Are NOT Automatically U.S. Citizens.

https://www.thegatewaypundit.com/2025/08/biden-appointed-judge-shockingly-rules-against-birthright-citizenship/

The Ninth Circuit Court of Appeals has just ruled that a man born in New York City in 1950 is NOT an American citizen.

The court affirmed what the Constitution’s framers and generations of Americans have always understood: the Fourteenth Amendment does not grant automatic citizenship to children born in the U.S. to foreign diplomats.

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Kevin Beck's avatar

If the Fed wants to remodel their offices, they should be transferred to a shack on the front lawn of their current building. And don't give it any air conditioning.

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Nancy Parsons's avatar

They should pay for it out of the pockets of those who own it (it's held privately and is not a part of the Federal government), not the taxpayers.

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Willard Hall's avatar

Look into the recapitalization of interest on student loan deferment and forbearance. It is usury !

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Barbara Lee's avatar

Either give citizen taxpayers a controlling say in the Fed or abolish it entirely. Go Trump! Maybe You can solve this problem with a national bank backed by gold.

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Nancy Parsons's avatar

I think it would be very helpful, and useful, if you stated that The Fed is neither Federal, not does it have Reserves. It Is Privately Held, as are all central banks in the Western world. The implications of this are vast, but just start with the fact that it is not an agency, it is a contractor (at best).

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