Believe It Or Not, Banks Are Lending

There's this joke going around the mainstream media, including the lying liberal media ( as opposed to the lying rabid right wing conservative business media) that banks aren't lending. Ha ha. Pretty funny. It's total bull***. Since mid 2011, banks have been lending aggressively. US commercial banks have grown their loan portfolios by $600 billion or 9.2% since mid 2011. That doesn't count the $356 billion in Agency MBS they've added to their portfolios since mid 2009. The banks are not only len...