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MARKET WRAPS Stocks: European stocks made modest gains on Thursday with the mood buoyed by recent economic data and some positive corporate news. Read Shell Shares Rise on Solid 1Q Guidance Investor focus turned to the U.S. labour marke... | 05:57am
Specifically what you do look for government sources of funding, state sources of funding for example for a lot of what you to but it sounds like what you need is equity and if you're going to raise equity, you have to have a plan. you got to sit down and figure out how we are going to grow this business because getting equity means whatever investors are going to speak to are going to look at what will eventually be my return from this investment. >> why do you think equity, why not a loan? >> i got the impression that he has exhausted the loan avenue so i would absolutely recommend getting a...
Have been dramatically worse for the american economy, so unemployment would have been much higher. the economy would not be growing today and the fiscal burden for the country, for the future for our children would have been dramatically higher, trillions of dollars potentially for us. so this was a classic example of the basic reality of governing by principle, which is you do what is right in the interest of making things better, even if it's short-term politically costly because the consequences are likely to be worse longer term. so i'm sure it was a better strategy than those alternative...
Of concern. you cannot have a system which -- a financial system earns money without people being able to borrow again, raise equity, raise debt, that's part of what is necessary to let economies grow. you cannot have growth without credit. when credit is available you will see banks starting to be able to be in business again. >> the way you guys have been and the administration have been handling this has been the stimulus package, help on the mortgage front, help with the auto sector, the federal reserve has been pumping liquidity into the system. at some point that has to end. do you worry...