President Obama says he’s going to have a “serious talk” with bankers today to pressure them to provide more credit. Why? Well, because if you’re upside down on your house today and want to take advantage of low rates, your bank is just as likely to say, “eh, no thanks, we’ll just keep making money.” We’ll discuss this and more on today’s edition of Coffee and Markets, a daily podcast from The New Ledger on politics, policy and the marketplace with Francis Cianfrocca, brought to you by BigGovernment.com.
You can subscribe to the podcast by following the links above, and if you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.