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To: Moonman62
I wonder how our forefathers in the West ever accomplished what they did without micro-credit.

Who says they didn't have microcredit? You could take out small loans from general stores in the Old West.

15 posted on 10/13/2006 4:00:47 PM PDT by Alter Kaker ("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
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To: Alter Kaker

The development of extensive banking systems both on the large and small scales was indeed crucial in the rise of the West.


23 posted on 10/13/2006 4:17:52 PM PDT by Strategerist (Those who know what's best for us must rise and save us from ourselves)
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To: Alter Kaker

So if this isn't a new idea, then it shouldn't be worthy of Nobel prize.


26 posted on 10/13/2006 4:28:56 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Alter Kaker; Moonman62
"I wonder how our forefathers in the West ever accomplished what they did without micro-credit."

I wonder where the term "grubstake" came from, and what it means.

29 posted on 10/13/2006 4:39:55 PM PDT by NicknamedBob (If you want to make a raccoon, you will first need to get a raccoon kit.)
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