Alive and Well!

Banks come, and banks go. The financial system appears to be in crisis, but that crisis is caused more by people losing their heads than by real danger to you and me. Stick together, people. Be good and even generous to one another. We’ll get through this thing all right, but we’ve got to stick together.

Meantime, if you want to know what’s happening, you can call us anytime. 801-787-2162 or 801-310-3407. Or stop by for a drink. We’re open. And we’re staying open.

Here’s the reminder quote of the day, as the captains of industry fight with the titans of Wall Street to see if you’ll be allowed to go buy a house one day:

George Bailey: “Just a minute – just a minute. Now, hold on, Mr. Potter. You’re right when you say my father was no businessman. I know that. Why he ever started this cheap, penny-ante Building and Loan, I’ll never know. But neither you nor anyone else can say anything against his character, because his whole life was – why, in the twenty-five years since he and Uncle Billy started this thing, he never once thought of himself. Isn’t that right, Uncle Billy? He didn’t save enough money to send Harry to school, let alone me. But he did help a few people get out of your slums, Mr. Potter, and what’s wrong with that? Why – here, you’re all businessmen here. Doesn’t it make them better citizens? Doesn’t it make them better customers? You – you said – what’d you say a minute ago? They had to wait and save their money before they even ought to think of a decent home. Wait? Wait for what? Until their children grow up and leave them? Until they’re so old and broken down that they… Do you know how long it takes a working man to save five thousand dollars? Just remember this, Mr. Potter, that this rabble you’re talking about… they do most of the working and paying and living and dying in this community. Well, is it too much to have them work and pay and live and die in a couple of decent rooms and a bath? Anyway, my father didn’t think so. People were human beings to him. But to you, a warped, frustrated old man, they’re cattle. Well, in my book he died a much richer man than you’ll ever be.”

The Bailey Building and Loan is alive and well at 60 West Main Street in Lehi.

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