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IS your Bank in Trouble

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posted on Sep, 24 2008 @ 09:05 AM
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IS your Bank in Trouble


morb.wordpress.com

The US Federal Reserve current policy of buying debt, offering cheap loans (to banks and brokerage firms) and generally pushing amounts of cash into the banking system - has ensured short periods of calm , then panic sets in again. When a financial system freezes up, or is loosing money (on depreciating assets) and at the same time systemically unwinding (credit markets) in a dramatic way - this is worrying.

(visit the link for the full news article)




posted on Sep, 24 2008 @ 09:05 AM
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This was predicted in March of 2008. In no way should we bail out the very institutions that would have mortgage holders go bankrupt, but have the nerve to ask to bail them out.

morb.wordpress.com
(visit the link for the full news article)



posted on Sep, 24 2008 @ 09:15 AM
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Originally posted by stphdys


This was predicted in March of 2008. In no way should we bail out the very institutions that would have mortgage holders go bankrupt, but have the nerve to ask to bail them out.

morb.wordpress.com
(visit the link for the full news article)


Thats the real point here isn't it? Banks allowing the little man to go Bankrupt, then get a bailout so they don't have to.

How about the government dole that cash out to the banks in the names of thier debtors, that way you kill 2 birds with one stone:

The little man gets his debt paid and the Banks get the cash they need, and since the little man has to foot the bill anyways it makes sense.

Yeah Yeah I know they can't go around helping the little people.....



posted on Sep, 24 2008 @ 09:24 AM
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Originally posted by ATruGod



How about the government dole that cash out to the banks in the names of thier debtors, that way you kill 2 birds with one stone:

The little man gets his debt paid and the Banks get the cash they need, and since the little man has to foot the bill anyways it makes sense.



Genius! They could also add an extra bonus into our social security accounts. I just cannot believe how complicit our governments elected officials have been in allowing this calamity to befall our once greater nation.



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