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Originally posted by GrndLkNatv
Did you all ever figure out one thing?? If they markets fail, the rich are poor as well. Why would they want to shut it all down and join us all in a rocks and sticks war? They don't want that..
Originally posted by zeeting
According to zeitgeist, mortgage foreclosures are ILLEGAL. There was a test case and the bank lost and the guy kept his house. Anybody know why that precedent isn't being used to keep people in their homes ?
/52bx34
Bank Failure Facts
* According to the FDIC, from 1934 through 2007, there were only two years with no bank failures, 2005 and 2006.
* The year during that period with the most bank failures was 1989, when 534 banks closed their doors.
* During the savings-and-loan crisis (1986-95), 2,377 banks failed, representing 67 percent of the 3,559 bank failures from 1934 through May 2008. At the peak of the crisis (1988-1989), 1,004 banks failed, a rate of one failure every 1.38 days.
Bank Failures by Decade
* 2000-2007: 32
* 1990-1999: 925
* 1980-1989: 2,036
* 1970-1979: 79
* 1960-1969: 44
* 1950-1959: 28
* 1940-1949: 99
* 1934-1939: 312
According to the FDIC website, only 13 banks have failed in 2008 so far.
It sure seems like we've been through tougher banking times before and got by without having to foot the bill for a huge bailout to the banks!
By year-end 1994, the number of commercial banks had declined from a
1984 post-war high of over 15,100 to roughly 10,500, and average bank size
had risen from roughly $250 million to $360 million in inflation-adjusted
1996 dollars. (The number of savings institutions—savings banks and savings
& loan associations—was also declining, from more than 3,600 in 1985 to
just over 2,100 in 1994.) In addition to merging charters, more institutions
were becoming affiliates of bank holding companies. Thus, if the bank holding
company is considered the relevant measure of an individual banking
organization, the number of firms in the industry declined even more. By
year-end 1992, 71.7 percent of domestic commercial banks were affiliates of
bank holding companies. For discussions, see Savage (1993), Samolyk
(1994a), Holland et al. (1996), and Rhoades (1996).
Originally posted by GrndLkNatv
What will you do with it all? Again, if you hold all the water in teh world, what good is it? It's worth nothing as you the holder of it all will still die and all of your efforts are for nothing, a complete waste.
That's why smart people like bill gates give back to the world as they soon find out they are going to die no matter what and all of the efforts in those short 75 years are all worthless.
In 100 years nobody will even care nor know who Bill Gates was, but in a million years billions will still worship Jesus Christ on every Sunday... Which one was the meglomanic idiot and which one had nothing?
[edit on 3-10-2008 by GrndLkNatv]
Originally posted by ProfEmeritus
reply to post by bruxfain
I agree. Neither non-payment of taxes nor violent overthrow are the answer. We cannot condone such actions, since we then become as evil as they are, and we are better than that.
Please also remember that it isn't the ENTIRE Congress that perpetrated this treason. There are still 171 members of Congress that had the courage to vote against this bill:
clerk.house.gov...
Let's make sure that those that voted NAY are re-elected, and those that voted YEA are DEFEATED.
Originally posted by bruxfain
reply to post by reconpilot
Actually, I suggested that you find more responsible ways to deal with your problem to save your own life. I am 99% certain that you are wrong in you analysis of what is going on in this world and this country and 100% certain that if you run up on the owner of this house; you won't survive long enough to repent it.
So you can get all the fools pumped up to storm the heights and the same thing will happen to you that happened when they tried it in November 2005.
Its called compassion not cowardice, but you can believe what you want.
Originally posted by eradown
reply to post by reconpilot
Violence will not work. At this moment the banksters are able to use the military against us. In the coming months and years, rivalry will form between the military and the banksters. At that point, things will become more interesting. Both sides will want to be popular with the peons. For now do not use credit. The banks which have gained the most from cronism are listed in zeitgest. Do not get mortgages with those banks . Learn to barter and work off the books occassionally. Hobbies such as glass blowing, blacksmithing and making ammo will become lucrative. If you already have a mortgage with an evil bank, refinance with a bank not listed as one of the evil banks. Do not join the military and do not encourage anyone else to join the military. While many of the sailors and soldiers are good people none of them should be enforcing the will of a bunch of greedy banksters.
[edit on 4-10-2008 by eradown]