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The FDIC is scheduled to release its Second Quarter Report that could reveal up to 1000 banks expected to croak, surely enough to exhaust their rescue fund by between 20-fold and 100-fold.
The FDIC is scheduled to release its Second Quarter Report that could reveal up to 1000 banks expected to croak, surely enough to exhaust their rescue fund by between 20-fold and 100-fold.
The FDIC is scheduled to release its Second Quarter Report that could reveal up to 1000 banks expected to croak, surely enough to exhaust their rescue fund by between 20-fold and 100-fold.
And we're sitting here debating UHC as if there isn't another foot about to drop. I don't think people realize how screwed we are.
Let me ask you something. Do you hold any truth to the belief that the dollar will not collapse because the US is in better economic shape than most other countries?
And we're sitting here debating UHC as if there isn't another foot about to drop. I don't think people realize how screwed we are.
Let me ask you something. Do you hold any truth to the belief that the dollar will not collapse because the US is in better economic shape than most other countries?
The dollar is bound to collapse when we keep printing money, ask the Chinese to keep buying debt, and the United States buys its own debt. At least the health care debate is taking that heat off this administration.
The dollar is bound to collapse when we keep printing money, ask the Chinese to keep buying debt, and the United States buys its own debt. At least the health care debate is taking that heat off this administration.
NewsFlash..the Chinese are NOT buying the Treasuries in great quantity anymore..Ben Bernake and the Fed are now the main purchasers.
You might want to send that link to Turbo Tax Timmy.
He already knows. Why do you think he always looks so panicked when he's testifying before Congress? Obama and his admin know, too - insert current national health care debate diversion here.
The FDIC doesn't have enough money to guarantee the deposits in the troubled banks (besides Obama's other deficit spending on steroids), hence Tax Cheat Timmy's recent request to lift the nation's $12 trillion debt ceiling. Because the FDIC can't cover the losses, the Treasury will monetize the losses with additional taxpayer money.
Remember this from March? Bloomberg.com: News
The current health care plan debacle is a distraction from the snowballing bank failures and the FDIC's imminent insolvency even though in and of itself, national health care is another huge expense we can't pay for.
Open your wallets WIDE America - now and for future generations to come.
He already knows. Why do you think he always looks so panicked when he's testifying before Congress? Obama and his admin know, too - insert current national health care debate diversion here.
The FDIC doesn't have enough money to guarantee the deposits in the troubled banks (besides Obama's other deficit spending on steroids), hence Tax Cheat Timmy's recent request to lift the nation's $12 trillion debt ceiling. Because the FDIC can't cover the losses, the Treasury will monetize the losses with additional taxpayer money.
Remember this from March? Bloomberg.com: News
The current health care plan debacle is a distraction from the snowballing bank failures and the FDIC's imminent insolvency even though in and of itself, national health care is another huge expense we can't pay for.
Open your wallets WIDE America - now and for future generations to come.
I have go to dig this up but I believe there was an amendment attached to a passed bill (maybe the defense bill) that allows the FDIC to get more infusion of cash without having to get Congress' approval. I remember reading that amendment and thought..nice stealthy move on their part.
I am aware that the Chinese are not buying our debt as they had in the past. That didn't stop Hillary from going there to try to persuade them to buy more of our debt.
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I don't think people realize how screwed we are.
