Moral of the story. Banks are saying “If we can’t do business the way we want, laws and consumer protection be damned, we’ll just take are ball and go home.” Sad.
It should be clear that whatever the federal government touches, it destroys.
What with the circus in the nation's capitol, there is probably no going back.
Yikes!
As gold'n'siilver continue their freefall (now at $1,080.63 and $14.52) the S&P reached back to it's 50-day moving average and raised its distribution count to 7 Right now futures traders are seeing more falling metals -0.93% but some bargain hunting in stocks +0.21%. Only majore report: 10:00 AM New Home Sales.
The massive data base collected on every American by this out of control government is being used against Americans and anyone who does not believe this socialist administration does not have something on every US congressmen, supreme court members, and US house and is being used to extort them into compliance, is completely delusional! Personally, I don't do business with the government (banks) and I use private money orders to pay my bills. No business with banks period!