This is true.
Ping!
actually it has started working. it just takes time for the markets to adjust.
Can you say “The price of gold is now 12,000 quatloos per ounce.”
I knew you could...
The Democrats are about to go on a trillion dollar shopping spree for support of the DNC. Ain’t no way they’re giving that up.
“The rescue has failed: it’s time to fess up, reboot and start again”
***********************
In my opinion, it has NOT failed—it only needs be renamed as to its actual intent, the same old intention that has been picking up steam since 1848....
Ref
Red From The Start...
http://tinyurl.com/2dg9y2
That is very true.
They (banks) all demanded a bailout ‘or else’, and yet when the government came to the rescue, they sat on the funds to self preserve. Ignoring the very reason government bailed them out in the first place.
And Americans KNEW this was going to happen, did not trust the banks and corporations and were ignored.
Thanks Bush, Congress and Senate. Every last one of you that voted for this nightmare and sent me your lame a&& excuses in an email on why you did.
...my sense is that the banks could all fail...I’ve seen it happen to me....it only took 5 days:
Sunday....the newspaper paper published a story that the bank had unsecured loans.
Monday....people waited at the front door for the bank to open to get their money.
Tuesday....the line was around the block
Wednesday....they sent for an armoured car full of cash from the Fed to try and stem the flow.
Thursday....fist fights broke out in the lobby of the bank.
Friday....the bank did not open.
Moral of the story:NO BANK CAN TAKE A RUN
One problem. WE DON’T HAVE ANY MONEY LEFT!