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IF YOU BELIEVE – BANKS ARE RECOVERING
The Burning Platform ^ | 5-1-09 | Jim Quinn

Posted on 05/01/2009 12:39:30 PM PDT by iThinkBig

The conspiracy theorists of the world believe the U.S. government faked the landing of Apollo 11 on the moon. They also believe 9/11 was an inside job, ordered by operatives within the government. The rationale of these acts was to distract the masses from the disastrous Vietnam War and the plummeting stock market, while escalating their control over the American people. I believe I have uncovered the largest conspiracy in history. The government wants you to believe that banks are recovering, housing has bottomed, stimulus works, borrowing leads to prosperity and war leads to peace. President Obama and his cronies at Treasury and the Federal Reserve are trying to mislead the public regarding the health of our banking system. If you believe their spin on these issues, I have a structurally deficient bridge in Brooklyn I’d like to sell you.

(Excerpt) Read more at theburningplatform.com ...


TOPICS: Business/Economy; Editorial; Front Page News; News/Current Events
KEYWORDS: banking; corruption; depression; recession
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Those are great charts of what is really going on with the top 19 banks. No doubt, corruption, fraud, looting and market manipulation hard at work while we are all distracted with 'the pandemic swine flu' which has killed one person. You do know that it was the DHS that released the memo on swine fly don't you? Last year the common flu killed 20,000 people.
1 posted on 05/01/2009 12:39:30 PM PDT by iThinkBig
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To: iThinkBig
If you believe that all the loans that have balloon payments in the next few years are "performing loans" since they are making their payments (even though they will probably default when they can't refinance)--then you too could be a banker.

:-)


2 posted on 05/01/2009 12:44:14 PM PDT by cgbg (Cap and trade + electric cars = stranded and broke.)
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To: Leisler; PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ..
*Ping!*
3 posted on 05/01/2009 12:44:45 PM PDT by rabscuttle385 ("If this be treason, then make the most of it!" —Patrick Henry)
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To: iThinkBig
the local and regional banks around here have been hanging on quite well. Of course, they never got into the sub-prime mess.

I am of the opinion that when the recovery takes place it will be in spite of Obama’s programs, not because of them.

And, I am also of the opinion that the Administration will do all they can to keep the economy hurting as long as possible. They need it looking bad to justify their power grabs.

4 posted on 05/01/2009 12:52:20 PM PDT by elpadre (Afganista)
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To: iThinkBig
...'the pandemic swine flu' which has killed one person.

uThinkSmall

5 posted on 05/01/2009 12:54:50 PM PDT by Petronski (Learn about the 'cytokine storm.')
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To: iThinkBig

Alice was the first person on the moon, everybody knows that.


6 posted on 05/01/2009 12:55:45 PM PDT by norraad ("What light!">Blues Brothers)
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To: iThinkBig

bump


7 posted on 05/01/2009 12:56:32 PM PDT by Camel Joe ("All animals are created equal, but some animals are more equal than others"- The Pigs)
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To: elpadre

Government is squeezing private sector slowly out of business and yes, that does keep the economy in the crapper. Private sector wage increase for the last quarter? .02%. How about government? .08%. So if you are in the private sector, your wages cannot keep up with inflation.


8 posted on 05/01/2009 12:57:24 PM PDT by iThinkBig
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To: Petronski

Why do you feel that way Petronski?


9 posted on 05/01/2009 12:58:08 PM PDT by iThinkBig
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To: iThinkBig
...which has killed one person.

...and that one person was a Mexican National who's parents brought the sick baby to Texas Children's Hospital.

10 posted on 05/01/2009 12:59:01 PM PDT by houeto (Defang the FEDGOV. Repeal the 17th!)
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To: iThinkBig

Liberals feel, conservatives think.


11 posted on 05/01/2009 1:00:35 PM PDT by Petronski (Learn about the 'cytokine storm.')
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To: iThinkBig
It's like I keep trying to tell everyone - My husband works with bankers every day. He's an accountant for subsidized housing. The democrats Community Reinvestment Act did us in. We're in for big trouble. Stop spending and start saving. Pay off all the debt you can.

The talking heads are hoping they can create an illusion that everything is just hunky dory and that Oboma is without blemish.

12 posted on 05/01/2009 1:04:33 PM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: iThinkBig

No industry can recover so long as it is nationalized.


13 posted on 05/01/2009 1:05:14 PM PDT by Man50D (Fair Tax, you earn it, you keep it!)
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To: Petronski

I just associate with lots of women and I know how women love to talk about how they ‘feel’. Perhaps one of us is a bit less advanced in data analysis which is what I happen to do for a living.


14 posted on 05/01/2009 1:12:16 PM PDT by iThinkBig
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To: iThinkBig
The stock market has been soaring as banks report fraudulent earnings. These banks are purposely underestimating future losses to make current earnings appear better than they really are.

OMG! I guess this joker has the crystal ball that will tell what the actual future losses will be? LOL!

15 posted on 05/01/2009 1:18:42 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: iThinkBig

And on average, the flu kills 36,000 in the US a year.


16 posted on 05/01/2009 1:19:56 PM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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To: Toddsterpatriot

Toddster, you back. You disappeared for awhile. We were discussing SIV’s and your flimsy arguments/cheerleading in defense of those products. Toddster, your opinions are worthless.


17 posted on 05/01/2009 1:22:48 PM PDT by iThinkBig
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To: iThinkBig

The people who support 0bama think the economy is improving, so long as the government is controlling more and more of it. Government controlling 10 percent of the economy is bad. Government controlling 50 percent of the economy is good, even if that means 50 percent of the wealth that existed prior to that accomplishment is gone. Government control = good, and increasing government control = getting better, no matter how bad things really are.


18 posted on 05/01/2009 1:28:01 PM PDT by pallis
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To: iThinkBig
We were discussing SIV’s and your flimsy arguments/cheerleading in defense of those products.

If you ever pull your head out and link to the thread where you imagined I did that, I'll be happy to show you your mistake.

19 posted on 05/01/2009 1:38:12 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: elpadre

Something tells me that the economy will look good until the 2010 elections, then it will go in the tank again after the Democrats have gained more House and Senate seats.

They will then use the 2010 election to go for an even bigger power grab and force us into unabashed socialism.

You know, I find it kind of convenient that our troops will be getting out of Iraq right before the 2010 elections.


20 posted on 05/01/2009 1:58:57 PM PDT by woweeitsme
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