Busted: Bankers and The Global Economy

August 2, 2008

16 Comments

  1. Lots more banks will fail before this is over!

    Comment by Jane Carter — August 3, 2008 @ 11:28 am

  2. Just the beginning.

    Current Administration and Congress corrupt to the bone. Bank failures evidence of completely inept
    government policy and oversight, not to mention massive greed on the part of lenders and many buyers
    that were generating fiction while filling out their
    loan appliations. Shame on everyone.

    Infrastructure crumbling, US influence and dollar collapsing, waging two wars it can’t win and always talking about waging one with Iran it couldn’t win.

    Comment by Roland Carnaby — August 3, 2008 @ 2:24 pm

  3. The banks will fail and you will need id theft protection so get yours like I got mine here:
    ==> http://www.lockdownmyid.com

    Then, convert all your cash to tangible sellable items you can ither sell or trade with.

    Stock up on cmapbells chunky soups and dry rice, water, toilet paper etc…

    Comment by Anthony Tomei — August 3, 2008 @ 2:31 pm

  4. $100,000 insurance is a joke. It is not enough. Especially when you are practically forced to keep your money in a bank.

    Comment by Paul — August 3, 2008 @ 2:43 pm

  5. This is akin to having a serial killer with bodies buried under the floor telling you…ignore that strong smell coming from under the rugs “just trust me”

    Comment by debtor — August 3, 2008 @ 4:03 pm

  6. Funny how banks fail will all the ridiculous fees they charge

    Comment by scott — August 3, 2008 @ 5:23 pm

  7. It’s the kikes, stupid!

    Comment by walt235 — August 3, 2008 @ 9:15 pm

  8. We are all complaining, but what proactive moves are we making? Are we emailing or Senators and Representatives? Are we signing petitions. If we don’t want to lose our freedoms, we best get busy!

    Comment by Judi — August 4, 2008 @ 12:27 am

  9. the jewish bankster is laughing all the way to the bank,er federal reserve.

    Comment by michael — August 4, 2008 @ 8:22 am

  10. I find all these headaches from FDIC closing banks not necessary at all. I spend all of my money when I get my paycheck. Keeping my $ in bank and it earn less interest than the inflation takes away. I will loss a lot less money in the long run by spending now. Money in the bank worth less in the future than spending it right now. Tell me that ain’t the truth.

    I am going out right now to buy that 56″ plasma tv I always wanted.

    Comment by Mr. Bigg — August 4, 2008 @ 8:35 am

  11. […] institution, including savings, checking, certificates of deposit and money market accounts. This assumes that your accounts are non-brokered. When you register with the bank directly, make sure that your deposits are non-brokered and will […]

    Pingback by U.S.: What Banking Fraud Means to Deposits « Busted: Bankers and The Digital Economy — August 4, 2008 @ 9:25 am

  12. Actually Mr. Bigg, you are wrong. Considering your logic , the rate at which these products (like a 56 plasma) depreciates is more of a liability than the lost value of your money being stored in a bank, taking into account inflation. Therefore you are losing money by not saving and purchasing now, as opposed to saving and purchasing later. You should contact a financial advisor, and then read this book, http://www.readtheanswer.com/index.php?RTA=web2

    Comment by Bob jennings — August 4, 2008 @ 10:54 am

  13. Unlike a normal business, we as clients have little or no knowledge of the current status or potential failure of these institutions. Insuring our funds leaves little security.

    Most of us spend our valuable time trying to create money, now we’re having to dedicate some of this time to saving our own. There is only so many hours in a day.

    Comment by John Feeney — August 5, 2008 @ 8:46 am

  14. Please posters, stop complaining about banks….you can’t trust them so put your money in cash, coins, metals or any capital item that you can get cash quickly. If you trust banks or FDIC, you deserve whatever happens. Remember, FDIC insures up to 100K IF YOU CAN GET IT…..I went through this in 1980’s when the S&L’s failed and had misery trying to get my insured money out.

    Trust banks or the government and you will lose….look who’s running for president….would you give them your money ??????

    Comment by Dr. John Tsal — August 6, 2008 @ 11:06 am

  15. All is well until the FDIC has money left, then what? keep printing it, I guess.

    Comment by web design company — August 20, 2008 @ 6:16 am

  16. Ron Paul and Paris Hilton for 2008; statesmen, not politicians.

    13 Knot Hemp Neckties for the traitorous politicians, revenuers, IRS; don’t forget the criminal corporate US government that is foreign.

    Expatriate with your statements at your nearest embassy. Keep your USA Citizenship and drop that foreign US citizenship. It might be pretty cool as if the IRS will stop their BS with me.

    RN stepping back into my enjoyable reading and studies. Banner Desert Hospital in Mesa Arizona would not let me volunteer and work for free as a nurse unless I provided a hard copy SS# and filed a W-4; all after they said I had the job as a telemetry nurse.

    Unemployed RN Tom

    Comment by Tom Callan — September 20, 2008 @ 2:39 am


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