Wednesday
Nov252009
Geithner, Summers & Bernanke Still Have A Friend In Senator Levin
Video: Senator Carl Levin (D-MI) With Citizen Journalist Mike Stark -- November 20, 2009
Michigan has the highest state unemployment rate in the country, now over 15%. Levin represents Michigan proudly, but will speak no ill will toward B-52 or the other henchmen.
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Reader Comments (2)
FDIC BROKE - Sheila Bair seen crossing border into Mexico
Let the bank runs begin.
http://online.wsj.com/article/SB10001424052970204731804574385072164619640.html#articleTabs%3Darticle
The Coming Deposit Insurance Bailout
Another lesson that federal guarantees aren't free.
Americans are about to re-learn that bank deposit insurance isn't free, even as Washington is doing its best to delay the coming bailout. The banking system and the federal fisc would both be better off in the long run if the political class owned up to the reality.
We're referring to the federal deposit insurance fund, which has been shrinking faster than reservoirs in the California drought. The Federal Deposit Insurance Corp. reported late last week that the fund that insures some $4.5 trillion in U.S. bank deposits fell to $10.4 billion at the end of June, as the list of failing banks continues to grow. The fund was $45.2 billion a year ago, when regulators told us all was well and there was no need to take precautions to shore up the fund.
Our corrupt govt is in denial...liars...frauds...rat bastard socialists liberals.
THESE MOTHERF#### have been ripping off the American people for god knows how long.
Dianne Wilkerson, Massachusetts State Senator, Allegedly Caught Stuffing Bra With Cash--Faces Corruption Charges
http://www.wowowow.com/post/dianne-wilkerson-massachusettes-senator-arrest-corruption-briber-bra-130921