beach miner
16th August 2009, 14:36
Went to the FDIC Failed Bank Listing Site. I tend to deal in Round Numbers, so to those who are very specific please bare with me. Of the 130 banks that have failed since 2000, approx. 70% went down in 2009. 25% in 2008. June, July, August where bad months for the banks. This is after trillions in bail-outs, stimuluses, and propaganda. More will be failing this month if this trend continues. If the country is in debt measured by trillions, how can they find the money to meet their FDIC obligations. They can't print it fast enough, they have to just add more Zeros to their Computerized Ledgers. Bought more ASE's on Friday, felt good, gonna buy more. God Bless You All. See Ya At The Top.