-----Original Message----- From: Sent: Thursday, November 26, 2009 5:47 AM To: undisclosed-recipients: Subject: 174 banks have already been seized this year, most and fastest pace in 17 years (was that last the savings and loan scam?).
>From the "Business & Farm" section of this area's daily today the main headlines are: Farm profits projected to fall 34% for the year Pre-Christmas confidence feeble and, most importantly: List of problem lenders hits 552 Of course, "problem lenders" simply means banks. Banks about to fold. These banks, the Bloomberg News article states, own $345.9 billion of "assets," (debts owed) on the "confidential problem list" as of the end of September. Interesting list title. To whom is this confidence provided? If it's confidential that certainly excludes the general public. Until now. Hummm! The article also tells us that 174 banks have already been seized this year, most and fastest pace in 17 years (was that last the savings and loan scam?). Next the writer reveals that FDIC - you know, that vaunted bank insuring agency - is already $8.2 billion in the red. (This is called its "balance," by the way. Does your bank let you keep that sort of "balance?") But wait, now it appears to get into new math a la U.S. public schools and politicians. For the next statement is that the fund "balance" "reflects" $38.9 billion set aside to cover bank failure losses. My mirrors don't reflect that way - but I didn't get them from a carnival fun house either. Even further into the article it states that FDIC has $13.2 trillion in assets. So which is it? Is the FDIC calling all of the over 8,000 banks it "services," by taking regular payments from them, its assets? Or is the first statement more realistic and it's already in an 8 billion buck hole with banks running on pumped-up air all over the country? We're then told that congress wants to "restructure" FDIC so it can "dissolve large nonbank financial firms whose...bankruptcy would disrupt the economy." Say what?! What's the difference to the economy whether these firms are "dissolved" or go bankrupt? Does "dissolved" mean creating more bookkeeping bucks to handsomely pay them out of existence? And why not large banks also? - Oh, I forgot, they're God, that is, they own congress. The final word is that Sen. Banking Chairman Dodd, always the willing prostitute, wants to merge authority into a single federal bank regulator - state banks and all. Gee, do you suppose that might be the "too big to fail" banks themselves and/or their myrmidons in the federal government? Final nail in the monopoly money creation for profit racket? Have a happy Thanksgiving. I'm certain you'll be giving extra thanks to the expert handling of the American economy by the "monetary experts." And for the gall of that blathering army of phony economists who keep telling us the "recession" is over (so go run up your credit card debt, dumbo). You may want to give a short prayer to those who are fighting to set this country up with honest money . . . and never get one sentence of mention in the media, government, academia or elsewhere where the public can see or hear about it. *** exposing the hidden truth for further educational research only *** CAVEAT LECTOR *** In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. NOTE: Some links may require cut and paste into your Internet Browser. Please check for daily real news posts and support the truth! (sorry but don't have time to email all posts) at http://tinyurl.com/33c9yr or http://groups.google.com/group/total_truth_sciences/topics?gvc=2 ; You can also subscribe to the multiple daily emails by sending an email to [email protected] ; free book download: http://www.lulu.com/content/165077 *** Revealing the hidden Truth For Educational & Further Research Purposes only. *** NOTICE: Due to Presidential Executive Orders, the National Security Agency (NSA) may have read emails without warning, warrant, or notice. They may do this without any judicial or legislative oversight. You have no recourse, nor protection.......... IF anyone other than the addressee of this e-mail is reading it, you are in violation of the 1st & 4th Amendments to the Constitution of the United States. Patriot Act 5 & H.R. 1955 Disclaimer Notice: This post & all my past & future posts represent parody & satire & are all intended for entertainment and amusement only. To be removed from the weekly list, please reply with the subject line "REMOVE" -- You received this message because you are subscribed to the Google Groups "total_truth_sciences" group. To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/total_truth_sciences
