La Jolla (California) Bank one of Four that Failed Yesterday!!!

Discussion in 'Economy' started by Neubarth, Feb 20, 2010.

  1. Neubarth
    Offline

    Neubarth At the Ballpark July 30th

    Joined:
    Nov 8, 2008
    Messages:
    3,751
    Thanks Received:
    199
    Trophy Points:
    48
    Location:
    South Pacific
    Ratings:
    +199
    La Jolla (California) Bank one of Four that Failed Yesterday


    Bro, that La Jolla Bank was PRIMO. Just to the west of where I live, it was The Bank to the millionaires and billionaires in La Jolla, Greater San Diego and San Diego and Orange Counties in Southern California.

    Real Estate investments gone bad is what did the bank in. California continues to collapse at an alarming rate. Both San Diego and Los Angeles and six other cities in the state could declare bankruptcy any day now. Nobody wants to be first, but they all have to.

    Everything is collapsing across the country. Durable Good orders are way down from last quarter and all the quarters in the year before. Unemployment insurance claims have soared since September (All the while Obama and his band of crooks are saying that UI claims are going down and down and down. Lie after lie after lie after lie.)

    The Stock Market is in the Greatest Price to Earnings Bubble in American history, and Obama lets Goldman Sachs continue to use their machine trading program to run the market up even higher so that the payoff when it crashes is greater to the Big Banks. It will crash, but only when Goldman Sachs wants it to. What a mess this country is in.
     
  2. Neubarth
    Offline

    Neubarth At the Ballpark July 30th

    Joined:
    Nov 8, 2008
    Messages:
    3,751
    Thanks Received:
    199
    Trophy Points:
    48
    Location:
    South Pacific
    Ratings:
    +199
    There is a simple reality that most people out here in San Diego understand. It is, "When a millionaires bank like La Jolla Bank collapses, the city, state and country will be soon to follow."

    Are you prepared for the wave of anarchy that will surely follow the total collapse of our economy?
     
  3. Neubarth
    Offline

    Neubarth At the Ballpark July 30th

    Joined:
    Nov 8, 2008
    Messages:
    3,751
    Thanks Received:
    199
    Trophy Points:
    48
    Location:
    South Pacific
    Ratings:
    +199
  4. Vanquish
    Offline

    Vanquish Vanquisher of shills

    Joined:
    Aug 14, 2009
    Messages:
    2,659
    Thanks Received:
    354
    Trophy Points:
    98
    Ratings:
    +358
    Wait wait wait wait. Ok. You wackadoos need to figure out what the F you want.

    Left-leaners want regulations...and you say that's restricting a "free market"(there's no such thing, but ok).

    Left-leaners push back against the Right's de-regulation and you claim the lefties are the ones who wanted banking deregulation

    now...when obama gives you suckers what you want..."oh please, dont screw with big business, they love us, we need them"...you're blaming HIM?

    You should charge admission for that roller-coaster ride.
     
  5. uscitizen
    Offline

    uscitizen Senior Member

    Joined:
    May 6, 2007
    Messages:
    45,941
    Thanks Received:
    4,791
    Trophy Points:
    48
    Location:
    My Shack
    Ratings:
    +4,807
    Are you prepared for the wave of anarchy that will surely follow the total collapse of our economy?
    //

    Yep.
     

Share This Page