Regulators Close Two More National Banks

Discussion in 'Economy' started by Manuel, Jul 26, 2008.

  1. Manuel
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    Manuel *****

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    Regulators Close Two More National Banks - washingtonpost.com
     
  2. Charles_Main
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    Charles_Main AR15 Owner

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    We must balance the budget!! It is the root of all of these problems. Cut spend now!!!!!!!!
     
  3. Paulie
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    Paulie Platinum Member

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    All I have to say is you better inquire to your bank about what exists on their balance sheet. If your bank is heavy in derivatives, you are a FOOL for keeping your money there.

    Don't say you weren't warned.
     
  4. Voltaire
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    Voltaire Libertarian Party

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  5. CA95380
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    CA95380 USMB Member

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    "California-based First Heritage Bank" ... heard about it on local news today. We live in a fairly small town in Central CA .... Modesto ... is the closest 'larger' city to us. There have been several major car dealers shut down there within the last month.

    It is getting bad. And a lot of people choose to bury their heads in the sand like an ostrich. :doubt: They just don't get it .... yet!
     
  6. Orange_Juice
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    Orange_Juice Senior Member

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    The right will want to forget as soon as possible that Socialism is being used to bail out capitalism here.
     
  7. AllieBaba
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    AllieBaba BANNED

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    Oh please. If it weren't for socialism, the banks wouldn't be failing.

    Quick, everybody...spend, spend, spend! Save our economy!
     
  8. Paulie
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    Paulie Platinum Member

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    What socialism? The socialism that is being used to bail them out at taxpayer expense? Come on Babble, let's see what you got here. You made the claim, now let's see exactly what socialism you're referring to that has caused this financial meltdown.

    I'm all eyes.
     

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