Moody's Cuts U.S. Banking System To Negative

[Ringo]

Yeah I know facts and history are stupid ? Lenin was responsible for the deaths of millions so using him as a means to attack anything isn't to smart. So

Map of how much ordinance America dropped on Vietnam and her allies in that horrible, senseless war. Over 2 million civilians dead because the U.S. couldn’t accept a people choosing their own form of government.

 

[JustAGuy1]

Ever hear of a guy named Barney Franks?

You mean the guy that let his boyfriend run a Gay brothel from his basement?

 

[ThunderKiss1965]

Map of how much ordinance America dropped on Vietnam and her allies in that horrible, senseless war. Over 2 million civilians dead because the U.S. couldn’t accept a people choosing their own form of government.

What the fuck does that war have to do with Lenin ? I mean I can mention how after we pulled out Ho Chi Min killed a million more people.

What takes other Countries decades to centuries to pile up a body count, socialism does in record time and it's usually spearheaded by one man. But enough of your whataboutism diversion tactics.

 

[ThunderKiss1965]

What the fuck does that war have to do with Lenin ? I mean I can mention how after we pulled out Ho Chi Mins communist killed a million more people.

What takes other Countries decades to centuries to pile up a body count, socialism does in record time and it's usually spearheaded by one man. But enough of your whataboutism diversion tactics.

 

[toobfreak]

Same here, it's a win-win for me and the community.

Actually, it is the small banks being targeted here and at greatest risk from the fed because they will be the ones who are forced to eat the cost of all of this hoping to kill off a lot of small banks as those are the ones who most cater to small business. This is another big socialist power grab aiming to totally nationalize the banks under the Fed.

 

[San Souci]

I took my mom grocery shopping & asked her if she wanted a box of barney franks...I handed her a box of good & fruitys

Well ,that is what the Left has planned for the USA. One big Fagdom.

 

[MisterBeale]

Actually, it is the small banks being targeted here and at greatest risk from the fed because they will be the ones who are forced to eat the cost of all of this hoping to kill off a lot of small banks as those are the ones who most cater to small business. This is another big socialist power grab aiming to totally nationalize the banks under the Fed.

Agreed.

Retail banking depends upon commercial/corporate banking, and the folks in charge, are tired of people who don't even have electronic bank accounts. They may only amount to one percent of the population, but the so called, "unbanked," are a big concern for the folks in charge.

Just the first five minutes of this video that was released three months ago. . . very illuminating. This guy knew the bank runs and collapses were in store.

CBDC and the Fed's Plan to Weaponize Money​

The Next Step: They Try to Roll in Central Bank Digital Currencies (CBDC) to "Stop Inflation": DON'T LET THEM! THIS IS WHERE WE STOP AGENDA 2030

They will say it is the only way to stop inflation, which they entirely created by printing $10 trillion since Covid. Catherine Austin Fitts, a savvy investment banker and former President George HW Bush Assistant secretary of HUD was the first woman managing director of Dillon, Read & Co., who...

www.usmessageboard.com

Central Bank Digital Currency to End Inflation

• Technology, according to Nawaz, disrupts power structures. "What happened when they invented the printing press? The power structures who up until that moment were reading the Bible for you and were telling you that you will pay this priest x amount of favors and he'll forgive you your sins...

www.usmessageboard.com

 

[DudleySmith]

How are they robing the poor ?

By making any effort at savings worthless and in fact a lousy idea.

 

[DudleySmith]

Why yes...yes it was.

It was also wild bill clinton who signed into law the Commodity Futures Modernization Act about 3 minutes before he left office. That set the stage for the 2008 financial collapse.

The GOP had the majority in Congress and the Senate under Clinton's last term.

104th United States Congress - Wikipedia

en.wikipedia.org

The Bill passed both Houses.

https://www.congress.gov/bill/104th-congress/house-bill/3005?q=%7B%22search%22%3A%22H.R.3005%22%7D:

 

[ThunderKiss1965]

By making any effort at savings worthless and in fact a lousy idea.

How are the rich doing that ?

 

[DudleySmith]

How are the rich doing that ?

The FEd spent a long time handing out interest free money to big companies and speculators. I guess you haven't read the news in 20 years.

 

[DudleySmith]

Agreed.

Retail banking depends upon commercial/corporate banking, and the folks in charge, are tired of people who don't even have electronic bank accounts. They may only amount to one percent of the population, but the so called, "unbanked," are a big concern for the folks in charge.

View attachment 767147

Just the first five minutes of this video that was released three months ago. . . very illuminating. This guy knew the bank runs and collapses were in store.

CBDC and the Fed's Plan to Weaponize Money​

The Next Step: They Try to Roll in Central Bank Digital Currencies (CBDC) to "Stop Inflation": DON'T LET THEM! THIS IS WHERE WE STOP AGENDA 2030

They will say it is the only way to stop inflation, which they entirely created by printing $10 trillion since Covid. Catherine Austin Fitts, a savvy investment banker and former President George HW Bush Assistant secretary of HUD was the first woman managing director of Dillon, Read & Co., who...

www.usmessageboard.com

Central Bank Digital Currency to End Inflation

• Technology, according to Nawaz, disrupts power structures. "What happened when they invented the printing press? The power structures who up until that moment were reading the Bible for you and were telling you that you will pay this priest x amount of favors and he'll forgive you your sins...

www.usmessageboard.com

The problem with that narrative is that cash transactions or only around 20% or less of all transactions in dollar terms.

Cash vs Credit Card Spending Statistics - Fundera Ledger

www.fundera.com

Consumer spending is about 70% of the domestic economy, and the low wages are getting lower, taking disposable income lower with it. They already have the public stump trained, and cash users already have their own niches, via money orders, etc. The middle class loves plastic, direct deposit, and all the frills; it makes them feel 'Speshul'. Never mind the extra 3%+ on prices they're paying for that 'Speshul Feeling'. And that is soon to go up, as banks and financial services are going to see yet another wave of mergers and concentration in the coming 'recession' and series of failures.


Credit card balances are around a trillion bux now.

 

[MisterBeale]

The problem with that narrative is that cash transactions or only around 20% or less of all transactions in dollar terms.

Cash vs Credit Card Spending Statistics - Fundera Ledger

www.fundera.com

Consumer spending is about 70% of the domestic economy, and the low wages are getting lower, taking disposable income lower with it. They already have the public stump trained, and cash users already have their own niches, via money orders, etc. The middle class loves plastic, direct deposit, and all the frills; it makes them feel 'Speshul'. Never mind the extra 3%+ on prices they're paying for that 'Speshul Feeling'. And that is soon to go up, as banks and financial services are going to see yet another wave of mergers and concentration in the coming 'recession' and series of failures.


Credit card balances are around a trillion bux now.

There. . . doesn't seem to be a problem with that narrative at all. You seemed to have just supported my contention.



i.e., the masses are so dumb, they are sleep walking right on into their own slavery.

 

[DudleySmith]

There. . . doesn't seem to be a problem with that narrative at all. You seemed to have just supported my contention.



i.e., the masses are so dumb, they are sleep walking right on in to their own slavery.

Nah, you just showed your ignorance as usual. That's what happens with ideologues and their echo chamber mentalities. Your conspiracy theories are just crazy talk; customers love plastic. There are ATMs full of cash everywhere, and few use them.

 

[MisterBeale]

Glad I use a small three branch local bank

Same here, it's a win-win for me and the community.

Midsize U.S. banks reportedly ask the FDIC to insure all deposits for two years

A coalition of midsize U.S. banks asked regulators to extend FDIC insurance to all deposits for the next two years, Bloomberg News reported.

www.cnbc.com

Warren Buffett in Contact With Biden Team on Banking Crisis​

Warren Buffett in Contact With Biden Team on Banking Crisis

(Bloomberg) -- Berkshire Hathaway Inc.’s Warren Buffett has been in touch with senior officials in President Joe Biden’s administration in recent days as the regional banking crisis unfolds.Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Talks...

news.yahoo.com

 

[MisterBeale]

Nah, you just showed your ignorance as usual. That's what happens with ideologues and their echo chamber mentalities. Your conspiracy theories are just crazy talk; customers love plastic. There are ATMs full of cash everywhere, and few use them.

So it is yoar contention we will not have CBDCs in the next three to five years, with the private central bank, regulating how and what we can spend our money on, and the value of the currency, yes?

 

[Deplorable Yankee]

 

[DudleySmith]

So it is yoar contention we will not have CBDCs in the next three to five years, with the private central bank, regulating how and what we can spend our money on, and the value of the currency, yes?

It's supply and demand, something you wingnuts insist on. I don't need to 'contend' anything, it's current economic facts, and most people ask for that sort of service. I never said I liked it or supported it, but you need some strawmen to make it all scary n stuff.

 

[MisterBeale]

It's supply and demand, something you wingnuts insist on. I don't need to 'contend' anything, it's current economic facts, and most people ask for that sort of service. I never said I liked it or supported it, but you need some strawmen to make it all scary n stuff.

No, actually, most folks have no desire for a social credit system.

CBDCs mean a totalitarian style social credit system, that monitors all your carbon consumption, and limits yoar energy use, from here on out.

If you are an elite, you are exempt.

 

[DudleySmith]

No, actually, most folks have no desire for a social credit system.

CBDCs mean a totalitarian style social credit system, that monitors all your carbon consumption, and limits yoar energy use, from here on out.

If you are an elite, you are exempt.

lol you think people are being forced to use plastic? Rubbish. Fiat currency is fiat currency, whether it's digital or the paper greenbacks Invented by Republicans. In any case, people have also accepted 7 year car loans and 30 year mortgages, and then believe they live in 'boom times' and they're incomes are rising. lol obviusly not, or they wouldn't need 30 year mortgages and 7 year car loans.