time.com— Sketch loans, financial blunders, and a string of bad bets have left America's banks nearly insolvent. How an industry collapsed ? and why only nationalization might solve it
Jan 29, 2009View in Crawl 4
I choose not to play at all. It's just too tempting to use it when you can't afford it. Like for a car repair- that can get into four digits real fast. Without a card on hand, we just do without until my husband has the time to do a brake job. Also the stress of not having a card to fallback on is nowhere near the stress of owing money, for me.
no national banks (one state per bank), federalize the federal reserve, go back to the gold standard.The fractional federal reserve, the biggest fraud since insurance. allowing banks to loan out more money than they have is the problem.Too big to fail is too big to be, bust up monopolysbartering probably wont hurt though.
Yea that's rite so who are you going to vote for next time. Our elected officals act like Gods. They couldn't care less about us, that is after they're in office, before that, you'll hear every promise of how great they will be, and all they will do for us. It's all lies all they want is more power, even if they have to sell their soul to get it. The Gov't that can give you anything you want, can take away everything you got........
That's rite tell them is was Clinton and the worthless piece of crap Barny Frank and his buddy Chris Dodd, that drove the US in this mess. Is was a manipulacited act, and was made to happen.... They can't have souls so they must have sold them for riches......
thatgirltashaJan 31, 2009
I choose not to play at all. It's just too tempting to use it when you can't afford it. Like for a car repair- that can get into four digits real fast. Without a card on hand, we just do without until my husband has the time to do a brake job. Also the stress of not having a card to fallback on is nowhere near the stress of owing money, for me.
blacklabelsarJan 31, 2009
Oro? Well call me whatever you want, I'm glad one more person took a look at what we are up against.
unspammeJan 31, 2009
no national banks (one state per bank), federalize the federal reserve, go back to the gold standard.The fractional federal reserve, the biggest fraud since insurance. allowing banks to loan out more money than they have is the problem.Too big to fail is too big to be, bust up monopolysbartering probably wont hurt though.
unspammeJan 31, 2009
@ hobbers.... the Fed buys Treasury securities by issuing Federal Reserve Notes (money). ... the Fed buys Treasury securities by counterfeiting (money). fixed that for you.watch <a class="user" href="http://www.zeitgeistmovie.com/">http://www.zeitgeistmovie.com/</a> addum
jimjawnMar 12, 2009
Definitely Check out This American Life's explanation of the problem. <a class="user" href="http://thisamericanlife.org/Radio_Episode.aspx?sched=1285" rel="nofollow">http://thisamericanlife.org/Radio_Episode.aspx?sch ...</a> SO MUCH BETTER.
niteridderAug 8, 2009
Yea that's rite so who are you going to vote for next time. Our elected officals act like Gods. They couldn't care less about us, that is after they're in office, before that, you'll hear every promise of how great they will be, and all they will do for us. It's all lies all they want is more power, even if they have to sell their soul to get it. The Gov't that can give you anything you want, can take away everything you got........
niteridderAug 8, 2009
That's rite tell them is was Clinton and the worthless piece of crap Barny Frank and his buddy Chris Dodd, that drove the US in this mess. Is was a manipulacited act, and was made to happen.... They can't have souls so they must have sold them for riches......