Category Archives: Bank Failure

Maybe Janet Yellen Knows…

Just as Janet Yelling is taking over the Fed from ‘Helicopter’ Ben Benanke, something is happening. Last October, Chase Bank put a limit on cash withdrawals and international transfers. Banks generally do that to fend off a possible run on … Continue reading

Posted in Bank Failure, Depression, Fiscal/Financial Responsibility | Tagged , , | 3 Comments

America’s Financial Roulette Spins On…

Two new clouds have appeared on our darkening U.S. economic horizon. As we’ve been pointing out, we expect a financial storm, we simply don’t know when the first rain will fall. But the sky is dark and the wind is … Continue reading

Posted in Bank Failure, Debt, Deficits | Tagged , , | 2 Comments

Choices

The U.S. government (and others) is well, not facing but presented with some unappetizing (for a politician) choices. You can see here how much money the government owes and just how many of us are available to pay it. We … Continue reading

Posted in Bank Failure, Debt, Fiscal/Financial Responsibility | Tagged , , , | 4 Comments

The Crash, 2008: A Who Dunnit…

Since the U.S. economy crashed in 2008, putting unemployment at the top of everyone’s watch list, the U.S. government and media have worked hard to prevent general public understanding of who to charge with responsibility for the event. That is … Continue reading

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Today’s Reality In Three Acts…

Three news reports seem to delineate today to perfection: The Swiss gather in their city centers and vote on current policy all during every year. A Swiss may propose a law; if 100,000 others buy in, that will be voted … Continue reading

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Ben Bernanke, Wile E. Coyote and the Financial Cliff…

Anyone sharing a belief that government always ‘cures’ the ills it causes by applying more of what caused them, will be unsurprised by Fed Chair Ben Bernanke’s retreat from ‘tapering,’ the current euphemism for slowing the Fed’s manufacture of money … Continue reading

Posted in Bank Failure, Debt, Fiscal/Financial Responsibility, Inflation, Overspending | Tagged , , , , , | Leave a comment

The Ice Man Cometh, But It Isn’t Ice Cream That He Delivereth… (Who Has Eyes To See, Let Him See…)

Some may remember hearing that Cyprus ‘saved’ its banks by confiscating chunks of the deposits people had entrusted to them. That was last Spring and it caused a lot of Eurofolk aware of their own governments’ and banks’ Potemkin finance … Continue reading

Posted in Bank Failure, Conservatives, Debt, Economics, Europe, Fiscal/Financial Responsibility | Tagged , , , , , , , , | 2 Comments