Tag Archives: Banks

What You May NotKnow About Your Bank Deposits … (But You Should)

In the Great Depression, the profligate banks failed, insolvent. The wealth of their depositors was lost as the banks, having wasted it, could not provide it to its legitimate owners. From that failure, the banks vanished. In the 2008 financial … Continue reading

Posted in Economics, Goverrnment, Politics, Uncategorized | Tagged , , , | 1 Comment

Sleep On Your Financial Security Decisions?

We read that Greek banks are likely to remain closed for a month. That is said to be a result of so many Greeks, worried about bank solvency, withdrawing so much money so fast. Bank runs as these phenomena are … Continue reading

Posted in Finance, Government, Money | Tagged , , | Leave a comment

Which is better: Two parachutes, or none?

Please remember that, had we an attorney on retainer, he would have advised us to disclaim, so please note that we don’t claim to know any more than you know about reality. Our politicians and media are just as much … Continue reading

Posted in Economics, Finance., Government | Tagged , , | Leave a comment

U.S. Foreign Policy: Feel The Love? (You’re Paying For It!)

The IRS is now reaching into foreign bank accounts in pursuit of taxpayers. Using a new weapon provided by Congress in 2010, the IRS will withhold 30%of amounts paid to foreign banks from U.S. investments — unless the foreign bank … Continue reading

Posted in Banks, Foriegn Policy, Politics | Tagged , , | 2 Comments


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

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

Gleanings From The Passing Scene..( Politically Uncorrected)

Another Saturday, another helping from present reality (One sort or another) A group of college kids, illegal offspring of illegal parents, have sued their state for cheaper tuition at the state college. They feel entitled to pay the rates of … Continue reading

Posted in Banks, Climate Change, Conspiracy, Energy, Entitlement | Tagged , , , , | Leave a comment

London’s Liberated LIBOR Leaps Across The Atlantic

Leaping lizards! LIBOR has been kidnapped! Well, taken away at least. The London Interbank Offered Rate (LIBOR) reports the interest rate banks are charging each other in well, London. London is a historic financial center for Europe, sort of like … Continue reading

Posted in Banks, Conspiracy, Corruption, Debt, Economics, Fiscal/Financial Responsibility, Investing, Scandal | Tagged , , , , | Leave a comment

Bleed for the Nice Politician; He’s Trying to Help You!

Why doesn’t the government just hire everybody at a fair wage, thus solving unemployment? (It appears to be trying, right?) That’s what the politicians are selling, though they fancy it up. Consider: When a politician says government should ‘help’ he … Continue reading

Posted in Banks, Debt, Domestic Policy, Economics, Fiscal/Financial Responsibility, Inflation, Overspending, Politics, Social Security | Tagged , , , , , , , | Leave a comment

Smart Bankers SELL Reverse Mortgages (They Don’t Buy Them!)

Reverse mortgages are touted by TV advertisers and knocked by the New York Times, which is in turn savaged by a university professor (Reverse Mortgages) while the financial sky is preparing to fall (World Economy).. Or not. Retirees staring at … Continue reading

Posted in Bank Failure, Banks, Debt, Finance, Future, Home Ownership, Inflation | Tagged , , , , , | 2 Comments