~~~~~~~~~~~~~~~~~~~~~~~~
"Let them protest all they want, as long as they pay their taxes.” ...credited to Al Haig, Ronald Reagan's Secretary of State.
http://groups.yahoo.com/group/liberty_outlook/
http://www.dailypaul.com/blog/11
Ron Paul = Red Pill

The Columbian Bank and Trust, Topeka, KS

Submitted by doctor011 on Fri, 08/22/2008 - 23:18.

The Columbian Bank and Trust, Topeka, KS one down

—

If voting could really change things,
it would be illegal.

.

Submitted by doctor011 on Fri, 08/22/2008 - 23:19.

double post

—

If voting could really change things,
it would be illegal.

Here's a link to the FDIC's

Submitted by Boscovius on Fri, 08/22/2008 - 16:29.

Here's a link to the FDIC's failed bank list.

Note* This list covers all bank failures since October 1, 2000.

http://www.fdic.gov/bank/individual/failed/banklist.html

Things are only impossible until they are not.
-- Jean Luc Picard

—

Things are only impossible until they are not.
-- Jean Luc Picard

I think they will continue

Submitted by quiltingsando on Fri, 08/22/2008 - 15:22.

to bite the dirt but the Fed will be reluctant to disclose who they are. They might even give it a fancy name to make it sound sweet like rearranging furniture. Something like, "The Fed today is helping a lovely bank in California find it deposits that seem to be misplaced, when we find them they will be cleaned and pressed and put somewhere safe". LOL

sounds

Submitted by doctor011 on Fri, 08/22/2008 - 15:55.

right

—

If voting could really change things,
it would be illegal.

Is this still an issue

Submitted by doctor011 on Fri, 08/22/2008 - 15:54.

Did Bush give some kind of premptive approval to the fed to move in and help banks without making things public knowledge .You know more manipulation ?

—

If voting could really change things,
it would be illegal.

"announced"?

Submitted by akak on Fri, 08/22/2008 - 14:45.

Sorry for being obtuse here, but who are "they" and what is meant by "announced"?

One of my favorite movies ...

Submitted by rhino on Fri, 08/22/2008 - 14:50.

The Shawshank Redemption.

That is where that word re entered the lexicon.

WAHOR!!
http://www.dailypaul.com/node/48994

—

WAHOR!!
http://www.dailypaul.com/node/48994

Can you be more specific, Rhino?

Submitted by akak on Fri, 08/22/2008 - 15:01.

I still don't understand the original post.

Sorry Akak, I was off topic.

Submitted by rhino on Fri, 08/22/2008 - 15:13.

When a bank can no longer cover withdrawls, payroll, and other regular liabilities, it does not close its doors.

The FDIC comes in and takes over its assets and accounts.

They issue press releases to that affect when it occurrs:

http://www.fdic.gov/news/news/press/2008/index.html

There has been 8 so far this year and most experts predict many more in the coming weeks.

As it turns out, they usually do this on Friday so that there are a few days to work out the bugs.

WAHOR!!
http://www.dailypaul.com/node/48994

—

WAHOR!!
http://www.dailypaul.com/node/48994

I think there will be one bank today and ...

Submitted by rhino on Fri, 08/22/2008 - 14:31.

4 next Friday.

WAHOR!!
http://www.dailypaul.com/node/48994

—

WAHOR!!
http://www.dailypaul.com/node/48994

I got the first half right.

Submitted by rhino on Mon, 08/25/2008 - 06:29.

This Friday we will see if I have powers beyond the norm.

WAHOR!!
http://www.dailypaul.com/node/48994

—

WAHOR!!
http://www.dailypaul.com/node/48994

What Happens

Submitted by celeste on Wed, 08/20/2008 - 11:14.

Say if I have a car loan or credit card thru a bank and it goes under??

Those loans are assets of

Submitted by john2k on Fri, 08/22/2008 - 14:43.

Those loans are assets of the bank. They will be sold to whatever company, or companies, that purchase the assets.

Money disappears

Submitted by Clarkstmusic on Wed, 08/20/2008 - 11:23.

Money disappears

You mean

Submitted by celeste on Wed, 08/20/2008 - 11:27.

Peoples savings ? I guess I don't understand the whole effect this will have.

One word ...

Submitted by rhino on Wed, 08/20/2008 - 11:18.

Nothing.

WAHOR!!
http://www.dailypaul.com/node/48994

—

WAHOR!!
http://www.dailypaul.com/node/48994

Really

Submitted by celeste on Wed, 08/20/2008 - 11:24.

Can these loans be "called" in at any time. Can this be in fine print somewhere on some loans?

Yes, loans can be called in. Check your contract.

Submitted by demolay on Fri, 08/22/2008 - 14:57.

Especially the fine print. This is what happened at the beginning of the Great Depression. The Fed (yeah, the same one) made credit easy, then stopped. The banks had their money out and needed to cover their own deals, so they called in most loans. If you were a business man or homeowner, where could you go to borrow money? Many people lost their homes, many small business went under. Some large corporations went to the only people besides the Fed that had money. Organized crime was making lots of cash off of illegal booze, and gangsters loaned money to major corporations, thereby becoming legitimate businessmen eventually. We are seeing just the beginning of what is happening, Dr. Paul estimates that we are only about 25% of the way into this depression. He used Japan for an example, their economy has been suffering for 15 years. The answer to the main problem is such a simple one, we just need to pay the lower class a lot more, and the middle class more. Let people earn enough to live on. That is the best way to stimulate the economy.

Great Idea

Submitted by Bob W on Fri, 08/22/2008 - 15:33.

Tell that to the people that voted for NAFTA.

—

Bob W., Naples, FL

Anyone have a guess as to which Big Bank will fail?

Submitted by Susan on Wed, 08/20/2008 - 10:30.

There are several candidates floating around the web.

bank of the west

Submitted by riverrun on Fri, 08/22/2008 - 17:20.

I talked to the friendly folks at Bank of The West today. They assured me they won't go under, primarily because they are really big.

Maybe they will and maybe they won't.

The bigger question is how many over the next two fridays.

Submitted by rhino on Wed, 08/20/2008 - 10:32.

WAHOR!!
http://www.dailypaul.com/node/48994

—

WAHOR!!
http://www.dailypaul.com/node/48994

True but when a huge household name hits the shreader

Submitted by Susan on Wed, 08/20/2008 - 10:38.

a wave of panic will ensue.

There won't be any big ones yet.

Submitted by rhino on Wed, 08/20/2008 - 10:41.

WAHOR!!
http://www.dailypaul.com/node/48994

—

WAHOR!!
http://www.dailypaul.com/node/48994

Its time to bring the FFF back.

Submitted by rhino on Wed, 08/20/2008 - 10:19.

Things are going to get interesting this Friday and especially next.

WAHOR!!
http://www.dailypaul.com/node/48994

—

WAHOR!!
http://www.dailypaul.com/node/48994

Come on bucfish ...

Submitted by rhino on Fri, 08/08/2008 - 09:10.

We already started posting on your 8/1 post. Can you delete this and simply udate that one.

Just a thought.

WAHOR!!
http://www.dailypaul.com/node/48994

—

WAHOR!!
http://www.dailypaul.com/node/48994

I prefer to start a new one every week

Submitted by bucfish on Fri, 08/08/2008 - 09:12.

That way we have no confusion!

"we can start the world anew" TP

Man was born to be free and independent

So be it co-FFF comrad.

Submitted by rhino on Fri, 08/08/2008 - 09:24.

WAHOR!!
http://www.dailypaul.com/node/48994

—

WAHOR!!
http://www.dailypaul.com/node/48994

Please take the time today to tell at least one friend about Dr. Paul, his message, why you support him, and why our country needs him now more than ever. This is a grassroots campaign. We are the grass and we are the roots. The other candidates may have more money, but Dr. Paul has something that no amount of money can buy: He has us. He has our trust, our belief, our support and our love. Let us not let Dr. Paul, nor our country down.

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How many banks announced tonight? Friday 8-29-08

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