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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?


To: mph who wrote (76107)12/19/2009 5:30:28 PM
From: Sully-  Read Replies (1) | Respond to of 90947
 
2009 Bank Failure Reach 140

By Mark Noonan on Financial Crisis

And worse is to come for 2010:


<<< Seven U.S. banks were seized by regulators, bringing this year’s total of failed lenders to 140 as financial companies are tested by the recession and the Federal Deposit Insurance Corp. anticipates more shutdowns…

…Earlier this week, the FDIC boosted its 2010 budget by 56 percent to $4 billion to manage further shutdowns.
The total budget will increase from $2.6 billion and the set-aside for bank failures doubles to $2.5 billion over this year, according to a proposal approved by the FDIC board. The agency staff will increase to 8,653 next year from 7,010 this year. >>>

They’re setting aside money and beefing up staff because they know what is coming - regardless of all the happy talk from the Banksters and Bureaucrats, the economy remains deeply recessed and there is no indicating that we’ll genuinely climb out of it in 2010 (yes, liberals, I know GDP numbers say we’re out, already - but I’m dealing in reality, not government happy-talk).

I’m hunkering down - don’t know what, exactly, is going to happen but I’m not expecting it to be pretty.


blogsforvictory.com



To: mph who wrote (76107)12/19/2009 9:11:29 PM
From: Sully-2 Recommendations  Read Replies (2) | Respond to of 90947
 
***** Heh! Heh! This sounds like one of your posts.
:-)
*****

A Perfect Climate Storm

By: Victor Davis Hanson
The Corner

A satirist could not dream up Copenhagen. Icy-cold temperatures and snow descend on both Copenhagen and Washington at the time of the conference. It is preceded by one of the great scandals in recent academic history with Climategate and the fabrication of climate-change evidence. Al Gore has to cancel his pay-for-photo meet-and-greet session and then wildly misquotes one of his alleged experts. The world's creepiest thugs like Mugabe and Chavez are given air time -- and even applause for their anti-Western communist rants. Obama flies in to do an Olympic-lobbying-type quickie, and even his sudden fire-in-the-belly sermons are of no avail. More and more details leak about global warming's international advocates and their green capitalist, conflict-of-interest profit-making. Carbon-spewing private jets dot the tarmac, while gas-guzzling limos line up outside the hotels. Who in their right-mind would give up any shred of autonomy to this bunch

corner.nationalreview.com