Archive for July 17th, 2011

Too Big To Fail?: 10 Banks Own 77 Percent Of All U.S. Banking Assets

Too Big To Fail?: 10 Banks Own 77 Percent Of All U.S. Banking Assets

Back during the financial crisis of 2008, the American people were told that the largest banks in the United States were "too big to fail" and that was why it was necessary for the federal government to step in and bail them out.  The idea was that if several of our biggest banks collapsed...
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Posted in Financial, OP/ED | No Comments »

Hawai`i: A Nice Place to Wait Out “Armageddon”

Hawai`i: A Nice Place to Wait Out “Armageddon”

Does anyone actually understand what is going to happen if the military and Social Security are not paid on August 4?  Even if they are only delayed for one day? Do we all understand that the FDIC will no longer insure bank and savings accounts?  That any money you have in the bank will probably...
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Posted in Collapse, OP/ED | 37 Comments »