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YTD Bank Closures 114 as of 8.20.2010

Another 4 more banks taken over by the FDIC, or as the government would spin it “these are signs of the economy recovering” (sarcastic).  My last update was back in YTD Bank Closures 108 as of 7.30.2010.  I will make a better effort to try to post these every Friday which is when the FDIC [...]

Gerald Celente video Greatest Depression

The economy has not recovered and all you have to do is look around.  What needs to be done?  I think the government needs to recognize what the true problems are and spend accordingly.  We have wasted too much money on bailouts, stimulus packages, cash for clunker junkers.  Seriously, what I have called the Bush-Obama [...]