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FDIC asks Americans to keep their money in the banks

FDIC asks Americans to keep their money in the banks Yesterday the Chair of the FDIC released an astonishing video asking Americans to keep their money in the bank. Accompanied by soft piano music playing in the background, the official said: “Your money is safe at the banks. The last thing you should be doing […]

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Farmageddon: Farm Loan Delinquencies And Bankruptcies Soar, Incomes Plunge

Farmageddon: Farm Loan Delinquencies And Bankruptcies Soar, Incomes Plunge Following years of depressed farm income and rising debt levels, a review of the Federal Deposit Insurance Corporation (FDIC) quarterly report by Tri-State Livestock News reveals that “delinquency rates for commercial agricultural loans in both the real estate and non-real estate lending sectors are at a six-year high.” About […]

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Federal Regulators Accuse Banks Of Not Having Credible Crisis Plans, Would Need Another Bailout

Federal Regulators Accuse Banks Of Not Having Credible Crisis Plans, Would Need Another Bailout Perhaps the biggest farce to result from the Dodd-Frank legislation designed to “rein in” banks was the ridiculous notion of “living wills” –  a concept that makes zero sense in an environment where the failure of even one bank assures a […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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