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Don't Panic! Total banking collapse in May?
Youtube Video ^
| April 20, 2009
| FeverIAm
Posted on 04/20/2009 8:59:12 PM PDT by Errant
Link to FeverIAm's video about possible difficulties revealed by the recent government stress tests.
- Obama grinning from ear to ear.
TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: banking; collapse; federal; reserve
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In my opinion it is important to keep a little extra cash on hand. Also, a pantry full of food, water, some kind of weapon for protection and a full tank of gas in your vehicle.
1
posted on
04/20/2009 8:59:12 PM PDT
by
Errant
To: Errant
2
posted on
04/20/2009 9:00:45 PM PDT
by
Errant
To: Errant
I agree, we are very, very, very, very screwed.
3
posted on
04/20/2009 9:07:09 PM PDT
by
Porterville
( I have come here to chew bubblegum and kick ass... and I'm all out of bubblegum)
To: Porterville
Everything was so rosey the last few months for the finanicals. Literally overnight the market turns with no true information. Makes one wonder who really is behind the curtain on Wall Street.
To: Porterville
Everything was so rosey the last few months for the finanicals. Literally overnight the market turns with no true information. Makes one wonder who really is behind the curtain on Wall Street.
To: Errant
Never let a good crisis go to waste ... and never miss an opportunity to turn a near-crisis into a full crisis, see above.
6
posted on
04/20/2009 9:19:59 PM PDT
by
coloradan
(The US has become a banana republic, except without the bananas - or the republic.)
To: Orange1998
The bad debt has to be shaked out. Next, the freeloaders in the economy have to be retrained to manufacturing and physical labor or learn to do something productive. Three, the fat and lazy babyboomers have to retire or learn to pick cabbage. Four, the government pension plans have to be cut to Zero. Five, taxes have to be cut.
7
posted on
04/20/2009 9:20:14 PM PDT
by
Porterville
( I have come here to chew bubblegum and kick ass... and I'm all out of bubblegum)
To: coloradan
8
posted on
04/20/2009 9:20:36 PM PDT
by
mick
(Central Banker Capitalism is NOT Free Enterprise)
To: Errant
9
posted on
04/20/2009 9:21:00 PM PDT
by
unkus
To: Orange1998
Sudden turns in the market are highly correlated with unexpected Congressional legislation proposals, or sudden changes in the likelihood of previously unpassable legislation making it into law. The news over the weekend regarding Congressional action on credit card terms and conditions is a good example and the change that was priced in on Monday, 20Apr09. The unpredictability affects the models used by professional investors trying to estimate the future marginal cost of a share in publicly traded corporations.
10
posted on
04/20/2009 9:22:44 PM PDT
by
sefarkas
(Why vote Democrat Lite?)
To: Orange1998
It’s the “stress test” kabuki dance.......now traders are as spooked as investors.
11
posted on
04/20/2009 9:22:50 PM PDT
by
MamaLucci
(It's Mourning In America........)
To: Errant
This may become more useful in time...
12
posted on
04/20/2009 9:24:07 PM PDT
by
ProfoundMan
(RightyPics.com)
To: Errant
OK. But seriously..this guy could use some public speaking training.
13
posted on
04/20/2009 9:26:09 PM PDT
by
AndrewB
(FUBO)
To: sefarkas
Could you simplify into plain english, please.
14
posted on
04/20/2009 9:27:10 PM PDT
by
unkus
To: AndrewB
He’s weird, for sure. But some of the weird ones have it right.
15
posted on
04/20/2009 9:27:54 PM PDT
by
unkus
To: Errant
In my opinion it is important to keep a little extra cash on hand. Also, a pantry full of food, water, some kind of weapon for protection and a full tank of gas in your vehicle.Barter items may be better than cash. A 10# bag of loose SILVER coins, bags of coffee, sugar, or other staples, and of course, lead, are all needed items and can easily barter!
I bought 150 gallons of gasoline a couple of months ago, at $149.9 in jerry cans (SAFELY STORED), and 5 cases of oil. My auto and motor home also have full tanks. I have 6 propane tanks, as well (gotta feed the weber grill!!!).
It's dead, Jim...
16
posted on
04/20/2009 9:29:49 PM PDT
by
WVKayaker
( God said, 'Cancel Program GENESIS.' The universe ceased to exist.- Arth. C. Clarke's shortest story)
To: AndrewB
I just wanted to erase that blackboard, watching.
Couldn’t finish. Sorry.
To: Errant
I’ve never heard of Don’t Panic! How often is this ghoul right?
To: Porterville; wardaddy
“Three, the fat and lazy babyboomers have to retire or learn to pick cabbage.”
Excuse me?
Which fat and lazy boomers are you speaking of?
This one, and the one pinged, as well as many, many others are busy employing GenXers and GenYers.
Sheesh! You could show some respect!
Nevermind...I’ll be busy showing you absolutely no respect at all.
19
posted on
04/20/2009 9:31:38 PM PDT
by
dixiechick2000
(Rightwing extremist on the DHS hit list...and proud of it!)
To: WVKayaker
You might get some of the gasoline preservative you put in gas to keep it from going bad. I know nothing of it but have heard about it.
20
posted on
04/20/2009 9:34:38 PM PDT
by
unkus
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