Goldmine Intersection: Another one (well actually three) bites the dust

Sunday, October 04, 2009

Another one (well actually three) bites the dust

It seems lately that hardly a week goes by that the weekend news doesn't have an article or report about another bank(s)closing.

Unless it happened to your bank you probably put it down to just another hiccup in the ongoing illness that besets the national and global economy. Ho-hum......well, that's what the FDIC is for. They'll take care of things. Right?.......Right??

This weekends closings come in Michigan, Colorado and Minnesota. Between them the three banks had deposits of $585,300,000.00 and assets, which really means loans outstanding, of $633,800,000.00.

Some would ask, "if the banks are supposed to have a reserve of 10% how can they loan out more money than they take in"?

It's not too hard if you take a close look at the second largest criminal enterprise in the country, second only to the bloated, diseased Federal Government.

No wonder we're in such a mess.

3 comments:

Jean said...: Crikey. When will it end?; 10:07 PM
kdzu said...: Likely not for a while.; 12:00 PM
GUYK said...: Lot of reasons banks are in trouble and most of them are because of congress; 6:56 PM

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Treason

Whereas, on the 14th of December, 2011, the House of Representatives of these United States voted in favor of indefinite military detention, without charges, of any American, anywhere, anytime, without due process of law, at the discretion of the government alone;

Whereas, on the 15th of December, 2011, the Senate of these United States voted in favor of the same bill;

Whereas, on the 31st of December, 2011, the President of the United States signed the same;

Whereas, the proscription against the use of military force to police the populous has been an essential feature of American civic life and civic liberty since the arrival of our civilization upon this continent;

Whereas, the wanton violation of this proscription was one of the chief causes of the separation of the American peoples from their government in Great Britain;

Whereas, the Constitution so chartering the government of these United States does not grant this power;

Whereas, the Constitution forbids the addition of any power not enumerated to the general government;

Whereas, the use of such draconian measures has been an essential feature of the enforcement of tyranny by totalitarian governments of the 20th century, including, but not limited to, the Nationalist-Socialist government of Germany, the fascist government of Italy, the government of the United Soviet Socialist Republics, and the government of Vietnam;

Whereas, the use of such draconian measures is carefully calculated to quash all political dissent amongst a captive people;

Whereas, the codification of such draconian measures effectively nullifies all civil liberties the people may hope to hold;

Whereas, the codification of such draconian measures are the last act in the quest to hold a people captive to the rapacious will of their government without recourse;

And whereas, the codification of such draconian measures is an act of war against the populous at large;

Therefore, be it declared that a STATE OF WAR formally exists between the Government of these United States and the People of these United States.

We, the People of these United States, declare any and all attempts to enforce the provisions of HR 1540 to be unlawful, void, and of no force.

We, declare ALL WHO voted in favor of HR 1540, and ALL WHO attempt to enforce HR 1540 to be traitors to these United States, punishable under law.

We, SHALL DISOBEY, APPREHEND, OR RESIST WITH DEADLY FORCE, in our discretion, any person who attempts to enforce the provisions of HR 1540.

We, SHALL NOT aggress against any employee of any American government who shall not attempt to enforce or aid and abet the enforcement of HR 1540, they being as trapped as the rest of the populous.

Such STATE OF WAR shall continue until HR 1540 is stricken from the code of law, and all who had hand in HR 1540 are brought to justice under due process of law.

Signed and witnessed by we, the individual citizens of these United States, below:

Kdzu