Economy In Turmoil Can’t Be Fixed With Farcical Regulation

8th July 2009

The Friday night, June 27th FDIC Financial Follies were presented again at 9:00 pm EST. That is so the public will not hear about the failures. Five U.S. banks with total assets of about $1.04 billion were seized by regulators, pushing this year’s tally of failures to 45 as a recession drives up unemployment and home foreclosures. Read the rest of this entry »

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