Julius 7 - 3: Okay
@rangerrobin how about this. I am not sure if Fuzzy knows information or if his senses are just kicking in on the bank thing. Remember not too far back I believe it was Greece had this big issue with their banks? They closed, all of them closed. None of the people could access the bank or get their money out. $20 a day per account or family, no matter if your family was as large as six people. The law stated that since the money was being held in the bank, it was the banks to use.
The people lost a fortune, retirements gone dwindled as much as 80%, savings accounts dwindled again as much, and don't forget your checking account. So the banks took their money in the bank. I have enough in there to pay my bills and a little more. The rest is cash. Guess who has the same laws on the books?
U.S. Housing Market crash: About 40 years ago a certain kind of stock market playing was made illegal. Betting on the market. Like I bet gold will go up in price tomorrow or down. If I am right I make money, if I am wrong I lose money. So first set up everyone you can with loans that will go up in interest first, who you know can not afford the house in the first place, and to 100,000's people and more. Then bet in the stock market that the housing sector is going to crash..... It does and the bank and people who bet on it make some 200 billion dollars.
We the people are then forced to bail out the banks, because "They" lost money. One line above, and after the gov. just forks over some cash they say thank you at the beaches.
Just waiting for the right excuse to go, now....... was a cool 108 degrees today.
