It's becoming increasingly difficult to monitor the Feds bank seizure activity as they embark on Stealth maneuvers. Once again, right after each bank closed Friday night the Feds moved-on two more banks, one in Georgia and the other in Texas.
Haven Trust Bank in Duluth, Georgia and Sanderson State Bank of Texas become the 24th and 25th Bank to fail this year. The FDIC's fund has been dwindling as an increase in bank failures has taken its toll, reducing the fund to $34.6 billion at the end of the third quarter.
FYI - SBYnews has now deployed night vision goggles to try and help monitor the Feds stealth activity in order to cover these events. Remember, you read here first on SBYnews.
http://www.reuters.com/article/marketsNews/idUSN1247047020081213
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
5 comments:
Thats why you rob armored cars.
It makes me sick to see our own gov. slowly force us into socialism. But i'll keep the faith and be one of the last to hold on to freedom.Whats to lose? I can always fall back on the pussy socialist society that we are becoming and not be any worse off than any other socialist out there .
Are you,American? You cant give up. If you give up and quit on your country were in a whole nother game, that aint gonna be on no web. Your gonna stand tall and fight like a man for your children and your grand-babies if you got them. Are you ready??? (Its not what you live with, its how proud you die). I dont ever want to hear this bull-shit again.
not talking about it is how we go in the dire straights were in now.Lets not not talk about it again ok ?......And yes i'm more American than American, how bout you?
Socialism - takes the 'heart and soul' out of a Country. When the Feds approved the TARP funding - (your Gov. buying and owning preferred shares in struggling banks, insurance Co., and now GM, FORD, Chrysler, and who knows what else is coming down) - then our Country has taken a fork in the road that will further deteriorate our condition.
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