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Thursday, June 17, 2010

More Than 90 Banks Missed May's TARP Payments

IF one only listened to the MSM (mainstream media) - which - at BEST is only a mouthpiece for the government - you'd think the US economy is well under way to a full recovery. Well, think again. The highlights of this piece that somehow took a MONTH to even make it as a CNBC link:

It was the first missed payment for 23 of the banks; for the others, it was at least their second miss...

The number of banks missing their TARP payments rose for the third straight quarter. In February, 74 banks deferred their payments; 55 deferred last November.....
SNL Financial's analysis found 20 banks have missed four or more payments since the program began in 2008, while eight banks have missed five payments.....
While many of the largest U.S. banks easily repaid billions in TARP aid, more than 600 smaller banks still hold $130 billion from the program, created at the height of the financial crisis.

Makes you feel all warm and fuzzy about the future manipulations by the government and the banks - doesn't it? http://www.cnbc.com/id/37732312 Barfable.

Believers vs Skeptics - ying, yang - Psychic Medium Experiment Not Enough to Convince Skeptics - http://www.skeptiko.com/psychic-medium-experiment-not-enough-for-skeptics/ - Great Stew comments.

Oh, in other news - 50 Statistics About The U.S. Economy That Are Almost Too Crazy To Believe - http://endoftheamericandream.com/archives/50-statistics-about-the-u-s-economy-that-are-almost-too-crazy-to-believe - more unbelievable stats about our worthless politicians and the system they have set up for themselves. Total Barf.

The ULTIMATE World Cup Girls (virtual) Photo - https://files.nyu.edu/jte223/public/images/World_Cup_Football_Girls_623200653711PM786.jpg

How about an over the top  - too good to believe - UFO video - shot from an airplane? Sure.


Folks, I have a GREAT sidebar ---> please check it out.


CuraDebt

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