Author Topic: Bank failure  (Read 4539 times)

Pshrynk

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Re: Bank failure
« Reply #15 on: July 16, 2008, 03:16:31 PM »
^^^^

and that's one of the factors that becomes a self-fulfilling prophecy

Offline time2shine

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Re: Bank failure
« Reply #16 on: July 16, 2008, 04:01:00 PM »
What bank in CA?

IndyMac


My sister worked at IndyMac, and luckily left about a year ago  :-\.

GASlick

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Re: Bank failure
« Reply #17 on: July 16, 2008, 06:30:09 PM »
I agree with the "self induced mass hysteria"  People will do whatever they want to do for the most part.  I see just as many Tahoes, Yukons, Explorers and new cars with drive-off tags as I ever have.  People will FIND a way to do what they want to do.  That's just the brutal truth.  People CHOOSE what THEY want to do with THEIR money.




Offline tomgallagher

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Re: Bank failure
« Reply #18 on: July 16, 2008, 07:42:39 PM »
Sorry I got political there



Not any more so than injecting 'REAGAN DEPRESSION' as a comment -- give me a friggin break!
Sorry I got political there

Not any more so than injecting 'REAGAN DEPRESSION' as a comment -- give me a friggin break!

Ya think.

Offline Razor X

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Re: Bank failure
« Reply #19 on: July 16, 2008, 08:38:11 PM »
My father was a kid during the Depression (the 30s one- not the Reagan Depression of the 80s) and told me stories about bank failures. Guess what, folks: the 30s are BAaack...

If the 80s were a Depression, then I say let's have another one ASAP.

GASlick

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Re: Bank failure
« Reply #20 on: July 16, 2008, 08:43:19 PM »
RazorX - I was trying to figure out what 80's depression myself.  I wasn't going to post something I wasnt sure about.   I tend to remember lots of UP times.  Then again I was a teenager so I wanted to make sure I hadn't missed something.  I don't recall anything recessive about the 80's.

Offline wpruitt

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Re: Bank failure
« Reply #21 on: July 16, 2008, 09:18:19 PM »
My father was a kid during the Depression (the 30s one- not the Reagan Depression of the 80s) and told me stories about bank failures. Guess what, folks: the 30s are BAaack...

If the 80s were a Depression, then I say let's have another one ASAP.
Early 80's at the end of the Carter Administration - Prosperity hit about 83 - 84
"Far better it is to dare mighty things, to win glorious triumphs, even though checkered by failure, than to take rank with those who neither enjoy much nor suffer much, because they live in the gray twilight that knows not victory nor defeat." - Theodore Roosevelt

Offline skiking

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Re: Bank failure
« Reply #22 on: July 16, 2008, 10:10:56 PM »
I saw an interview with one of the guys in line waiting to get his money, he said he had 160k in one account and was angry because he lost so much money.  I didn't feel bad for the guy because he wasn't bright enough to keep his account under the 100k that the FDIC insures.
<a href="http://www.imagechef.com/" target="_blank"> [img width= height= alt=ImageChef.com - Custom comment codes for MySpace, Hi5, Friendster and more]http://cdnll.img1.imagechef.com/w/080412/samp0822bbc474fba031.jpg[/img] [/url]<img style="visibility:hidden;width:0px;height:0px;" border=0 width=0 height=0 src=

Offline Pcsteve

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Re: Bank failure
« Reply #23 on: July 18, 2008, 04:22:12 PM »
There's no point panicking on my end..I have no money in the bank, no plan for retirement other than the lottery, and nothing to my name but my debt.  However, I do feel bad for those single parents out there with kids--it's hard enough paying bills one my miserable salary with just me.  I can't imagine how folks worse off than me are doing.

Have no fear, Obama and McCain are both promising to fix every single problem in the financial sector, eliminate violence in the mid east, and basically guarantee peace on earth and to all a good night.  Do we have the option of voting none of the above?  or better yet, can we take the better parts of both candidates and combine them together and maybe actually have a halfway decent hope of success?


:)  Now where did  put that lottery ticket. 

Offline Jer

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Re: Bank failure
« Reply #24 on: July 19, 2008, 07:28:05 AM »
Do we have the option of voting none of the above?

If we quit voting, will they all go away?

Offline skiking

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Re: Bank failure
« Reply #25 on: July 19, 2008, 10:11:26 AM »
Have no fear, Obama and McCain are both promising to fix every single problem in the financial sector, eliminate violence in the mid east, and basically guarantee peace on earth and to all a good night.  Do we have the option of voting none of the above?  or better yet, can we take the better parts of both candidates and combine them together and maybe actually have a halfway decent hope of success?

Just write in Optimus Prime.  Just think how cool that would be.
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