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You are visiting my site on: July 22, 2024


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Here we go again. The second and third largest bank collapses in America took place last week. The banks were negligent in their lending practices, and did not have enough reserves in place. But why worry about it. After all, the federal government is there to bail them out, like they always seem to do. These banks are supposedly too big to fail, yet when they do, they are the first in line to ask for a government bail out. Billions of dollars paid by, guess who? You and me. I write about poor bank practices and the poor government regulation in my new column now posted. You can read it by going to the Red Flashing Box above or by Clicking Here.

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