US Banks about to crash

[Xaverius]

No one owns the earth, however rich, powerful and deluded they may be. The earth owns each and all of us.
The path of all peoples leads from ashes to ashes and from dust to dust  .... KneeDeep

Quote from a central banker "Take away all of the wealth of the world today, and by tomorrow, with the stroke of a pen(to write a check with) I will bring it all back into existence.

[hoptoad]

Quote from a central banker "Take away all of the wealth of the world today, and by tomorrow, with the stroke of a pen(to write a check with) I will bring it all back into existence.

He's got a God complex I'd say. Give him a shot of humility and let him eat his check when he's hungry   

[utilitarian]

If you really truly think banks are about to crash, well, get rid of all your cash by converting it into real estate or gold or other tangible good that can be traded if currencies were to collapse.

[Yucca]

Friday 1st August, another one bites the dust:

First Priority Bank in Bradenton Florida.

http://www.fdic.gov/bank/individual/failed/firstprioritybank.html

[z.monkey]

Howdy Y'all,

This is all about Karma.  Money is inseparably connected to Karma.  If you run a dishonest business, or worse yet a dishonest world economy you can expect it to fail.  Fiat money can be created out of nothingness, so it is worth nothing.  The only thing that actually has value is human labor.  Everything else is raw materials or products.  Products are of greater value than raw materials because human labor has been expended to produce them.  Gold ore is a raw material.  A gold coin is worth more because human labor is required to transform the gold ore into coinage.  The coins can be transformed into a more valuable product by adding more labor, say by turning the coin into a gold wedding ring.  The Federal Reserve creates money out of nothingness then loans it to the US Government at interest.  This means the US Government cannot possibly ever repay the debt.  Think of the unbelievable amount of bad karma that the Federal Reserve has accumulated, of course they are going to fail, its just a matter of time.  Money will be based on precious metals and other valuable materials again in the future.  The coming total collapse of the world economy will guarantee that.

Blessed Be Brothers...