Could she be lining herself to run for President or maybe on a ticket as Vice-President? I don't know, but I like how she is taking a stand for her State and America on illegal immigrants. Keep it up Gov. Brewer!
Monday, June 28, 2010
Sunday, June 27, 2010
Bank Closings - June 25, 2010
1. High Desert State Bank, Albuquerque, New Mexico, was closed today by the New Mexico Financial Institutions Division, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The two branches of High Desert State Bank will reopen on Monday as branches of First American Bank. Depositors of High Desert State Bank will automatically become depositors of First American Bank. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $20.9 million.
2. First National Bank, Savannah, Georgia, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The four branches of First National Bank will reopen on Monday as branches of The Savannah Bank, N.A. Depositors of First National Bank will automatically become depositors of The Savannah Bank, N.A. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $68.9 million.
3. Peninsula Bank, Englewood, Florida, was closed today by the Florida Division of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The 13 branches of Peninsula Bank will reopen during normal business hours on Saturday as branches of Premier American Bank. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $194.8 million.
So, there was 3 bank closings with 19 branches affected.
Total Bank Closings (year-to-date) = 86
Cost to the FDIC (We The People) this week... $284.6 million
Cost to the FDIC (We The People) for 2010 thus far ... approx. $18.1 BILLION
2. First National Bank, Savannah, Georgia, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The four branches of First National Bank will reopen on Monday as branches of The Savannah Bank, N.A. Depositors of First National Bank will automatically become depositors of The Savannah Bank, N.A. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $68.9 million.
3. Peninsula Bank, Englewood, Florida, was closed today by the Florida Division of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The 13 branches of Peninsula Bank will reopen during normal business hours on Saturday as branches of Premier American Bank. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $194.8 million.
So, there was 3 bank closings with 19 branches affected.
Total Bank Closings (year-to-date) = 86
Cost to the FDIC (We The People) this week... $284.6 million
Cost to the FDIC (We The People) for 2010 thus far ... approx. $18.1 BILLION
Tuesday, June 22, 2010
No Congressional Budget This Year
Cancelled: There Will Be No Congressional Budget This Year
***The Following Is An Important Fiscal Health Announcement***
Washington (Jun 22)
In light of House Majority Leader Steny Hoyer’s (D-MD) announcement this morning that House Democrats will not pass a budget this year – failing to fulfill what he has called “the most basic responsibility” of governing – the following important fiscal health warning has been issued:
THE BUDGET HAS BEEN
CANCELLED
WE REGRET TO INFORM YOU THAT
THE CONGRESSIONAL BUDGET
PLANNED FOR FISCAL YEAR 2011 HAS BEEN CANCELLED DUE TO WASHINGTON DEMOCRATS’ OUT-OF-CONTROL SPENDING SPREE.
AN APOLOGY FOR THIS BETRAYAL OF AMERICAN TAXPAYERS DOES NOT APPEAR TO BE FORTHCOMING AT THIS TIME.
BE ADVISED THAT THE FOLLOWING SERVICES WILL BE INTERRUPTED:
Imposing the fiscal discipline economists say is needed to create jobs and boost our economy
Reining in the out-of-control spending spree that is killing American jobs
Carrying out the “most basic responsibility of governing”
Stopping middle-class tax hikes that will sock family budgets at the worst possible time
Providing the leadership on jobs and the economy that Americans say is sorely lacking
Protecting our kids and grandkids from the enormous debt burden Washington has placed on them
We reserve the right to notify you of additional consequences that may arise in light of this budget failure, which is unprecedented in the modern era. In the interim, please brace for more spending, more debt, more tax hikes, more broken promises.
For families and small businesses looking for a government that listens to the people it serves and respects their hard-earned money, House Republicans are offering better solutions to cut spending now and help small businesses put people back to work.
Monday, June 21, 2010
Laws Don't Mean Anything, Anymore
The Sec. of Labor doesn't care if you are documented or not, you have the right to the same wages as those that are here legally. I'm sorry, but the illegal immigrant should not be getting a job here, and if they happen to find someone that will hire them illegally then they get the wages they agree upon.
Sunday, June 20, 2010
This Is A Little Fishy
Ryan Danoff and two friends found themselves eye to eye with a periscope off the Florida coast. The periscope sank beneath the waves, and whatever was below the surface blew its ballast, sending aloft a mighty hiccup of bubbles. Coast Guard Petty Officer Barry Bena said Danoff's information went to the proper authorities. "As of right now, they're still looking into it," he said.
So could it have been a Navy sub taking a peek at the beach? "It's kind of uncommon," Bena said.
Okay, it could have been a Navy sub looking at the girls on the beach...but whose Navy sub?
So could it have been a Navy sub taking a peek at the beach? "It's kind of uncommon," Bena said.
Okay, it could have been a Navy sub looking at the girls on the beach...but whose Navy sub?
Are People Waking Up?
I don't know if people are waking up, but I think it will be an interesting next few months leading up to the November elections.
Saturday, June 19, 2010
Bank Closings - June 18, 2010
Well only one bank with five branches this week. The concerning part is the bank failure is the 83rd in 2010 which puts the pace more than double last year's. Do you not think this is a concerning trend? Well there are 775 banks on the FDIC problem bank list. Now what do you think?
1. Nevada Security Bank, Reno, Nevada, was closed today by the Nevada Financial Institutions Division, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The five branches of Nevada Security Bank will reopen on Monday as branches of Umpqua Bank. Depositors of Nevada Security Bank will automatically become depositors of Umpqua Bank. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $80.9 million.
Total Bank Closings = 83
Cost to the FDIC (We The People) this week... $80.9 million
Cost to the FDIC (We The People) for 2010 thus far ... approx. $17.8 BILLION
1. Nevada Security Bank, Reno, Nevada, was closed today by the Nevada Financial Institutions Division, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The five branches of Nevada Security Bank will reopen on Monday as branches of Umpqua Bank. Depositors of Nevada Security Bank will automatically become depositors of Umpqua Bank. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $80.9 million.
Total Bank Closings = 83
Cost to the FDIC (We The People) this week... $80.9 million
Cost to the FDIC (We The People) for 2010 thus far ... approx. $17.8 BILLION
Wednesday, June 16, 2010
Bank Closings-June 11, 2010
A little late as I tried to get on the FDIC website over the weekend and their site must have been down.
A little bit of unusual activity this week was that the press release was translated in Chinese...yep, Chinese! I don't know why, but will see it it continues to happen.
1. Washington First International Bank, Seattle, Washington, was closed today by the Washington Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The four branches of Washington First International Bank will reopen during normal business hours beginning Saturday as branches of East West Bank. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $158.4 million.
Total Bank Closings = 82
Cost to the FDIC (We The People) this week... $158.4 million
Cost to the FDIC (We The People) for 2010 thus far ... approx. $17.7 BILLION
Addendum: I found out that East West Bank is a Chinese American Bank with branches in America and China. That is why there is a translation of the press release in Chinese. See Wikipedia link here.
A little bit of unusual activity this week was that the press release was translated in Chinese...yep, Chinese! I don't know why, but will see it it continues to happen.
1. Washington First International Bank, Seattle, Washington, was closed today by the Washington Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The four branches of Washington First International Bank will reopen during normal business hours beginning Saturday as branches of East West Bank. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $158.4 million.
Total Bank Closings = 82
Cost to the FDIC (We The People) this week... $158.4 million
Cost to the FDIC (We The People) for 2010 thus far ... approx. $17.7 BILLION
Addendum: I found out that East West Bank is a Chinese American Bank with branches in America and China. That is why there is a translation of the press release in Chinese. See Wikipedia link here.
Monday, June 14, 2010
The Greatest Generation
Not many of this era are left. We need to thank them for all they did for this nation and the world. Many would be rolling over in their graves if they knew what was happening to the nation they proudly served. This is a tribute to not only the men, but the B-25
. Take five minutes and enjoy.
. Take five minutes and enjoy.Saturday, June 12, 2010
The Sun Is Awakening
"The sun is waking up from a deep slumber, and in the next few years we expect to see much higher levels of solar activity. At the same time, our technological society has developed an unprecedented sensitivity to solar storms. " "." It noted how people of the 21st-century rely on high-tech systems for the basics of daily life. Smart power grids, GPS navigation, air travel, financial services and emergency radio communications can all be knocked out by intense solar activity. A century-class solar storm, the Academy warned, could cause twenty times more economic damage than Hurricane Katrina."
And...
The U.S. House of Representatives passed H.R. 5026, the Grid Reliability and Infrastructure Defense (GRID) Act. "Under the bill, the President could declare a threat if there is a substantial likelihood of a cyber attack, electromagnetic weapon attack, geomagnetic storm, or direct physical attack on the bulk power infrastructure."
And...
And:
I don't know if it a coincidence or not, but why did congress pass a bill now?
And...
The U.S. House of Representatives passed H.R. 5026, the Grid Reliability and Infrastructure Defense (GRID) Act. "Under the bill, the President could declare a threat if there is a substantial likelihood of a cyber attack, electromagnetic weapon attack, geomagnetic storm, or direct physical attack on the bulk power infrastructure."
And...
And:
I don't know if it a coincidence or not, but why did congress pass a bill now?
Friday, June 11, 2010
Enough Is Enough
President Obama Friday repeated his call for Congress to pass a $30 billion package to help stimulate jobs.
Okay, when is enough...enough? We have already thrown about $1 Trillion at the so called stimulus to help stimulate jobs and what have we gotten...nothing, nada, zip! The economy is still in the crapper, the jobs are still being lost and the last money thrown to the banks to help small businesses are still sitting in the bank vaults. The loan process has become so tight that well run, financially stable businesses are struggling to get loans. Plus, most smart business leaders don't want to take any money that has government strings attached. Business owners also are wondering what the whole Obamacare crap is finally going to look like as the president has said the the employers will have to provide health care for the employees and families. How much will this cost, no one knows the real answer. Why would I want to expand when I don't know what my costs will be down the road?
The real problem is that the president wants to get more voters. He is willing to buy them with $30 billion. But at what cost? The federal deficit for this year is estimated to be between $1.6 and $1.9 TRILLION. Add that to our federal debt of $13+ TRILLION and you now have about $15 TRILLION. The forcasted GDP of the U.S. by years end is $15 TRILLION. Look at this chart
Look at the 1930's. Remember the 1930's, uh...the Great Depression. Look at the percent GDP was less than 20% and rising to 40% quickly in the late 30's. Now look at today. Percent GDP is about 92% and look at the slope of angle. Pretty steep , just like the thirties and forties (WWII), 1914-1918 (WWI), and 1860 (Civil War).
Moral of this story, we are not out of this DEPRESSION! There will be more pain to come economically. The PTB (powers to be) are still throwing our money at the job market. This won't work. We need to be paying down or debt. We have a huge debt and it keeps growing. WE need a balanced budget and a debt reduction plan, not a deficit reduction plan. People will need to go through some pain. Entitlement programs will need to be drastically reduced or ended. Wasteful government offices need to eliminated, like the Department of Education (what have they done for the billions of dollars?). Social Security is "bankrupt" and the baby boomers are a year away from entering the SSA programs. How will we be able to support this group? When you add the debt plus the unfunded liabilities it is over $109 TRILLION. We cannot continue down this path. Countries that have bought our debt will eventually want their money back...what will be do? How's your Chinese? You think about that!
Okay, when is enough...enough? We have already thrown about $1 Trillion at the so called stimulus to help stimulate jobs and what have we gotten...nothing, nada, zip! The economy is still in the crapper, the jobs are still being lost and the last money thrown to the banks to help small businesses are still sitting in the bank vaults. The loan process has become so tight that well run, financially stable businesses are struggling to get loans. Plus, most smart business leaders don't want to take any money that has government strings attached. Business owners also are wondering what the whole Obamacare crap is finally going to look like as the president has said the the employers will have to provide health care for the employees and families. How much will this cost, no one knows the real answer. Why would I want to expand when I don't know what my costs will be down the road?
The real problem is that the president wants to get more voters. He is willing to buy them with $30 billion. But at what cost? The federal deficit for this year is estimated to be between $1.6 and $1.9 TRILLION. Add that to our federal debt of $13+ TRILLION and you now have about $15 TRILLION. The forcasted GDP of the U.S. by years end is $15 TRILLION. Look at this chart
Look at the 1930's. Remember the 1930's, uh...the Great Depression. Look at the percent GDP was less than 20% and rising to 40% quickly in the late 30's. Now look at today. Percent GDP is about 92% and look at the slope of angle. Pretty steep , just like the thirties and forties (WWII), 1914-1918 (WWI), and 1860 (Civil War).
Moral of this story, we are not out of this DEPRESSION! There will be more pain to come economically. The PTB (powers to be) are still throwing our money at the job market. This won't work. We need to be paying down or debt. We have a huge debt and it keeps growing. WE need a balanced budget and a debt reduction plan, not a deficit reduction plan. People will need to go through some pain. Entitlement programs will need to be drastically reduced or ended. Wasteful government offices need to eliminated, like the Department of Education (what have they done for the billions of dollars?). Social Security is "bankrupt" and the baby boomers are a year away from entering the SSA programs. How will we be able to support this group? When you add the debt plus the unfunded liabilities it is over $109 TRILLION. We cannot continue down this path. Countries that have bought our debt will eventually want their money back...what will be do? How's your Chinese? You think about that!
Chaos, Anarchy To Reign....
Well, it could get ugly for NY by Monday if a deal cannot be reached. Monday could be doomsday if budget deal can't be reached according to Gov. Paterson. Do you boys and girls realize what this would do? One of the most populous states in America without the means to continue running it's government!
"Such chaos includes closing all state parks, motor vehicles offices, courts, and even the lottery. Public assistance payments would not be made and unemployment payments might also be held up."
Wow, not that will cause chaos. When the entitled society cannot get their money to buy the stuff they are used to getting, things will get ugly. This won't stop here though. What about the thousands of employees at these area that will be shut down. They won't be working, so they will enter the unemployment lines...oops, the unemployment offices will be closed because they don't have money. See where I'm going? The domino effect will be huge. What about the coney dog vendor on the sidewalk outside one of these state office buildings, guess he better not order more dos just yet, because he may not have any customers on Monday.
"Sources said the next emergency bill from Paterson will have up to $350 million in cuts to human services and mental health. But Republicans, who could become Paterson's new allies in the budget battle, aren't satisfied with that.
They want $750 million in new cuts like:
1. Delaying the 10 percent welfare grant increases
2. Withholding welfare from those who don't comply with employment requirements
3. Reducing the personal needs allowance of people in drug and alcohol programs"
They way it looks, somebody has to give. But someone is going to take it hard. $350 million or $750 million, either way the entitlement society won't like the outcome. NY isgoing broke and the governor is trying to cut back on spending, but a couple democrats don't want any cuts. How will they dig themselves out of the hole if they don't cut spending? The Dem's don't want to take away any money from their constituents as that may cost them votes in the next election. It won't end good either way, but spending cuts now is the best choice. Let's watch and see what happens.
Keep you eyes open on this as it may be heading to other states/counties/cities and even our country.
"Such chaos includes closing all state parks, motor vehicles offices, courts, and even the lottery. Public assistance payments would not be made and unemployment payments might also be held up."
Wow, not that will cause chaos. When the entitled society cannot get their money to buy the stuff they are used to getting, things will get ugly. This won't stop here though. What about the thousands of employees at these area that will be shut down. They won't be working, so they will enter the unemployment lines...oops, the unemployment offices will be closed because they don't have money. See where I'm going? The domino effect will be huge. What about the coney dog vendor on the sidewalk outside one of these state office buildings, guess he better not order more dos just yet, because he may not have any customers on Monday.
"Sources said the next emergency bill from Paterson will have up to $350 million in cuts to human services and mental health. But Republicans, who could become Paterson's new allies in the budget battle, aren't satisfied with that.
They want $750 million in new cuts like:
1. Delaying the 10 percent welfare grant increases
2. Withholding welfare from those who don't comply with employment requirements
3. Reducing the personal needs allowance of people in drug and alcohol programs"
They way it looks, somebody has to give. But someone is going to take it hard. $350 million or $750 million, either way the entitlement society won't like the outcome. NY is
Keep you eyes open on this as it may be heading to other states/counties/cities and even our country.
Tuesday, June 8, 2010
The Great Con Job
As much as I don't like Rep. Alan Grayson, he may be on to something here. Take 12-13 minutes out of your day and watch this video about how you and I have been shafted...by our elected officials.
Visit msnbc.com for breaking news, world news, and news about the economy
Sunday, June 6, 2010
Bank Closures - June 4, 2010
1. TierOne Bank, Lincoln, Nebraska, was closed today by the Office of Thrift Supervision, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The 69 branches of TierOne Bank will reopen during normal business hours beginning Saturday as branches of Great Western Bank. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $297.8 million.
2. The Federal Deposit Insurance Corporation (FDIC) approved the payout of the insured deposits of Arcola Homestead Savings Bank, Arcola, Illinois. The bank was closed today by the Illinois Department of Financial Professional Regulation – Division of Banking, which appointed the FDIC as receiver. The FDIC was unable to find another financial institution to take over the banking operations of Arcola Homestead Savings Bank. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $3.2 million.
3. First National Bank, Rosedale, Mississippi, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The sole branch of First National Bank will reopen on Monday as a branch of The Jefferson Bank. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $12.6 million.
Total Bank Closings = 81
Cost to the FDIC (We The People) this week... 313 Million
Cost to the FDIC (We The People) for 2010 thus far ... approx. $17.6 BILLION
2. The Federal Deposit Insurance Corporation (FDIC) approved the payout of the insured deposits of Arcola Homestead Savings Bank, Arcola, Illinois. The bank was closed today by the Illinois Department of Financial Professional Regulation – Division of Banking, which appointed the FDIC as receiver. The FDIC was unable to find another financial institution to take over the banking operations of Arcola Homestead Savings Bank. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $3.2 million.
3. First National Bank, Rosedale, Mississippi, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The sole branch of First National Bank will reopen on Monday as a branch of The Jefferson Bank. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $12.6 million.
Total Bank Closings = 81
Cost to the FDIC (We The People) this week... 313 Million
Cost to the FDIC (We The People) for 2010 thus far ... approx. $17.6 BILLION
Saturday, June 5, 2010
Will Probably See More Of This...
We have spent trillions of dollars bailing out the housing and auto industries, Freddie/Fannie, banks and Wall Street, but the states are going under. Fitch has reduced Connecticut's credit rating from AA+ to AA. Who is next? Remember this happened to the country's wealthiest state per capita.
Thursday, June 3, 2010
Here Comes Government Media
They are losing the media battle. There are blogs, online news websites that run 24/7 such as http://www.drudgereport.com/ and the newspaper has become useless even as a fish wrapper. The newspaper moguls need a bailout, but the White House doesn't want to use the term "bailout" because Mr. O has stated "no more bailouts". So what to do? Well enter the FTC, Federal Trade Commission.
The FTC wants to save journalism. This article asked "who asked the FTC to save journalism?" I can tell you who asked...the newspapers and MSM asked. They have seen viewers and subscriptions decline over the last several years. They need a bailout and they have the right administration to do the job. Let us use a Federal agency to do the job, let's reinvent media like it used to be. By doing so they will have millions of "journalists" on federal payroll. They plan on calling it Americorps.
"Subsidizing news organizations by increasing government funding to public broadcasting; establishing an AmeriCorps to pay reporters; giving news companies tax credits for employing journalists; creating a national fund for local news, and giving the press an increased postal subsidy."
Where will the money come from? Where else does the gov get money....FROM US! There will be increased taxes on electronics, and who else knows what else. They will once again gain control of the media and likely limit the type of information that will be able to be released. I am being paranoid you say. Well they have taking over the auto industry, the banking industry, the housing industry (the Fed owns Fannie and Freddie) working on taking control of Wall Street and Health Care and now the media. How can you say I'm paranoid? By having control of the media, they can control blogger's and conservative websites.
Keep your eyes WIDE open on this one!
The FTC wants to save journalism. This article asked "who asked the FTC to save journalism?" I can tell you who asked...the newspapers and MSM asked. They have seen viewers and subscriptions decline over the last several years. They need a bailout and they have the right administration to do the job. Let us use a Federal agency to do the job, let's reinvent media like it used to be. By doing so they will have millions of "journalists" on federal payroll. They plan on calling it Americorps.
"Subsidizing news organizations by increasing government funding to public broadcasting; establishing an AmeriCorps to pay reporters; giving news companies tax credits for employing journalists; creating a national fund for local news, and giving the press an increased postal subsidy."
Where will the money come from? Where else does the gov get money....FROM US! There will be increased taxes on electronics, and who else knows what else. They will once again gain control of the media and likely limit the type of information that will be able to be released. I am being paranoid you say. Well they have taking over the auto industry, the banking industry, the housing industry (the Fed owns Fannie and Freddie) working on taking control of Wall Street and Health Care and now the media. How can you say I'm paranoid? By having control of the media, they can control blogger's and conservative websites.
Keep your eyes WIDE open on this one!
Wednesday, June 2, 2010
Fraud In The Census...Who Would Think That?
Here is a must watch video. If there is no accountability, how much fraud is really occuring?
New York State In Trouble Financially
Now if you and I postponed paying our bills, we would be forclosd upon, or our interest rates would go up to 30%. We need to let cities and states declare bankruptcy and move on. How will lawmakers realize that you can't borrow what you don't have.
New York state delayed paying $2.5 billion of bills...
"This is the third time since December the cash-poor state has withheld funds."
"They are feuding over how deeply to slash health and education programs."
Well, how much do they cut entitlement programs is the question. Cut some and they may loose voters. Cut too much and they loose voters and have riots on their hands (i.e. Greece). Don't cut enough and they are still in financial trouble. Let's see what they do. My bet is they cut a little and need to cut more later. They don't want to loose voters before November elections.
New York state delayed paying $2.5 billion of bills...
"This is the third time since December the cash-poor state has withheld funds."
"They are feuding over how deeply to slash health and education programs."
Well, how much do they cut entitlement programs is the question. Cut some and they may loose voters. Cut too much and they loose voters and have riots on their hands (i.e. Greece). Don't cut enough and they are still in financial trouble. Let's see what they do. My bet is they cut a little and need to cut more later. They don't want to loose voters before November elections.
Tuesday, June 1, 2010
Gotta Love It
This t-shirt can be found at
www.thoseshirts.com/anti-obama-shirts.html
www.thoseshirts.com/anti-obama-shirts.html
They have a bunch more like it there as well...
or these
These are my kind of shirts. Check out their website as they have many designs to choose from.
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