Wednesday, October 7, 2009

NEWS STORY TODAY ABOUT 
BANKS, BANKERS, AND BANK OWNERS: 

'...the most "toxic" loans on bank books were interest-only loans,
which get no benefit from amortization,
since it requires borrowers to repay interest but no principal.
The Journal said the report also stated that banks have been slow
to absorb the losses on their loans, partly due to
"capital preservation" concerns...'
link
WHO GIVES A LARGE SHIT?  
WE ALL HOPE YOU 
WHINEY MOTHERFUKKERS 
CHOKE ON CRAP LIKE 
"INTEREST-ONLY LOANS"
fuck a bank.


I went into my local credit union yesterday to exchange about $15.00 worth of Canadian coins.  "That'll cost you $25.00 sir".  So I sez it seems to me that one of the basic job descriptions of banks and credit unions is to handle MONEY for the clients, and the manager sez, "take it up with corporate".
fuck a bank


Of course, we all understand that JOE'S BANK is an entirely different kettle of bailout...


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As Jim Hightower explains it, is that “the wealthiest 1 percent of Americans possess more net worth today than the bottom 90 percent of us combined. Worse, these privileged few and their political henchmen have structured a new economic ‘normal’ of long-term joblessness, low wages, no benefits or worker rights, miserly public services, and a steadily widening chasm between the rich and the rest of us.” We must restore sanity to this nation.