Things that make You go Hmmmm…the Bank Bailout and Where Is the CASH???
maria gudelis | December 10, 2008
Just a short note on the Bank Bailout that taxes out of hard earned money from Americans is going towards…to have the banks sit on cash and make there interest return.
Here’s the deal -
- Feds’ give millions to banks…
- Banks don’t recirculate the cash into the economy with loans…
- They stash the cash in the Federal depository (safest place) and earn interest…
- Side Note – Judges help banks foreclose on homeowners when they don’t even have the ORIGINAL note – basic law 101 is that you must have the original note to collect. Check out http://livinglies.wordpress.com for more on that topic.
See below for the massive upswing in CASH reserves banks are holding – hmmm…bailout in October, first month in last 12 months cash deposits from banks into the federal depository earning interest goes up like a ROCKET!
Isn’t this enough for a mass outcry by the people?
Bank bailout musings by Maria Gudelis…
Bank bailout gives nice interest bearing cash deposits for the banks to hoard….
Bank bailout musings by Maria Gudelis…
Bank bailout gives nice interest bearing cash deposits for the banks to hoard….
Bank bailout musings by Maria Gudelis…
Bank bailout gives nice interest bearing cash deposits for the banks to hoard….
Bank bailout musings by Maria Gudelis…
Bank bailout gives nice interest bearing cash deposits for the banks to hoard….
Bank bailout musings by Maria Gudelis…
Bank bailout gives nice interest bearing cash deposits for the banks to hoard….
Bank bailout musings by Maria Gudelis…
Bank bailout gives nice interest bearing cash deposits for the banks to hoard….
Bank bailout musings by Maria Gudelis…
Bank bailout gives nice interest bearing cash deposits for the banks to hoard….