Maritime Savings Bank, West Allis, WI
Bramble Savings Bank, Milford, OH
The Peoples Bank, Winder, GA
First Commerce Community Bank, Douglasville, GA
Bank of Ellijay, Elijay, GA
ISN Bank, Cherry Hill, NJ
The six are the latest to close. They bring the total number of banks shut down this year to, count them up, 125. That's 100 more than failed in 2008 while 2009 saw 140 banks fail. Where's that economic rebound Barack was promising?
Remember when he said:
The economic crisis we face is the worst since the Great Depression. Markets across the globe have become increasingly unstable, and millions of Americans will open up their 401(k) statements this week and see that so much of their hard-earned savings have disappeared. [. . .] The economic crisis we face is the worst since the Great Depression. Markets across the globe have become increasingly unstable, and millions of Americans will open up their 401(k) statements this week and see that so much of their hard-earned savings have disappeared.
That speech? October 13, 2008.
So why the hell didn't he focus on the economy?
ObamaCare? That crap's going to help anybody? Get real.
He wasted everyone's time, in the midst of the Great Recession, by making a big gift to the Insurance Lobby and Big Pharma. And, of course, he's taken one vacation after another. Last week, America learned of another way he spent the time he should have been doing his job in. As Wally's "THIS JUST IN! SO THAT'S HOW HE SPENDS HIS TIME!" and Cedric's "Doing everything but his job" pointed out:
SO IN THE MIDST OF THE GREAT RECESSION, WHEN CELEBRITY IN CHIEF BARRY O SHOULD HAVE BEEN WORKING ON THE ECONOMY, HE WAS WRITING A CHILDREN'S BOOK?
Get it? The economy's crumbling and Barack's writing a children's book.
Friday, CNN reported:
Household net worth fell sharply in the second quarter, ending a string of four straight quarters of gains, according to a Federal Reserve report Friday.
The report shows a $1.5 trillion loss in combined household net worth in the period, to $53.5 trillion. That represented a 2.8% drop in total wealth owned by American consumers after all their debt is considered.
And Barack's writing a book?
Exactly when is the little princess planning to get to work?
