acct10132002

Methinks POP mail is a cruel, vicious joke...perpetrated by nerds on newbees...and a few oldbees as well who get suckered into trying to configure it for the 1287th time...

why did Roosevelt continue to supply oil and scrap metal to Japan in early 1938? In December,1937 Japan invaded/slaughtered Nanking China, killed 90,000 surrendered soldiers also. Before March, 1938 Japanese had slughtered over 350,000 people, beheading, raping and torturing, and massacring. Roosevelt shut off their oil from USA in summer of 1941!!! Japan attacked Pearl Harbor Dec. 7,1941.

Nationalizing free market puts control in the hands of a few...a few what I cannot say. The more jobs we lose, the more socialism we will be getting.

Xray reveals no cartledge, possible calcium spurs hiding cartledge. He took glucosomine and extra calcium. Spurs evident on spine. Healthy cartilege shows up on other hip. Says mild to severe pain if walks about a lot. Started using a cane. Fell, recovered 3-4 years age, sore for awhile, appeared OK, now this condition. Doctor recommended surgery but fellow gets by on less than $1000 Social Security. He's 63. How to find experienced surgeon, lots of vendors try to sell doctor info without experience noted.

FDIC weighs extraordinary steps, including loans from banks, to shore up insurance fund

* By Daniel Wagner, APey Business Writer

* On Tuesday September 22, 2009, 5:09 pm EDT

WASHINGTON (AP) -- The Federal Deposit Insurance Corp. is weighing several costly -- and never-before-used -- options as it struggles to shore up the dwindling fund that insures bank deposits.

The agency is considering borrowing billions from healthy banks. Alternatively, it may impose a special fee on the banking industry.

Each option carries risk: Drawing money from healthy banks would take dollars out of the private sector, making that money unavailable for investment in the weak economy. But charging the whole industry a fee to replenish the fund could push weaker banks toward failure.

A third option -- borrowing from the Treasury -- is politically unpalatable, since it would resemble another taxpayer-financed bailout.

A fourth option would be to have banks pay their regular insurance premiums early. But this idea wouldn't solve the fund's long-term cash needs.

"The bottom line is, there's no good solution," said Jaret Seiberg, an analyst with the research firm Concept Capital. "This is a fight over which option is least bad."

The FDIC is expected to propose a solution, possibly combining two or more of the options, at a board meeting next week.

Bank failures since the financial crisis struck have drained the fund to its lowest level since 1992, at the peak of the savings-and-loan crisis. The fund insures deposit bank accounts of up to $250,000.

Officials have approached big, healthy banks about making loans to the agency, said two industry officials familiar with the conversations, who requested anonymity because the plans are still evolving. Doing so would help the agency avoid tapping a $100 billion credit line with the Treasury -- something FDIC Chairman Sheila Bair is reluctant to do.

But taking billions from large, healthy banks would remove that money from the private sector and prevent it from being invested. That could slow an economic recovery, analysts said.

Industry and government officials said Tuesday that plan was still on the table. But FDIC spokesman Andrew Gray downplayed its likelihood, saying, "It's an option, but it's not being given serious consideration."

The FDIC also could levy a special emergency fee on the industry. That would allow the healthiest banks to keep more capital for investment. But it could drive shakier banks toward failure -- further depleting the fund. Losses on commercial real estate and other loans are causing multiple bank failures each week.

Banks already have paid one extra fee this year. And Comptroller of the Currency John Dugan, who holds one of the FDIC board's five votes, has cautioned against saddling them with another.

Discussing the option last week, Bair acknowledged, "We don't want to stress the industry too much at this time, when they're still in the process of recovery."

Bair also said then that the agency might collect banks' regular insurance premiums early to infuse the fund with cash. An exemption would likely be provided for banks that are too weak to pay in advance.

This plan would solve the fund's immediate cash needs. But Seiberg called it "a one-time gimmick" that would merely delay another special assessment.

Because the FDIC expects bank failures to cost the fund around $70 billion through 2013, a short-term boost may not be the answer, Seiberg said.

The banking industry and lobbyists oppose another fee. They also want Bair to avoid tapping the Treasury credit line, because it would lead to higher insurance premiums for banks as the FDIC repays the money.

In a letter Monday to Bair, American Bankers Association CEO Ed Yingling endorsed borrowing from the banks or collecting regular premiums early as alternatives to charging another fee.

The special fee imposed earlier this year is hurting banks, already stressed from depressed income and increased loan losses, Yingling said. Another one "may do more harm than good," he said.

One advantage of having big banks lend to the insurance fund would be to give healthy banks a safe harbor for their money and limit their risk-taking, said Daniel Alpert, managing director of the investment bank Westwood Capital LLC in New York.

It also would let the industry's strongest players -- which still rely on FDIC loan guarantees and other emergency subsidies -- help weaker banks avoid paying another fee, he said.

"Lots of banks are going to require more capital, and (Bair is) trying to rob from the rich and give to the poor," said Alpert, who supports the plan as a creative way to avoid another bailout.

Bair's priorities for the industry are different from the Treasury's, analysts said. She is focused on stabilizing the many banks still at risk of failure. Such collapses could further deplete the insurance fund.

Treasury Secretary Timothy Geith

The Fed's bailout of AIG and the SEC's banning of short sales were involving banker Marc Mezvinsky who is soon to be "Mr Chealsea Clinton", recently closed the deal on a $3 million condo in New York City.

Is the guy called "Blackadder" on Funny Stuff...Mr. Bean?

Watched Re-writing the dictionary...guy resembles Mr. Bean...dunno his real or stage name. Movie with video is good clean fun on a par with Jeff Foxworthy in a Jerry Lewis kind of way.

Bean or NO bean, that is the question...rather for us to suffer the slinga and arrows of outrageous politicians trumpeting out our powerlessness and calling us "Mobs" now violent mobs just for getting in community activist protest in edgewise....sound familiar?

Watched Re-writing the dictionary...guy resembles Mr. Bean...dunno his real or stage name. Movie with video is good clean fun on a par with Jeff Foxworthy in a Jerry Lewis kind of way.

Bean or NO bean, that is the question...rather for us to suffer the slinga and arrows of outrageous politicians trumpeting out powerlessness and calling us "Mobs" violent mobs now...

tHERE MAY BE A STORY THAT STARTED ALL THE SPECULATION.

gEE i HATE CAPSLOCK.

Also nobody mentioned Obama's reference to the THREE dead profits Jesus, Mohammad, and Elija when as a practicing Christian even Rev Wright knows Jesus rose from the dead or does he? Mohammadans reference RIP respect to the "THREE"...

Watched rugby on Youtube and LOOKS more inherently dangerous. Like soccer, these guys do not wear helmets. No surprise there...BUT I was stunned that rugby players wear shorts like basketballers and high socks aooarently without the ankle guards.

Do they get injuried MORE frequently OR more seriously?

I have to go to a search engine or remember the URL..guess I'll save it since traffic was squelched by Draconian pols and slobbering love affair thrill-up-my-leg media in newspapers, TV, radio, movies,and cable shows. Media has Stockholm's Syndrome or beaten wife syndrome or just scared Big Five Families will fire them for thinking outside of the PC box.

France's Airbus defeated Boeing for a US$40 billion (GB£20.1 billion) contract to supply the United States Air Force (USAF) with 179 new aerial refueling tankers at a rate of 15 a year. With maintenance, this contract is worth up to $100 Billion. Washington state suffered layoffs of over 120 people when Boeing lost out. According to Dick Morris' book "Fleeced" over 140 countries guard their interests in Washington DC with lobbyists, lawyers, and disloyal US Congress persons who think it is OK for US warplanes to be made by foreigners of questionable security and dubious integrity.

France's Airbus defeated Boeing for a US$40 billion (GB£20.1 billion) contract to supply the United States Air Force (USAF) with 179 new aerial refueling tankers at a rate of 15 a year. With maintenance, this contract is worth up to $100 Billion. Washington state suffered layoffs of over 120 people when Boeing lost out. According to Dick Morris' book "Fleeced" over 140 countries guard their interests in Washington DC with lobbyists, lawyers, and disloyal US Congress persons who think it is OK for US warplanes to be made by foreigners of questionable security and dubious integrety.

Once wealthy Arabs find out who's in charge...the offers pour in. Susan Shamus gets an offer to represent Imu A Jazzar for $5 million dollars and that sets the "innocent" apparatus in gear. Judge Blighton Thesystem says,"insufficent evidence" and the perp walks free. Eleven released-from-Gitmao prisoners joined Al Qaida which should WAKE UP SOMEBODY!

So who was the "prosecutor"...only 17 Americans died, why punish when that won't bring them BACK? Besides shyster lawyers need the money so they can imitate Citigroup and buy a French jet, or whatever their black little hearts desire.

Recently an old cowboy spoke up against horses as food. There has to be a way to name this guy in Kiowa.

Please leave "Crazy Horse" who was a Cherokee, out of this. He was a brave warrior who did what his heart and God told him to do.

and force trops to bayonette more, shoot less, die more often and come home after cutting and running away same as Viet Nam.

Personally, I'd mine all borders 50 miles from kids, straff anyone coming in or leaving for 10 years and bring troops home.

Want Mac or BO?

http://michellemalkin.com/2007/11/14/seditious-out...

http://www.sunstar.com.ph/forums/viewtopic.php?t=7...

RE: "Extrajudicial" powers beyond having bailifs keep courtroom peace and civility.

http://uk.youtube.com/watch?v=i87cZ3Og6ts

Video catches several Democrats in the very act of having their way with YOUR MIND?