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Get ready for some bank runs then. Hope you have plenty of cash squirreled away to get you through. Oh I almost forgot, they can just print more.

I know plenty of salt of the earth older folks who have lived responsibly and frugally despite the brainwashing by corporate America and US gov't. Put the blame where it belongs. Those who fall prey to the propaganda will be the ones haunted in these times.

Volcker has probably forgotten more than Bernanke and Geithner combined will ever learn. Only negative is his age.

I don't like Palin and I sure don't like Emanuel. You start these threads, so don't expect us to follow your rules.

No one cares what she thinks about Emanuel, but BO needs to get rid of him pronto. His inept handling of matters is dragging the White House down.

Earlier ET predictions of BO as abject failure are now reality.

He is finally getting the recognition he deserves this last decade.

yeah, he is pretty comical and seems to have all his marbles unlike some others floating around the site who have lost theirs. The goat incident speaks for itself, lol.

Have you ever worked in a grocery store as an adult with family obligations? Otherwise STFU.

Lol. Stu probably is a decent guy, but man is he ever bitter.

It does not change one damn thing until he backs the BS up with action. So far the only alpha male in that family is Michelle.

I will second that.

Russia has us beat in the crook dept., but US is catching up at mach speed.

you are absolutely correct. China has no nukes or any other heavy weaponry.:D

Put it this way. China has a simpler financial system and a tougher regulator than the US. They also did not leverage to the hilt as western nations were, bringing on the collapse.

Anything out of Jeff Beck is primo. The all-time master.

Free markets yes, but I am with Volcker on this one.

Well, that is probably the worst insult a President could be given. Obama deserves it. However, Faber's view that Glass-Steagall should not be repealed is wrong.

I saw an interview with Fed Official Fischer stating the Fed would not monetize the debt and at some point fiscal sanity will be forced upon us with markedly higher interest rates if spending is not controlled. When that happens you will see the dislocation.

So these arrogant idiots (Summers and Geithner) are "finally" listening to the voice of reason a la Volcker after the house is leveled. Pathetic.