"NOT TRYING TO ATTRACT DEPOSITS" or 'HOW'S THAT WORKING FOR YOU?"

One bank official told me yesterday at a MD Regional Bank...."we're not trying to attract deposits right now.....we just lowered our CD rates again"

They did have some kind of special running, where you could get .20% on your money......I got very excited.....NOT

Back in the day I remember getting 6% on my Money Market Funds, I was so tickled to give the banks my money and gain without risk. OH what did I do with the interest payments I got? I SPENT IT!!!! IMAGINE THAT!!!

We have HUGE BOOMER POPULATION.......all coming of age over next 10 years....retiring....wanting LESS RISK, wanting to SELL HOMES AND DOWNSIZE......how's that working out?
And how's it gonna work out with the reckless FED intervention and DIRECT manipulation of STOCK MARKETS? WHAT WILL HAPPEN when already at or near RECORD LEVERAGE has reached its limits? are there limits?

IF we had ORGANIC growth my friends, If we had actually gone in and broken up these big banks that control our world so they couldn't damage us like they just have, control us....maybe we HEAL over this period and begin to rebuild oursleves.

HECK NO!!!!!!!!!!!!! We got more newcomer political mumbo jumbo BS promises of "CHANGE" and " TRANSPARENCY"....how's that working out for ya?

NO instead of ROOT OUT the evil and evil doer's we pay them record bonuses, and squash and dismantle their competition (BEAR and LEHMAN the chosen lambs) and now the big banks are COLOSAL BEHEMOTH BANKS that control everything between maybe a mere 4-6 of them.

Has their been ONE, EVEN ONE PROSECUTION OF ANYONE INVOLVED IN THE GREATEST FINANCIAL GAMED CRISIS IN HISTORY?

How is the CHANGE I can believe in? How is pouring TRILLIONS OF DEBT ONTO A COLOSAL PILE OF DEBT and DEFICITS going to fix anything?

The US has reached $14 TRILLION with a "T" in deficits, and are within $300B from a debt ceiling that you can bet will be raised again, and again, and again to infinity.....because the deficits are shattering every record each and every year.....$300 B is chump change.

Secular change in hiring, why would corporations HIRE and ADD overhead, (in general) when they are supposed recording RECORD PROFITS qtr after qtr with what they have? more head count means less profit and less for the INSIDERS.

We have recaptured the stock losses in just 2 years what took 5 years from 2002-2007, some doubling in 16 months. SOme lile mid caps rising to NEW ALL TIME HIGHS>

Sure, the object of this FED largess was to create a WEALTH EFFECT and spur COnsumer Spending, which like every other time they try this was to help companies hire more people....instead like the banks they SIT ON THEIR CASH. THEY HAVE HELPED THEMSELVES.....how's that workin for ya?

How's that meeting with Chinese President doing? Get them to float their currency yet? It's become a dual like bewteen us Mugsy Bogues (5'6" BBAL) and them SHAQ 7ft 350 lbs....all we can do is get some photo opps and smile and say "buy more of our stuff". They agree to buy what they already would buy $45B of planes and shit over some years....WOW does that equal our one month trade deficit with them? HERE WE GO!

D