More Non-Recovery Evidence

banks, Insolvency Tagged with: bank failures

Aug 022010

Latest chart on bank failures. This year is much worse than last year. Just another example of news that doesn’t fit the mainstream news.

Chart obtained from The Big Picture.

Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law' because law is often but the tyrant's will, and always so when it violates the rights of the individual. Thomas Jefferson
Justifying conscription to promote the cause of liberty is one of the most bizarre notions ever conceived by man! Forced servitude, with the risk of death and serious injury as a price to live free, makes no sense. Ron Paul
As soon as I hear the phrase "social justice," I tune out and leave the room if that is practical. Monty Pelerin
Their final objective toward which all their deceit is directed is to capture political power so that, using the power of the state and the power of the market simultaneously, they may keep the common man in eternal subjection. Henry A. Wallace
Bureaucracy is a giant mechanism operated by pygmies. Honore de Balzac
Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire. Ludwig von Mises

Thoughts On The Commencement of My Eighth Decade, read it here: http://t.co/Tc2XyIgs 4 hours ago
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I’m From The Federal Reserve and I Will Improve Your Life, read it here: http://t.co/qgeTD9kT 17 hours ago
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The Universal Truth About Government Regardless of Its Form, Time or Place, read it here: http://t.co/I8JQIEAT 2 days ago
The law school bubble – At 50 law schools, 20% of the students are either unemployed, flunked out, or are http://t.co/bX397BCW via @addthis 2 days ago
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The 10th Amendment Nullification Movement by Michael Boldin http://t.co/yw60giDy via @addthis 2 days ago
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