Friday, April 24, 2009

Bank Lending Keeps Dropping Analysis of Treasury Data Paints Starker Picture Than Official Government Snapshots

Wall Street Journal

Lending at the biggest U.S. banks has fallen more sharply than realized, despite government efforts to pump billions of dollars into the financial sector.

According to a Wall Street Journal analysis of Treasury Department data, the biggest recipients of taxpayer aid made or refinanced 23% less in new loans in February, the latest available data, than in October, the month the Treasury kicked off the Troubled Asset Relief Program.

The total dollar amount of new loans declined in three of the four months the government has reported this data. All but three of the 19 largest TARP recipients with comparable...

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Alex Jones Movie: Fall of the Republic

Bill Moyers - Bankster Fraud Causing Major Crisis

Banking expert says banking system is a fraud and the biggest ponzi scheme.

The Obama Deception - Full Length Documentary by Alex Jones

We The People Stimulus Package

Basso a former award winning news director for NBC TV and visiting professor at UCLA portrays Thomas Paine, author of the “Common Sense” pamphlet that made the case for independence during the American Revolution, has called for Americans to send tea bags to Congress. His videos urges Americans to take their government back from corrupt politicians. As a result of his videos, Basso was reportedly “summoned to the White House by President Obama to discuss the subject matter of the short films.”