It seemed that this little bit of self-examination was necessary. It does appear to be a reason for concern today. Being pessimistic about the situation isn't unreasonable given the track record of the government for as long as I can remember.
In particular, I reviewed this video once again. Now, if this guy is right- and I think that, unfortunately to say the least, that he is- then it is a very serious matter.
Banks are setting themselves up for a big crash and governments are letting them do it. The politicians are a little too corrupt to be good servants of the people. They have really screwed the pooch this time.
One thing that banks should never be allowed to do is to monkey around with their reserves. That's what the video says they are doing. It appears that they are being very conservative about it, but that little bitty crack they opened up can bring on a catastrophic failure.
Let's just hope that this guy's facts are wrong, and they aren't doing that. Because if he's right, we've got a problem.
Al Fin: "Cowboy Commentary", aka "Eat your veggies" The Flag banner is posted in order to defy those who would make patriotic symbols illegal or disreputable.
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