Intuitive blogger commented Sunday, July 6, 2008:
> How long until we see a run on the bank?
> My guess is the domino effect will start
> September/October 2008. It will be just
> before the election...
Well it is getting very close folks.....
I may even pull out some cash from my bank tomorrow :)
If you watch the video below you will learn from Paul Krugman a columnist on the Op-Ed Page of the York Times (and professor of Economics and International Affairs at Princeton University) who says the whole system (banking industry) is apparently within days of breaking down. This is John Mc Cain's reason for panicking and stopping his campaign.
We are living through a very sensitive moment in history!
News anchor:
"This feels bigger than the election"
"This feels bigger than the election"
This next item is BALDADASH!
The FBI has begun an investigation into four major US financial institutions caught up in the current financial crisis, US media say. As far as I am concerned, there needs to be an investigation but this investigation is a mere political public relations act at this point. The government knows what was going on. We know bank brokers were dishonest and got their $45,000,000 bonuses, but this is nothing compared to the magnitude of the whole problem. This is what is called unchecked capitalism at its worse and when left unchecked, it does not work. Anyone should be able to see this --especially now!
Intuition tells me people are going mad!
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