Bank

Results for Bank

Have Your Say On Our Socio-Economic Future!

What is state, what is the difference between a man and a person and on what is relationship between a man and a state based on? What is currency, how does monetary system function and why is money issued and distributed in this exact way? It is really ...

Forum topic - SPAM_zana - May 17 2012 - 3:55am - 35 comments

The Bank Loan Process, Creation and Destruction of Money

Do banks have to retire the principal portion of loans, or do they confiscate this also? I'm pretty clear about the confiscation of interest but the principal I've always assumed had to be retired. Thanks I wouldn’t put it past them ...

Forum topic - ItsTheInterest - May 9 2012 - 1:55am - 2 comments

Basic question on bank leveraging

 ~ I understand that a bank will take a deposit of $1 and loan out $10... leveraging.  ~ But it seems like it only takes one person to pay back the $1 to cover the initial deposit.... so why would the bank be at risk?  It's loaned out ...

Forum topic - FarmersWife - Jun 8 2011 - 1:28pm - 8 comments

Credit Card Debt...advise...

Hi CM folks,  I've had rosy colored glasses on and gotten into significant credit card debt.  I own my home and owe $100K with 1st and 2nd mortgage   on a house with ~ $200K value.(1998).  Mortgage payments are current and up to date.  ...

Forum topic - debtor - Mar 8 2011 - 11:01pm - 16 comments

Imminent Big Bank Death Spiral

Here is Jim Willie's most recent post from Financial Sense.  http://www.financialsense.com/contributors/jim-willie/imminent-big-bank-death-spiral  ..  Here's a clip: "...BIG BANK VULNERABLES AGAIN The next QE2 is a done deal ...

Forum topic - pinecarr - Jun 15 2012 - 3:15am - 0 comments

Shed a tear - Banks not making as much.

Income slipping, defaults piling up under the rug, inadequate loss reserves - what's not to like? Even after taxpayer bailouts restored bankers’ profits and pay, the great Wall Street money machine is decelerating. Big financial institutions, ...

Forum topic - yobob1 - Sep 20 2010 - 8:35am - 5 comments

"The Confusion"

In Neal Stephenson's three-book series "The Baroque Cycle" he weaves a multi-threaded tale -- IMO, an excellent yarn -- the ultimate subject of which is the long-ago creation of the modern banking system (circa the 18th C).  It's not ...

Forum topic - SagerXX - Jun 27 2010 - 10:38pm - 3 comments

Mathwise, a universal bank is the only viable replacement to fractional reserve lending.

A universal bank where withdrawals=spending, and where any and all spending must be instantly redeposited into that universal bank as transfers to other accounts, is the only way to expand the spread in values (both positive accounts and negative ...

Forum topic - kmarinas86 - May 29 2010 - 12:26pm - 33 comments

Highly-Rated "Nationwide Bank" - No Bricks and Mortar

According to TheStreet.com, there is a bank in the Columbus, Ohio area that is very highly rated (A-).  The bank is affiliated with a large insurance company - however, it is a virtual bank with no bricks-and-mortar offices.  Transactions are handled ...

Forum topic - SteveR - May 5 2010 - 4:45pm - 1 comment

Bank of international settlements

Something all of us need to pay more attention to. Who are these guys? What role do they play. The Bank for International Settlements was set up in 1930 by Charles Dawes (Calvin Coolidge’s Vice President), Owen D. Young (who presided over the Allied ...

Forum topic - investorzzo - Mar 4 2010 - 12:18am - 3 comments

Wall Street Stranglehold On Economy Is Choking Americans

Great article by Shah Gilani http://moneymorning.com/2010/01/26/downsize-banks/ He approaches this from a greed and cockiness standpoint rather than a conspiratorial one.  No matter what you believe to be the motive force this piece is a ...

Forum topic - Dogs_In_A_Pile - Jan 26 2010 - 12:16pm - 16 comments

When will the people finally realise they have been duped those who were supposed to serve them?

The aircraft is at 40,000 feet with three engines out and the last one is running at maximum revs with its throttle wide open with falling oil pressure and the temperature is climbing into the red. The plane is now losing altitude fast and heading ...

Forum topic - rowmat - Nov 5 2009 - 3:34am - 19 comments

Let's end the false banking system

We are learning that banks don't have money, they only have our debt and the power to create new debt out of thin air. The interest payments they collect are truly usury (in the ancient definition) as we are paying for something that did not exist ...

Forum topic - John99 - Sep 1 2009 - 4:50pm - 0 comments

Finding a Sound Bank or a Good Alternative

There have been miscellaneous threads in the past discussing banks, gold, silver, etc.   Would like to start a discussion about good strategies for parking cash desired to have available in the short term (1 year or less).  The funds one needs for their ...

Forum topic - Kman - Aug 7 2009 - 8:59am - 16 comments

Finding a Sound Bank

I have come across the following resources for determining if a bank is sound or not: BankRate:  http://www.bankrate.com/rates/safe-sound/bank-ratings-search.aspx The Street.com:  ...

Forum topic - Kman - May 6 2009 - 12:17am - 1 comment

Picking a bank?

How do I determine where to put the money that I want in a bank? Will balance sheets really tell me anything? Is there a simple way to see which banks might endure better than others?   Thanks. David  Re: Picking a bank? This is ...

Forum topic - davidm - Apr 16 2009 - 7:41am - 6 comments

Why Is Geithner Continuing Paulson's Policy of Violating the Law?

William Black, a former bank regulator, recently interviewed by Bill Moyers, wrote an article found at this link: http://www.huffingtonpost.com/william-k-black/why-is-geithner-continuin_b_169234.html (Although written in February as near ...

Forum topic - hucklejohn - Apr 5 2009 - 11:32pm - 2 comments

What Happens with a Bank Holiday?

Since I'm not as good with financial matters as many of you, I need to ask a stupid question.  I keep hearing the term "bank holiday" in reference to emergency closings of banks.  What do you mean by this?  Is it a short term closing ...

Forum topic - Mr. Fri - Mar 17 2009 - 1:08am - 8 comments

Time Banks - Does any currently participate?

A friend recently turned my on to this site. It seens like this is an interesting way to "barter" and build community at the same time. http://www.timebanks.org/ What It Is What is Time Banking All About? ...

Forum topic - ChrisDudley - Mar 16 2009 - 8:45am - 8 comments

How safe is a bank safety deposit box?

For storing cash, gold, silver, a safety deposit box at a bank sounds like a safe thing to do.  I've heard that if there is a bank "holiday" and access to ones accounts is not possible, one should still have access to their safety ...

Forum topic - Kman - Mar 14 2009 - 1:03am - 32 comments