Another Two Banks go Belly Up, as Alaska Subpoena O’ Rama Takes Shape, and nobama goes flippity floppity AGAIN!
SONOFABUSH! The tenth bank failure of the year, this from cnnmoney:
FDIC announces 10th bank failure of the year
Georgia’s Integrity Bank is closed by state regulators. FDIC is named receiver and branches will reopen as Regions Bank.
NEW YORK (CNNMoney.com) — State regulators shuttered a Georgia bank late Friday, marking the tenth bank failure this year.
Integrity Bank, based in Alpharetta, Georgia, was closed by the Georgia Department of Banking and Finance, and the Federal Deposit Insurance Corporation was named receiver.
The bank had $1.1 billion in total assets and $974.0 million in total deposits as of June 30.
The Federal Deposit Insurance Corporation approved the assumption of Integrity Bank’s deposits by Regions Bank, of Birmingham, Alabama. The failed bank’s five offices will reopen Tuesday as branches of Regions Bank.
All depositors of Integrity Bank, including those with deposits in excess of the FDIC’s $100,000 insurance limit, will automatically become depositors of Regions Bank for the full amount of their deposits, the FDIC said in a statement.
SPECIAL BONUS BANK FAILURE NUMBER 11 for the year so far! That’s more then one a month for those keeping score at home. This from ap:
FDIC shutters Silver State Bank of Nevada
Son of presidential nominee John McCain was reportedly former board member; closing marks the 11th bank failure this year.
September 5, 2008
WASHINGTON (AP) — Nevada regulators have shut down Silver State Bank. It was the 11th failure this year of a federally insured bank.
Andrew McCain, son of Republican presidential nominee John McCain was a member of the bank’s board, but recently stepped down for “personal reasons,” according to The Wall Street Journal. The younger McCain, 46, had also served on Silver State’s audit committee, and was only with the bank for five months before leaving on July 26, the Journal reported.
The Federal Deposit Insurance Corp. was appointed receiver of the bank, located in Henderson, Nev. It had $2 billion in assets and $1.7 billion in deposits as of June 30.
I love it when a corpoRATeer deserts a sinking corpoRATe ship for “personal reasons” don’t YOU? They do it so as to avoid TAKING PERSONAL RESPONSIBILITY FOR THE FAILURE OF THE corpoRATion THEY WERE A DIRECTOR OF.
As if mcPain doesn’t have enough well deserved aggravation, this from ap:
Subpoenas Coming in Palin Probe
September. 06, 2008
(ANCHORAGE, Alaska) — The Alaska Legislature is hastening its ethics investigation into Gov. Sarah Palin’s firing of her public safety commissioner, making it far more likely it will be completed before November’s election.
State Sen. Hollis French said Friday that seven witnesses told the Legislature’s investigator they will refuse depositions and canceled their meetings. French, who is overseeing the investigation into whether Palin abused her power, said the Legislature will subpoena these witnesses, who do not include the governor.
ROFL! I’m tellin’ ya, mcPain’s veep milf is more trouble then good! Lucky for mcPain, much of the electorate doesn’t like nobama either, else this election would already be over, with mcPain on the short end.
DAGNABIT! Yet another reason why the syphilitic co-joined twins of the apocalypse called mcbama don’t wanna debate Nader! mcbama can’t afford to have ANYONE point out the “ethically challenged” motley crew mcbama has in it’s social circle.
Still yet another reason why nobama doesn’t want Nader in the debates! Because nobama goes all flippity floppity. This from ap:
Obama May Delay Reversing Tax Cuts
Some of you may remember, as I do, that nobama said he would pay for his health care program with the money from the repeal of the bush crime family tax cuts for the rich. Lets put aside the fact that his health care plan frankly sucks and will only make things worse. Lets also put aside that even a total repeal of labushanostra’s tax cuts will only pay for HALF of the cost of his half assed health care program. Now that he has taken repeal of the tax cuts “off the table” he need explain WHERE HE IS GOING TO GET THE MONEY FOR HIS HEALTH CARE PROGRAM. That IDIOT obamessiah has shown his true colors in this.
A) in the part above I highlighted in red, nobama admits that HE believes the lie that the tax cuts for the wealthy have had and will continue to have a positive effect on the economy. I don’t believe that, do YOU?
B) The reason nobama can play fast and loose with this is because he has no intention of making his bullshit health care plan a reality. For him, it’s just a cheap talking point he’s using to get elected. He intends to pull a clinton, and claim the repubs and insurance companies “won’t let him fix the health care system.” He expects to pay nothing but lip service to the health care problem! HE BELIEVES YOU ARE STUPID ENOUGH TO FALL FOR HIS BULLSHIT!
That’s the prob here with mcPain and nobama. So long as they can keep Nader out of the televised presidential debates, there won’t be anyone on that stage that will call them on their BULLSHIT!
Support and vote Nader, for REAL CHANGE!
The Telepathic Crickets™ on the ClapSotronics editorial board and I are pleased as punch that mcPain’s friends and family are torpedoing his electoral chances!
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