joe_momma
14th January 2011, 08:46 AM
Happy Friday! Great news abounds!
The US economy is recovering and inflation is not a problem except for that small minority of people who need food or energy.
The stock market is ever rising - not because the Fed is indirectly propping the equities - the valuation of Netflix with a P/E of 100 is totally justified!
On the banking front, last week saw even more proof - only 2 of the 850 failed banks were closed. (Perhaps the Bernank and Timmy should also be beatified since clearly they've worked at least one miracle!)
AZ and FL were honored last week and Babushkalady and (anonymous) crushed the competition - Well Done!
(And yes I know, the Bears play the Chickens on Sunday - I would like to see either team make it to the Superbowl.)
How many will fail this week?
One can follow along at:
http://www.fdic.gov/bank/individual/failed/banklist.html
The US economy is recovering and inflation is not a problem except for that small minority of people who need food or energy.
The stock market is ever rising - not because the Fed is indirectly propping the equities - the valuation of Netflix with a P/E of 100 is totally justified!
On the banking front, last week saw even more proof - only 2 of the 850 failed banks were closed. (Perhaps the Bernank and Timmy should also be beatified since clearly they've worked at least one miracle!)
AZ and FL were honored last week and Babushkalady and (anonymous) crushed the competition - Well Done!
(And yes I know, the Bears play the Chickens on Sunday - I would like to see either team make it to the Superbowl.)
How many will fail this week?
One can follow along at:
http://www.fdic.gov/bank/individual/failed/banklist.html