<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	
	>
<channel>
	<title>Comments on: Too Big To Fail Banks Are Taking Over As Number Of U.S. Banks Falls To All-Time Record Low</title>
	<atom:link href="http://theeconomiccollapseblog.com/archives/too-big-to-fail-banks-are-taking-over-as-number-of-u-s-banks-falls-to-all-time-record-low/feed" rel="self" type="application/rss+xml" />
	<link>http://theeconomiccollapseblog.com/archives/too-big-to-fail-banks-are-taking-over-as-number-of-u-s-banks-falls-to-all-time-record-low</link>
	<description>Are You Prepared For The Coming Economic Collapse And The Next Great Depression?</description>
	<lastBuildDate>Sat, 11 Jul 2015 21:15:00 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	
	<item>
		<title>By: Robert Ryan</title>
		<link>http://theeconomiccollapseblog.com/archives/too-big-to-fail-banks-are-taking-over-as-number-of-u-s-banks-falls-to-all-time-record-low#comment-342676</link>
		<dc:creator><![CDATA[Robert Ryan]]></dc:creator>
		<pubDate>Wed, 11 Jun 2014 16:49:00 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=6736#comment-342676</guid>
		<description><![CDATA[Warning to readers of this site: it is controlled by the Ultra-Right-Wing Patriot Movement! They are not progressives and may have links (though this is not certain) to the Fascist Department Of Homeland Security. They are Christian Fundamentalist nuts and supporters of Corporate Capitalism and this is why they keep taking down my blogs. They are USEFUL IDIOTS FOR THIS NATION&#039;S RICH AND SUPER-RICH!]]></description>
		<content:encoded><![CDATA[<p>Warning to readers of this site: it is controlled by the Ultra-Right-Wing Patriot Movement! They are not progressives and may have links (though this is not certain) to the Fascist Department Of Homeland Security. They are Christian Fundamentalist nuts and supporters of Corporate Capitalism and this is why they keep taking down my blogs. They are USEFUL IDIOTS FOR THIS NATION&#8217;S RICH AND SUPER-RICH!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Robert Ryan</title>
		<link>http://theeconomiccollapseblog.com/archives/too-big-to-fail-banks-are-taking-over-as-number-of-u-s-banks-falls-to-all-time-record-low#comment-342480</link>
		<dc:creator><![CDATA[Robert Ryan]]></dc:creator>
		<pubDate>Tue, 10 Jun 2014 21:56:00 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=6736#comment-342480</guid>
		<description><![CDATA[Derivatives are opaque, extremely dangerous in essence gambling instruments that should be Banned, and this goes especially for INTEREST RATE DERIVATIVES. Nationalize the greedy and extremely reckless U.S.financial sector in its entirety and get rid of the thieving and incompetent Federal Reserve which is a consortium of private bankers and is NOT part of the government. Make it easier for employees to unionize. Restore our manufacturing base and build up our high technology base. America can no longer afford to be the world&#039;s policeman which its not even good at being as it lost major wars in Vietnam, Iraq, and Afghanistan! Develop a crash plan AND BE WILLING TO SPEND THE BILLIONS OF DOLLARS that it is going to take to get us off of depleting fossil fuels. Nationalize the crucial energy sector. What will we use when our Dollar finally collapses from the staggering amount of debt both public AND PRIVATE-now over 50 TRILLION dollars and counting? Will a new fiat currency be issued or are we finally going to get some gold and silver backing of any new currency? China is the rising hegemonic power in the world though right now its debt-ridden economy is in a slowdown mode. But if they recover and then go on to issue a gold-backed Yuan we may all end up carrying Yuan notes around in our wallets or as credits on whatever cards the government decides to issue us. We will no longer have the world&#039;s reserve currency and it could end up being the Yuan. MONEY IS POWER, need I say more? Obama is just another Wall Street puppet, a toe-tapping Uncle Tom for the ten percent of Americans who own 80% of this nation&#039;s financial assets. Don&#039;t you think it strange that no Wall Street executives have been prosecuted for the blatant fraud that they committed during the Housing Bubble of the 2000&#039;s? And yet they&#039;ll arrest and prosecute YOU for stealing twenty lousy dollars! The American people have to stop being taken in by the superstitious claptrap of religion and stop being distracted by sports and start facing the sobering realities that are rapidly approaching. Progressives in this country must become a lot better organized than Occupy Wall Street was. It fizzled after only about a year. We must move forward into the future and this is going to take DETERMINED STRUGGLE.]]></description>
		<content:encoded><![CDATA[<p>Derivatives are opaque, extremely dangerous in essence gambling instruments that should be Banned, and this goes especially for INTEREST RATE DERIVATIVES. Nationalize the greedy and extremely reckless U.S.financial sector in its entirety and get rid of the thieving and incompetent Federal Reserve which is a consortium of private bankers and is NOT part of the government. Make it easier for employees to unionize. Restore our manufacturing base and build up our high technology base. America can no longer afford to be the world&#8217;s policeman which its not even good at being as it lost major wars in Vietnam, Iraq, and Afghanistan! Develop a crash plan AND BE WILLING TO SPEND THE BILLIONS OF DOLLARS that it is going to take to get us off of depleting fossil fuels. Nationalize the crucial energy sector. What will we use when our Dollar finally collapses from the staggering amount of debt both public AND PRIVATE-now over 50 TRILLION dollars and counting? Will a new fiat currency be issued or are we finally going to get some gold and silver backing of any new currency? China is the rising hegemonic power in the world though right now its debt-ridden economy is in a slowdown mode. But if they recover and then go on to issue a gold-backed Yuan we may all end up carrying Yuan notes around in our wallets or as credits on whatever cards the government decides to issue us. We will no longer have the world&#8217;s reserve currency and it could end up being the Yuan. MONEY IS POWER, need I say more? Obama is just another Wall Street puppet, a toe-tapping Uncle Tom for the ten percent of Americans who own 80% of this nation&#8217;s financial assets. Don&#8217;t you think it strange that no Wall Street executives have been prosecuted for the blatant fraud that they committed during the Housing Bubble of the 2000&#8217;s? And yet they&#8217;ll arrest and prosecute YOU for stealing twenty lousy dollars! The American people have to stop being taken in by the superstitious claptrap of religion and stop being distracted by sports and start facing the sobering realities that are rapidly approaching. Progressives in this country must become a lot better organized than Occupy Wall Street was. It fizzled after only about a year. We must move forward into the future and this is going to take DETERMINED STRUGGLE.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Robert Ryan</title>
		<link>http://theeconomiccollapseblog.com/archives/too-big-to-fail-banks-are-taking-over-as-number-of-u-s-banks-falls-to-all-time-record-low#comment-342339</link>
		<dc:creator><![CDATA[Robert Ryan]]></dc:creator>
		<pubDate>Mon, 09 Jun 2014 20:48:00 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=6736#comment-342339</guid>
		<description><![CDATA[Reading some of these incredibly stupid comments it would seem to me that conservatives have orchestrated a campaign on this site to divert attention away from this extremely disturbing article on our reckless banks and once again try and shift the blame for the worsening Economic Crisis onto the poor who barely subsist on paltry government aid. The ENTIRE American Financial Sector should have been PERMANENTLY NATIONALIZED after the Financial Crisis that struck in late 2008/early 2009. The American people never signed on to such a ridiculous monopolistic concentration in the Financial Sector but their ignorance and political apathy has allowed this to occur. If the Derivatives (convoluted swindling instruments that SHOULD BE BANNED) exposure is even a fraction of what is portrayed in this article we are in for an extremely difficult time. Not all of these Derivatives may go bad but many will especially as interest rates inevitably rise. Americans have come to accept insane levels of debt as normal but I guarantee that this will change when the GREATEST DEPRESSION strikes! Call me conspiratorial but I sometimes wonder if the U.S. Government, knowing that the Greenback is ultimately doomed, doesn&#039;t have a New Currency &quot;waiting in the wings.&quot; Even if this is the case the transition from the Dollar to a New Currency will be WRENCHING. I say PERMANENTLY NATIONALIZE the U.S. Financial sector and try the greedy reckless pigs who are currently running it with HIGH TREASON!]]></description>
		<content:encoded><![CDATA[<p>Reading some of these incredibly stupid comments it would seem to me that conservatives have orchestrated a campaign on this site to divert attention away from this extremely disturbing article on our reckless banks and once again try and shift the blame for the worsening Economic Crisis onto the poor who barely subsist on paltry government aid. The ENTIRE American Financial Sector should have been PERMANENTLY NATIONALIZED after the Financial Crisis that struck in late 2008/early 2009. The American people never signed on to such a ridiculous monopolistic concentration in the Financial Sector but their ignorance and political apathy has allowed this to occur. If the Derivatives (convoluted swindling instruments that SHOULD BE BANNED) exposure is even a fraction of what is portrayed in this article we are in for an extremely difficult time. Not all of these Derivatives may go bad but many will especially as interest rates inevitably rise. Americans have come to accept insane levels of debt as normal but I guarantee that this will change when the GREATEST DEPRESSION strikes! Call me conspiratorial but I sometimes wonder if the U.S. Government, knowing that the Greenback is ultimately doomed, doesn&#8217;t have a New Currency &#8220;waiting in the wings.&#8221; Even if this is the case the transition from the Dollar to a New Currency will be WRENCHING. I say PERMANENTLY NATIONALIZE the U.S. Financial sector and try the greedy reckless pigs who are currently running it with HIGH TREASON!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Enzo</title>
		<link>http://theeconomiccollapseblog.com/archives/too-big-to-fail-banks-are-taking-over-as-number-of-u-s-banks-falls-to-all-time-record-low#comment-333189</link>
		<dc:creator><![CDATA[Enzo]]></dc:creator>
		<pubDate>Thu, 17 Apr 2014 15:24:00 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=6736#comment-333189</guid>
		<description><![CDATA[I so agree with you sometimes the poor are much worse in character than the rich
It sound like our friend thinks all poor are good and all rich are bad. This is So Off does he live in the 
Real world at all?
]]></description>
		<content:encoded><![CDATA[<p>I so agree with you sometimes the poor are much worse in character than the rich<br />
It sound like our friend thinks all poor are good and all rich are bad. This is So Off does he live in the<br />
Real world at all?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: J M</title>
		<link>http://theeconomiccollapseblog.com/archives/too-big-to-fail-banks-are-taking-over-as-number-of-u-s-banks-falls-to-all-time-record-low#comment-325327</link>
		<dc:creator><![CDATA[J M]]></dc:creator>
		<pubDate>Fri, 21 Feb 2014 12:36:00 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=6736#comment-325327</guid>
		<description><![CDATA[I wish more Austrian school economists, or anyone for that matter, would talk more about derivative exposure. People are ignoring this for a reason.]]></description>
		<content:encoded><![CDATA[<p>I wish more Austrian school economists, or anyone for that matter, would talk more about derivative exposure. People are ignoring this for a reason.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Anon</title>
		<link>http://theeconomiccollapseblog.com/archives/too-big-to-fail-banks-are-taking-over-as-number-of-u-s-banks-falls-to-all-time-record-low#comment-324931</link>
		<dc:creator><![CDATA[Anon]]></dc:creator>
		<pubDate>Wed, 19 Feb 2014 16:26:00 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=6736#comment-324931</guid>
		<description><![CDATA[Effective regulation? What are you high on and would you please share as it must be some good stuff if you think our banks are even close to regulated. Did you not see any of the numbers in the article above? If there was any regulation at all these banks wouldnt have trillions of dollars loaned out that they dont have.]]></description>
		<content:encoded><![CDATA[<p>Effective regulation? What are you high on and would you please share as it must be some good stuff if you think our banks are even close to regulated. Did you not see any of the numbers in the article above? If there was any regulation at all these banks wouldnt have trillions of dollars loaned out that they dont have.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: PeaceAngel</title>
		<link>http://theeconomiccollapseblog.com/archives/too-big-to-fail-banks-are-taking-over-as-number-of-u-s-banks-falls-to-all-time-record-low#comment-312289</link>
		<dc:creator><![CDATA[PeaceAngel]]></dc:creator>
		<pubDate>Mon, 09 Dec 2013 10:13:00 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=6736#comment-312289</guid>
		<description><![CDATA[Sorry, I have been away from my computer for several days. 

This program to do away with the homeless is the same plan that the FEDS have legislated to do away with 90% of the world&#039;s population. AGENDA 21 signed by BUSH sr and made law by Clinton is the New World Order agenda to kill off 90% of the world&#039;s population and imprison the rest. America is the model for the 178 nations who signed it and the plan has already been legislated by our past 7 presidents and is in full operation. America is over.]]></description>
		<content:encoded><![CDATA[<p>Sorry, I have been away from my computer for several days. </p>
<p>This program to do away with the homeless is the same plan that the FEDS have legislated to do away with 90% of the world&#8217;s population. AGENDA 21 signed by BUSH sr and made law by Clinton is the New World Order agenda to kill off 90% of the world&#8217;s population and imprison the rest. America is the model for the 178 nations who signed it and the plan has already been legislated by our past 7 presidents and is in full operation. America is over.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Orange Jean</title>
		<link>http://theeconomiccollapseblog.com/archives/too-big-to-fail-banks-are-taking-over-as-number-of-u-s-banks-falls-to-all-time-record-low#comment-312221</link>
		<dc:creator><![CDATA[Orange Jean]]></dc:creator>
		<pubDate>Sun, 08 Dec 2013 14:10:00 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=6736#comment-312221</guid>
		<description><![CDATA[My dad was in his late teens during the Great Depression, but we grew up not so much with horror stories... as with practical advice and examples on how to survive if such a thing were to happen again. 



I&#039;m sure it helped that both my parents and grandparents grew up poor (money wise) and knew how to &quot;make do&quot;. I also had years when I lived with very little money, but managed to survive. I don&#039;t know how much this might help someone help someone, but I&#039;ll share some basic info below on how we did this, for any of you interested. 

We had a fairly large family (5 kids) by today&#039;s standards but common then. We owned 10 acres of land, half kept in hay fields and well suited for either farming or grazing animals, in a place where you could 
support your family on 10 acres if you needed to. My father&#039;s father had a dairy and dad and the uncles knew how to raise and milk cows and take care of them, even though they didn&#039;t keep any when I was growing up. When I was young my dad had honey bees and kept chickens and a garden and things like fruit trees and grape vines were used for landscaping.

We were taught to honor work, and all us us kids were expected to get a part time job at 16 and when we did we were charged 50% of our take home pay for &quot;room and board&quot;. We were also expected to save at least half of what was leftover after that. We were expected to leave home and support ourselves at 18. 

My family didn&#039;t have a lot of cash (dad was a firefighter), but did a lot of things to conserve money. My brothers were expected to learn how to fix their own cars, plumbing and things that broke (my dad&#039;s specialty... seemed he could fix anything). My father didn&#039;t approve of hunting but the boys were all taught to fish. We were all encouraged to learn to cook and garden, and as a girl I was encouraged to learn to sew, knit, etc. Lights were always shut off when someone left the room and not used if there was enough daylight for whatever you were doing. Heat was not turned on until it got really cold outside and us kids spent most of the time playing outdoors... so we were used to it. Radio and TV were never put on unless someone was actually listening or watching it.

We also did a lot of things like kept food in storage (large freezer and a big basement with shelving full of canned goods, always bought things like toilet paper in bulk). We bought most of our food in bulk like whole cases of canned goods an would stock up on things like day old bread at places my  parents, aunt and uncles found where we would go on short trips annually to buy food that were &quot;seconds&quot; (but safe). And we always ate from what we stored. Candy and sweets only allowed a few times a year so there wouldn&#039;t be big dental bills.



We also always checked the town dump first when there was something other than food that we needed, before buying it. No shame attached to dumpster diving here!


Entertainment was mostly activities that cost little or nothing or were educational... like playing outdoors, going on picnics or &quot;mystery rides&quot;, swimming in the local swim hole in the summer or ice skating and sledding on our pond and hills in the winter, reading books from the library, or a few times a year going to a museum.


In retrospect, I think it was a good way to grow up and did help prepare us to live with very limited cash flow. We all know how to be frugal. The knowledge of how to do things never leaves you and so main thing I would worry about if we have another depression would be more about health concerns or crime.]]></description>
		<content:encoded><![CDATA[<p>My dad was in his late teens during the Great Depression, but we grew up not so much with horror stories&#8230; as with practical advice and examples on how to survive if such a thing were to happen again. </p>
<p>I&#8217;m sure it helped that both my parents and grandparents grew up poor (money wise) and knew how to &#8220;make do&#8221;. I also had years when I lived with very little money, but managed to survive. I don&#8217;t know how much this might help someone help someone, but I&#8217;ll share some basic info below on how we did this, for any of you interested. </p>
<p>We had a fairly large family (5 kids) by today&#8217;s standards but common then. We owned 10 acres of land, half kept in hay fields and well suited for either farming or grazing animals, in a place where you could<br />
support your family on 10 acres if you needed to. My father&#8217;s father had a dairy and dad and the uncles knew how to raise and milk cows and take care of them, even though they didn&#8217;t keep any when I was growing up. When I was young my dad had honey bees and kept chickens and a garden and things like fruit trees and grape vines were used for landscaping.</p>
<p>We were taught to honor work, and all us us kids were expected to get a part time job at 16 and when we did we were charged 50% of our take home pay for &#8220;room and board&#8221;. We were also expected to save at least half of what was leftover after that. We were expected to leave home and support ourselves at 18. </p>
<p>My family didn&#8217;t have a lot of cash (dad was a firefighter), but did a lot of things to conserve money. My brothers were expected to learn how to fix their own cars, plumbing and things that broke (my dad&#8217;s specialty&#8230; seemed he could fix anything). My father didn&#8217;t approve of hunting but the boys were all taught to fish. We were all encouraged to learn to cook and garden, and as a girl I was encouraged to learn to sew, knit, etc. Lights were always shut off when someone left the room and not used if there was enough daylight for whatever you were doing. Heat was not turned on until it got really cold outside and us kids spent most of the time playing outdoors&#8230; so we were used to it. Radio and TV were never put on unless someone was actually listening or watching it.</p>
<p>We also did a lot of things like kept food in storage (large freezer and a big basement with shelving full of canned goods, always bought things like toilet paper in bulk). We bought most of our food in bulk like whole cases of canned goods an would stock up on things like day old bread at places my  parents, aunt and uncles found where we would go on short trips annually to buy food that were &#8220;seconds&#8221; (but safe). And we always ate from what we stored. Candy and sweets only allowed a few times a year so there wouldn&#8217;t be big dental bills.</p>
<p>We also always checked the town dump first when there was something other than food that we needed, before buying it. No shame attached to dumpster diving here!</p>
<p>Entertainment was mostly activities that cost little or nothing or were educational&#8230; like playing outdoors, going on picnics or &#8220;mystery rides&#8221;, swimming in the local swim hole in the summer or ice skating and sledding on our pond and hills in the winter, reading books from the library, or a few times a year going to a museum.</p>
<p>In retrospect, I think it was a good way to grow up and did help prepare us to live with very limited cash flow. We all know how to be frugal. The knowledge of how to do things never leaves you and so main thing I would worry about if we have another depression would be more about health concerns or crime.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: DiscouragedOne</title>
		<link>http://theeconomiccollapseblog.com/archives/too-big-to-fail-banks-are-taking-over-as-number-of-u-s-banks-falls-to-all-time-record-low#comment-312193</link>
		<dc:creator><![CDATA[DiscouragedOne]]></dc:creator>
		<pubDate>Sat, 07 Dec 2013 22:10:00 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=6736#comment-312193</guid>
		<description><![CDATA[I think you are right, although the only way I could ever shoot a person would be in self-defense, I certainly would never go looking for it.]]></description>
		<content:encoded><![CDATA[<p>I think you are right, although the only way I could ever shoot a person would be in self-defense, I certainly would never go looking for it.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: DiscouragedOne</title>
		<link>http://theeconomiccollapseblog.com/archives/too-big-to-fail-banks-are-taking-over-as-number-of-u-s-banks-falls-to-all-time-record-low#comment-312191</link>
		<dc:creator><![CDATA[DiscouragedOne]]></dc:creator>
		<pubDate>Sat, 07 Dec 2013 22:08:00 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=6736#comment-312191</guid>
		<description><![CDATA[I started out poor, now I am middle class, and I don&#039;t feel sorry for a lot of the poor, because I have known some and they were as greedy as the 1%.  Now, if they are down through no fault of their own, if they want a job but can&#039;t find one, those are the people I will gladly help.  The ones who feel I should give them what I worked hard for? They could have done the same thing I did, but instead they want to profit from my hard work and get what they don&#039;t deserve.  I say they are 2 extremes, and they both involve greed and selfishness.]]></description>
		<content:encoded><![CDATA[<p>I started out poor, now I am middle class, and I don&#8217;t feel sorry for a lot of the poor, because I have known some and they were as greedy as the 1%.  Now, if they are down through no fault of their own, if they want a job but can&#8217;t find one, those are the people I will gladly help.  The ones who feel I should give them what I worked hard for? They could have done the same thing I did, but instead they want to profit from my hard work and get what they don&#8217;t deserve.  I say they are 2 extremes, and they both involve greed and selfishness.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
