Upgrade your browser!

Skip to Content

Bank CEO Says Bailout Failing Community ...

As another $350 billion goes out the door, ANP looks at one small bailed-out bank. Eagle Bank, a community bank headquartered in Maryland, received many millions of dollars of TARP money, but is having trouble making loans. Its CEO, Ron Paul, says that the government has not taken fleeing depositors into account and, as a result, small banks and their surrounding communities will suffer.

  • Views: 7138
  • All Ages
  • All Ages

Related Media

View All



Trouble playing the media? Click here to manually download it.

Rate This Video:
Rate it 0.5 Rate it 1.0 Rate it 1.5 Rate it 2.0 Rate it 2.5 Rate it 3.0 Rate it 3.5 Rate it 4.0 Rate it 4.5 Rate it 5.0

4.29 out of 5 based on 268 votes

Rating Results:
Earn XP by sharing this video!
learn more

Video URL:

Embedded Link:

Send This Video To A Cell Phone! Digg

10 Comments

Current View: 15 / Show all Comments

computermexican (Admin) : LVL 39: VP 4.7: said:

computermexican

1 votes NegativePositive

306 days 15 hours ago...

The understanding of the money/bank system in this video is severely flawed. Watch the first 25 minutes of this for a true understanding: http://www.spikedhumor.com/articles/165112/Zeitgeist-Addendum.html

mastergryne : LVL 35: VP 4.3: said:

mastergryne

10 votes NegativePositive

306 days 13 hours ago...

Funny how they keep bailing banks out with currency that has no value. Press more money without value, you`re only digging the hole deeper

Flynn_2006 : LVL 44: VP 5: said:

Flynn_2006

2 votes NegativePositive

306 days 3 hours ago...

Well if you let the federal reserve to use tax payer`s money to pick winners...

unwantedpigeon : LVL 35: VP 4.3: said:

unwantedpigeon

4 votes NegativePositive

301 days 12 hours ago...

that`s why I withdrew all MY money from my account...

all 40$ dollars of it.

can`t have the banks failing on us.lol

Arcturus519 : LVL 53: VP 5: said:

Arcturus519

0 votes NegativePositive

301 days 9 hours ago...

Right so if business`s are allocating money across to all sorts of banks, then you should have new depositors from other banks, unless your bank sucks ass and no-one likes it.

Try again failure of an excuse.

SenorNaco : LVL 38: VP 4.6: said:

SenorNaco

0 votes NegativePositive

301 days 7 hours ago...

35 million to a small community bank in maryland? i knew they were wasting the money, but that`s just incredible.

and a few comments have already hit on this point, but just to recap: his argument seems reasonable until you consider the fact that most banks are just retail operations. if his bank`s rates are not competitive enough, people will just deposit their money in another bank.

throwing money at smaller banks does nothing the solve the issue, especially since smaller banks are already fighting an uphill battle with credibility/stability issues. similar reason to why the bailout for american automakers doesn`t work, actually.

and the idea that community based banks are somehow more inclined or better able to redistribute bailout money is ridiculous. this crisis started with the big banks, and will end with the big banks.

d1dgreat1 : LVL 38: VP 4.6: said:

d1dgreat1

0 votes NegativePositive

300 days 18 hours ago...

I`m getting out stocks with a 50% loss. Fuck all that noise.

d1dgreat1 : LVL 38: VP 4.6: said:

d1dgreat1

0 votes NegativePositive

300 days 18 hours ago...

If I wait longer i will be left with only a quarter of what i put in. 4 G`s gone with the wind.

thorkon : LVL 36: VP 4.4: said:

thorkon

0 votes NegativePositive

300 days 16 hours ago...

You need to set loss rules. Drops below 8% you drop the stock.

d1dgreat1 : LVL 38: VP 4.6: said:

d1dgreat1

0 votes NegativePositive

297 days 8 hours ago...

I`ll keep that in mind.

Post a Comment:

Avatar


The Spikedhumor Drawing!Drawing Coming Soon!
Prize
Entry Dates: 9/8/2007-9/14/2009