Below is a link to an extremely important and informative article on the subject of the health of our nation's banks. We have all heard that our banks are in crisis. What we have not heard is there is already a law on the books to deal with this crisis! This article by William K. Black, a former regulator who helped clean up the Savings and Loan fiasco of the 1980's, shows what can be done now. It is indeed remarkable that discussion of this law has been suppressed, and I believe it has.
http://www.huffingtonpost.com/william-k-black/why-is-geithner-continuin_b_169234.html
In a time of EMERGENCY. Welcome to The Musical Patriot, a web log of information and inspiration. Also included are events of interest in my own life. Now in its twentieth year! (Comments to any post may be made by clicking on the "COMMENTS" link. Commenting is moderated.) To get the most out of this blog, a free subscription is recommended; see "Subscribe to” elsewhere on this blog depending on your device format.
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