Posted by . on October 30, 2011, 9:52 am
Oh, lord, Phil's stuck in Lodi again...
Posted by krusty kritter on October 30, 2011, 2:39 pm
> http://dailybail.com/home/move-your-money-bank-of-america-branch-mana ...
> (bank begs customer not to take money out)
I cashed out of the stock market several years ago and I didn't want
Uncle Sam to be aware of how i was moving large amounts of my own
federal reserve notes around, so I split it up amongst several banks.
I put several large into BofA, but when I discovered BofA was given
loans to illegal aliens (and even *giving free houses* to supposedly
"deserving" illegal alien families, I took my money out of that bank.
Posted by Jared on October 30, 2011, 11:46 pm
On 10/30/2011 2:08 PM, phil scott wrote:
[...]
> This would be a superb time frame to renegotiate your firms terms with
> its bank. since they are leveraging your deposits ten times..
No, they aren't.
--
Jared
Posted by Jared on October 31, 2011, 1:27 am
On 10/30/2011 11:46 PM, Jared wrote:
> On 10/30/2011 2:08 PM, phil scott wrote:
> [...]
>> This would be a superb time frame to renegotiate your firms terms with
>> its bank. since they are leveraging your deposits ten times..
> No, they aren't.
Seriously, how much money do you think my bank makes in a year if I
keep $100 on deposit with them? If your answer is in dollars, it's
too much.
--
Jared
Posted by Jared on October 31, 2011, 2:24 am
On 10/31/2011 1:53 AM, phil scott wrote:
>> On 10/30/2011 11:46 PM, Jared wrote:
>>
>>> On 10/30/2011 2:08 PM, phil scott wrote:
>>> [...]
>>>> This would be a superb time frame to renegotiate your firms terms with
>>>> its bank. since they are leveraging your deposits ten times..
>>
>>> No, they aren't.
>>
>> Seriously, how much money do you think my bank makes in a year if I
>> keep $100 on deposit with them? If your answer is in dollars, it's
>> too much.
>>
>> --
>> Jared
> Hello Jared,
> what I think is irrelevant... for an answer to your question you will
> have to read whats available on the subject of
> 'fractional reserve banking' there are some easy to understand
> video's on youtube, by various investment banker types and analysts
I read the annual report of my bank, and they make _less than a
penny per year_ on a dollar of deposits. And they consider themselves
"highly profitable".
I'm wondering what _you_ believe about fractional reserve banking
that makes you say the bank "leverages [my] deposits ten times".
--
Jared
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> there, but in those days the pit fence was plywood, and there was a
> jump coming out of the sweeper, just before the hair pin turn and the
> start line was a hundred yards back on a spur, that put us many 85 or
> so into the first turn.. they have slowed that down a whole lot with
> the start moved closer to the sweeper,
> I had screwed up a start one time and was last by half a lap into the
> first turn, two laps later I was coming up on the first place guy in
> that hair pin, lost it and was laying face down in the middle of the
> hair pin and got ran over by a fat guy on a 500 bsa gold star.
> (that was the accident where they tried to haul me off in the
> ambulance ... a nite race... 500cc triumph twin..)
> the vid shows how to ride that track, its very accurate.. its close
> quarters and short run to the first turnm it would be about seventy
> mph going in.. maybe a bit faster...vid makes the track look shorter
> than it is, probably by using a zoom lens
> Kenny Roberts first race was at that track, on a hodaka 90, we all
> knew he had what it took then
> he finished fifth went on to become a many times world champion on the
> dirt ovals and in road racing... it is skills learned on the dirt
> oval, sliding sideways under power that seems to see more dirt riders
> ending as champions on the pavement than any other.
> Jenn Snyder chose lodi bowl to rehabilitate after her crash at
> Springfield... she was about 94 pounds, wore a sun dress in the pits
> at the pro flat track races, she would slide sideways with her feet on
> the begs between the types that were leading this race. used to be
> many pics of her on the web.. hard to find now
>
> Phil scott