Friday, February 13, 2009
"We Don't Need to be Rescued"
The image above is from the website of my local bank, NVE Bank. Incidentally, the reason I initially opened an account at this bank was because it was listed as one of the safer banks in the country in Ravi Batra's book, Surviving the Great Depression of 1990. If memory serves, Batra's thesis was that the big build-up in federal debt during the 1980s had set the stage for catastrophe. I'll have to see if I still have the book somewhere and peruse it again to be sure.