Are small Banks going to survive ? ...

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • dogtag
    Senior Member
    • Sep 2009
    • 14985

    #1

    Are small Banks going to survive ? ...

    Maybe not if they have too many delinquent real estate
    loans on their books, or maybe car loans. If their customers
    get a hint that things aren't hunky dory, there could be a run.
    I'd be a little skittish if I had a bunch of money in a small bank.
    But I don't have to worry about that, but my Piggy Bank does
    whenever he sees a hammer.
  • Major Tom
    Very Senior Member - OFC
    • Aug 2009
    • 6181

    #2
    I'm not sure, but I think the 1929 Depression changed the way banks are run and/or protected. As for me, I will withdraw my stimulus money via cash and put it in my safe.

    Comment

    • togor
      Banned
      • Nov 2009
      • 17610

      #3
      FDIC

      One of those dumb Roosevelt thingys.

      Comment

      • Carbine64
        Member
        • Jul 2011
        • 70

        #4
        Check your history FDR only signed the bill ,Carter Glass and Henry Steagall did the work to get the bill to pass.Also Carter Glass worked in the Hoover administration .If FDR could see his party today he would not claim it.

        Comment

        • togor
          Banned
          • Nov 2009
          • 17610

          #5
          My history says he signed it and it has come to be known as part of the New Deal in public mind.

          Democrats still the party that challenges the excesses of big business and champions organized labor. If FDR had to be prodded on some things by Eleanor (the true Liberal) he was still prodded.

          His decidedly internationalist view of things (UN) is more in line with Democrats today and completely at odds with America First.

          If someone has a fondness for FDR and wants to imagine he'd be arm in arm with 2020 Republicans, forget it.
          Last edited by togor; 04-16-2020, 05:29.

          Comment

          • Carbine64
            Member
            • Jul 2011
            • 70

            #6
            FDR thought he could work with anyone,here and overseas.Due to the shape of the county when he took office he pulled the nation together.Now we know he had Socialist and Communist on his staff during his time in office.He also had no problem working with both outside of the county during the war.We also know Truman started to clean house as soon as he could.We as a country are so split in ideas that very little will get done.Today shows that we have a group that want to change the nation from a Democracy to a Dictatorship.That party is the Democratic party,you can see in the wild ideas that come out each day.

            Comment

            • togor
              Banned
              • Nov 2009
              • 17610

              #7
              Originally posted by Carbine64
              FDR thought he could work with anyone,here and overseas.Due to the shape of the county when he took office he pulled the nation together.Now we know he had Socialist and Communist on his staff during his time in office.He also had no problem working with both outside of the county during the war.We also know Truman started to clean house as soon as he could.We as a country are so split in ideas that very little will get done.Today shows that we have a group that want to change the nation from a Democracy to a Dictatorship.That party is the Democratic party,you can see in the wild ideas that come out each day.
              I see you're a bit behind on your reading....specifically, quotes by the current President about his absolute powers, and the need for personal loyalty to him. How much more obvious does it need to be?
              Last edited by togor; 04-16-2020, 09:36.

              Comment

              • Carbine64
                Member
                • Jul 2011
                • 70

                #8
                No I read a lot but not the Propaganda that is the so called news that you read.We as a nation are at war and need to make hard decisions ,the needs change and the country will recover. Has the President pushed anything through as you do everyday with your hate.

                - - - Updated - - -

                Sorry my hands are cold just came in from helping a friend that cold not mow their yard.

                Comment

                • togor
                  Banned
                  • Nov 2009
                  • 17610

                  #9
                  No problem with typing, I know how it gets.

                  Trump ran his business as an autocrat. Fine, it's his business, privately owned, his to run as he sees fit.

                  But his own quotes reveal his autocratic tendencies, uttered long before the virus came along, so nothing has changed there. My love or hate for him has nothing to do with his own words. Does he mean what he say? To stand with Trump and worry about the other party being authoritarian....well Matthew 7:5 comes to mind.

                  If you're going to convince me that the wannabe dictatorship is in the other party, you'll first have to confront those Trump quotes.

                  One of the problems autocrats have is delegating important tasks to capable subordinates. With normal leadership the bargain is: some freedom for the subordinate to figure out how to get the job done, sometimes with air cover from the boss, and the boss gets to take some (but not all) of the credit. I'm looking for the George Patton in the executive branch, the hard charger who gets results and doesn't worry about what HQ is going to say, and I don't see him. Do you? Everything in the agencies has to be first run upstairs, and the result is that it is taking effing forever for the Federal Government to get its footing on this problem.

                  Comment

                  • Carbine64
                    Member
                    • Jul 2011
                    • 70

                    #10
                    No not one you need many to pull together to get our county back on line.But when you have the Media,that hates anyone who calls themselves Republicans and will not try to help it gets old.I have ran my own small business and you try to have a group that you can depend on and sometimes you need to clean house.I see it more as the Golden Rule Leviticus 19;18

                    Comment

                    • rayg
                      Senior Member
                      • Aug 2009
                      • 7444

                      #11
                      I also have my doubts as to what Togor wants for this country. I know he hates Trump as all he adds is his constant complains about him! It's always Trump's fault, Trump did it, Trump lied....
                      I said it before..instead of being a little gain in the sand complaining, he should run for a political office then his complaints might carry some weight...Lol.
                      Last edited by rayg; 04-16-2020, 12:39.

                      Comment

                      • togor
                        Banned
                        • Nov 2009
                        • 17610

                        #12
                        Ray it isn't obvious? I want every branch of government working at peak efficiency. Like the man said, a bit of a war situation. In an attempt to keep you and Lyman happy I try to make my critiques non-political. If you take every criticism of the administration as a personal attack on Trump, then you are the political one, not me.

                        Recognizing that the Governors need to keep the initiative for their states was a good step. Now they need to streamline Federal operations, set clear lines of responsibility, and devolve initiative down the ranks, so that the good people still in government can be used to maximum effect. There isn't time to have to run every big decision through the White House for a public stamp of approval.

                        My brother is a industry consultant for getting FDA approvals. He gets hired to help get FDA approval for stuff. Makes a decent living at it too. I put some questions to him about how the FDA is running now. His answers were interesting, but not going to post unless there is interest.

                        Comment

                        • Carbine64
                          Member
                          • Jul 2011
                          • 70

                          #13
                          The problem with government it will never work at peak efficiency.I have spent a few years working in different State and County government positions.One of the largest problems is staff.so many are hired with no or little education in their fields.so when the staff is put to task most can't step up and do the job.Many times you find out your supervisor or department head got their position by who they know and not what they know.This happens in the private world also but you don't depend on those to make life decisions.I had one very good supervisor who would work with all of his staff,so he knew what we all did daily.He also told us in meetings government never goes out of business.

                          Comment

                          • Vern Humphrey
                            Administrator - OFC
                            • Aug 2009
                            • 15875

                            #14
                            Originally posted by Carbine64
                            The problem with government it will never work at peak efficiency.I have spent a few years working in different State and County government positions.One of the largest problems is staff.so many are hired with no or little education in their fields.so when the staff is put to task most can't step up and do the job.Many times you find out your supervisor or department head got their position by who they know and not what they know.This happens in the private world also but you don't depend on those to make life decisions.I had one very good supervisor who would work with all of his staff,so he knew what we all did daily.He also told us in meetings government never goes out of business.
                            This is what you get when there is no competition -- why SHOULD government do a better job? What are the people going to do -- move to another country?

                            And this explains also why socialism doesn't work.

                            Comment

                            • lyman
                              Administrator - OFC
                              • Aug 2009
                              • 11296

                              #15
                              Originally posted by togor
                              Ray it isn't obvious? I want every branch of government working at peak efficiency. Like the man said, a bit of a war situation. In an attempt to keep you and Lyman happy I try to make my critiques non-political. If you take every criticism of the administration as a personal attack on Trump, then you are the political one, not me.

                              Recognizing that the Governors need to keep the initiative for their states was a good step. Now they need to streamline Federal operations, set clear lines of responsibility, and devolve initiative down the ranks, so that the good people still in government can be used to maximum effect. There isn't time to have to run every big decision through the White House for a public stamp of approval.

                              My brother is a industry consultant for getting FDA approvals. He gets hired to help get FDA approval for stuff. Makes a decent living at it too. I put some questions to him about how the FDA is running now. His answers were interesting, but not going to post unless there is interest.

                              if you noticed, this is the political section,,

                              as far as I am concerned, type away, but remember to leave that poor dead horse alone, that has been my criticism of you,, every thread negative, every thread OMB, TDS etc, etc, not productive or efficient as you say,,, and you tend to rant on other posters and take what I type personal,,,,

                              Comment

                              Working...