Friday, October 31, 2008

Another Friday, another bank.

This time it's Freedom Bank, of Bradenton, FL.

That's two banks in two weeks, people. ("Alpha Bank and Trust" of Alpharetta, GA failed last week). We guess we have a while to go before Omega bank folds - though they tell us the failure rate will go up before it goes down.

And just what's the world coming to when the "Freedom Bank" fails? Is it a giant metaphor for our growing indebtedness? Is indentured servitude going to make a comeback? Is debt-slavery going to be more than just a phrase thrown around?

Should we all just move to Iceland?


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Sat Nov 14, 11:53:00 AM EST  

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