Saturday, May 9, 2009

If You Were Planning a Dive to 1500 ft in a Sub, Would You Accept One Rated to 1,000 ft?

Well then you would not accept the bank's stress test results either. Did you know the institution administering the "Stress Test" are the banks themselves? Many were allowed to "Modify" the stress applied to themselves!

Their "Worst Case Scenarios" used as the benchmarks, such as unemployment hitting 8.9% are already upon us, with no real end of the economic Tsunami in sight.

Just more Government Bullshit!

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