Kennesaw bank fails, 10th in Ga. past...

Kennesaw bank fails, 10th in Ga. past year

There are 15 comments on the www.ajc.com story from Apr 25, 2009, titled Kennesaw bank fails, 10th in Ga. past year. In it, www.ajc.com reports that:

Federal and state regulators shut down Kennesaw-based American Southern Bank Friday, making it the 10th Georgia bank to be closed in the past year.

Join the discussion below, or Read more at www.ajc.com.

Waterhead obama

United States

#1 Apr 25, 2009
More U.S. banks have failed during the three months of obama than failed all of last year.

Liar obama tries to tell America that things are getting better.

“Cake or Death?”

Since: Dec 08

Palm Beach

#2 Apr 25, 2009
****( http://www.reuters.com/article/topNews/idUSN0... )****
"The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009. The out-of-control deficit picture by the Congressional Budget Office illustrates the daunting economic challenges President-elect Barack Obama faces when he takes office on January 20."

****( http://money.cnn.com/2009/01/07/news/economy/... )****

"The CBO - which provides the official estimates of the budgetary impact of legislation and events such as wars and recessions. The federal government has tried to combat the crisis by so far committing $7.2 trillion in investments and loans primarily to financial institutions."

****( http://www.bloomberg.com/apps/news... )****
**** "Dec. 31 (Bloomberg)-- It has been a year of record misery: the largest bankruptcy, bank failure and Ponzi scheme in U.S. history; $720 billion in writedowns and losses by financial institutions; $30.1 trillion in market valuation wiped out." ****

****( http://www.bea.gov/newsreleases/national/gdp/... )****

****“GROSS DOMESTIC PRODUCT: FOURTH QUARTER 2008 (PRELIMINARY)
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 6.2 percent in the fourth quarter of 2008."****

Bush did this not Obama...

****“Many monumental errors and misjudgments contributed to the acute financial turmoil in which we now find ourselves. Nevertheless, the vast accumulation of toxic mortgage debt that poisoned the global financial system was driven by the aggressive buying of subprime and Alt-A mortgages, and mortgage-backed securities, by Fannie Mae and Freddie Mac. The poor choices of these two government-sponsored enterprises (GSEs)-- and their sponsors in Washington -- are largely to blame for our current mess”****

****( http://online.wsj.com/article/SB1222129488114... )****

Bush.... Not Obama...

01/20/2009
6,307,310,739,681.66
4,319,566,309,231.42
10,626,877,048,913.08

Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
01/19/2001
Not Available
Not Available
5,727,776,738,304.64

http://www.treasurydirect.gov/NP/BPDLogin...

Bush!!!!
Waterhead obama

United States

#3 Apr 25, 2009
The Bush years gave us a record high stock market, record high home ownership and low unemployment. The stock market didn't tank until well after the Democratic Party took control of Congress in 1007 and deliberately passed excessive spending legislation but failed to pass the first stimulus checks on a timely basis. After that, they withheld the next stimulus package until after the presidential election, a year too late.
obama has failed to create jobs, failed to turn the economy around, and failed in his foreign policy.

“Cake or Death?”

Since: Dec 08

Palm Beach

#4 Apr 25, 2009
Waterhead obama wrote:
The Bush years gave us a record high stock market, record high home ownership and low unemployment. The stock market didn't tank until well after the Democratic Party took control of Congress in 1007 and deliberately passed excessive spending legislation but failed to pass the first stimulus checks on a timely basis. After that, they withheld the next stimulus package until after the presidential election, a year too late.
obama has failed to create jobs, failed to turn the economy around, and failed in his foreign policy.
****( http://www.cbo.gov/budget/historical.shtml )****
1981 599.3 678.2 -73.9 -5.0 -0.1 -79.0 789.4 <-------- Reagan takes office.
1982 617.8 745.7 -120.6 -7.9 0.6 -128.0 924.6 <-------- Reaganomics Starts ='s Cheap Credit.
1983 600.6 808.4 -207.7 0.2 -0.3 -207.8 1,137.3
1984 666.5 851.9 -185.3 0.3 -0.4 -185.4 1,307.0
1985 734.1 946.4 -221.5 9.4 -0.1 -212.3 1,507.3
1986 769.2 990.4 -237.9 16.7 0.0 -221.2 1,740.6
1987 854.4 1,004.1 -168.4 19.6 -0.9 -149.7 1,889.8
1988 909.3 1,064.5 -192.3 38.8 -1.7 -155.2 2,051.6
1989 991.2 1,143.8 -205.4 52.4 0.3 -152.6 2,190.7 <----- Bush 1 takes office keeping on track with cheap credit.
1990 1,032.1 1,253.1 -277.6 58.2 -1.6 -221.0 2,411.6
1991 1,055.1 1,324.3 -321.4 53.5 -1.3 -269.2 2,689.0
1992 1,091.3 1,381.6 -340.4 50.7 -0.7 -290.3 2,999.7 <----- Bush 1's failure to keep running up debt is realized.
1993 1,154.5 1,409.5 -300.4 46.8 -1.4 -255.1 3,248.4 <----- Clinton Takes office
1994 1,258.7 1,461.9 -258.8 56.8 -1.1 -203.2 3,433.1
1995 1,351.9 1,515.9 -226.4 60.4 2.0 -164.0 3,604.4
1996 1,453.2 1,560.6 -174.0 66.4 0.2 -107.4 3,734.1
1997 1,579.4 1,601.3 -103.2 81.3 0.0 -21.9 3,772.3
1998 1,722.0 1,652.7 -29.9 99.4 -0.2 69.3 3,721.1
1999 1,827.6 1,702.0 1.9 124.7 -1.0 125.6 3,632.4 <------- Clinton Balances the Budget
2000 2,025.5 1,789.2 86.4 151.8 -2.0 236.2 3,409.8 <------- Clinton keeps the Budget Balanced
2001 1,991.4 1,863.2 -32.4 163.0 -2.3 128.2 3,319.6 <------- Bush starts driving drunk.
2002 1,853.4 2,011.2 -317.4 159.0 0.7 -157.8 3,540.4 <------- Bush's $317b increase in debt spending
2003 1,782.5 2,160.1 -538.4 155.6 5.2 -377.6 3,913.4 <------- Bush's $538b increase in debt spending
2004 1,880.3 2,293.0 -568.0 151.1 4.1 -412.7 4,295.5 <------- Bush's $568b increase in debt spending
2005 2,153.9 2,472.2 -493.6 173.5 1.8 -318.3 4,592.2 <------- Bush's $493b increase in debt spending
2006 2,407.3 2,655.4 -434.5 185.2 1.1 -248.2 4,829.0 <------- Bush's $434b increase in debt spending <--- spending was decreasing
2007 2,568.2 2,728.9 -342.2 186.5 -5.1 -160.7 5,035.1 <------- Bush's $342b increase in debt spending <--- spending was decreasing
2008 2,523.6 2,978.5 -638.1 180.2 3.0 -454.8 5,802.9 <------- Bush's $638b increase in debt spending

Bush gave us a Debt Spending Tax free economy that fell apart.. Faux does as Fuax is..
Waterhead obama

United States

#5 Apr 25, 2009
obama created more national debt in one month than was created during the last 4 years of the Bush administration.

Most government waste goes to entitlement programs.

The new Democratic Congress passed a brand new GI Bill in 2008 that provides college educations for ROTC officers who already got one free education and now will be eligible for another. National Guard members now get education eligibility they NEVER had before. Free educations plus $12,000 a year for living expenses. Where is this money coming from? Future debt guaranteed by the Democrats!

The Medicaid prescription plan is run with government debt. Now, obama wants nationwide health care too and there's no money for it. obama's first act as president was to provide health care to ghetto mothers and that money comes from the stimulus package which is totally financed by debt.

Trace the housing crisis to Bill Clinton and the legislation he pushed through to force mortgage companies to grant home loans to unqualified people and those are the very people who defaulted during the last year.
Clinton claimed that turning down unqualified people for mortgages was racial discrimination and went on to state that home ownership for poor people was the way to "redistribute the wealth".
obama now follows with the very same failed logic and under obama unemployment is at an all time record high of 6 million.

“Cake or Death?”

Since: Dec 08

Palm Beach

#6 Apr 25, 2009
Waterhead obama wrote:
obama created more national debt in one month than was created during the last 4 years of the Bush administration.
Most government waste goes to entitlement programs.
The new Democratic Congress passed a brand new GI Bill in 2008 that provides college educations for ROTC officers who already got one free education and now will be eligible for another. National Guard members now get education eligibility they NEVER had before. Free educations plus $12,000 a year for living expenses. Where is this money coming from? Future debt guaranteed by the Democrats!
The Medicaid prescription plan is run with government debt. Now, obama wants nationwide health care too and there's no money for it. obama's first act as president was to provide health care to ghetto mothers and that money comes from the stimulus package which is totally financed by debt.
Trace the housing crisis to Bill Clinton and the legislation he pushed through to force mortgage companies to grant home loans to unqualified people and those are the very people who defaulted during the last year.
Clinton claimed that turning down unqualified people for mortgages was racial discrimination and went on to state that home ownership for poor people was the way to "redistribute the wealth".
obama now follows with the very same failed logic and under obama unemployment is at an all time record high of 6 million.
Look... Facts that are sourced... Less on the gut feelings and more on the fact based conversation Fox News watcher..

Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
01/20/2009
6,307,310,739,681.66
4,319,566,309,231.42
10,626,877,048,913.08

Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
01/19/2001
Not Available
Not Available
5,727,776,738,304.64

http://www.treasurydirect.gov/NP/BPDLogin...

Obama..

Current Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
04/23/2009
6,885,897,594,432.37
4,299,025,068,430.48
11,184,922,662,862.85

Deduct from Obama's running Tally..

****( http://www.reuters.com/article/topNews/idUSN0... )****

"The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009. The out-of-control deficit picture by the Congressional Budget Office illustrates the daunting economic challenges President-elect Barack Obama faces when he takes office on January 20."

Now... stop listening to Fox.. and start reading...

Feel free to site all the .Gov sites you want but please stay away from the sheepeople foder and spiting it up all over me like I am as stupid as you..

Get a clue, then come back so you are not so boring to talk too.
Waterhead obama

United States

#7 Apr 25, 2009
JW n FL wrote:
<quoted text>
Look... Facts that are sourced... Less on the gut feelings and more on the fact based conversation Fox News watcher..
Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
01/20/2009
6,307,310,739,681.66
4,319,566,309,231.42
10,626,877,048,913.08
Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
01/19/2001
Not Available
Not Available
5,727,776,738,304.64
http://www.treasurydirect.gov/NP/BPDLogin...
Obama..
Current Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
04/23/2009
6,885,897,594,432.37
4,299,025,068,430.48
11,184,922,662,862.85
Deduct from Obama's running Tally..
****( http://www.reuters.com/article/topNews/idUSN0... )****
"The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009. The out-of-control deficit picture by the Congressional Budget Office illustrates the daunting economic challenges President-elect Barack Obama faces when he takes office on January 20."
Now... stop listening to Fox.. and start reading...
Feel free to site all the .Gov sites you want but please stay away from the sheepeople foder and spiting it up all over me like I am as stupid as you..
Get a clue, then come back so you are not so boring to talk too.
Shows just how wrong you are. I don't subscribe to cable or satellite. I don't watch Fox News.
I do watch the government and know that entitlement programs don't return taxes to the government or create goods or services that sell on the open market for a profit. Sale of goods and services is what creates national wealth, creates jobs, and generates tax revenue for the government to operate.
Entitlement programs are government waste and most of the national debt is due to entitlement programs.
Now, obama has just committed to one trillion dollars of aid to developing countries. Money we don't have and won't have.

“Cake or Death?”

Since: Dec 08

Palm Beach

#8 Apr 25, 2009
Waterhead obama wrote:
<quoted text>Shows just how wrong you are. I don't subscribe to cable or satellite. I don't watch Fox News.
I do watch the government and know that entitlement programs don't return taxes to the government or create goods or services that sell on the open market for a profit. Sale of goods and services is what creates national wealth, creates jobs, and generates tax revenue for the government to operate.
Entitlement programs are government waste and most of the national debt is due to entitlement programs.
Now, obama has just committed to one trillion dollars of aid to developing countries. Money we don't have and won't have.
Really?

Like this one? or just Obama's?

****( http://commdocs.house.gov/committees/bank/hba... )****

****“In June, 2002, President Bush announced the blueprint for the American Dream Partnership to create 5.5 million new minority homeowners by the end of this decade.”****
Waterhead obama

United States

#9 Apr 25, 2009
JW n FL wrote:
<quoted text>
Really?
Like this one? or just Obama's?
“In June, 2002, President Bush announced the blueprint for the American Dream Partnership to create 5.5 million new minority homeowners by the end of this decade.”****
It was a mistake that built on Clinton's mistakes and those built on Jimmy Carter's mistakes.

obama added his idiocy in 1990 when he led the legal arguements to sue Citicorp for turning down a high risk loan.

“Cake or Death?”

Since: Dec 08

Palm Beach

#10 Apr 26, 2009
Waterhead obama wrote:
<quoted text>It was a mistake that built on Clinton's mistakes and those built on Jimmy Carter's mistakes.
obama added his idiocy in 1990 when he led the legal arguements to sue Citicorp for turning down a high risk loan.
Bush grew the 100% funding programs by 400%.

Bush debt spent to pay for the prograns and the programs 400% growth..

Clinton was on vacation.

****( http://www.hud.gov/offices/cir/test032404.cfm )****

****“The President's Budget projects that the additional $19 billion in mortgage commitments will generate revenue of about $184 million in the first year.”****

****( http://www.hud.gov/offices/cir/test032404.cfm )****

****“I would like to take this opportunity to thank Congressman Patrick Tiberi for introducing H.R. 3755, the Zero Down payment Act of 2004.”****

http://tiberi.house.gov/
Congressman Pat Tiberi (R-OH)
****( http://commdocs.house.gov/committees/bank/hba... )****
****“ Under this new program, FHA will insure 100 percent of the cost to acquire the home for first-time home buyers. We would allow them to finance the full purchase price, as well as all of the closing costs. Potential home buyers would not have to make the minimum down payment of 3 percent that is required in our regular Home Mortgage Insurance Program, Section 203(b).”****
****“In June, 2002, President Bush announced the blueprint for the American Dream Partnership to create 5.5 million new minority homeowners by the end of this decade.”****

Cosponsors [as of 2008-11-09]
Rep. Jeff Miller [R-FL]
Rep. Deborah Pryce [R-OH]
Rep. Peter King [R-NY]
Rep. Otter [R-ID]
Rep. Rick Renzi [R-AZ]
Rep. Randy Neugebauer [R-TX]
Rep. Candice Miller [R-MI]
Rep. Michael Oxley [R-OH]
Rep. Thaddeus McCotter [R-MI]
Rep. Jeb Bradley [R-NH]
Rep. Christopher Shays [R-CT]
Rep. Mark Green [R-WI]
Rep. Robert Ney [R-OH]
Rep. Addison Wilson [R-SC]
Rep. Tim Murphy [R-PA]
Rep. Spencer Bachus [R-AL]
Rep. John Sullivan [R-OK]
Rep. Sue Kelly [R-NY]
Rep. Melissa Hart [R-PA]
Rep. Jo Ann Emerson [R-MO]
Rep. Dennis Rehberg [R-MT]
Rep. Robin Hayes [R-NC]
Rep. Tom Feeney [R-FL]
Rep. Lee Terry [R-NE]
Rep. Michael Turner [R-OH]
Rep. Katherine Harris [R-FL]
Rep. Vito Fossella [R-NY]
Rep. George Nethercutt [R-WA]
Rep. Robert Simmons [R-CT]
Rep. Todd Platts [R-PA]
Rep. Frank Wolf [R-VA]
Rep. Donald Manzullo [R-IL]

Talk less read more.

“Just Another Retired Shepherd”

Since: Jul 08

Acworth

#11 Apr 26, 2009
When you see two idiots argue, you just sit back and laugh. Keep amusing us boys.

“Cake or Death?”

Since: Dec 08

Palm Beach

#12 Apr 26, 2009
Sgt 524 wrote:
When you see two idiots argue, you just sit back and laugh. Keep amusing us boys.
01/20/2009
6,307,310,739,681.66
4,319,566,309,231.42
10,626,877,048,913.08

Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
01/19/2001
Not Available
Not Available
5,727,776,738,304.64

http://www.treasurydirect.gov/NP/BPDLogin...
Waterhead obama

Phenix City, AL

#13 Apr 26, 2009
Sgt 524 wrote:
When you see two idiots argue, you just sit back and laugh. Keep amusing us boys.
It gives him something to do until he gets that ankle bracelet off and can leave the house again. Until then, he has no life. Does he actually believe that anyone reads his propaganda references?
mystery

United States

#17 Apr 29, 2009
Why is this particular thread repeatedly jumping back in time order?
TOPIX is broken again!
While obama sleeps

Powder Springs, GA

#18 May 4, 2009
Another Georgia bank failed last week. obama remains ineffective as a leader. The American economy is shrinking and obama doesn't know what to do about it.
America's foreign rivals are pumping huge amounts of money into their militaries to take advantage of obama's cowardice in foreign affairs.
Red China is building a fleet of nuclear aircraft carriers to challenge the U.S. Navy in the Pacific Ocean. They are also mass producing ballistic missiles that are capable of knocking out U.S. communications satellites and then homing in on American aircraft carriers which the U.S has no defense against.
North Korea is developing long range rockets of their own and Russia scored a victory when obama promised to delay America's satellite defense system while Russia grows it's military forces and modernizes across the board.

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