no-doc, lo-doc, or Alternative A:
I spoke with Sheila Bair, who’s the head of the FDIC, last December. I asked her, “How many banks are going to fail?” She phumphered around and came up with the number seventy-six. Now we’re talking over 300 potentially. So this crisis is just beginning, and this is one of the problems here. We read the headlines as if everything has already happened, the worst has happened. It hasn’t yet. And that’s what we have to brace ourselves for.Danny Schechter/DemNow! 17.Jul.08
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Okay, well then there now, yeah. How does all this economic nightmare info mix with the rising drums of bomb bomb bomb Iran?
Will people who've been hammered and pounded by imploding housing and exploding fuel be more, or less, upset by an unprovoked attack on Iran?
Will they be more, or less, skeptical about the official
Same? I don't think so.