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	<title>Comments on: DON&#8217;T BANK ON THE BANKS</title>
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		<title>By: AWF</title>
		<link>http://pragcap.com/dont-bank-on-the-banks/comment-page-1#comment-9431</link>
		<dc:creator>AWF</dc:creator>
		<pubDate>Mon, 30 Nov 2009 15:52:06 +0000</pubDate>
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		<description>Very Good -- TPC

Surprising --No comments

I have been posting about the &quot;Bankrupt&quot; US banking system- for months

You have posted notes from DR, Comstock, on this same subject!

Needless to say the Brits have the most exposure to Dubai--an extension is just another name for Default.

Imagine a consumer asking a Bank for a 6 month extension on a Car or Home loan.

&quot;Goodbye Car&quot; &quot;Goodbye House&quot; 

Whats the &quot;Moral of this Story&quot;

&quot;If the Banks don&#039;t lend the Economy can&#039;t mend&quot;

So we are preaching to the choir

Regulations--What regulations?</description>
		<content:encoded><![CDATA[<p>Very Good &#8212; TPC</p>
<p>Surprising &#8211;No comments</p>
<p>I have been posting about the &#8220;Bankrupt&#8221; US banking system- for months</p>
<p>You have posted notes from DR, Comstock, on this same subject!</p>
<p>Needless to say the Brits have the most exposure to Dubai&#8211;an extension is just another name for Default.</p>
<p>Imagine a consumer asking a Bank for a 6 month extension on a Car or Home loan.</p>
<p>&#8220;Goodbye Car&#8221; &#8220;Goodbye House&#8221; </p>
<p>Whats the &#8220;Moral of this Story&#8221;</p>
<p>&#8220;If the Banks don&#8217;t lend the Economy can&#8217;t mend&#8221;</p>
<p>So we are preaching to the choir</p>
<p>Regulations&#8211;What regulations?</p>
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