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“While the US is focused on its own domestic dramas, Europe as the Economist (UK) puts it, ‘is bleeding out.’ Silently, exsanguinating below the fold, but bleeding all the same.”



 
 
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  #11  
Old May 4th, 2013, 03:56 AM posted to alt.horror,alt.politics.socialism,alt.politics.economics,soc.retirement,rec.travel.europe
Old Pif
external usenet poster
 
Posts: 19
Default “While the US is focused on its own domestic dramas, Europe as the Economist (UK) puts it, ‘is bleeding out.’ Silently, exsanguinating below the fold, but bleeding all the same.”

On May 3, 8:28*pm, jim wrote:


No that is incorrect.


What is incorrect? Those are the direct quotes from the text of the
law.
  #12  
Old May 4th, 2013, 02:14 PM posted to alt.horror,alt.politics.socialism,alt.politics.economics,soc.retirement,rec.travel.europe
Old Pif
external usenet poster
 
Posts: 19
Default “While the US is focused on its own domestic dramas, Europe as the Economist (UK) puts it, ‘is bleeding out.’ Silently, exsanguinating below the fold, but bleeding all the same.”

On May 4, 8:26Â*am, jim wrote:


You snipped what is incorrect.
These are your words - they are not in the law:


Those are not my words those are the words from Wikipedia article on
the subject that ПеаБраин has posted as a proof that the last housing
crisis has been caused by the law we are discussing. What I am trying
to do is to find something, ANYTHING within either a letter or spirit
of this law that might cause this calamity.

I don't how what is below might contribute to that.

Expressly the law states:

(1) Â*regulated financial institutions are required by law to demonstrate
that their deposit facilities serve the convenience and needs of the
communities in which they are chartered to do business;

(2) Â*the convenience and needs of communities include the need for
credit services as well as deposit services; and

(3) Â*regulated financial institutions have continuing and affirmative
obligation to help meet the credit needs of the local communities in
which they are chartered.


  #13  
Old May 4th, 2013, 02:43 PM posted to alt.horror,alt.politics.socialism,alt.politics.economics,soc.retirement,rec.travel.europe
Old Pif
external usenet poster
 
Posts: 19
Default “While the US is focused on its own domestic dramas, Europe as the Economist (UK) puts it, ‘is bleeding out.’ Silently, exsanguinating below the fold, but bleeding all the same.”

On May 4, 4:30Â*am, ПеаБраин wrote:


For objectivity free of political agenda on this fiasco one has to
look north of the American
border:

http://www.theglobeandmail.com/servl...27.COWENT27/TP...


When I clicked on your link that is what comes back:

Whatever it is you were looking for has been moved or never existed!

Like most of you references ...
 




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