NEW YORK – (AP) One of the nation's largest banks — Washington Mutual Inc. — has collapsed under the weight of its enormous bad bets on the mortgage market. The Federal Deposit Insurance Corp. seized WaMu on Thursday, and then sold the thrift's banking assets to JPMorgan Chase & Co. for $1.9 billion. Seattle-based WaMu, which was founded in 1889, is the largest bank to fail by far in the country's history. Its $307 billion in assets eclipse the $32 billion of IndyMac, which the government seized in July. END
Let this house built on the sand by Bush, Cheney, Congress, and Fundamentalist Christians collapse and be washed away. These godless fools have needlessly murdered over a million people, allowed countless millions more to be slaughtered and die of starvation and neglect for a few extra barrels of oil.
While these Christians deserve to lose their jobs, homes, and savings, my neighbors and I do not want them and their children to go hungry. We are welcoming them into our neighborhood during the daylight hours where they can eat their fill at the little diners we are setting up behind our homes. This is a community made up of American Jews, Israelis and one redneck (that's me). As my next door neighbor put it, "We simply must help these Christians. After all, they have been supporting the State of Israel now for sixty years. This is the least we can do, and as usual, that exactly what we Jews do for Christians."
Bob Miller, Writer
Florence Alabama
First of all, nice graphic! What time is dinner served?
On a more serious note, when all this finanacial crap comes to a crashing end, I certainly hope that will be G.W.'s great legacy...a failure at everything and an idiot. Too bad the feds don't prosecute all these execs instead of letting them walk away from their failures with millions or billions. But then, since no one in Congress has had the balls to impeach George, how can we expect corporations to do any better?