http://online.wsj.com/article/SB10001424052748704201404574590451333082762.html
FDIC Seizes Three Banks
Three more banks failed on Friday. This brings the total to 133. This year. So there is still time for a few more failures before the end of this year.
Barack Hussein Obama has previously told us he saved the economy with his stimulus and bail out plans.
So does this mean that three more bank failures on Friday are proof that the economy is still recovering?
I wouldn't worry. Since these banks were not too big to fail, they must be too small to care about. After all, everybody except Barack Hussein Obama (and his minions) knows that most of the jobs in this country were created by small business. So letting small banks that cater to small business fail must be good for the economy.
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