Youngest Congressman Sworn in Today

Aaron Schock, age 27, will be sworn into the House of Representatives from Illinois’ 18th District as the first Congressman born in the 1980s, reports Bill Plante. This young Republican has been involved in politics since he was nineteen, running for the school board as a write-in candidate and winning. Watch the video, he is an impressive fellow, his verve will inspire younger hopefuls to get involved in politics early on in life. Read more…

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Dick Cheney on the Power of the Vice President

Enjoy these two videos with Vice President Dick Cheney appearing on Face the Nation. The interviews here may be his last appearence on the talk show circuit as Vice President between now and the 20th.

The first video has Bob Schieffer speaking with Cheney about strategies utilized in Iraqi war. The second video covers his power as vice president, wartime torture methods and the U.S. prison at Guantanamo Bay, Cuba.

With Cheney it is all about the country and public service, there is no pandering or self aggrandizing. In contrast, it is going to be a long four years, listening to Joe Biden talk about how much he knows, how influential he is, and how much Obama will rely on his vast experience, if Obama likes it or not.

Maybe Biden will hold Hilarity Clinton’s hand when they travel the world sharing their unparalleled experience in world affairs with Iran and Venezuela. If nothing else it will be entertaining. Throw in Leon Panetta and there you have it, a three ring circus.

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Less than 3.5 percent of all US Banks Received TARP Funding

To be clear, there are 8,402 FDIC insured banks in the US. Out of that total, less than 300 banks have received TARP (Troubled Assets Relief Program) funding.

Put simply, in order to qualify for taxpayer assistance, banks that stole begged for taxpayer funds were engaged in writing bad paper and bundling those specious loans and selling them to unsuspecting buyers in the open market. Although, it may be that they were not so naive or unsuspecting and re-bundled and sold off the bad paper again and again.

Most of that bad paper was fragmented, it was divided and grouped into smaller packages, sold to various buyers, resulting in most of those loan originators not knowing who holds the note on about seven percent of the housing market. Ergo, the bailout was needed to cover exposed bad lending and bundling practices, it is that simple.

Keep in mind, although the congress created the loophole in the standard accounting practices in lending, 3.5 percent of the banking industry took a bite out of the apple knowing the system was wrong. They should have known better but the rush for personal wealth outweighed common sense. The problem was also exasperated when the CEO’s of the very banks seeking funds were appointed to positions of power within our government.

Well over 95 percent of the industry did not play the system.

The banking or mortgage crisis was perpetuated by less than 3.5 percent of all FDIC backed banks, enabled by those with legislative power and stakeholders running the Treasury. The rest of the 8,200 financial institutions, so far, that have engaged in conservative, well-heeled lending practices, are worthy of continued success.

To be clear on another point. There are thousands of branch managers and employees of these TARP banks that had no clue what underwriters were doing. They should abandon ship, they have a heads up. Ninety-nine percent of Enron’s employees were not aware of what was going on there and did not have a chance to leave intact. However, the fact remains, their continued association with these unscrupulous merchants, knowing they are part of a scam, does not draw any sympathy here.

A banking crisis does not exist, and pulling money out of TARP banks and placing your funds into solvent banks will not cause an economic crisis. The loses come for the few greedy bank merchants and a number of politicians that have bamboozled Americans into thinking you need to share in the pain.

Over 90 percent of Americans manage and pay there debts on time, they should feel no obligation to support those that do not or those that profit from the imbalance.

It is time to put 3.5 percent of the industry into failure, pull all your funds from TARP banks. There are plenty of lenders and institutions, that can be trusted to handle your money, that can pull up the slack.

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Washington in Crisis: Obama will need more buses…

…New Orleans Mayor Nagin allegedly offers leftover Katrina buses.

Another high profile political insider diagnosed with ‘Obama Bus Syndrome’ (OBS) has been claimed over the weekend.

Democratic Gov. Bill Richardson, the commerce secretary-designate, has voluntarily withdrawn his nomination as an investigation into allegations he exchanged state government contracts for campaign financing probe heats up.

Richardson voluntarily crawled under the bus, because of a federal grand jury query into whether he participated in the pay-to-play contributions, that will not finish its deliberations prior to the nomination process.

Barack Obama seemed to be shaken with the news and wondered whether the transition team could afford the bill for yet another bus, and requested Speaker Nancy Pelosi add an expanded bailout for New Orleans.

The Octagon Ref has learned that New Orleans Mayor Ray Nagin has offered to send hundreds of slightly waterlogged buses to Washington in time for the inauguration and nomination hearings.

Nagin was allegedly overheard saying, “Even though the buses did not run they could still be used to cover all the political casualties that were once associated with the President elect.”

There was no indication that the bus bailout could be considered a pay-to-play scheme.

A few OBS sufferers have volunteered to letter the roofs of the buses with names and dates of future sufferers. Chicago OBS victims, noted that the Hope and Change Motor Coach had run out of room for the ever expanding list.

Illinois Gov. Rod Blagojevich offered, a “f***ing five acre site in f***ing Grant Park, if he would be allowed to choose a F***ing Hybrid Bus and allow his F***ing wife to be in charge of maintaining the historic site.”  Unfortunately the media erased the tape that allegedly contained the Governor demanding, she “hold the f***ing title of Curator at a f***ing high six figure f***ing salary.”

The National Institutes of Health (NIH) has requested an increase in its budget to mitigate the highly contagious OBS disease, which they fear will claim 30,000,000 voters in the near future. NIH officials caution citizens, when symptoms of hope and change occur, OBS suffers can voluntarily quarantine themselves or change their political party posthaste, the only known cure.

Obama and his transition team have denied there has been any contact with any OBS people, that whomever they are, they are not the ones he once knew.

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When Joe Biden Finishes Rewriting the Constitution…

…he will reinvent and expand the middle class.

This Biden thing about expanding the middle class is a little old, but it needs to be repeated. It gives a glimpse into the out of control mindset of liberal leaders. It will not be long, hopefully, for Democratic followers to wake up and realize they have been relegated to working class enablers for the enrichment of liberal-socialist elitist leaders. I am not going to hold my breath though. Using terms like Democratic leaders or political leadership happens to be an oxymoron that I use reluctantly.

Every time a liberal politician talks about doing for the middle class, they really mean they will doing it to you. Think about it, really look at what you get or lose, look at who really benefits and understand who is paying for it. Your tax dollars are used to bring comfort and relief to political leadership and the wealthiest amongst us on the backs of the middle class.

How much are we going to sacrifice in our lives to enable those in control to maintain and expand their quality of life while the middle class is barely allowed to just get by. Taxes increase, fees double, pork projects continue and the middle class is ridiculed and shamed for not doing more. The answer is so politicians, Wall Street bankers, some lawyers, union leaders and more can maintain the lifestyle they have become accustomed with. Where is the sacrifice and the sharing of the pain? The fact is, based on income and spending ability, proportionately the middle class pay more in taxes than the so called wealthy. Add all of the fees, taxes, levies, and the disproportionate utility costs encumbered with government intervention, discretionary spending has limited the middle class to a support system for government largesse.

Over the next few decades there will be a push to move and consolidate the middle class into clustered housing environments, close to work to cut back driving and movement. The need for personal transportation will be curtailed and public transportation will flourish. The idea will be to conserve energy and consolidate government infrastructure projects into smaller geographical areas. The rhetoric from the left will be that we all must sacrifice and compromise to benefit society.

The trend has been in motion for decades but will accelerate under the Smart Growth social engineers favored by socialist liberals. Fundamentally, it will come down to a homeland security issue, to allow the people to be supervised and watched for their own good. Expanding the middle class is code for an expanded tax base to allow government to expand and isolate themselves from their constitutional responsibilities. Rural living will become a luxury enjoyed only by those that have survived and prospered under the new social order.

The underlying reason however will allow the elitists to maintain compounds or estates outside those consolidated urban enclaves to separate themselves from the working taxpayer class. A little Orwellian, maybe, but the writing is on the wall. Okay, tell me where I have gone overboard. Keep in mind that nepotism is becoming the leading criterion for holding office these days.

Somewhere along the way, Democrats have become lost in the rhetoric of their leadership and enamored by celebrity and have lost their ability to separate fact from fiction. Unfortunately, a few Republicans have followed suit and are slurping the Kool-Aid through the same straw.

As vice president, Joe Biden will oversee an Obama administration effort to find ways of building up the ranks of the middle class, that ambiguously defined segment of society most Americans identify with.

The task force will include four Cabinet members as well as other presidential advisers, the Obama transition team announced Sunday.

The goal is to recommend proposals to ensure the middle class is “no longer being left behind,” Biden said. The proposals could include executive orders and legislative plans.

“Our charge is to look at existing and future policies across the board and use a yard stick to measure how they are impacting the working and middle-class families,” Biden said in a statement released Sunday. “Is the number of these families growing? Are they prospering? President-elect Obama and I know the economic health of working families has eroded, and we intend to turn that around.”

Overseeing a task force has become tradition for vice presidents.

Dick Cheney led a task force on energy. Al Gore had the task of reinventing government. George H.W. Bush, while serving as Ronald Reagan’s vice president, oversaw a task force charged with reducing government regulation. While all of those efforts resulted in some accomplishments, it’s also clear that the issues they confronted were so large and systemic that many could and did question the progress they made.

Biden said the measure of economic success in an Obama administration would be whether the middle class was growing.

The transition team promised the task force’s work would be transparent, with annual reports on its findings and recommendations. Also, any submissions from outside groups are to be posted on the Internet. By comparison, Cheney, a former oil man, fought to keep the White House energy task force’s deliberations secret.

Task force members will include the secretaries of labor, health and human services, education, and commerce, as well as the directors of the National Economic Council, the Office of Management and Budget, the Domestic Policy Council and the head of the Council of Economic Advisers.

In an interview broadcast Sunday on ABC’s “This Week,” Biden took care to define his role as vice president as going beyond a particular task. He said that when he discussed the job with Barack Obama during the campaign, he told Obama he didn’t “want to be the guy that goes out and has a specific assignment.” Rather, he wanted to have a voice in every matter of importance.

“I said I want a commitment from you that in every important decision you’ll make, every critical decision, economic and political as well as foreign policy, I’ll get to be in the room,” Biden said.

He said that Obama agreed and has adhered to that commitment.

“Every single solitary appointment he has made thus far, I have been in the room,” said Biden, who was elected seven times to the Senate. “The recommendations I have made in most cases, coincidentally, have been the recommendations that he’s picked, not because I made them, but because we think a lot alike.”

Biden also covered topics from the auto bailout to his continued desire to close the Guantanamo prison holding terrorist suspects:

–The loan agreement for automakers will require sacrifices from all segments of the industry. While saying organized labor did not bring the carmakers to the brink of collapse, unions in particular are “going to have to make some additional sacrifices, and they know it and they understand it.”

–The economic aid plan being readied by the Obama team will focus on creating a strong energy grid, will pay for thousands of new jobs focusing on making buildings and homes more energy efficient and will help health care providers invest in electronic record keeping for patients. “The end result, though, the money we’re spending, we’re going to get back three- and four fold.”

–The military prison at Guantanamo Bay, Cuba, should close, and the U.S. reputation abroad has suffered as a result of the Bush administration’s policies on surveillance and detainees. “To quote from a previous national security report put out by the intelligence community, we have created, not dissuaded, more terrorists as a consequence of this policy,” Biden said.

–It’s up to the Justice Department to determine if charges should be filed against any member of the Bush administration for prisoner abuse that occurred at Abu Ghraib or Guantanamo. “President-elect Obama and I are not sitting thinking about the past,” he said.

Via: Fox News

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Found: 1937 Bugatti Type 57S Atalante; Sale: $8.8 Million

This find has inspired me to pull an old TR3A out of my barn and put it back into service. Albeit, in my wildest dreams it would never equal this treasure that turned up in a deserted garage in Europe by the children of the late Dr. Harold Carr.

This wonderful example of automotive history will be auctioned in France in February. So, sell off all that gold you have been hoarding and bring this beautiful beast here to the USA. Bring plenty of cash though, bidding may head into the $8-million range.

There were only 17 made, and France has a quarter of the original production run locked away in a museum in Mulhouse.

“Les bâtards égoïstes, ils amassent tout.”

When you get it back here, I will gladly pay to drive it around the block, twice.

Ex-Earl Howe Bugatti ‘Barn-Find’ To Headline Bonhams Retromobile Sale

One of the most important motor cars in the world emerges from its secret hideaway for the first time in 50 years.

The 1937 Bugatti Type 57S originally owned by Earl Howe, whose existence has only been known to a handful of people during the last 50 years will be sold at Bonhams’ Retromobile sale in Paris on 7 February 2009. This highly significant motor car is conservatively estimated to realise in excess of €3,000,000.

The Bugatti with Atalante coachwork retains all the attributes that will ensure its appeal to the world’s most discerning collectors. It has a spectacular provenance having been owned by Earl Howe, Lord Ridley, Harold Carr and others; it has a continuous and chronicled history; and it has exceptional originality retaining original chassis, engine, drivetrain and body. It even has what appears to be a remarkably low mileage with an odometer reading of just 26,284.

The car will be on view at Bonhams Collectors’ Car sale at Olympia on 30 November - 1 December 2008

James Knight, International Head of Bonhams’ motoring department said: “I have known of this Bugatti for a number of years and, like a select group of others, hadn’t dared divulge its whereabouts to anyone. It is absolutely one of the last great barn discoveries, and we at Bonhams are honoured to have been selected to handle its sale.”

Bugatti Type 57S, chassis no. 57502, was completed at the Bugatti works on 5 May, 1937 sporting two-seat Atalante coupe coachwork. It was ordered new by no less than the motor sport great - and the BRDC’s (British Racing Driver’s Club) first President - Earl Howe via UK Bugatti agents, Sorel of London. Howe had a long association with Ettore Bugatti and his machines, and developed a close friendship with Ettore and his son Jean, having raced their Grand Prix motor cars.

Earl Howe took delivery of 57502 on the 9 June 1937 and was to retain his Bugatti for over eight years. He added a personal touch by fitting his own bumpers, rear-view mirrors on the A-pillars and a luggage rack, which it still retains to this day. It was to become his personal companion, escorting him to Brooklands and other race meetings. The car would have seen relatively little use during the Second World War as Earl Howe served with the Royal Navy Volunteer Reserve.

After hostilities ceased, the T57S was sold via Continental Cars to a Mr J P Tingay in 1947. It was Tingay who effectively brought the car to ‘SC’ specification by fitting a Marshall K200 supercharger - as finding an original Bugatti blower proved nigh on impossible so soon after the War.

Mr M H Ferguson acquired the Bugatti from Tingay in 1950 and by 1954 it formed part of Lord Ridley’s collection. Dr Harold Carr then acquired it in 1955 from Lord Ridley. Dr Carr drove the car for the first few years but in the early 1960s it was parked in his garage where it remained for nearly 50 years, until Dr Carr’s death in 2007. The T57S is being sold on behalf of the family of Dr Carr, and will be offered with an extensive file of correspondence documenting its fascinating history.

James Knight said: “The Atalante is incredibly original and, although she requires restoration, it is “restoration” in the true sense of the word. From my perspective, save for some of the interior, all original parts can be restored or conserved in order to maintain originality. It offers a truly rewarding project to the new owner - who will join a select list of distinguished owners - to play such an integral part in bringing this wonderful motor car back to life. It has all the finest attributes any connoisseur collector could ever seek in one of the ultimate road-going sports cars from the golden era of the 1930s.”

Background: The Type 57S model:
Two years after the introduction of Bugatti’s 1930s masterpiece the Type 57, the model evolved into its definitive form as the ‘S’ or ‘competition model’. Increased performance and a lowered centre of gravity created by running the car’s rear axle through the chassis, produced not only an out-and-out sports car, but a ground-hugging chassis line, ideal for creating the most wind-cheating and aerodynamic bodywork designs yet seen.

Unquestionably the design for which the model is best known is the Atlantic coupe, in which form the model debuted at the Paris Salon in 1935 and it was further refined before production ‘S’s left the factory in September of the following year. By May 1937 when this chassis 57502 was delivered, the company could cite a string of international class speed records, and Grand Prix wins. These would be capped with a Le Mans win later that year.

Historians state six racing or prototypes were built before production of the 57S began in earnest, but even throughout its three year run a mere 17 Atalantes were constructed. The streamlined Atlantic was carefully honed into a svelte coupe with the derived named Atalante, and this proved to be the design of choice to grace these chassis. However even a designated name didn’t mean uniformity as each car was handcrafted and as attested to today, each had its own particular style and detail.

Background: Earl Howe
Francis Curzon, the fifth Earl Howe was synonymous with the best pre-war sports cars. A keen amateur racing driver who succeeded to the Peerage in 1929, he encouraged Dudley Benjafield to found the British Racing Driver’s Club and was elected its first President that same year. He retained this post until his death in 1964.

A close associate of the ‘Bentley Boys’ after the marque’s retirement from racing he continued their quest for success in endurance racing, partnering Sir Henry Birkin in an Alfa Romeo to win the 1931 Le Mans, arguably his greatest achievement.

As a successful competitor who could not afford to indulge his motor sport passion, he was surrounded by a wealth of friends and knowledgeable enthusiasts to guide him to the very finest and most suitable mount for a race, event or simply to enjoy the road with. That he owned a Type 57S says a lot, that he kept this very same car for 8 years, says even more…..

Background: Rarity
These fabulous cars are coveted as much now as they were when new. The passion for collecting the 57S has passed from the luminaries of the 1930s, such as Malcolm Campbell to the great collectors of the twenty-first century, with the most passionate - Ralph Lauren among them - possessing more than one, and very few ever parting with them.

The market supply is further diminished by the fact that a fifth of all production resides in the Musee Nationale de L’Automobile in Mulhouse, France including a quarter of all Atalantes built.

Even within this thin air, chassis 57502 has characteristics which may well make it the most interesting of all the 57S cars, for as it stands today it combines an impeccable provenance with that most prized quality of total originality, having been virtually untouched and unused since the early 1960s.

[Source: UK Telegraph; Bonhams] via: Instapundit and Autoblog

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May You have a Happy Liberally Adjusted New Year

Nonetheless, with a liberal majority, my enthusiasm is tempered. I’m sure they are happy, the rest of us will just have to muddle through and protect assets. Even though, let us hope they don’t screw things up anymore than they already have, do, did, are inclined to do. May the God of your choice, or not, save us all.

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Rt. 15 Closed in both Directions in Frederick

Both directions of Rt. 15 at S. Jefferson Street in Frederick are currently closed to all traffic. The extreme wind conditions have created unsafe conditions involving multiple broken power poles. Allegheny Power is on scene with officers from the City Police, MSP and the Sheriff’s Office. It is believed at this time that power will be cut in the area, it is unknown at this time what areas will be effected by the outage.

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Time to Remove Funds From These TARP Banks

In every State and in almost every county or city in the US there are banks, owned and operated by Americans that have not used taxpayer, TARP (Troubled Asset Relief Program) bailout money. Credit Unions and State banks are geared towards the customer and treat each with respect and dignity. They do not take your business for granted. They are worthy of your business and can assist in protecting hard earned assets. State Banks and smaller thrift banks also take on mortgages at competitive rates and allow economies to thrive within the community.

Not that we are calling for a boycott, they never really work. However, every payroll depositor, every savings account or investor should remove their funds from the banks that received taxpayer funding–that have made bad investment and lending choices–and shift funds into local credit unions or locally owned institutions. The large institutions do not work on the behalf of smaller depositors, they live in splendor on the backs of taxpayers. Most are not even American owned as they are mostly propped with foreign investors. The Chinese and Saudis have large ownership interests in a vast array of financial institutions in this country.

There are smaller institutions in your neighborhoods, that have remained strong without TARP, with conservative portfolios and solid foundations, which offer the same services and convenience that the large banks have. It is also very easy to shift your funds and automated deposits.

The American people have the ability to send a clear message to Wall Street and stop using the fee heavy institutions that could care less about you as an individual. They steal, lie and cheat, they should be put out of business. It is a lesson that depositors can teach the thieves that take all of us for granted. Remove your deposits, savings and investments and find a local bank that thrives on its customers personally, where they call you by name and answer the phone with a live voice.

The following list courtesy ProPublica, identifies the thieves of your tax money. They do not deserve your hard earned money. Beside that, their fees are usury anyway. A global economy is one thing in a free market, but it means nothing when the global economy is supported by American taxpayer monies.

Bank Name Date
Accepted
Background

Bailout Amount

(in Millions)

Citigroup 10/14/08 Profile $45,000
AIG 11/10/08 Press Release $40,000
Bank of America (incl. Merrill Lynch) 10/14/08 Profile $25,000
Wells Fargo 10/14/08 Press Release $25,000
JPMorgan Chase 10/14/08 Profile $25,000
General Motors 12/19/2008 Press Release $14,400
Goldman Sachs 10/14/08 Profile $10,000
Morgan Stanley 10/14/08 Press Release $10,000
PNC Financial Services 10/24/08 Profile $7,700
U.S. Bancorp 11/03/08 Profile $6,599
GMAC 12/29/2008 Press Release $5,000
SunTrust 10/27/08 Profile $4,900
Chrysler 12/19/2008 Press Release $4,000
Capital One Financial Corp. 10/27/08 Profile $3,555.2
Regions Financial Corp. 10/24/08 Press Release $3,500
Fifth Third Bancorp 10/27/08 Profile $3,450
American Express 12/23/2008 Press Release $3,390
BB&T 10/27/08 Profile $3,133.6
Bank of New York Mellon 10/14/08 Profile $3,000
KeyCorp 10/27/08 Profile $2,500
CIT Group 12/23/2008 Press Release $2,330
Comerica Incorporated 10/27/08 Press Release $2,250
State Street 10/14/08 Press Release $2,000
Marshall & Ilsley 10/28/08 Press Release $1,715
Northern Trust 10/27/08 Press Release $1,576
Zions Bancorp 10/28/08 Profile $1,400
Huntington Bancshares 10/27/08 Press Release $1,398.1
Synovus Financial Corp. 11/14/08 Profile $967.9
Popular, Inc. 11/18/08 Press Release $935
First Horizon National 10/24/08 Profile $866
M&T Bank Corporation 11/20/08 Press Release $600
Colonial BancGroup, Inc. 12/02/08 Press Release $550
Associated Banc-Corp 11/06/08 Profile $525
First BanCorp 12/23/2008 Press Release $400
City National 10/27/08 Profile $400
Webster Financial 11/07/08 Profile $400
Fulton Financial Corp 12/10/08 Press Release $376.5
Astoria Financial Corp 12/10/08 Press Release $375
TCF Financial 11/03/08 Profile $361.2
South Financial Group 11/14/08 Press Release $347
Valley National 10/24/08 Profile $330
Wilmington Trust Corporation 11/14/08 Profile $330
East West Bancorp, Inc. 11/14/08 Press Release $306.5
Sterling Financial Corp 11/24/08 Press Release $303
Citizens Republic Bancorp 11/14/08 Profile $300
Susquehanna Bancshares 11/19/08 Press Release $300
Whitney Holding Corp 11/26/08 Profile $300
UCBH Holdings 10/27/08 Profile $298.7
Cathay General Bancorp 11/18/08 Profile $258
Wintrust Financial Corp 11/26/08 Profile $250
FirstMerit Corp 11/13/08 Press Release $248
SVB Financial Group 12/03/08 Press Release $235
International Bancshares Corporation 11/20/08 Press Release $216
Trustmark Corp 11/06/08 Profile $215
Umpqua 10/28/08 Profile $214.2
Washington Federal Inc. 10/27/08 Press Release $200
United Bankshares 12/03/08 Press Release $197
MB Financial 11/07/08 Press Release $196
First Midwest Bancorp 11/10/08 Profile $193
First Niagara 10/27/08 Profile $184
Pacific Capital Bancorp 11/06/08 Profile $180.6
United Community Banks 11/18/08 Press Release $180
Boston Private Financial Holdings 11/19/08 Profile $154
Provident Bankshares Corp. 10/27/08 Press Release $151
National Penn Bancshares 11/26/08 Press Release $150
Western Alliance Bancorporation 11/13/08 Profile $140
Central Pacific Financial Corp 12/09/08 Press Release $135
CVB Finanical 11/19/08 Profile $130
Sterling Bancshares 12/02/08 Press Release $125
Banner Corp 11/04/08 Profile $124
Signature Bank 11/13/08 Profile $120
1st Source Corp 12/08/08 Press Release $111
S&T Bancorp 12/23/2008 Press Release $109
Taylor Capital 11/12/08 Press Release $104.8
Old National Bancorp 10/27/08 Profile $100
Park National Corporation 12/02/08 Press Release $100
Pinnacle Financial 11/25/08 Press Release $95
IBERIABANK Corp 11/18/08 Profile $90
Plains Capital Corp 12/23/2008 Press Release $87.6
Midwest Banc Holdings 11/07/08 Profile $84.8
Sandy Spring Bancorp 11/20/08 Press Release $83
Heartland Financial USA 12/10/08 Press Release $81.7
First Financial Bancorp 10/31/08 Press Release $80
Independent Bank Corp 12/08/08 Press Release $78
Dime Community Bancshares 12/05/08 Profile $77.3
Columbia Banking System 11/04/08 Profile $76.9
TowneBank 11/26/08 Profile $76.5
Bank of the Ozarks 12/02/08 Profile $75
WesBanco 11/06/08 Profile $75
Green Bankshares 11/25/08 Press Release $72.3
Independent Bank Corporation 11/24/08 Press Release $72
Virginia Commerce Bancorp 11/26/08 Press Release $71
Southwest Bancorp 11/20/08 Press Release $70
Flushing Financial Corp 12/03/08 Press Release $70
Superior Bancorp 11/18/08 Press Release $69
Community Trust Bancorp 12/15/08 Press Release $68
Nara Bancorp 11/14/08 Profile $67
First Financial Holdings 12/01/08 Press Release $65
First Bancorp 12/15/08 Press Release $65
SCBT Financial Corp 12/19/2008 Press Release $64.8
CoBiz Financial 12/15/08 Press Release $64.4
Wilshire Bancorp 11/20/08 Profile $62.2
Union Bankshares 12/15/08 Press Release $59
Lakeland Bancorp 12/16/08 Press Release $59
Great Southern Bancorp 11/17/08 Profile $58
Gateway Financial Holdings 12/05/08 Press Release $58
MainSource Financial Group 12/17/08 Press Release $57
Center Financial Corp 11/24/08 Press Release $55
NewBridge Bancorp 11/25/08 Press Release $52.4
Ameris Bancorp 11/21/08 Profile $52
Seacoast Banking Corp 12/10/08 Press Release $50
BancTrust Financial Group 12/15/08 Press Release $50
Home BancShares, Inc. 11/21/08 Press Release $50
Fidelity Southern Corp 11/24/08 Press Release $48.2
The Bancorp 11/25/08 Press Release $45.2
MetroCorp Bancshares 12/15/08 Press Release $45
Cadence Financial Corp 12/11/08 Press Release $44
Exchange Bank 12/23/2008 Press Release $43
S.Y. Bancorp 12/23/2008 Press Release $43
Southern Community Financial 11/18/08 Press Release $42.8
Sterling Bancorp 12/09/08 Press Release $42
First Community Bancshares 10/30/08 Press Release $41.5
Capital Bank 11/17/08 Press Release $41.3
Cardinal Financial Corp 12/12/08 Press Release $41.2
First M&F Corp 12/16/08 Press Release $40
Heritage Commerce Corp 11/05/08 Profile $40
Simmons First National 10/30/08 Profile $40
Berkshire Hills Bancorp 12/23/2008 Press Release $40
Peoples Bancorp 11/13/08 Profile $39
Cascade Financial Corp 11/03/08 Profile $39
Eagle Bancorp 11/21/08 Press Release $38.2
Bridgeview Bancorp 12/23/2008 Press Release $38
Smithtown Bancorp 12/23/2008 Press Release $37.8
Financial Institutions 12/05/08 Press Release $37.5
TIB Financial Corp 12/01/08 Press Release $37
First Defiance Financial Corp 11/24/08 Press Release $37
State Bancorp 11/25/08 Press Release $36.8
Fidelity Financial Corp 12/23/2008 Press Release $36.3
West Bancorporation 12/08/08 Press Release $36
Marquette National Corp 12/23/2008 Press Release $35.5
Enterprise Financial Services Corp 12/12/08 Press Release $35
Porter Bancorp 11/12/08 Profile $35
MidWestOne Financial Group 12/15/08 Press Release $34.9
Encore Bancshares 11/13/08 Profile $34
Centrue Financial 12/16/08 Press Release $32.7
Pulaski Financial Corp 12/22/2008 Press Release $32.5
MutualFirst Financial 12/05/08 Press Release $32.4
Parkvale Financial Corp 12/23/2008 Press Release $31.8
BNC Bancorp 12/08/08 Profile $31.3
Bank of North Carolina 12/09/08 Press Release $31.3
Hawthorn Bancshares 12/19/2008 Press Release $30.3
Tennessee Commerce Bancorp 11/25/08 Profile $30
Bancorp Rhode Island 12/19/2008 Press Release $30
Farmers Capital Bank Corp 12/15/08 Press Release $30
Century Bancorp 12/18/2008 Press Release $30
Royal Bancshares of Pennsylvania 12/23/2008 Press Release $30
StellarOne Corp 12/03/08 Press Release $30
Peapack-Gladstone Financial 11/20/08 Press Release $28.7
Colony Bankcorp 12/19/2008 Press Release $28
Bank of Marin Bancorp 12/02/08 Profile $28
CenterState Banks of Florida, Inc. 11/24/08 Press Release $27.9
Intermountain Community Bancorp 11/07/08 Profile $27
Alliance Financial Corp 12/09/08 Press Release $26.9
Washington Banking Company 12/01/08 Press Release $26.4
Patriot Bancshares 12/23/2008 Press Release $26
HMN Financial 12/23/2008 Press Release $26
LNB Bancorp 11/20/08 Press Release $25.2
Peoples Bancorp of North Carolina 12/09/08 Press Release $25.1
Intervest Bancshares 12/12/08 Press Release $25
Shore Bancshares 12/18/08 Press Release $25
The First Bancorp 12/04/08 Press Release $25
HF Financial Corp 10/27/08 Press Release $25
VIST Financial Corp 11/24/08 Press Release $25
Horizon Bancorp 11/26/08 Press Release $25
First California Financial Group 12/02/08 Press Release $25
Crescent Financial Corp 12/08/08 Press Release $24.9
Heritage Financial 11/04/08 Press Release $24
Eastern Virginia Bankshares 12/08/08 Press Release $24
Bridge Capital Holdings 11/25/08 Press Release $23.9
Severn Bancorp 11/18/08 Profile $23.4
First Citizens Banc Corp 12/19/2008 Press Release $23.2
Hampton Roads Bankshares 12/05/08 Press Release $22.3
Wainwright Bank & Trust 11/20/08 Press Release $22
Blue Valley Ban Corp 12/09/08 Profile $21.8
Indiana Community Bancorp 11/20/08 Press Release $21.5
AmeriServ Financial 12/22/2008 Press Release $21
Unity Bancorp 11/24/08 Press Release $20.6
Citizens South Banking Corp 12/01/08 Profile $20.5
MidSouth Bancorp 12/15/08 Press Release $20
First Financial Service Corp 12/19/2008 Press Release $20
C&F Financial Corp 12/12/08 Press Release $20
First PacTrust Bancorp, Inc. 11/12/08 Profile $19.3
Bar Harbor Bankshares 12/17/08 Press Release $18.8
HopFed Bancorp 11/20/08 Press Release $18.4
Security Federal Corp 12/12/08 Press Release $18
Community Bankers Trust Corp 12/19/2008 Press Release $17.7
Bank of Commerce 11/13/08 Profile $17
Timberland Bancorp 12/17/08 Press Release $16.6
1st Financial Services 11/14/08 Profile $16.3
Pacific City Financial Corp 12/23/2008 Press Release $16.2
Valley Financial Corp 11/26/08 Press Release $16
Carolina Bank Holdings 12/19/2008 Press Release $16
Community West Bancshares 11/14/08 Press Release $15.6
Tri-County Financial Corp 12/23/2008 Press Release $15.5
LSB Corp 12/08/08 Press Release $15
Nicolet Bankshares 12/29/2008 Press Release $15
Monarch Financial Holdings 12/04/08 Press Release $14.7
Tidelands Bancshares 12/19/2008 Press Release $14.4
Magna Bank 12/29/2008 Press Release $13.8
Oak Valley Bancorp 12/03/08 Press Release $13.5
Community Financial Corp 12/19/2008 Press Release $12.6
OneUnited Bank 12/23/2008 Press Release $12.1
Wilber Corp 12/09/08 Press Release $12
1st Constitution Bancorp 12/23/2008 Press Release $12
Pacific Coast Bankers’ Bancshares 12/29/2008 Press Release $11.6
Cecil Bancorp 12/23/2008 Press Release $11.6
First Community Corp 11/25/08 Press Release $11.4
Central Jersey Bancorp 12/29/2008 Press Release $11.3
BCSB Bancorp 12/15/08 Press Release $10.8
First Community Bank Corp of America 12/29/2008 Press Release $10.7
Citizens Bancorp 12/29/2008 Press Release $10.4
United Bancorp of Alabama 12/29/2008 Press Release $10.3
North Central Bancshares 12/19/2008 Press Release $10.2
NCAL Bancorp 12/11/08 Press Release $10
Central Bancorp 12/05/08 Press Release $10
First Litchfield Financial Corp 12/12/08 Press Release $10
Center Bancorp 12/09/08 Press Release $10
Mid Penn Bancorp 11/26/08 Press Release $10
Uwharrie Capital Corp 12/29/2008 Press Release $10
Sussex Bancorp 12/23/2008 Press Release $10
Coastal Banking Company 12/05/08 Press Release $10
Southern Missouri Bancorp 12/09/08 Press Release $9.5
FCB Bancorp 12/23/2008 Press Release $9.3
Elmira Savings Bank 12/09/08 Press Release $9.1
Broadway Financial Corporation 11/14/08 Profile $9
Citizens First Corp 12/10/08 Press Release $8.8
Summit State Bank 12/19/2008 Press Release $8.5
Annapolis Bancorp 12/19/2008 Press Release $8.2
Commonwealth Business Bank 12/11/08 Press Release $7.7
Emclaire Financial Corp 12/23/2008 Press Release $7.5
The Little Bank 12/30/2008 Press Release $7.5
First Sound Bank 12/29/2008 Press Release $7.4
Western Community Bancshares 12/29/2008 Press Release $7.3
FFW Corp 10/29/08 Press Release $7.3
Central Federal Corp 11/24/08 Press Release $7.2
Fidelity Bancorp 12/04/08 Press Release $7
Old Line Bancshares 12/05/08 Press Release $7
CNB Financial Corp 12/12/08 Press Release $7
Idaho Bancorp 12/22/2008 Press Release $6.9
Western Illinois Bancshares 12/29/2008 Press Release $6.9
Security California Bancorp 12/02/08 Press Release $6.8
Pacific International Bancorp 12/12/08 Press Release $6.5
Patapsco Bancorp 12/11/08 Press Release $6
ICB Financial 12/22/2008 Press Release $6
American River Bankshares 11/24/08 Profile $6
Beach Business Bank 12/29/2008 Press Release $6
Leader Bancorp 12/29/2008 Press Release $5.8
FPB Bancorp 12/05/08 Press Release $5.8
Mission Valley Bancorp 12/29/2008 Press Release $5.5
The Connecticut Bank and Trust Company 12/03/08 Press Release $5.5
Connecticut Bank and Trust Company 12/03/08 Press Release $5.4
Commerce National Bank 12/03/08 Profile $5
Cache Valley Banking Company 12/29/2008 Press Release $4.8
Capital Bancorp 12/29/2008 Press Release $4.7
Northeast Bancorp 12/12/08 Press Release $4.2
Pacific Coast National Bancorp 12/16/08 Press Release $4.1
Pacific Commerce Bank 12/10/08 Press Release $4.1
Capital Pacific Bancorp 11/06/08 Press Release $4
Santa Lucia Bancorp 12/19/2008 Press Release $4
First Bankshares 12/12/08 Press Release $3.5
TriStone Community Bank 12/17/2008 Press Release $3.5
California Oaks State Bank 12/19/2008 Press Release $3.3
Tennessee Valley Financial Holdings 12/29/2008 Press Release $3
Citizens Community Bank 12/29/2008 Press Release $3
Community Investors Bancorp 12/29/2008 Press Release $2.6
Community 1st Bank 12/12/08 Press Release $2.6
TCNB Financial Corp 12/29/2008 Press Release $2
Monadnock Bancorp 12/23/2008 Press Release $1.8
Seacoast Commerce Bank 12/01/08 Press Release $1.8
Manhattan Bancorp 12/09/08 Press Release $1.7
Saigon National 10/27/08 Press Release $1.5
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Time to remove your funds from these TARP Banks

In every State and in almost every county or city in the US there are banks, owned and operated by Americans that have not used taxpayer, TARP (Troubled Asset Relief Program) bailout money. Credit Unions and State banks are geared towards the customer and treat each with respect and dignity. They do not take your business for granted. They are worthy of your business and can assist in protecting hard earned assets. State Banks and smaller thrift banks also take on mortgages at competitive rates and allow economies to thrive within the community.

Not that we are calling for a boycott, they never really work. However, every payroll depositor, every savings account or investor should remove their funds from the banks that received taxpayer funding–that have made bad investment and lending choices–and shift funds into local credit unions or locally owned institutions. The large institutions do not work on the behalf of smaller depositors, they live in splendor on the backs of taxpayers. Most are not even American owned as they are mostly propped with foreign investors. The Chinese and Saudis have large ownership interests in a vast array of financial institutions in this country.

There are smaller institutions in your neighborhoods, that have remained strong without TARP, with conservative portfolios and solid foundations, which offer the same services and convenience that the large banks have. It is also very easy to shift your funds and automated deposits.

The American people have the ability to send a clear message to Wall Street and stop using the fee heavy institutions that could care less about you as an individual. They steal, lie and cheat, they should be put out of business. It is a lesson that depositors can teach the thieves that take all of us for granted. Remove your deposits, savings and investments and find a local bank that thrives on its customers personally, where they call you by name and answer the phone with a live voice.

The following list courtesy ProPublica, identifies the thieves of your tax money. They do not deserve your hard earned money. Beside that, their fees are usury anyway. A global economy is one thing in a free market, but it means nothing when the global economy is supported by American taxpayer monies.

Bank Name Date
Accepted
Background

Bailout Amount

(in Millions)

Citigroup 10/14/08 Profile $45,000
AIG 11/10/08 Press Release $40,000
Bank of America (incl. Merrill Lynch) 10/14/08 Profile $25,000
Wells Fargo 10/14/08 Press Release $25,000
JPMorgan Chase 10/14/08 Profile $25,000
General Motors 12/19/2008 Press Release $14,400
Goldman Sachs 10/14/08 Profile $10,000
Morgan Stanley 10/14/08 Press Release $10,000
PNC Financial Services 10/24/08 Profile $7,700
U.S. Bancorp 11/03/08 Profile $6,599
GMAC 12/29/2008 Press Release $5,000
SunTrust 10/27/08 Profile $4,900
Chrysler 12/19/2008 Press Release $4,000
Capital One Financial Corp. 10/27/08 Profile $3,555.2
Regions Financial Corp. 10/24/08 Press Release $3,500
Fifth Third Bancorp 10/27/08 Profile $3,450
American Express 12/23/2008 Press Release $3,390
BB&T 10/27/08 Profile $3,133.6
Bank of New York Mellon 10/14/08 Profile $3,000
KeyCorp 10/27/08 Profile $2,500
CIT Group 12/23/2008 Press Release $2,330
Comerica Incorporated 10/27/08 Press Release $2,250
State Street 10/14/08 Press Release $2,000
Marshall & Ilsley 10/28/08