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Banks will commence taking over mortgage defaults until they own many properties, helping to add to depression. There will be plenty of money in the banks, but none to lend out.

John Jordan's List #39

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Arnoldbucks: IOUs for Californians PDF Print E-mail
Monday, 13 July 2009 08:30

I guess we shouldn't be surprised about any of this I.O.U. mess going on in California.  I wonder if Bishop Koyle was ever given a glimpse of these "Arnold Bucks"?

Got gold? 

 

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