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America's Vulnerable Electrical Grid & BofA Excessive Interest Rates!!!

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Uploaded by on May 9, 2011

My commentary on Fannie Mae asking the U.S. government Friday for an additional $8.5 billion after losing $8.7 billion in the first quarter, Greece being downgraded by S&P again, a Canadian woman being found after lost for seven weeks and the vulnerability of the U.S. electrical grid.

Wide Awake Radio Tuesday at 9pm ET May 10th
http://www.wideawakenews.com/chat-room.php

Fannie Mae seeks $8.5 billion more in federal aid
http://hosted.ap.org/dynamic/stories/U/US_EARNS_FANNIE_MAE?SITE=AP&SECTIO...

Canadian woman who vanished in March found in Nevada
http://www.cnn.com/2011/US/05/08/nevada.missing.couple/index.html?hpt=T2

S&P cuts Greece rating two notches
http://www.ft.com/cms/s/0/3997499c-7a47-11e0-bc74-00144feabdc0.html

Bank of America's New Credit Card Penalty Interest Rate Is Nearly 30%
http://www.dailyfinance.com/2011/04/27/bank-of-americas-new-credit-card-penal...

BofA to try letting customers OK overdrafts via text message
http://latimesblogs.latimes.com/money_co/2011/05/bofa-overdraft-text-message....

Electric grid still very vulnerable to electromagnetic weaponry
http://www.sciencenews.org/view/generic/id/45868/title/Science_%2B_the_Public...

Just how vulnerable is the electrical grid?
http://news.cnet.com/8301-1009_3-10216702-83.html

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  • North American geographic isolation from the rest of the world made the US a secure country. I think the US power grid network was constructed on that concept that no other country would ever attack the US. However in the modern era, EMP attacks, or even anti-satellite weapons can take out a large portion of the American electrical grid. So an upgrade would be a wise step.

  • Bank of America should be called BANK OF THE COMMUNIST

    I work for a city that has an account in Bank of America......so our city pay-check is written out by BOA, They want to CHARGE $ 5.00 for non BOA customers to cash their check, This is BS. PLUS....BOA has a "special" line you have to get in for non BOA customers...They wait on all their BOA customers and get to you last. HOW RUDE.

    BOA has turned into a bunch of cocky cocksucker ripoff artists. I WOULD NEVER OPEN AN ACCOUNT there.

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  • I could have just sworn you called for more electrical regulations.....say it aint so Demcad.

  • @JesusFingeredBabies Yeah, I am proud to stick it to them. I can't imagine why I actually sent them some money recently. Was I dumb!

  • @audiobz #1 use DC transmission, no transformers

    #2 use bloom-boxes so nat-gas is turned into electricity at source & transmitted using induction coils

    #3 use induction transmission towers, no wires

  • @DEMCAD google FARADAY CAGE regarding EMP shielding

  • credit cards: burn 'em

    silver: buy it

    30% : earn it don't lose it

  • @joshe808 no it's highly unlikely any EMP event comes from the sun ever, or from space since a gamma-ray burst if close enough will simply roast the entire Earth 100% death of all life. Our sun has never delivered a single EMP to the Earth. Solar flares are not EMP's.

  • That is DEFINITELY loan-sharking. It should be illegal then again stealing billions or trillions without any voter permission out of taxes is also illegal so ...

  • I still bank with BoA but I don't like the ridiculous fees. I went out of town for a day or two and accidently overdrafted my account. Each little charge I made had a $35 fee attached to it. So when I got back I was over $200 in debt. I didn't matter to them that I had the money in my savings that would have covered the charges I made, it still had to pay the fees. It was like robbery.

  • Why are you so worried of an EMP attack, its far more likely that an EMP event would come from space/sun but i rarely here you mention that.

  • No Electrical Grid No Gas, Better be prepared...

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