Another Record!… Bank Failures Skyrocket During Obama’s Watch

Another record!

Bob McCarty discovered this little tidbit missed by the mainstream media. Bank failures skyrocketed during Obama’s watch.

484 banks have failed since 2000.
58 of the bank failures occured before January 2009.
428 occured during Barack Obama’s administration.
92 banks went under in 2011. 157 banks failed in 2010 and 140 banks failed in 2009. This is the highest number since the early 90’s.

For some reason the media has ignored this devastating news.
Weird, huh?

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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Thanks for sharing!