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Thursday, August 27, 2009

By The Numbers: 81

Today's number is 81.

That's the number of U.S. banks that have failed since Barack Obama became president, according to the Federal Insurance Deposit Corp.

By comparison, just 26 banks failed in all of 2008 when Republican George W. Bush was president. In 2007, just 3 U.S. banks failed.

Industry analysts predict that another 150 to 200 banks will fail. Keep that in mind next time the Obama media tells you the recession is over.

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