Dear State Representative James Mills:

First congratulations on retaining your chairmanship of the Banks and Banking Committee. We were predicting your fall from grace a bit early. Early or late, everyone has been following the banking and credit collapse which began slowly in 2007 and became a public crisis in 2008. As the Chairman of the Banks and Banking Committee, your leadership is expected. A leader must be more informed than the average left wing blogger.

So why are Georgia banks failing faster than banks in almost every other state?

As the Gainesville Times reports, two more banks have been shut down, one with 37 branches in Georgia. This one bank will cost taxpayers and depositorsĀ  over $354 million dollars.

Our taxpayers deserve an answer from you about why these banks are failing and why the failures cost so much.

That is, … if you know.