To: Alberta's Child
I know I've seen the asset versus deposit accounts, and that looked okay, but loans and investments have to be sold at a discount, or be taken out to maturity.
My problem is with this Treasury quote:
“For the banks that were put into receivership, the FDIC will use funds from the Deposit Insurance Fund to ensure that all of its depositors are made whole,” said a senior Treasury Department official…”
39 posted on
03/12/2023 8:25:32 PM PDT by
ConservativeMind
(Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
To: ConservativeMind
“Joint” private member banking.
Probable member policy collusion upcoming to pass on cost of doing business to customers/consumers
In essence a quasi-private monopoly.
If enough blowback customers leaving may have effect
But where?
44 posted on
03/12/2023 8:32:40 PM PDT by
Varsity Flight
( "War by🙏🙏 the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors. 10.5.6.5)
To: ConservativeMind
“For the banks that were put into receivership, the FDIC will use funds from the Deposit Insurance Fund to ensure that all of its depositors are made whole,” said a senior Treasury Department official…” That's TAXPAYER MONEY!!
The brazenness by which this Government and the "news media" lie to us every damn' day is breathtaking.
Even more so is the fact that people believe this crap.
51 posted on
03/12/2023 8:42:00 PM PDT by
usconservative
(When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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