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To: TruthConquers
My guess, somewhere along the way, the answer will be NO, because they WILL run out of money.

When the FDIC exhausts its own funds, any other claims are put to the U.S. Government and become an obligation of the FedGov.

4 posted on 07/25/2008 7:53:53 PM PDT by rabscuttle385 ("When you can't make them see the light, make them feel the heat." Ronald Reagan)
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To: rabscuttle385

The govt would like you to believe that but in reality the obligation goes to the taxpayers.


7 posted on 07/25/2008 7:56:55 PM PDT by Orange1998
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To: rabscuttle385

That is the worry. The US dollar is going to be toast, who would want it?

Here is an interesting read, old but still relevant.

http://www.freerepublic.com/focus/news/2051250/posts?page=1


21 posted on 07/25/2008 8:44:08 PM PDT by TruthConquers (Delendae sunt publici scholae)
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