FDIC's Bair warns on bank deposit insurance fund

Houston Chronicle ^

[PatriotGirl827]

Ok - so then you will go to your local bank and withdraw cash. I understand now (it’s been a long day).

[redgolum]

End game

[LomanBill]

>>This much stupidity doesn’t happen by accident.

 

Observe this photo of the Ameriquest Sub-Prime Rainbow Blimp - hung with PRIDE in the Ameriquest Corp. HQ office:

 

Proud Predators of the American Dream

 

 

 

Got Moral Relativism?

[vis a vis]

Are most registered or unregistered? Do you declare interest to Uncle? Can you point me to a reliable website to read up on this so I can quit bugging you :=}.. Thanks again for the information

[TADSLOS]

One more link in the chain giving way.

[Candor7]

http://www.investopedia.com/articles/bonds/08/bearer-bond.asp You pay US taxes on the interest if you are in the USA for 6 months plus a day in any tax year.

[Kimberly GG]

Tin foil hat secured....add me to that ping list ;0)

[Candor7]

http://www.tdcommercialbanking.com/foreignx/solutions/rtrn_profiles.jsp

[reader25]

Looks like I will get some Lima beans while the cash is still worth something. Have 180 acres so I will invest in some pork as well.

[dennisw]

pin ping ping

[divine_moment_of_facts]

Well isn't that just great..

So much for all of those decades of being told there were "safe guards" in place against anything like this happening.

And, Thank God the Dem's are in charge!

The home safe sales will be robust!

[freebird5850]

“Cash will be king”....look at Zimbabwe...they had so many zeros on their currency notes, they just had to reprint it with a Z (Zillion) in front of the note value AND they printed an expiration date on it! Paper is just a promise backed by gold which we are short of.

[PatriotGirl827]

Could you explain that in simpler terms for those of us who need to be educated? Thanks in advance.

[Eric Blair 2084]

I have Bad news, good news and bad news:

Bad news: This is the worst kept secret since the Bay of Pigs invasion. It’s always been known that the FDIC doesn’t have enough in reserves to cover a catastrophic string of bank failures.

Good news: The printing press in Washington DC will cover for them and bail them out.

No need to rush to the bank to redeem your money.

Bad news: You might need a wheel barrow to carry your dollar bills to buy a loaf of bread.

[4Liberty]

[WVKayaker]

...Have 180 acres...

How much is farmed? Barter will be the new standard, and time (work effort) will be traded for goods, not cash. Cash will be going the way of Zimbabwe...

[DoughtyOne]

The Democrats must think that by destroying our nation, they can gain control in perpetuity. That is insurrection to my way of thinking.

[DoughtyOne]

Thanks Kimberly.

[PAR35]

There you go, trying to spoil a good frenzy by injecting some facts.

Next thing you know, someone will want to replace the headline here: “FDIC warns of insolvency”

with the one actually found at the link: “FDIC’s Bair warns on bank deposit insurance fund”

[DoughtyOne]

Has there been a time in our history since the revolution and declaration of independence, where good citizens have been more pissed off at our leaders? I doubt it.