To: Kartographer; GOPJ
I’m pretty sure the FDIC has some agreement with the Fed or Treasury that it will be bailed out if it runs out of money.
6 posted on
08/14/2009 9:55:00 AM PDT by
djsherin
(Government is essentially the negation of liberty.)
To: djsherin
..& I’m pretty sure that is already happening...
8 posted on
08/14/2009 9:58:49 AM PDT by
norraad
("What light!">Blues Brothers)
To: djsherin
Im pretty sure the FDIC has some agreement with the Fed or Treasury that it will be bailed out if it runs out of money. That won't work forever. Eventually the dollar will collapse...
9 posted on
08/14/2009 10:00:49 AM PDT by
GOPJ
("Fishy rumors posters" Check 'em out:http://www.freerepublic.com/focus/f-news/2311664/posts)
To: djsherin
Im pretty sure the FDIC has some agreement with the Fed or Treasury that it will be bailed out if it runs out of money.It does, but the Fed will have to print the money. The Fed claims that its vast increase in the money supply is not inflationary, and that liquidity can be withdrawn easily. But through policies like extending unemployment benefits, propping up the stock market, and now bailing out the FDIC, the money is going into the real economy.
To: djsherin
Don't worry, the FDIC has access to all of the “money” it needs to keep the banks open. But... soon you will be able to buy a roll of $100s to hang next to your toilette because they will be worth Less than what is hanging there now!
14 posted on
08/14/2009 11:57:00 AM PDT by
April Lexington
(Study the constitution so you know what they are taking away!)
To: djsherin
"Im pretty sure the FDIC has some agreement with the Fed or Treasury that it will be bailed out if it runs out of money." Start a tax boycott and Atlas will truly shrug.
Don't send money until we start having some say again.
We're losing our country.
Everyone Must Do Something Everyday
26 posted on
08/14/2009 2:47:28 PM PDT by
blam
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