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F.D.I.C. May Borrow Funds From Banks (officials may soon ask banks to bail out the government)
New York Times ^
| 9/22/2009
| Stephen Labaton
Posted on 09/22/2009 7:25:17 AM PDT by SeekAndFind
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To: SeekAndFind
Government bails out banks, banks bail out the government. Circle of Life, and all that.
2
posted on
09/22/2009 7:27:14 AM PDT
by
Tublecane
To: SeekAndFind
Already posted. Yes, I have a badge and I like to use it. LOL
3
posted on
09/22/2009 7:27:53 AM PDT
by
madison10
To: SeekAndFind
Yeah.. I see no potential for terrifying results here...
4
posted on
09/22/2009 7:27:54 AM PDT
by
Mr. K
(THIS ADMINISTRATION IS WEARING OUT MY CAPSLOCK KEY DAMMIT DAMMIT DAMMIT!!!!!)
To: SeekAndFind
I thought banks making loans to unqualified borrowers was the thing that got this whole mess started. Why encourage more of that?
5
posted on
09/22/2009 7:29:08 AM PDT
by
LostInBayport
(The magnetic strip on the back of the Race Card is worn out from overuse.)
To: SeekAndFind
They’re going to run out of sources to borrow money from. What happens then?
6
posted on
09/22/2009 7:29:53 AM PDT
by
Rennes Templar
(All Hail the Community Organizer -in -Chief)
To: Rennes Templar
What happens when the gummint says ‘Sorry, we’re broke, we can’t pay you back”?
Doofuses.
7
posted on
09/22/2009 7:32:24 AM PDT
by
tgusa
(Gun control: deep breath, sight alignment, squeeze the trigger ....)
To: Rennes Templar
They’re going to run out of sources to borrow money from. What happens then?
1) The Chinese are our leading lenders. The question is how much MORE are they willing to lend ?
3) They can always PRINT money.
4) Finally, they can always TAKE your money ( and REDEFINE the world TAKING or TAXING ).
The only thing they will NOT consider is this --- DECREASE SPENDING.
To: SeekAndFind
EDIT TO ADD THE MISSING #2
2) They can always BORROW MONEY from the PUBLIC ( Government Bonds ).
To: Rennes Templar
“They’re going to run out of sources to borrow money from. What happens then?”
They confiscate more property from the American taxpayer.
Then, after they destroy private wealth and industry..they print more money. It isn’t going to end well.
10
posted on
09/22/2009 7:35:28 AM PDT
by
penelopesire
("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
To: SeekAndFind
Well, I was wondering if we were ever going to have a quadrillion dollar deficit ...
11
posted on
09/22/2009 7:35:46 AM PDT
by
ClearCase_guy
(Play the Race Card -- lose the game.)
To: ClearCase_guy
Well, I was wondering if we were ever going to have a quadrillion dollar deficit ...
At the rate we're going and if we don't stop it, you might see it in your lifetime.
To: SeekAndFind
Can the banks start appointing czar’s to oversee the government now?
13
posted on
09/22/2009 7:38:46 AM PDT
by
cmonkey
To: SeekAndFind
When silver hits the price of gold before the Fed was created LOOK OUT. That will be about 28 per oz.
To: ClearCase_guy
15
posted on
09/22/2009 7:56:20 AM PDT
by
TSgt
(I long for Norman Rockwell's America.)
To: SeekAndFind
To: SeekAndFind
Being a former examiner, I wonder if examiners would criticize these loans for being bad credit quality after being compelled to make them???
17
posted on
09/22/2009 8:01:25 AM PDT
by
RatRipper
(I'll ride a turtle to work every day before I buy anything from Government Motors.)
To: SeekAndFind
Audit the Fed. Then disolve it. Get rid of ‘reserve’ banking which has been taxing Europe and England since the 1600s and the US since 1912 via inflation. The Federal Reserve is our 4th central bank. They only work for the bankers and politicians at the expense of the people.
To: SeekAndFind
It is all going to hell...
I warned about this on here months ago and some smartass banker types told me I was nuts the FDIC CAN’T EVER go bankrupt.
To: SeekAndFind
Our country is [blanked]
Our whole economy is a fraud
Collapse is near
This is a band-aid on an amputation
20
posted on
09/22/2009 8:14:05 AM PDT
by
GeronL
(Are you one of those "individual reponsibility" people?)
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