Posted on 10/23/2009 4:22:30 PM PDT by FromLori
100: Partners Bank, Naples, FL 101: American United Bank, Lawrenceville, GA 102: Hillcrest Bank Florida, Naples, FL 103: Flagship National Bank, Bradenton, FL
As you watch the bobbing metronome of Sheila C. Bair's head during this video ("...but as I said [left tick] we have the ability to immediately access [right tock] up to $500 billion from our Treasury line [left tick]...") wonder to yourself quietly:
How is the FDIC going to slurp down another $500 billion without some roof rasing action on the debt ceiling? How can ANYONE promise that no insured depositor will ever (until the heat death of the universe) lose a dime? What family of narcotic sedatives are being used in this video? Meanwhile, if anyone is spreading evil rumors about the FDIC, make sure to email flag@fdic.gov immediately.
Try not to get motion sick and vomit. Also, try not to vomit.
She (we) may have to pay some of that loot to WMI to clean up the WaMu bungle.
She is probably the best example of “mysterious respect” granted in Washington to select bureaucrats. Who really do not deserve it. Remember the absolute hell given Anne Gorsuch - Reagan’s EPA administrator? Here - with Bair’s manifold failure, not a peep of criticism from the press.
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