Posted on 03/10/2023 9:47:33 AM PST by EBH
Just that many are missing a bigger "Thing".
The amount being sent to Ukraine is a pittance compared to what the illegals that have come in the last 2 years are costing the taxpayer.
According to a Trump admin Homeland Security or BP official more like 10,000,000, not 5,000,000 have entered the US.
Every one is going to cost citizens at least $1,000,000 apiece.
That's $10,000,000,000, yes TRILLION and Pedo Joe's handlers have just gotten started.
At least 2 more years of this treason and add to that the 20-40,000,000 illegals already here.
An FDIC advance dividend is a thing and is just as qwerty described it.
Google it.
I understand the concept, and how it should work. I am also not foolish enough to accept the media and government’s statements as factual on the face of it.
The challenge is simple, no more buyouts, why blindly accept the government will stop at dividing up the assets and allow the loss to remain in forfeiture?
Also again I point out his link has my posted usage of the word dividend as the primary usage and the mathematical abstract as the tertiary usage.
1
: an individual share of something distributed: such as
a
: a share in a pro rata distribution (as of profits) to stockholders
Profits are distributed to shareholders as dividends.
b
: a share of surplus allocated to a policyholder in a participating insurance policy
2
a
: a resultant return or reward
our efforts are finally paying dividends
b
: BONUS
3
a
mathematics : a number to be divided
b
: a sum or fund to be divided and distributed
FDIC will claw back those funds.
Trust the FDIC, there one of very few federal agencies wort trusting.
Missing the sarcasm tag. FDIC can only cover perhaps 1 percent of all large banks' holdings if crap hits the fan. And that may be happening soon.
You are trying really hard to make a point about something - which you are clearly wrong on - but I just can’t figure out what your motive is?
What part of “an individual share of something distributed” is so hard to understand?
I stated I understand what is supposed to happen. I then clearly stated I do not trust them to forfeiture the lost investments.
That is the entirety of it.
Do you trust the government under Biden to not bail out a bank mostly dedicated to his big tech and healthcare buddies? It is that simple.
Like I mentioned the CEO literally sold off over 3.5 mil in stocks the two weeks leading up to this, people knew this was going to happen.
Oh and you threw out a link claiming I was picking an alternative definition that your own link listed as a primary.
I also get what you meant but your link hardly supported my usage as some obscure alternative one, especially in the world of finance.
The FDIC is the ultimate “too big to fail” institution.
The reason for that is simple—if the FDIC is not bailed out then the entire banking system would collapse.
There is zero chance Congress would allow that to happen.
I don’t, but if they do that it won’t be an advance dividend, which is an accepted term of art in the context of the FDIC.
I have seen the FDIC work, up close and personal.
Bank A closes on Friday as A; they open as Bank B on Monday. The assets are being sold this weekend, or they will be assigned.
This is not your basic corner bank. It’s not the kind of place you take your 12 year old to open their first checking account.
Thanks, also thanks 9YearLurker for the link and Vermont Lt for your post.
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