[Travis McGee]

We are in the back of the plane, it is in a flat spin, we can hear the crew yelling at each other in several languages, the horizon is spinning around and the load is starting to shift.

This is a good time (Monday AM) to get to the bank and take out some cash. SUre, it's insured to 250K or whatever the new FDIC limit is, but that doesn't mean you will be allowed to take any out if there is a "bank holiday" which becomes increasingly possible. After the "bank holiday," you may find daily or weekly withdrawal limits, or a few zeros cut off of your account balance as we switch to "New Dollars."

Remember the first rule of bank runs: GET THERE FIRST.

[CodeToad]

The FDIC has never been tested by a large run. It will probably provide “credit” versus dollars. Besides, if there is such a run then the dollar will tumble hard and inflation will skyrocket. Imagine the grocery store not taking credit or debit cards because there is no processing capability. Cash will be in demand and that will increase prices.

[editor-surveyor]

or a few zeros cut off of your account balance as we switch to "New Dollars."

But they can't switch my Maples, or Krugerands... ;o)

[Squantos]

BTTT !

[B4Ranch]

While I agree with every word. I didn’t do the same because I didn’t want to be accused of starting the bank runs. I have always believed that keeping a few months worth of expenses in the safe at home was just the smart thing to do.

Those of you who haven’t already gotten some cash from your bank may find that you will not be able to get the amount you want without giving them previous notice. That is no reason to get shook up. Your account is insured to 250K.