Yes well many Freepers harbor socialist views. The human race survived for thousands of years without federal guarantees on bank deposits. Perhaps you could stop with the hyperbole.
Feel free to read the link at zero hedge about November 16th at G20 Summit in Australia.
This is not about the FDIC. It’s about cleaning out depositors bank accounts to pay derivative bets by Bank CEOs....and not returning any money to hard working Americans because instead of a bail-out it is a bail-in.
Seriously, do you think people deserve for government to allow banks to make their savings BANK CAPITAL? That’s not socialist...it’s promoting stealing someone else’s money.