Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: radioone

The FDIC is broke. They have to draw down money directly fromm Coingress as they need it.When that ends, there will be no more deposit insurance.


7 posted on 01/18/2010 12:44:49 PM PST by Candor7 ((The effective weapons against Fascism are ridicule, derision , truth (.Member NRA))
[ Post Reply | Private Reply | To 4 | View Replies ]


To: Candor7
The FDIC is broke. They have to draw down money directly fromm Coingress as they need it.When that ends, there will be no more deposit insurance.

I suspect they'll crank up the old printing press ...

16 posted on 01/18/2010 7:53:05 PM PST by GOPJ (Massachusetts is ready for a nude-skinned Brown man with no trace of a Kennedy dialect-Steyn)
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson