The justification for this is because the feds insure all individual depositer losses up to 100 grand,so that makes stealing money from a bank a federal offense.
Bingo! When you hear or see "FDIC" or "FSLIC" with a bank commercial, that means your deposits are insured by the federal government. And that means that the FBI investigates robberies from those banks (not all banks are federally insured).
posted on 03/18/2002 7:27:36 AM PST
ref post # 43:
When you hear or see "FDIC" or "FSLIC" with a bank commercial, that means your deposits are insured by the federal government.
The federal government has no money. They have tax dollars. When this plan to "support bad bankers" was first brought to light quite a few "good" bankers got out of the business. But the government schools don't teach the facts just the propaganda. Another instance in this country of non value-producers being supported by the value-producers. And heaven forbid you question "central banking" or "paper currency". Everything that was predicted to happen under these and things like the "New Deal" of fdr's aren't taught in government schools so the sheeple don't realize most of the economic and moral problems of today were not only predicted but documented. Of course it requires one to read a variety of books and be able to integrate thought.
posted on 03/18/2002 11:17:17 AM PST
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