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

To: csmusaret
"With almost a Trillion dollars in deposits insured by the American taxpayer this bank actually is too big to fail."

The FDIC is broke or nearly so.

Where will the "insurance" for almost a trillion dollars come from?

11 posted on 11/29/2011 5:23:07 PM PST by SnuffaBolshevik (In a tornado, even turkeys can fly.)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: SnuffaBolshevik

“Where will the “insurance” for almost a trillion dollars come from? “

If I understand the question, the answer is taxes on Lear jets.


18 posted on 11/29/2011 6:33:09 PM PST by EQAndyBuzz (To fix government, we need a rocket scientist. Oh, wait we have one!)
[ Post Reply | Private Reply | To 11 | 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