"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
The FDIC seized 9 banks today. This as the banksters prepare to pay themselves unprecedentedly high bonuses. Well, destroying the economy while you vacuum money from the working and middle class to yourself is hard work. Plus, most people now…
Gosh, bundling up toxic glop worked so well the first time that it only led to an economic crisis. Now the FDIC wants to bundle the glop again, only on a larger scale? Ouch. That makes my brain hurt.
Georgian Bank, which wasn’t on the FDIC list of problem banks as of June 30, failed last week. How many more banks are looming in the darkness out there that appear to be healthy but aren’t? What’s scary is that…
Gosh, what could go wrong with a risky conflict of interest like FDIC borrowing money from banks so it can prop them up if they fail?
So, is FDIC still solvent?