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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
originalpckelly (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 06:27 PM Original message |
The FDIC is a crock of crap: The total liability for the FDIC in 2007 was $4.29 trillion... |
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depakid (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 06:31 PM Response to Original message |
1. You're confusing liability with exposure |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 06:41 PM Response to Reply #1 |
2. 40% of banks failed in the USA during the first years of the Great Depression... |
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hfojvt (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 06:47 PM Response to Reply #2 |
3. one thing that can make EVERY bank in America fail |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 06:57 PM Response to Reply #3 |
7. If only 1.25% of the insured deposits need to be replaced... |
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readmoreoften (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 07:15 PM Response to Reply #3 |
9. Sounds to me like "every bank failing" isn't the issue. |
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indepat (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 07:47 PM Response to Reply #2 |
10. Doesn't FDIC premiums actually flow into the US treasury, much as payroll taxes (social |
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notesdev (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 06:50 PM Response to Original message |
4. If the SHTF |
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Uben (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 06:54 PM Response to Reply #4 |
5. You don't get anything from savings accounts anyway |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 07:00 PM Response to Reply #5 |
8. I think the deterrent of the FDIC is probably muted by bank cards... |
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originalpckelly (1000+ posts) Send PM | Profile | Ignore | Wed Mar-04-09 06:54 PM Response to Reply #4 |
6. And the thing is, that if they add a couple trillion on to the deficit... |
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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
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