Beware of overly optimistic 'experts' who claim we are now in the midst of a recovery. The economy is still teetering on the edge.
Columbia Conservative Examiner has a ton of information today, including an abundance of links to the latest news on the subject.
You would be wise to read it and visit ALL of the links and watch the video. Protect yourself!
Showing posts with label FDIC going broke. Show all posts
Showing posts with label FDIC going broke. Show all posts
Saturday, September 26, 2009
Saturday, August 29, 2009
More on the Storm--Federal Secrecy on Failures
The Feds want to keep secret the failure of their bank bailouts.
Click here to read the whole story.
And the thing is, this is only the tip of the iceberg! Be sure to read the entire report from beginning to end!
Click here to read the whole story.
And the thing is, this is only the tip of the iceberg! Be sure to read the entire report from beginning to end!
Friday, March 06, 2009
Don't Look Now, but the FDIC is Going Broke!
The FDIC, which federally insures the bank accounts of all Americans up to $200,000 per account, is going broke.
You know that things are bad in the country when your bank account insurer is on the brink of bankruptcy.
According to the Wall Street Journal this morning, the U.S. Senate moved to allow the FDIC to borrow up to 500 billion dollars.
The problem is the U.S. Government is going broke as well. What does everyone do when the government's money runs out?
You know that things are bad in the country when your bank account insurer is on the brink of bankruptcy.
According to the Wall Street Journal this morning, the U.S. Senate moved to allow the FDIC to borrow up to 500 billion dollars.
The problem is the U.S. Government is going broke as well. What does everyone do when the government's money runs out?
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