Tuesday, September 22, 2009
FDIC considers borrowing cash from banks
This is totally insane!!! Who are these morons controlling our government and vital institutions??? They are clueless!!!
The FDIC CANNOT run out of money!! In a nation where the government "spends" by crediting bank accounts and where the currency floats freely there can be no "running out of money." It is a totally inapplicable concept.
The deficit terrorists will cause an economic calamity of enormous proportions if this keeps up. In the meantime we are pushing many into poverty and lowering the standard of living of all but 1% of the citizens of this country because of irrational deficit fears!