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Old 10-10-2008, 10:51 AM   #10
Pico and ME
Are you knock-kneed?
 
Join Date: Jul 2008
Location: Middle Hoosierland
Posts: 3,549
Quote:
Unfortunately and as a result, we are now doing it with literally the entire value of both the Federal Reserve and US Treasury. Yes, even those institutions have run into monetary shortages by issuing so much corporate welfare.
This is why I am fretting about my simple savings account. Everyone I talk to tells me not to worry, its protected by the FDIC, but with banks continuing to tank, when mine reaches that point, will the government really be able to back up my money?

I wish I didnt have to worry about this.
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