The Cellar  

Go Back   The Cellar > Main > Current Events
FAQ Community Calendar Today's Posts Search

Current Events Help understand the world by talking about things happening in it

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
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.
Pico and ME is offline   Reply With Quote
 


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 02:57 PM.


Powered by: vBulletin Version 3.8.1
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.