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Isn't It Great When Bank Deposit Insurance May Need A Bailout From Banks? |
http://online.wsj.com/article/SB12363012 5365247061.html
WASHINGTON -- Senate Banking Panel Chairman Christopher Dodd is moving to allow the Federal Deposit Insurance Corp. to time borrow as much as $500 billion from the Treasury Department.
The Connecticut Democrat's endeavour -- which comes in response to urging from FDIC Chairman Sheila Bair, Federal Evasion Chairman Ben Bernanke and Treasury Secretary Timothy Geithner -- would give the FDIC access to more funds to rebuild its fund that insures consumers' deposits, which have been hard hit by a play fast of bank failures.
So now the printing press is the FDIC Insurance, insurance. lol. What do you think?
It is a outfit of cards. Each card holds the other one up. Be careful, and don't bump the table or let a diagram in.
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Hey, maybe he should do what Bill Clinton did when his approval polls were sagging. Justifiable launch an airstrike someplace, anyplace.
Makes your popularity increment right back up again.
How long before Obama starts using this idea?
But why swotting a puny $500 billion of additional debt? Our trade shortage adds twice as much to our debt every year, thanks to free truck.
Why are you worried about this when nobody is worried about the trillion dollars of debt from free buying every year?
702 US banks in danger: FDIC: CBC.ca
More than 700 US banks are on the Federal 
702 U.S. banks in danger: FDIC|More than 700 U.S. banks are on the Federal Deposit Insurance Corporation's .. 
702 U.S. banks in danger: FDIC|More than 700 U.S. banks are on the Federal Deposit Insurance Corporation's ..