Umm...Ali Velshi...keeping more money in an account than is insured by the FDIC isn't being responsible. 100,000 isn't the hard limit, increasing it is pretty easy.
This thinkbigworksmall video has been debunked. Their info is completely wrong. They got their info from a blog of some broke teabagger real estate agent who is trying to make the Obama administration look bad. What idiot right wingers dont get is that the FDIC was created after the Great Depression to protect banks from losses so as to avoid another Depression. These measures have largely saved us from a complete financial meltdown.
@REman07 I know IndyMac, its YOU who are missing ALL the points. of the discussion. The FDIC are crooked robber barons who CAUSED all depressions through consolidation. The Central Bank idea caused our nation to be forged, in REVOLT of its ideas and mechanisms. Printing money through any third party is NOT Constitutional. It was a con, read "Creature from Jeckyl Island". Look, Im not busting your balls intentionally, just encouraging you to do some research. They are all globalist scum, period.
The FDIC has up to 99 years to pay those who lost their money. Ask your banker. Your bank goes broke you could be screwed. Put it in a good safe in your house. It is safer than in a bank.
Umm...Ali Velshi...keeping more money in an account than is insured by the FDIC isn't being responsible. 100,000 isn't the hard limit, increasing it is pretty easy.
wickedphant0m 1 year ago
Ironically it was Bush who ordered this practice of giving shared loss agreements to the banks. It may have been the only thing he ever did right.
REman07 1 year ago
This thinkbigworksmall video has been debunked. Their info is completely wrong. They got their info from a blog of some broke teabagger real estate agent who is trying to make the Obama administration look bad. What idiot right wingers dont get is that the FDIC was created after the Great Depression to protect banks from losses so as to avoid another Depression. These measures have largely saved us from a complete financial meltdown.
get an education you idiot teabaggers!
REman07 1 year ago
@REman07 I know IndyMac, its YOU who are missing ALL the points. of the discussion. The FDIC are crooked robber barons who CAUSED all depressions through consolidation. The Central Bank idea caused our nation to be forged, in REVOLT of its ideas and mechanisms. Printing money through any third party is NOT Constitutional. It was a con, read "Creature from Jeckyl Island". Look, Im not busting your balls intentionally, just encouraging you to do some research. They are all globalist scum, period.
thorntongifts 1 year ago
@REman07 ..you are the one that needs a education you idiot. stop drinking the far left communist kool-aid
up4lost 2 months ago
The FDIC has up to 99 years to pay those who lost their money. Ask your banker. Your bank goes broke you could be screwed. Put it in a good safe in your house. It is safer than in a bank.
Baldgol4 2 years ago