FDIC running out of money. Uh-oh...

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  • DWB
    Registered User
    • Jul 2003
    • 31779

    #1

    FDIC running out of money. Uh-oh...

    If they don't get the fees they are asking for from the banks, they could run out of money within ONE YEAR. ZOMG.

    http://news.yahoo.com/s/afp/20090305...kinggovernment

    All of a sudden those people with tin foil hats are not looking so crazy.
  • JD
    Too lazy to set a custom title
    • Sep 2003
    • 22651

    #2
    i'm pulling all my $ out

    Comment

    • STAROTICA
      So Fucking Banned
      • Aug 2004
      • 1079

      #3
      cash is worthless.....i use it as tolietpaper

      Comment

      • _Richard_
        Too lazy to set a custom title
        • Oct 2006
        • 30991

        #4
        splum has been all over this today

        Comment

        • Ethersync
          Confirmed User
          • Mar 2008
          • 5289

          #5
          There is always the bank of Simmons, Sealy or Serta
          The best ePassporte replacement I have found: OKPAY

          Comment

          • DWB
            Registered User
            • Jul 2003
            • 31779

            #6
            Originally posted by JD
            i'm pulling all my $ out
            Sadly that is going to happen the second word leaks that your money may no longer be insured in the bank. Even though they are backed by the US Gov, that doesn't make me feel any better.

            Personally, I never keep more in a US bank than I'm willing to lose. Been that way for years after a small run in with the IRS about 10 years ago where they helped themselves to one of my accounts and cleaned it out, without warning, due to a late payment. From that day on my outlook was different about how I stored my money.

            Comment

            • DWB
              Registered User
              • Jul 2003
              • 31779

              #7
              Originally posted by SBR Richard
              splum has been all over this today
              He's on my ignore list. Is it worth unblocking to see what he's ranting about today?

              Comment

              • _Richard_
                Too lazy to set a custom title
                • Oct 2006
                • 30991

                #8
                Originally posted by DirtyWhiteBoy
                He's on my ignore list. Is it worth unblocking to see what he's ranting about today?
                probably not no, but with all people like that, they make for interesting discussion.

                oh, he hates obama, so no need to unignore him

                Comment

                • $5 submissions
                  I help you SUCCEED
                  • Nov 2003
                  • 32195

                  #9
                  Time to invest in gold teeth :D

                  Comment

                  • DWB
                    Registered User
                    • Jul 2003
                    • 31779

                    #10
                    Originally posted by $5 submissions
                    Time to invest in gold teeth :D
                    Or... time to drive down to South Central and start jacking all the brothas who have gold teeth.

                    Comment

                    • who
                      So Fucking Banned
                      • Aug 2003
                      • 19593

                      #11
                      I thought it said EPIC

                      Comment

                      • notoldschool
                        Confirmed User
                        • Aug 2007
                        • 5687

                        #12
                        Im starting a farm and starting a gold panning biz.
                        No doubt one may quote history to support any cause, as the devil quotes scripture.
                        -- Learned Hand

                        http://www.bjpenn.com

                        Comment

                        • fl_prn_str
                          Confirmed User
                          • Aug 2004
                          • 5736

                          #13
                          Originally posted by $5 submissions
                          Time to invest in gold teeth :D

                          bling bling

                          Comment

                          • DaddyHalbucks
                            A freakin' legend!
                            • Feb 2004
                            • 18975

                            #14
                            Look on the bright side: Jimmy Carter, Bill Clinton, Barney Frank, and Franklin Raines helped alot of poor people in urban areas get mortgages. So, what if they couldn't afford them?

                            YOU, the taxpayer will always bail them out.

                            If you don't lend to them.. you are racists.

                            And, alot of their buddies like Senator Chris Dodd got sweetheart loans.

                            I feel so much better now.
                            Boner Money

                            Comment

                            • TheSenator
                              Too lazy to set a custom title
                              • Feb 2003
                              • 13340

                              #15
                              How do I make money with this info?

                              What banks do I short?
                              ISeekGirls.com since 2005

                              Comment

                              • tony299
                                lurker
                                • Aug 2002
                                • 57021

                                #16
                                They have to nationalize the banks this is getting nuts. They have to make a bold move,not these half assed ones.

                                Comment

                                • shermo

                                  #17
                                  SO...what are people here planning on doing in the mean time. I don't think the mattress saving is the best way to go, and gold is going to be tough to sell when nobody's $ is good.

                                  Comment

                                  • baddog
                                    So Fucking Banned
                                    • Apr 2001
                                    • 107089

                                    #18
                                    Originally posted by tony404
                                    They have to nationalize the banks this is getting nuts. They have to make a bold move,not these half assed ones.
                                    You are a Communist, right?

                                    Comment

                                    • LiveDose
                                      Show Yer Tits!
                                      • Feb 2002
                                      • 25792

                                      #19
                                      The people running are government are way too corrupt, immature in their thinking and behavior and too undisciplined to be given the responsibility that would come with truly nationalized banks.

                                      No fucking way.

                                      Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

                                      Comment

                                      • Ethersync
                                        Confirmed User
                                        • Mar 2008
                                        • 5289

                                        #20
                                        Originally posted by tony404
                                        They have to nationalize the banks this is getting nuts.
                                        How will nationalizing the banks help?
                                        The best ePassporte replacement I have found: OKPAY

                                        Comment

                                        • tony299
                                          lurker
                                          • Aug 2002
                                          • 57021

                                          #21
                                          Originally posted by baddog
                                          You are a Communist, right?
                                          no but how much money government is going to pump into them? it doesnt seem to be working. how many are you going to let go down the toilet? Did you read the article? We are getting into really scary time. The let it take care of itself sounds nice but as someone whose living depends on people using credit cards its scary.

                                          Comment

                                          • notoldschool
                                            Confirmed User
                                            • Aug 2007
                                            • 5687

                                            #22
                                            Fuck it. If the dollar is worth zero we are all in the same boat. Whats going to happen? Everyone is going to stop using EVERYTHING? Cars will stop running? TVs will stop working? Fuck it.
                                            No doubt one may quote history to support any cause, as the devil quotes scripture.
                                            -- Learned Hand

                                            http://www.bjpenn.com

                                            Comment

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