FDIC's insurance fund slips below mandated level | WHAT REALLY HAPPENED


FDIC's insurance fund slips below mandated level

Banks are not the only ones struggling in the growing financial crisis. The fund established to insure their deposits is also feeling the pinch, and the taxpayer might be the lender of last resort.

Webmaster's Commentary: 

Maybe it is time to stop letting ourselves get pulled into this black hole of debt and refuse to be the "lender of last resort."

Years ago I warned of this very moment, when we would face a choice of cutting our losses and allowing the current system to collapse of its own mistakes, or allow ourselves to get dragged down with it.

Time is up.

Choose.

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