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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (27971)3/24/2010 10:40:37 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Re: "Well if you think about it, if our own FDIC is underfunded"

Yes, it is.

And that is why they are proposing a small increase on the tax that banks pay which goes into the insurance fund to pay off depositors when the banks fail --- to recapitalize this insurance fund so something like what has happened to Iceland won't happen to us.