"What luck for the rulers that men do not think." -Adolf Hitler
"I will bring this war to an end in 2009. So don’t be confused." -- Senator Barack Obama

"If you don't like Obama, you is a racist!" -- Kelonda

Search This Blog

"If the government robs Peter to pay Paul, he can count on the continued support of Paul.

Monday, February 15, 2010

$9 Trillion In Deposits At Risk (Savings-Checking)

"We can question what those assets are really worth since many of these institutions hold $3 trillion in commercial real estate loans and defaulting residential properties. The big problem with the FDIC is that it is protecting institutions with assets the size of U.S. GDP with no money. The FDIC at this point is a giant paper tiger. "

No comments: