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Old 03-05-2009, 01:16 PM  
xxxdesign-net
My hips don't lie
 
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Join Date: Nov 2002
Posts: 10,129
The FDIC is fine if only a few banks fail... If theres a complete meltdown of the banking system, you can forget about your money... One, the FDIC wont have the money, two, using tax dollars to pay yourself back is non-sense, three, if the US economy has collapsed, printing the money to pay everyone back will literally kill the dollar and will give your $100,000 the value of toilet paper

Last edited by xxxdesign-net; 03-05-2009 at 01:18 PM..
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