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FDIC Bankrupt? Uh huh.

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From CNBC's "Breaking News" banner:

 

FDIC to Ask Banks to Pre-Pay Premiums to Inject Cash Into Deposit Insurance Fund (story developing)

 

"Ask"?

 

Somehow I suspect it will be something like this:

another-one-dies.serendipityThumb.jpg

(Gee, I need to graft Geithner's head on that one..... along with Bair!)

 

Anyway, the point stands. The FDIC is clearly out of money, and this is nothing more than yet another legalized accounting fraud game, where they'll get "the money" now but allow the banks to "recognize" that "charge" over time.

 

Gee, what happens if the bank doesn't have any money somewhere between now and then and fails?

 

Oh we won't bother with that, right? Remember, there will be no more failures - and just like in Oz, if you say it enough times it might even become true!

 

http://market-ticker.denninger.net/

Your political agenda?

 

:rolleyes:

 

Propaganda for what Mark? lol
And what would that be Mark?

 

The road to the White House?:rolleyes:

  • Author

Yes, I'm running for office 2012 on the idea that the FDIC is bankrupt! Now I don't have to wonder why a old man wastes all his time on a forum.....

Fail, on many levels.

 

:smug:

 

Yes, I'm running for office 2012 on the idea that the FDIC is bankrupt! Now I don't have to wonder why a old man wastes all his time on a forum.....
  • Author

I'm not sure if I should make fun of you or feel sorry for you. One day someone will love you but it won't be me.

I'm not sure if I should make fun of you or feel sorry for you. One day someone will love you but it won't be me.

 

Thank goodness for that.:rolleyes:

  • Author

Btw it was your theory, you just said you failed on many levels. :)

 

You're doing my job for me! Thanks

Btw it was your theory, you just said you failed on many levels. :)

 

You're doing my job for me! Thanks

 

Guess again. It's your propaganda and thread that have failed (once again).:laugh3:

  • Author

lol you failed to explain what's it's propaganda for and then said you failed with your own response.(you admitted your own answer was a fail) are you now saying you're a liar?

lol you failed to explain what's it's propaganda for and then said you failed with your own response.(you admitted your own answer was a fail) are you now saying you're a liar?

 

I'm afraid your propaganda and "spin" won't work on here.;)

  • Author

Mark for the last time stop sending me pm's about how big your penis is. I don't want to have cyber sex with you.

Oh Marcus you're a creepy old man.

 

Yet more false propaganda.:rolleyes:

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