You've Got To Freaking Be Kidding Me

American Scofflaw

"Plus, if you act now, a free set of Ginsu knives!!!!"

(Ahem)

The FDIC proposal is to raise the maximum limit for insured deposits from $100,000 to $250,000.

Now class, raise your hands if you actually HAVE $100,000 or more in a savings account right now. Anyone? Anyone?

Well, it seems to me that the vast majority of Americans are going to give a big ho-hum to the FDIC limits issue, because the vast majority of Americans don;t have that kind of money sitting in a savings account!

And the fact that they are trying to resell the bailout with this proves that the so-rich-they-can't-remember-how-many-homes-they-own politicians are totally out of touch with what real Main Street Americans are having to deal with.

THAT is what this bailout bill is; a demonstration of that promise to force you to cover losses for investors.

The reason Bush and his cohorts are working so hard to force this through is that if they cannot get the American people to go along with this, it will prove to the rest of the world that the US Government has in fact lost control over its people; that the American people will no longer blindly follow government dictates.

Investors are now starting to place bets that the US Government will go broke and collapse.

Remember, all a Treasury Bill is, is a promise that the government will tax YOU and hand the money to someone else, at some point in the future. Never mind how you feel about it.

Also, as a side note, this is why the US Government has never been serious about population control. The more the government borrows, the more cattle humans need to be bred to chain to the debt.