Monday, November 22, 2010

FDIC Unsured « Oppressed Monkey

FDIC Unsured « Oppressed Monkey
The FDIC, as of December 31, 2010, will insure a maximum of $7.6 Trillion in domestic deposits, minimum of $5.4 Trillion. To insure these deposits, the FDIC has a Deposit Insurance Fund (DIF). The glaring problem with the DIF is its current balance of $-15.2 Billion. Got that? The FDIC will insure $7.6 Trillion in deposits with negative $15.2 Billion.
Beware, the destruction of America is intentional by the Obama, Pelosi, Reid Monkeys.

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