Should You Be Worried About Bank Failures?

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Mexicans

In light of Marie's comment about Mexicans taking our jobs. I like to say what jobs exactly are they taking? Most of the jobs they take are jobs at the supermarket and behind restaurants doing all the dirty work. I don't think any American is going to want to dirty their hands and be all sweaty by the end of the day. Most of the jobs American's are more willing to take are service jobs that are A/C'ed.

Mark Nguyen of CA @ Jul 15, 2008 19:54:41 PM

Terrible Times Today

The banks are going broke and gas prices are outragous and the wages never increase. The world is going crazy and satan is taking over. America is not free. We always struggle to survive while America is too busy helping people in other countries and letting the Mexicans from Mexico take over all our jobs.

Marie of CO @ Jul 15, 2008 17:36:21 PM

fdic

The FDIC will not go broke because the government just prints more money.

suze of FL @ Jul 15, 2008 17:18:01 PM

Terrible times

My freinds and foes alike. I smell the collapse of our civilization of America. Dont you see it the Rockefellers wanted to destroy it all. They dont need more money they have it all. They just needed to squeeze the last few who have money. Credit Cards will be obsolete. No more credit. Soon you will be handed Food Ration cards and Credits for anthing you need to buy. Their creating a Capitilstic, Communistic, and Fascist kind socialist society. Get your family and protect it. Plant seeds, buy water filter systems, oh and it might help to have ammo and weapons available for when they come knocking down your door. Its the same group of people screwing you over people cant you see. Dont take it wrong (whitey) its just what goes around comes around. It all begin long ago when the Europeens stepped foot on our Native lands. Yep thats were all of this started. Its were it will all end! Viva La Revolucion..

Jaoquin Murrieta of CO @ Jul 15, 2008 17:10:35 PM

FDIC Can Go Broke

The IndyMac failure has already eaten up from 10-15% of the FDIC's $53 billion balance sheet. If a larger bank like Wachovia were to fail, the FDIC would be wiped out in one fell swoop. Whether or not an account is "FDIC insured" is therefore no guarantee that a depositor's money is safe.

Alex Wallenwein of TX @ Jul 15, 2008 16:33:27 PM

Business Bank Accounts

What about businesses. If they have deposits over $100,000 are they at risk? Many business would have millions in FDIC insured institutions.

gmureport of VA @ Jul 15, 2008 15:59:15 PM

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