Comments on: FDIC Out of Rescue Bucks http://dailyreckoning.com/fdic-out-of-rescue-bucks/ Economic News, Markets Commentary, Gold, Oil and Investing Strategies. Sat, 26 May 2012 18:05:48 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: H. A. {Bud} Rehbein http://dailyreckoning.com/fdic-out-of-rescue-bucks/#comment-29763 H. A. {Bud} Rehbein Fri, 02 Oct 2009 19:46:13 +0000 http://dailyreckoning.com/?p=18678#comment-29763 I thought the FRIST Deperession was bad but this one will really be the end of any freedom we have left. "GOD" is the only help we have on our side, Pray so he will help turn our Congress around to see what they are doing. I thought the FRIST Deperession was bad but this one will really be the end of any freedom we have left. “GOD” is the only help we have on our side, Pray so he will help turn our Congress around to see what they are doing.

]]> By: Stephen Voith http://dailyreckoning.com/fdic-out-of-rescue-bucks/#comment-29502 Stephen Voith Thu, 01 Oct 2009 05:17:35 +0000 http://dailyreckoning.com/?p=18678#comment-29502 i think u may be wrong that that Bair's proposal isn't actually a taxpayer burden, because the FEd/Treas. has handed these banks apparently hundreds of billions $, which these banks then use to purchase Treasuries, etc. So it's a (potential) clever, backdoor (taxpayer) bailout. Now these banks just have to play along and use a portion of those bailout funds for rescuing the FDIC; and that way also the FDIC doesn't create a crisis/bank run effect by being seen publicly (desperately) tapping into their $500 billion credit line w/the Treas. and is instead seen 'calmly' just hitting up the banks to pay into the insurance fund. Really, just another scam - it's all taxpayer money and the lumpen are duped again . . . i think u may be wrong that that Bair’s proposal isn’t actually a taxpayer burden, because the FEd/Treas. has handed these banks apparently hundreds of billions $, which these banks then use to purchase Treasuries, etc. So it’s a (potential) clever, backdoor (taxpayer) bailout. Now these banks just have to play along and use a portion of those bailout funds for rescuing the FDIC; and that way also the FDIC doesn’t create a crisis/bank run effect by being seen publicly (desperately) tapping into their $500 billion credit line w/the Treas. and is instead seen ‘calmly’ just hitting up the banks to pay into the insurance fund.

Really, just another scam – it’s all taxpayer money and the lumpen are duped again . . .

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