do you enjoy knowing that when you deposit money in a US bank, you won't lose that money? nice, right?
it's because bank deposits are insured by FDIC.
i don't know what FDIC ever did to these people, but apparently it too is now on their blow-it-up list:
https://www.washingtonpost.com/business/2025/01/27/fdic-bank-examiners-job-offers-rescinded/
it's because bank deposits are insured by FDIC.
i don't know what FDIC ever did to these people, but apparently it too is now on their blow-it-up list:
https://www.washingtonpost.com/business/2025/01/27/fdic-bank-examiners-job-offers-rescinded/
Comments
Is their plan to end the NCUA along with the FDIC? What about credit unions?
And that means...bank runs. Aaaaand that means Great Depression 2.0.
Think I'll stay local.
When the stock market falls, people don’t rush to the banks to withdraw their cash because of the FDIC, expediting bank bankruptcy. Banks expect to be bailout, while people would lose all their saving. A win-win for the banks and lose-lose for us.
to think they consider themselves ultimate patriots.
he speaks his mind, just like elon does, they`re not hiding anything, even though it seems that everyone somehow has learned to dismiss & normalize their behavior .. surreal times
🙈
but in the geopolitical sphere, history, geography, poltical science, constitutional & international law, diplomacy he is.
he certainly isnt dumb when it comes to figure out what`s in his own interest, i assume he can read the clock, the headlines, tv subtitles, NDAs
if he isn't already getting kickbacks, he will certainly have his grubby little mits extended in expectation from no matter whom
Trump wants to be like putin and rule with an iron fist.
Anyone who thinks trump is strong and intelligent is gullible and stupid.
#KnowWhatADifferenceFourYearsMake
The interest rate isn’t so high, but I bet it will be there for another 100 years.
I thought of US bonds but now have no faith in the federal government at all.
Psychopath on the loose.
There is no greater offence than that in don-the-con’s head.
You should worry that someone is trying to set you up for a scam. Do not unfreeze your credit and report the contact to the bureau at the publicly listed number.
I was in my bank just 10 days ago and mentioned this and was told “ Not going to happen “.
Vote in every damn election, no matter how big or small - regardless of where you live. Stop these idiots locally, statewide & nationally. That includes any 2025 & 2026 elections. That’s your job. Now go out &
https://bsky.app/profile/hartmannreport.com/post/3lgio6m6wi223
He really is Shitler 2.0.
A. Just a little bit more.
"Someone will never have abundance if they think about their scarcity."
When I’m waking up to hoping the ceiling fan is spinning, that doesn’t feel abundant.
It feels scary.
😤
The banks want to play fast and loose with your money, and they don’t want to have to pay it back.
Tax the billionaires into millionaires, break up their monopolies, & destroy their ultimate weapon against us- Citizens United.
✊🏻✊🏽✊🏿
🎼They're gonna steal🎵 your money..They're 🎶gonna steal your money"🎵
He’s going to destroy this country.
You can get a free online star rating on your bank or credit union at https://bauerfinancial.com. A full report is available for a small fee. I worked for a bank and used to track these ratings.
grandkids to every
local, library holiday event. No one understood. They thought I was unaffected by election. I was quietly saying goodbye to the world as we have known it. We are in a new land.
world from the smoldering ashes.
Under the mattress?
Which is why national bank deposit protection insurance is a good thing.
https://www.cnbc.com/amp/2025/01/18/how-trumps-second-term-could-mean-the-downfall-of-the-fdic-cfpb.html
When my husband’s father died, they found money everywhere around the house in the Attic in the wall, coffee cans . The total found was around $100,000.
In essence a Credit Union is a not-for-profit bank owned by its members so it still needs deposit insurance and all of the other financial protections.
I’m a long term investor and my financial advisor insists I can ride this out
But that was before this recent bloodbath of bank deregulations
I’m really considering pulling all my money out
But that just doesn’t seem reasonable
I wish my father were still alive 😩😩😩
US Treasuries are obviously no longer the safest.
And, while unlikely, safe deposit boxes at the World Trade Centers completely melted down.
I don't even think burying something in my backyard would be totally safe.
By then BECU was available to all WA state residents, so I closed my Chase acct and have been with BECU ever since. 3/
Basic history: Wealthy became weathier during depression by buying up the assets of troubled banks - assets originally held by those who lost their savings. This is engineering of a buying opportunity for the wealthy at the expense of everyone else.
I'm certainly not giving my money to the Bezos Post.
Can't have that.
And now calling off FDIC. That was very alarming to hear, I wanna know about the plan. It’s got to be some kind of a money making scheme. Leave the banks vulnerable for his criminals minions to attack and invest in crypto/Trump?
You’re gonna wake up and have 0 money in your account because the banking system failed. The dollar will plummet and be worthless and everyone is gonna say, “WTF? Where is my money?”
Gone. And the rich won’t care.
...because, you know...
...standards matter.
People deposit in the bank because it’s guaranteed.
Remove that safety net and it becomes Russian Roulette with other depositors will you/they cash in first?
It’s a Beautiful Life good movie
We don’t need money in politics. We just need people to participate.
https://www.nationalfinancialplan.com
Money now?
https://www.kulr8.com/news/national/billionaire-financier-bessent-confirmed-as-trumps-treasury-chief/article_870772c9-49c8-5df9-bcf7-54d631ed2ce1.html
If there is no FDIC and there's a bank run there is a great chance you WILL LOSE *everything* you have in there.
What could go wrong?
The value of the $TRUMP's coin is under $27 per token — a 64 percent decrease from its all-time high of $75 the day b4 his swearing-in.
Insanity
I was in the exotic currency derivative markets
This gives voodoo a run for it's money.
To maggots, learning from one's mistakes, means learning how to repeat them.
Bitcoin accelerates this, doesn't protect them from it.
But they are stupid, they think they can tame a system designed to eat them alive.
So this is utter bullshit - they do not take congressional funds with the exception of temporary borrowing from the treasury that they pay back with insurance premiums or liquidation of bank assets when they takeover a bank
https://bsky.app/profile/igorsushko.bsky.social/post/3lghvsawq322w
You nailed it!!!
https://wapo.st/3WCOEoR
It’s so gut punching.
banks dont like that...so they take that money to pay republicans to prevent that from happening
#https://www.justice.gov/usao-ednc/pr/fayetteville-cardiologist-agrees-pay-over-5-million-resolve-allegedly-false-medicare
That means when they rob it and the banks fail, we don't get shit back.
All of which prevent it from draining us dry.
Tyranny is a vampire.
Someone invited it in.
Is there a Buffy in the House?
Project 2025 mentioned Trump by name OVER 300 times!
https://iusbpreface.net/2025/01/29/i-read-project-2025-so-you-dont-have-to-3/
Maybe this next four years I will be able to do it before I get send to a country that I don’t know. In my mind and body I’m an American. I’m an American. I’m an American.
Americans. Americans. Americans. Americans. Americans. Americans. Americans. Americans. Americans. Americans. Americans. Period.
Of course nobody knows what’s in there, so…in it went.
https://wapo.st/4hbQ55U
Shared link (hope it works)
(Trying one more time)
https://www.yahoo.com/news/trump-fires-3-democrats-privacy-234823226.html
There are ZERO safeguards!