#7900 - #17 – When the FDIC goes broke…..

#7900 - #17 – When the FDIC goes broke…..

Think! - This can’t happen? …… Oh yeah!

At the rate we’re going, $400 plus billions added to the National debt this week (with more to come), when will Foreign Nations refuse to invest in the debt of the U.S.?

When will the Nation start the printing presses?
If this is “change” and the “younger” voters take over, will this “young vote” realize that “they” will have to pay for what they voted for?
If the Chinese refuse to buy anymore of the U.S. debt, what will become of the FDIC?
If the FDIC is no more, what will happen to the savings that are in the Nation’s largest financial institutions and are “presently insured” by the FDIC?
What if the presses do not run and the entire debt plus interest is laid on the taxpayers (young and older)?
What if the World loses faith in the American dollar and refuses to buy its debt paper?

Still “refuse to believe ”we won’t go broke?.... Think about this!

The FDIC remains the insurance policy of all the U.S. money in circulation. Once the FDIC remains NO MORE, what will the world do?
There’s more to it than that!.... Where will all those people, with their carefully saved earnings, put their hopes for a future go?
If America is the “land of opportunity”, with no currency that anyone can count on; what prevents us from becoming another, third world country?

If the “young” amongst us continue to elect representatives that feel that government should pay an ever larger part in our decision making; then they must bear the financial burden also. They may come to realize that experience and history still have values.

So what to do?

The “younger” voters must make up their minds which do “they” want?.
“They” must make loud utterances (that are transparent and mutually understandable by all) rather than continues to talk “around the real issues. You want “health care”? How much will it cost?.... You want everyone in a house? How much will it cost?..... Who’s going to pay? When?
“They” got us thinking that “everyone wants help” from the government.

Somebody must pay for all this!
That “somebody” is you!




* Bill T ….. (P.S. – Lessons to live by.)
* It’s always a question of “definition”. What are we really talking about?
* Do you really “understand” what we are talking about?
* Are you looking for another debate or to learn something new?