Road to Roota | December 12 2012
As if there weren’t enough reasons to get your money OUT OF THE SYSTEM – the FDIC Insurance that currently covers all FDIC Bank deposits is expiring in 3 weeks!
Temporary Unlimited Coverage for Noninterest-bearing Transaction Accounts
http://www.fdic.gov/deposit/deposits/insured/temporary.html
Of course those of us who are AWAKE already know this…but that’s not many!
You’d think that those who had more than $250,000 in a single FDIC insured bank would be smart enough to get their overage out of that bank…but they are not. “All is Well” in the world of the Zombie Banking sheeple!
Bank runs are funny things. You always think that you’d have time to get your money out if things start to go sideways….but you never do. They happen like a thief-in-the-night (yes – literally!) and it’s usually only those who have foreknowledge of the event that avoid or benefit from the chaos.
