Feb 25 2010
The Ultimate Ponzi Scheme – FDIC is Backing $5.3 Trillion through the Deposit Insurance Fund that now has a Balance of -$20.8 Billion. FDIC has Cash and Marketable Securities of $66 Billion. Is that Really Enough to Back Every Account for $250,000?
The FDIC is running the biggest confidence game in the country. The FDIC is now protecting through the Deposit Insurance Fund (DIF) some $5.3 trillion in deposits in banks across the country. All of this is secured by an insurance fund that is now in the negative by $20.8 billion. In the middle of this [...]
Jan 13 2008
Recession Investing: Where to Invest When the Market is Going Down.
It isn’t a secret that the overall economy is entering into a rough patch. The declining housing market, poor retail sales, and overall debt are breaking the back of the economic machine that is the U S of A. As an investor, what can you do to protect your wealth during these hard [...]
