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US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st

 
smokahontas

User ID: 23237790
United States
11/15/2012 10:54 AM
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Re: US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
I´m not 100 % sure that we may see a crash in what remains of the year, but consider this:
-FDIC is expanding its deposit insurance.
-The FED charter ends in Dec 2012.
-Fiscal Cliff by the end of the year too.
-EU situation worsening

2013 is going to be a bitch for sure. Is going to make 2008 looks like a picnic.
 Quoting: Anonymous Coward 1027453


This is the end of fractional reserve banking, a shift in the world. We cannot sustain the present course and it will bite the world in the ass.
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
No Dhimmi (OP)
Proud Infidel

User ID: 15685685
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11/15/2012 10:56 AM

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Re: US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
Thread: Economic Doom News - Financial Market Turning Points - 2013 through 2020
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
RDprofessor

User ID: 19614366
United States
11/15/2012 11:01 AM

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Re: US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
Congress will extend this.
Saddletramp
We Don't Rent Pigs...

User ID: 812002
United States
11/15/2012 11:03 AM

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Re: US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
Lot's of things coming to a head at the end of this year. Capital controls to countries favored by expatriates, capital controls through a shortage of cash in the system, fiscal cliff, Obamacare taxes...

2013 should be an interesting year...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
smokahontas

User ID: 23237790
United States
11/15/2012 11:11 AM
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Re: US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
I say by March you will not recognize this country. I guess natural selection is working considering all the people who are not aware, cannot see, are not prepping for the possibilities. Ostrich mentality will not work for them and they will see when it is too late.
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
Anonymous Coward
User ID: 1027453
United Kingdom
11/15/2012 11:20 AM
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Re: US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
I say by March you will not recognize this country.
 Quoting: smokahontas

Sounds about right. Remember Argentina in 2001, everything can go down very very fast.
Is prepping time folks.
Saddletramp
We Don't Rent Pigs...

User ID: 812002
United States
11/15/2012 11:22 AM

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Re: US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
Congress will extend this.
 Quoting: RDprofessor


Don't be so sure. It isn't like FDIC coverage goes away, it just falls back to the $250,000 per entity level.

And after all, you're bank account is not even yours anymore, the banks can "rehypothicate" it and use it as collateral...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
smokahontas

User ID: 23237790
United States
11/15/2012 11:25 AM
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Re: US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
Look at germany too, Hyperinflation, the devaluation, the dollar is being collapsed on purpose. We cannot pay back our debt unless we make the dollar worth about 2 cents. They will fake a computer virus in the banking system, close them down on a friday, promising that all will be well by monday. Monday they will declare martial law, shut down the grid and open the FEMA camps, promising three hots and a cot, cable, internet, and most important.. Prescriptions filled... The sheep will line up like it Target on black friday.

Last Edited by smokahontas on 11/15/2012 11:25 AM
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
No Dhimmi (OP)
Proud Infidel

User ID: 15685685
United States
11/15/2012 11:41 AM

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Re: US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
Thread: Wealthy Dump Assets Amid Worries About Going Over 'Cliff'
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
smokahontas

User ID: 23237790
United States
11/15/2012 11:43 AM
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Re: US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
This is the end of Empire, the Collapse of America.
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
Anonymous Coward
User ID: 20889314
United States
11/15/2012 12:06 PM
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Re: US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
You guys keep your money in a bank? What is wrong with you? Cash your pay check and take it home. Pay cash for things.

Good luck using your debit card or credit card when the SHTF. Many found this out with Sandy. When real big problems occur they will freeze everything and you will not get at your money. Then what are you going to do??
 Quoting: Anonymous Coward 20889314


so then how do you pay your monthly bills like electric, gas, water, rent, mortagage, insurance, things that require a check to be sent out?
 Quoting: truth 10870676


I only leave what is required for bills in bank...not a penny more
 Quoting: smokahontas


That is exactly what I do as well.