So far, today, banks 125 and 126 have failed -- both in Georgia. I bet all those good "Conservatives" in Georgia would be happy if the damned Federal Gov't hadn't formed the FDIC -- it's an intolerable intrusion into the rights of people ---- insuring their bank deposits, protecting them against loss.
Shouldn't they allow the all-knowing, all seeing, "marketplace" decide?
Protecting folks against the mistakes of others ---- SHEER FOLLY!
Let them go down the tubes, as did their grandparents, and great-grandparents before them!
This is the End and a New Beginning
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I've been thinking about this for some time.
After 21 years of writing this blog almost daily, I've decided to stop
writing the daily updates on the blog.
...
2 weeks ago
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