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So confused
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So if my 180,000 was not jointly held, then what?
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Roxanne
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So confused wrote: So if my 180,000 was not jointly held, then what? I've wondered about that, too. It's always amazed me that the FDIC has been at $100,000 for as long as I can remember. It has not been adjusted for inflation. Does anyone know why not?
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wray
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The article forgot to mention that our own C Schummer's big mouth caused this problem. We sure have them - Chuck Schumer and Chuck (3 rent-controled apartment) Rangel.
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jsd
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Schumer should be prosecuted for his actions. He is the one who caused the run on the bank by stating that the bank was in imminent danger of collapse.
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I guess he does his banking elsewhere.
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I would also guess he and all of his cronies got their money out before he opened his big yap.
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John McCain
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Judged:
2
1
IndyMac, Fannie Mae, Freddie Mac, Bear Sterns and soon Lehman Bros... 4,000 US dead, 100,000 Iraqis... Our national beer now brewed by Belgians (my wife cashes in) because the dollar is s** hit against the Euro... The price of oil triples with the idiot son of an oil man in the whitehouse. GM, goes from #1 auto maker to the verge of bankruptcy... Katrina, Walter Reed, "Mission Accomplished," Guantanamo, Spygate... Barbara and George Sr. just have to be brimming with pride over their little alcoholic! I know I am! And that is why I propose four more years of the same.
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omegaman
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Roxanne wrote: <quoted text>
I've wondered about that, too. It's always amazed me that the FDIC has been at $100,000 for as long as I can remember. It has not been adjusted for inflation. Does anyone know why not? Roxanne, you got to be a dumb ass to keep more than 100,000 in one bank.
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Gonzalestein
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What about chili-mac ?
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So it starts
AOL
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And this is how the Great Depression started. Some banker made a statement that the bank was going to crash. When everyone paniced fled to the bank to get their money the bank eventually did fail. Then boom... domino effect, they all failed because the panic spread. And this was due to these people who own a lot of the banks, aka The Federal Reserve Bank (a private company that prints and denotes how much our dollar is worth), getting a rise out of making many poor. Is history repeating itself again?
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roger
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So it starts wrote: And this is how the Great Depression started. Some banker made a statement that the bank was going to crash. When everyone paniced fled to the bank to get their money the bank eventually did fail. Then boom... domino effect, they all failed because the panic spread. And this was due to these people who own a lot of the banks, aka The Federal Reserve Bank (a private company that prints and denotes how much our dollar is worth), getting a rise out of making many poor. Is history repeating itself again? Funny how there is no mention of the fact that the rumor was not started by "some banker" but in fact the senior senator from New York- Chuck Schumer. In the depression ere (when the liberal favorite FDR ruled the roost) Schumer would be prosecuted for his actions. I cannot imagine Newsday would actually mention Schumer's irresponsibility - I mean heaven forbid they criticize good old chuck. Worst rag in the world.
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liner
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So confused wrote: So if my 180,000 was not jointly held, then what? Presto! You get your 100K back.
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Sorry but
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John McCain wrote: IndyMac, Fannie Mae, Freddie Mac, Bear Sterns and soon Lehman Bros...
4,000 US dead, 100,000 Iraqis...
Our national beer now brewed by Belgians (my wife cashes in) because the dollar is s** hit against the Euro...
The price of oil triples with the idiot son of an oil man in the whitehouse.
GM, goes from #1 auto maker to the verge of bankruptcy...
Katrina, Walter Reed, "Mission Accomplished," Guantanamo, Spygate...
Barbara and George Sr. just have to be brimming with pride over their little alcoholic!
I know I am! And that is why I propose four more years of the same. BINGO! This is probably the worst administration ever -figure-headed by the dumbest president ever - but ruled by the most disgusting vice president ever. Think of the state of the nation 8 years ago... and then read the paper today. The republicans wasted no time in destroying a healthy nation. Maybe it would help if republicans had more sex... it might curb their appetites for corruption and greed.
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MR OY
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Once again Schmuckie Chuckie sticks his nose in where it's not wanted. Now that this guy isn't kissing Hillarys b-u-t-t for a cabinet post he's on the rampage. All he looks out for is his rich buddies on the east end. How many times I have said we have to vote this idiot out. He's almost as bad as Piggy Pelosi. Matter of fact we should vote out ALL incumbents and get a couple of presidental candidates that want to protect the people. Have you heard any crying from Chuckie about this energy debacle? No it's just gimme, gimme. Trow da bum out!
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Concerned Citizen
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Hah Do you all remember when the other Bush's son was president of that bank that went under and no consequences? LOL Happy Days Are "NOT" Here Again .....
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Sorry but
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You guys are right. I didn't know Charlie Schmuck was (ir)responsible in his comments...
Newsday wins the rag award again for its omission. The paper does as well as any other... under a litter box.
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MaryMac
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Judged:
1
This concerns me has anyone heard from Bernie Mac?
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george
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Roxanne wrote: <quoted text>
I've wondered about that, too. It's always amazed me that the FDIC has been at $100,000 for as long as I can remember. It has not been adjusted for inflation. Does anyone know why not? Yes. Because long ago they anticipated the current crisis. Heads they win, tails you lose!
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george
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Judged:
1
So confused wrote: So if my 180,000 was not jointly held, then what? What happens is this. Instead of George Bush having had to raise taxes to pay for all the excesses in his administration. He just doubled the entire National Debt in 7 short years from $5Trillion to $10Trillion. This way, without the taxpayers noticing it, we have paid for all the illegal aliens, cradle to grave drug addicts on methadone covered in tattoos who will never be required to work a day in life, yet receive a Government check. It pays for all the AIDS aid to Africa, etc., etc., etc. and all other wastes of money. Now the money you lose in the bank over $100,000 is the actual "tax" that you will have to pay when it all hits the fan. Which is about now.
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Jim
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george wrote: <quoted text>What happens is this. Instead of George Bush having had to raise taxes to pay for all the excesses in his administration. He just doubled the entire National Debt in 7 short years from $5Trillion to $10Trillion. This way, without the taxpayers noticing it, we have paid for all the illegal aliens, cradle to grave drug addicts on methadone covered in tattoos who will never be required to work a day in life, yet receive a Government check. It pays for all the AIDS aid to Africa, etc., etc., etc. and all other wastes of money. Now the money you lose in the bank over $100,000 is the actual "tax" that you will have to pay when it all hits the fan. Which is about now. Let's not forget his 50 billion a month war to protect his oil investments, the sweetheart deals to Halliburton and the money to keep Guantanamo open. Those things were not for free, were they?
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Juan DaFreebies
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John McCain wrote: IndyMac, Fannie Mae, Freddie Mac, Bear Sterns and soon Lehman Bros...
4,000 US dead, 100,000 Iraqis...
Our national beer now brewed by Belgians (my wife cashes in) because the dollar is s** hit against the Euro...
The price of oil triples with the idiot son of an oil man in the whitehouse.
GM, goes from #1 auto maker to the verge of bankruptcy...
Katrina, Walter Reed, "Mission Accomplished," Guantanamo, Spygate...
Barbara and George Sr. just have to be brimming with pride over their little alcoholic!
I know I am! And that is why I propose four more years of the same. Muchas gracias, seņor McCain.
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Long Island
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Best thing to do folks is manage your own money - educate yourself and don't be so eager to trust anyone.
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