Tuesday, July 15, 2008

DON'T BANK ON IT!

Ye-Gads! I go on a little vacation and come back to a banking crisis! What's going on? Yesterday, I heard on the news a couple of large banks were failing in another state but the FDIC had them covered. Then the news went on the point out that there were over 100 banks on a list of banks the government was concerned about right now. That's a pretty scary thought. Although they followed it again with the statement that the FDIC backed up all your personal accounts to $100K. I just have one question? Who is backing up the FDIC? (Yah, kind of makes you want to bury your money in the back yard, doesn't it?) :}

P.S. WHERE'S RONALD REAGAN WHEN YOU NEED HIM?

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