Le Jacquelope
Loves Spam
- Joined
- Apr 9, 2003
- Posts
- 76,445
Just like the General Board, this place is packed with people who completely do not comprehend the clearest written English, who go totally off topic and attack you based on stuff you didn't write, and spout "principles" that every day people would totally consider to be crazy. Principles you don't even hear people espousing because it's so ridiculous.
It is logically impossible for
Totally impossible. It's off topic.
But somehow that's how things get taken.
The answer is, "Well, if the FDIC didn't exist, none of that $100K is covered at all."
I'd love to get you guys from behind that computer screen in front of a college podium and watch you respond to THAT opening statement with THAT response.
Phew.
It is logically impossible for
to mean the answer is "Well, anyone who doesn't know by now that only the first 100K is issued by the FDIC, should know better."Okay, so who wants to get rid of the FDIC?
And if the FDIC didn't exist, how would we help people like Debbie Ingham who had $120,000 in the bank before this Andrew McCain (adopted son of John McCain)-run bank shut down? She participated with good faith in the market, and now $20,000 of her hard earned money is gone.
Libertarians would have abolished the FDIC and Debbie Ingham would have lost all $120,000 of her money.
Totally impossible. It's off topic.
But somehow that's how things get taken.
The answer is, "Well, if the FDIC didn't exist, none of that $100K is covered at all."
I'd love to get you guys from behind that computer screen in front of a college podium and watch you respond to THAT opening statement with THAT response.
Phew.