Reply To: Socialism?

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#74355
Citan001
Participant

As for them taking my money as it stands now there is not much I can do or anyone else for that matter. If they banks fail they fail and FDIC only covers up to so much. 100k I think. I dont keep my money in the bank anyways I keep them in something much more stable and secure and that is real estate. Im fixing to have my best year ever with my assets grown from 8.2mil to 8.9mil. if things keep going the way they are. Banks in general fail because they take your money and lend it to someone else and hope they get it back to pay you back. Alot of banks all of a sudden are insolvent because they lent to much. The government im sure can do a much better job of running our big banks they the ceos do. Its a little sad that they take 16mil a year for running it and they drive it into the ground. The only way to win in the middle east is to really do scorched earth. No one will drop any nukes on anyways because it would mean instant death for them and they all know that. The us knows this too thats why we have em but we will never use them. Its like a cop we all know he has a gun but chances are he will never even pull it out infront of us.