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I do asshole. OldTrader

Good trade. OldTrader

Right now it all has to do with AIG. Rate cuts or lack thereof are irrelevant. OldTrader

FDIC was created in January, 1934. Help us all out here hydroblunt....who was the "precursor"? LOL. OldTrader

I saw your response, and what you responded to. My comments stand. LOL. OldTrader

yeah, I saw her last night. Yikes. OldTrader

The point is that the op/ed piece you've linked has no comments by George Will et al. That's the point you highlighted in the article, and you used in your title. In other words, you've stressed something that is not verifiable at this point. So what we now have is David Brooks making a...

I heard the report. I don't recall him "quoting a fed source". Rather, the story was about a "source" mentioning some government involvement. OldTrader

I'd say the market doesn't it lend itself right now to tight stops. A function of volatility. OldTrader

I watched George Will over the weekend. And Krauthammer in the last few day. There was no comment of this type at all. I gotta question this article. The fact that it was posted by you heightens my skepticism. OldTrader

Don't ever try to buck a Regal signal. LOL. OldTrader

The bottom line is that the President is elected for 4 years. There is no provision that says he should stop making decisions at some point prior to the election. Makes no difference to me who wins. One thing we know for sure though is that Obama isn't authorized to make any decision at all...

I suppose you find it impossible that the investigation is being pushed by Democrats eh? My understanding is that they don't have authority to do the investigation. OldTrader

What does all this have to do with FDIC and whether it pays off for amounts up to $100K? LOL. You're a complete moron. OldTrader

I guess you're talking about this: http://www.fdic.gov/consumers/consumer/news/cnspr06/leadstory.html Amazing how your info always seems to be wrong. OldTrader

Right. The government will simply print the money, if it's necessary. That may result in lower dollar, higher gold, more inflation, etc etc. But, there won't be a "default" by FDIC. OldTrader

That wasn't the question though. The question was whether "the banking system was safe and sound". I said it was up to $100K. Now, if the market is "scared" as you say, fine. That has nothing to do with whether FDIC will pay off a claim up to $100K. You need to address the issue...not...

"A scared person pulling out" has nothing to do with whether the Federal government will pay it's obligations. OldTrader

Have you ever seen the Federal government of an agency of the Federal government, default on any type of obligation? One example will suffice. OldTrader

Because he's Commander in Chief? LOL. Was Obama authorized by Congress to negotiate shit? OldTrader