The Mudcat Café TM
Thread #173649   Message #4213492
Posted By: Donuel
14-Dec-24 - 09:26 AM
Thread Name: BS: Let's talk about the US election
Subject: RE: BS: Let's talk about the US election
Another surprise and trick would be the elimination of FDIC so that runs on Banks would create a desperate population and nationalization of banks so that the powerful could steal while blaming the banks.

FDIC has worked perfectly since 1930. Ask yourself why Trump wants to get rid of it now when it would only make poor people penniless.
https://nypost.com/2024/12/13/business/trump-aides-mull-abolishing-fdic-as-part-of-deregulation-spree/