Go back to your ‘love in’ at your california commune you shroom suckin’ left winger.[/quote]
A) Dupe, means duplicate post. Since we can’t erase posts I edited it and put Dupe in.
B) So if the Fed is a ponzi scheme why are you so proud you are protecting your US DOLLARS. After all they can print those at will.
As i pointed out before the FDIC insurance fund could be out of funds (they aren’t currently, the supposition is they could be in 2010) and that wouldn’t interfere with their ability to make good on bank deposits since they have a $100 billion LOC with the Treasury. Your opinion of the treasury secretary doesn’t change the fact that the FDIC still has the LOC.
Like i said, pulling your money out the bank make no sense having the opinions you clearly have. Dollars will be useless if what you think will happen, happens. Only guns, land, food and water would matter. Think nuclear winter or zombie apocalypse.
But yeah I’m the left wing hippy for pointing out, if your worried about what you are worried about… you are preparing for it wrong.
It is very hard (and expensive) to prepare for societal breakdown, since it hasn’t happened yet. Pulling money out of the bank really doesn’t do anything. I think reasonably prudent people can prepare for short stints (couple of weeks) of societal breakdown (earthquake, riots) and if something more happens well we are all screwed anyways.
