On Tue, 22 Jul 2008 22:11:58 -0700, "azotic"
wrote:
snip
Of course not, congress will provide the cash to the FDIC and send the bill
to the
taxpayer as usuall.
snip
=========
Indeed. I am sure that no one will lose a single cent.

The problem is that when they get their money will it be worth
anything? Weimar Germany paid off the internal imperial war debt
after WW1 to the last marK, and no German lost a single pfenig.
Of course you couldn't buy a short beer with even a million mark
note, but thats another problem.....


Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).