"F. George McDuffee" wrote in message
...
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]

It would also be a wonderfull way for the government to magicaly disapear
trillions of dollars on deposit in accounts and CD's containing over 100K
while telling those depositors how lucky they are to be covered by FDIC.

Best Regards
Tom.