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Did anyone just see that propaganda about the FDIC bailout on M$NBC?

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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 02:14 PM
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Did anyone just see that propaganda about the FDIC bailout on M$NBC?
It's a good thing. Really! That's what they said! The agency that guarantees all our deposits up to $250.000 needs a bailout and M$NBC spins it as a good thing! The fact that the FDIC now needs to borrow from the Treasury (read: taxpayers) to insure deposits is the kind of thing that could spark runs on the banks. But, naaaahhhhh! That'll never happen because if it did the talking heads "would all be standing in a bread line."

Amazing.



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