Ball Of Confusion

Fearing Bank Failures, FDIC Raises Fees; Move Seen Likely To Increase Bank Failures; Fearing Additional Failures, FDIC To Raise Fees; Lather-Rinse-Repeat
Private investigators, lawyers and whores (sorry for the redundancy) will all tell you, “When in doubt, follow the money.”
Let’s give that a shot with regard to the current banking mess, shall we?
We’ll walk through the whole process step-by-step — but, hold on, you might get a little dizzy…
Step One: The Federal government decided everyone was entitled to a house regardless of whether they could afford it and drafted a bunch of laws and regulations, such as the Community …read more