You are not considered a DEPOSITOR, you are a CREDITOR. The money in your account is considered A LOAN to the bank. If they go bankrupt and if FDIC fails, you lose your money. READ MORE…IF THE BANKS ARE INSOLVENT
Will FDIC keep protecting bank failures?
The existence of the “no depositor loss unless absolutely unavoidable” practice is quite evident by contrasting the FDIC’s failed-bank resolutions before the IndyMac failure with its resolution practices since then.
Of the 127 banks and thrifts that failed from Jan. 1, 1993, to the last bank that failed before IndyMac was closed, just 39 of those failures were resolved through a P&A transaction.
For the other 88 resolutions, uninsured depositors suffered a loss because only insured deposits were paid off in full or another bank purchased or otherwise assumed just the insured deposits of the failed bank, leaving the uninsured deposits behind, in the failed bank’s receivership.
From the perspective of deposits, 71% of the total deposits of the 127 failures were in institutions where uninsured depositors suffered a loss, while 29% of the deposits were in institutions resolved through a P&A that fully protected uninsured depositors from any loss whatsoever.
The post-IndyMac resolution experience has been starkly different. Since IndyMac, there have been 522 failures, excluding Washington Mutual. READ MORE….
VLA Comment: You have just witnessed the foundation for legislation for vaccinating homeschool children. Note also, that Bill Gates, for years, has been buying up homeschool programs and installing Federal Core Curriculum
MOVE OFF THE COASTS TO RED MIDWEST STATES
The Democrats are moving this across the nation states.
Republicans are resisting hold faith in parental rights and religious freedom.
Ameer was expelled even after his life-long treating pediatric neurologist submitted a medical exemption to the school. He was expelled because the New York State Department of Health opined that the medical exemption should be denied.
VLA COMMENT: Apparently NY is following California who passed a law restricting medical waive where as a bureaucrat in the health dept gets to simply over ride a family’s physician and in this case a specialist.
This video summarizes the preliminary results of our analyzes, presented to the conference organized by the Italian National Biologist’s Chamber on January 25, 2019. After this public event, many of the preliminary results were confirmed with certified standard controls and inter-laboratory analysis, plus one was object of a notification to the police office responsable for the control of defective drugs on the market.
I’ve been asked to compile a list of socialists and communists in Congress. A friend of mine was challenged to name “even two socialists in Congress.” Altogether, if you add in Islamist connections I think about 100 members of the House of Representatives would struggle to pass a low-level background security check..but guess what? There are no security checks in Congress.
Here’s my list of 50 of the most obvious socialists in the House, with links to my website Keywiki for the backup evidence. Apologies to the many I’ve omitted. Please email me at trevor.newzeal @gmail.com if you’d like to be included in future lists.
Raul Grijalva (D-AZ) Has worked closely with the Communist Party USA since at least 1993. A self-described “Alinskyite.” Traveled to Cuba in 2015.
Ami Bera (D-CA) Has used Communist Party USA campaign volunteers in 2010, 2014 and 2016. Also close to Democratic Socialists of America.
Nancy Pelosi (D-CA) Very close to several key Communist Party USA allies in San Francisco in the 1970s and ’80s. Also some involvement with Democratic Socialists of America.
Barbara Lee (D-CA) Lee has been close to the Communist Party USA for decades. In the 1990s she was a leading member of the Communist Party spin-off Committees of Correspondence. Has been to Cuba more than 20 times.
Ro Khanna (D-CA) Very close to Democratic Socialists of America.
Salud Carbajal (D-CA) Long history with Democratic Socialists of America members.
Judy Chu (D-CA) Was heavily involved with the now-defunct pro-Beijing Communist Workers Party in the 1970s and ’80s. Still works closely with former members today. China’s best friend in the US Congress.
Raul Ruiz (D-CA) Worked closely with Workers World Party members in Massachusetts in the late 1990s.
Karen Bass (D-CA) Was actively involved with the Marxist-Leninist group Line of March in the 1980s. Still works closely with former members. Mentored by a leading Communist Party USA member. Also close to Democratic Socialists of America and some Freedom Road Socialist Organization members. Has been to Cuba at least 4 times.
Maxine Waters (D-CA) Long history with the Communist Party USA. Also ties to some Communist Workers Party and Workers World Party fronts. Has employed staff members from Democratic Socialists of America and League of Revolutionary Struggle.
Joe Courtney (D-CT) Has worked closely with several Communist Party USA leaders.
Rosa DeLauro (D-CT) Has worked extremely closely with the Communist Party USA for many years. Traveled to Cuba in 2014.
Jim Himes (D-CT) His 1988 thesis “The Sandinista Defense Committees and the Transformation of Political Culture in Nicaragua” was a sympathetic portrayal of Marxist government’s civilian spy network. Has worked closely with one Communist Party USA front group.
Kathy Castor (D-FL) Has worked closely with Cuba and pro-Castro organizations to open US trade with the communist island.
John Lewis (D-GA) Worked closely with the Communist Party USA and Socialist Party USA in the 1960s. In recent years has worked with Democratic Socialists of America members.
Tulsi Gabbard (D-HI) Has worked with Democratic Socialists of America members through her political career. Ties to some Filipino-American “former communists.” Worked with Communist Party USA affiliated former Congressman Dennis Kucinich to defend Soviet-Russian puppet Syrian leader Bashar-al-Assad.
Bobby Rush (D-IL) Former leader of the Maoist-leaning Black Panther Party. Has worked closely with Communist Party USA and Democratic Socialists of America. Has traveled to Cuba twice.
Jesus “Chuy” Garcia (D-IL) Has worked closely with the Communist Party USA for nearly 40 years.
Danny Davis (D-IL) Was a member of Democratic Socialists of America in the mid 2000s. Has worked closely with the Communist Party USA since the 1980s. Also close to Committees of Correspondence in the 1990s.
Jan Schakowsky (D-IL) Was a member of Democratic Socialists of America in the 1980s and has continued to work closely with the organization. Has also worked closely with some Communist Party USA members.
Dave Loebsack (D-IA) has worked closely with Socialist Party USA and
Democratic Socialists of America members for many years.
John Yarmuth (D-KY) has worked with Committees of Correspondence for Democracy and Socialism members. Traveled to Cuba in 2011.
Jamie Raskin (D-MD) has worked closely with Democratic Socialists of America for many years.
Jim McGovern (D-MA) has supported Latin American socialist and revolutionary groups for 20 years. Has traveled to Cuba at least three times.
Ayanna Pressley (D-MA) Has been endorsed by Democratic Socialists of America. Worked with Freedom Road Socialist Organization front groups and with the pro-Beijing Chinese Progressive Association in Boston.
Andy Levin (D-MI) Close to Democratic Socialists of America for at least a decade.
Betty McCollum (D-MN) Close ties to communist Laos. Has worked with Democratic Socialists of America members. Traveled to Cuba in 2014.
Ilhan Omar (D-MN) Supported by Democratic Socialists of America- controlled groups Our Revolution and National Nurses United. Reportedly a self-described “Democratic Socialist.”
Bennie Thompson (D-MS) Was close to the Communist Party USA for many years. Also supported one Communist Workers Party organization. Traveled to Cuba in 2000 and worked with Fidel Castro to train leftist American medical students in Cuba.