Wednesday, September 17, 2008

Don't Worry... Your Money Is Safe

Right?

Well, hell yes, my money is insured by the FDIC duuude...

Turns out the FDIC is running out of money , the money they use to protect your bank accounts.

For those who still don't get it, our money system is collapsing. Your money isn't safe, and your stocks and bonds are turning into toilet paper, as the few individuals and organizations that precipitated this disaster try to plug the giant holes in this sinking ship to give them time to head for the lifeboats, using - of all things - your money and your creditworthiness. And guess what? There's only enough lifeboats for them.

Look at Russia today... they have shut down their entire money system for the second day in a row.

The financial policies we have been following for years have been short-term policies good at the time, but disastrous in the long term.

Well, the long term has arrived, and nobody has what it will take to pay the piper, and by the time the general public finally knows who is responsible for all this, the sons-of-bitches will be long gone and unreachable... with untold billions of our dollars.

Forget trying to save the ship folks, just hope the water isn't too deep... because we're all going to take a swim.

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