Saturday, February 28, 2009

FDIC Fee F***

I believe the appropriate and accurate term is chutzpah:

"The
industry's biggest trade group said the new insurance fees would place an extra burden on the nation's banks and thrifts"

WTF? They JUST GOT BILLIONS upon BILLIONS! TRILLIONS in fact!!!!


"FDIC raises bank fees" by Associated Press | February 28, 2009

WASHINGTON - Facing a cascade of bank failures depleting the deposit insurance fund, federal regulators yesterday raised the fees paid by US financial institutions and levied a hefty emergency premium in a bid to collect $27 billion this year.... The industry's biggest trade group said the new insurance fees would place an extra burden on the nation's banks and thrifts.

Oh, I SEE! They can take BILLIONS of TAXPAYER MONEY but they will NOT INSURE TAXPAYER DEPOSITS; however, they WILL COVER AIG''s LOSSES!!!!

I guess INCREASED FEES and TAXES are ONLY GOOD for the SHIT-EATING RABBLE to we can throw taxpayer money at favored interests.

--more--"

These bankers, they just don't see it, do they? You can slap a tyranny down on us, government, but the people will be taking some heads as they go down.

This lot of lying looters is first on the list.