Watch Glenn Beck's interview with Communist Party USA Chairman Sam Webb- http://www.youtube.com/watch?v=OxG98hNSDQI
Thank you for sending the link, Daniel!
Tuesday, March 10, 2009
Sunday, March 8, 2009
Here is a link sent by one of my worldview students. It seemed apropos because we have just finished studying 1984 and Animal Farm. It is a short cartoon lampooning communism. Thanks, Zach!
http://www.youtube.com/watch?v=6HIavxnUHls&feature=related
http://www.youtube.com/watch?v=6HIavxnUHls&feature=related
Thursday, March 5, 2009
FDIC Chief Fears Fund Insolvency
WASHINGTON — The head of the Federal Deposit Insurance Corp. has warned that the fund insuring Americans’ bank deposits could be wiped out this year without the money the agency is seeking in new fees from U.S. banks and thrifts.
FDIC Chairman Sheila Bair acknowledged, in a letter this week to bank CEOs, that the new increased fees and hefty emergency premium the agency voted to levy last week will bring a “significant expense” to banks. But given the accelerating bank failures that have been depleting the deposit insurance fund, she said, it “could become insolvent this year.”
ASSOCIATED PRESS
WASHINGTON — The head of the Federal Deposit Insurance Corp. has warned that the fund insuring Americans’ bank deposits could be wiped out this year without the money the agency is seeking in new fees from U.S. banks and thrifts.
FDIC Chairman Sheila Bair acknowledged, in a letter this week to bank CEOs, that the new increased fees and hefty emergency premium the agency voted to levy last week will bring a “significant expense” to banks. But given the accelerating bank failures that have been depleting the deposit insurance fund, she said, it “could become insolvent this year.”
ASSOCIATED PRESS
Subscribe to:
Posts (Atom)