posted on Mar, 7 2009 @ 05:38 PM
For the time being, it doesn't matter what bank you keep your money in, provided your balance is not more than what is FDIC covered. The day the
FDIC fails will be the day the US dollar dies. If you do use banks, split your deposits between at least two, that way all your eggs aren't tied up
if one basket should crash.
And, as other have suggested, yeah, screw banks, credit unions are the way to go. I've been with the same credit union since 1980, and I've never
had any other kind of bank account.
Credit unions are simply financial co-ops. I like co-ops. Everything should be a co-op, including where we work (meaning, all businesses should be
employee owned, with the original owner of course retaining 51% of the business ownership for his or her part and risks of establishing it). Imagine
if we all earned, in addition to our salaries or hourly pay, a piece of the pie we are helping to create? This would solve peoples retirement issues
Support co-ops, such as credit unions. Screw the banks, we don't need them, and they are nothing but scams that loan out fake fiat wealth in hopes
of being paid back by your blood, sweet, and tears.