Added on Sep 5, 2013
Length: 12:52 | Comments: 0
People think that money is safe in the big banks because the FDIC will protect the deposits. This assumption is not based on the facts. This video will show official government documents that describe the plans for confiscating deposits when, (not if) a big bank fails. Individual, as well as public funds from municipal, university, county deposits are at serious risk.
Channels: Money & Politics
Tags: money is not safe in the big banks, monetary, economy, fiscal responsibility,