That was then, this is now

Yesterday I blogged about the FDIC backed deflating dollar and the fraudulent banking system. It was early here in Ohio. Too early to get photos of the the IndiMac bank run in Pasadena California. Most of these souls are going to get their money back because they have less than $100,000 in that bank.

















The companies that have 10 or more employees and bank with IndiMac may lose their deposits over $100,ooo as their money is not insured higher than that amount.

It is likely that those companies will have to lay off their workers as they won't be able to pay them...resulting in a sort of domino effect. Loss of jobs, bankrupt companies.

It all seems to be winding down now. IndiMac wasn't even on a list of banks in trouble