This is exactly how this Liberal bail out gets paid for by America’s conservative middle class. It could be called a ‘tax’ but, they’ll call it anything but that.
“U.S. bank regulators announced a plan Sunday to fully insure all deposits at the two failed banks, including those above the $250,000 limit covered by traditional FDIC insurance. The additional protection will be paid for out of a special fund made up of fees levied on all FDIC-insured institutions.”
This is exactly how this Liberal bail out gets paid for by America’s conservative middle class. It could be called a ‘tax’ but, they’ll call it anything but that.
“U.S. bank regulators announced a plan Sunday to fully insure all deposits at the two failed banks, including those above the $250,000 limit covered by traditional FDIC insurance. The additional protection will be paid for out of a special fund made up of fees levied on all FDIC-insured institutions.”