Posted by ConfoundedSociety at 11:34 p.m. April 03, 2011

Gee, the government tried to micromanage something and didn't take into account every possible way it might backfire. Color me shocked.

Posted by armyofJZ at 04:36 p.m. April 06, 2011

What happened to Obama not bailing out big businesses and banks. Oh, that's right, he ran on the premise of Change, but he forgot to mention that as soon as he got the presidency, he was going to Change the platform he ran on. Guantanamo's still open, KSM is getting a military trial, We're still in Iraq and Afghanistan, He's bailed out and given millions to corporations, He's put lobbyists, corporate cronies, socialists, and tax dodgers in his administration, He engaged in military action without consulting Congress, He tripled down on Bush's ridiculous spending in just his first year, He gave the go ahead on the extension of The Patriot Act and is trying to expand it to include wire-tapping internet and e-mail accounts, He still has not secured the border and we find out that his administration basically gave guns to Mexican cartels through a supposed sting operation gone horribly wrong,....Seriously, I could go on for forever and a day on how he has Changed since he started campaigning in 2007-08. I guess it's the only Change we can believe in :-p

Posted by OneMan at 07:27 p.m. April 06, 2011

If Obama was the answer, then how stupid was the question? Nice bumper sticker....

Posted by fairlycrazy23 at 02:02 p.m. April 11, 2011

I haven't really heard too much about this, but it seems criminal, or at least you would think Congress would want to reign in the FED, after all the FED 'minted (electronically) ' us currency to buy this bail out foreign banks.

Posted by luv2laf1 at 04:17 p.m. November 08, 2011

I am a former employee of a recently failed community bank, which upon failure was acquired by another bank. In anticipation of the bank failure and a desire to provide employees with continuous health insurance coverage, the bank's board of directors approved to advance pay 3 months premiums for employee group health insurance. Upon the board's approval and prior to the bank's failure, the FDIC accepted the decision for the advance payment of health insurance premiums. Within a week of the bank's failure, the FDIC recalled the payment of health insurance premiums and failed to notify the former bank employees of this termination of coverage prior to the date of termination. Is it lawful that the FDIC can recall health insurance premiums that were paid prior to the failure? Health insurance premiums that were prepaid were not an asset of the bank, nor were they an unpaid expense upon failure! Where did the recalled premiums go? Do we have any rights or protection from any of this?