Posted:
#1
I normally don't even bother to start topics but this stuck out to me when watching the debate last night. Kasich was asked about what he'd do in regard to depositors if a bank ended up becoming insolvent. He said that they should be able to separate the people who can handle it from the smaller ones who can't. Then the crowd booed.
I'm confused. It's a bad thing for FDIC to exist? People used to have such little trust in banks because they worried their money wasn't really secure. If I misunderstand the topic, I more than welcome someone to educate me as to why I'm wrong. I kind of figured this was a bipartisan thing people agreed on.
I'm confused. It's a bad thing for FDIC to exist? People used to have such little trust in banks because they worried their money wasn't really secure. If I misunderstand the topic, I more than welcome someone to educate me as to why I'm wrong. I kind of figured this was a bipartisan thing people agreed on.
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