FDIC

Gary North (GN) has a 30 August 2008 post about the FDIC, calling it the "Federal Deposit Illusion Corporation" at Lew Rockell.com. I agree with every word GN wrote. Here's a link: http://www.lewrockwell.com/north/north649.html. One quote, "In the name of protecting depositors, it protects bankers". Amen! See also my 9 June 2008 post.