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Latest Discussions»Culture Forums»Personal Finance and Investing»I moved my Social Securit...»Reply #8
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Personal Finance and Investing

In reply to the discussion: I moved my Social Security account out of banks and into Direct Express. This is supposedly an [View all]

snappyturtle

(14,656 posts)
8. From my understanding the FDIC is grossly under funded....way more deposits
Reply to TreasonousBastard (Reply #2)
Sun May 10, 2015, 05:49 PM
May 2015

in the system than could be refunded if there is a massive collapse of the banks.



Google Ellen Brown....she has talked extensively on this topic.

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I moved my Social Security account out of banks and into Direct Express. This is supposedly an [View all] jwirr May 2015 OP
You can either request a prospectus from the bank directly.... A HERETIC I AM May 2015 #1
Why do you care? If for some ethical issue... TreasonousBastard May 2015 #2
It is very much about not wanting to support the robber barons. jwirr May 2015 #3
From my understanding the FDIC is grossly under funded....way more deposits snappyturtle May 2015 #8
That's commonly known, but if things get that bad... TreasonousBastard May 2015 #9
I disagree that it is "commonly" known. The banks scare the hell out of me... snappyturtle May 2015 #10
Are you needing your SS to live on? SheilaT May 2015 #4
Thank you. I do use it to live on every month. They give me a credit card and I pay my expenses jwirr May 2015 #5
Are there any fees attached to the card? SheilaT May 2015 #6
Not any to be a problem. $.75 for a copy of the statement. My original question was because I jwirr May 2015 #7
Latest Discussions»Culture Forums»Personal Finance and Investing»I moved my Social Securit...»Reply #8
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