Q-and-A

 1. This chatter from the FDIC to make 'big' banks pay a special assessment?

What the FDIC said was that it was going to 'save' the $250,000 in the two banks that failed, and it was beyond the funding of FDIC.  What the FDIC failed to say....where the extra money would come from or what this special assessment would amount to, or clearly define 'big'.

Just a billion or two with the incoming assessment?  I would imagine that it gets up into the 10 to 20 billion a year....so you'd have to have fees set up....where big account people would pay for services.  I'm just guessing here but if you were with some 'big' bank and had a 40-million account...maybe all in a CD....you'd probably pay a quarter-million a year for fees (over what you pay now).  

Would people cooperate?  I have my doubts.  This might be the point where you took big cash to Canada, or some digital-money situation.  

But here's the thing....FDIC will cover the folks in big banks with accounts over $250,000....which is something that you never thought they'd do.

2.  Republican Senators talking up draft to ID drug cartels as terror organizations?

Won't pass....don't worry.  One day....it will occur, and some 'war' will start up across into Mexico, and the cartels will come to visit various states with attacks on politicians.   Then our whole fractured society will fall into disarray....having a massive war in Mexico and along the border....over drugs (nothing else).