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Trump’s DOGE Team Is Asking Potential Appointees If They Can Abolish the FDIC (truthout.org)

submitted 5 days ago by [email protected] to c/[email protected]

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[–] [email protected] 6 points 4 days ago (2 children)

Do you want bankruns? Because this is how you get bankruns.

I know if I think this is going to happen I'll be closing my bank account immediately.

[–] [email protected] -2 points 4 days ago (1 children)

Worse case scenario I lose ~$1000, billionaires lose billions and the banks that are “To big to Fail” Fail. I see this as an absolute win with a 1000 margin of error acceptable losses.

[–] [email protected] 3 points 4 days ago* (last edited 4 days ago)

And people like me lose everything and starve because we can't get our meds and food. Absolute win my ass