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Re: FoodStamps4stocks post# 5234

Tuesday, 04/20/2010 8:09:00 PM

Tuesday, April 20, 2010 8:09:00 PM

Post# of 5731
Bankrupt Empire

By Doug Bandow

The FDIC shut down a record 140 banks last year and is running low on cash. Last year the Pension Benefit Guaranty Corporation figured its fund was running a $34 billion deficit. Federal pensions are underfunded by $1 trillion. State and local retirement funds are short about $3 trillion.
http://www.informationclearinghouse.info/article25262.htm

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