April 15, 2013 0

California Democratic state convention and Grover Norquist

By News Desk

Tweet My two activities this weekend were to listen to the podcast of Grover Norquist speaking to the Commonwealth Club  and attending the annual California Democratic Party convention in Sacramento. Norquist played up the libertarian angle, probably a smart move when a conservative addresses a liberal crowd.

April 14, 2013 0

Five Alternatives to FDIC "Insured Deposits"

By News Desk

What alternatives to “FDIC insured deposits†are out there so we can protect our money?  I’m a daily huge fan and thanks for all your wonderful work. Sam P In the US, I do believe deposit insurance will be honored, but it shouldn’t be, at least on interest bearing accounts. And the only way deposit insurance could realistically work on non-interest bearing accounts was if there were regulations that banks could not lend deposits available on demand (checking accounts)