Weekend Economists Ask: R WEE Donne? January 8-10, 2016

[snot]

19. Thx, but it's not a practical solution for our lives' savings.

The thing is, I'm pretty cynical, but even I am shocked at this article; and it's somewhat harder to take in when it's coming from so few sources. I looked at one or two of the sources quoted in the article, and one of them wasn't really about the same point(s); i.e., the quote was excerpted and used in a way that was, at least to me, slightly misleading. That may have been unintentional . . . . and I've found very little else online that's directly on point.

Here are links to what I did find:

http://seekingalpha.com/instablog/693913-andrew-sachais/3068725-fdic-coverage-and-dodd-frank-what-it-could-mean-for-your-deposits - FDIC Coverage And Dodd Frank – What It Could Mean For Your Deposits
{by Andrew Sachais}
Jul 15, 2014 5:30 PM

http://www.nakedcapitalism.com/2013/03/when-you-werent-looking-democrat-bank-stooges-launch-bills-to-permit-bailouts-deregulate-derivatives.html : When You Weren’t Looking, Democrat Bank Stooges Launch Bills to Permit Bailouts, Deregulate Derivatives
Posted on March 19, 2013 by Yves Smith

I was just hoping others with more expertise could confirm or refine what the article seems to say.