Another very interesting tidbit reported by the news today is that FDIC is about out of money because so many banks have gone belly up that bailing them all out has become a drain on their funds. Oh yeah? And what about my money which is supposedly "insured" by FDIC?

"They" say "don't worry, your money is still safe." Uh huh. They can just print some up. But, if anyone thinks that money is going to remain cheap in regards to interest rates, you are living on another planet. If you want to borrow money, better borrow it now. Oh yeah, I forgot, credit is tight. And what about when money is at 8% or higher interest? I'm sure there will be plenty of money to borrow, and no one who can afford it.

So should we go take our money out of the bank out of fear that it isn't really as safe as it seems? I don't know. Maybe we should.