Posts Tagged ‘FDIC’
Good News: Firearm dealers removed from FDIC “high risk” category
This was one of the Obama administration’s attacks on the firearm industry bypassing the normal legislative process. In-other-words, President Obama used his phone and pen to tell the Federal Insurance Deposit Corporation (FDIC) to put firearm dealers on a list of “high risk” businesses banks should avoid. Banking is heavily regulated by the federal government, and…
Read MoreFeinstein, $25 billion, and her husband’s company
In today’s “can we make the problem any more obvious” file, we have Sen. Diane Feinstein introducing legislation to send $25 billion in tax dollars to the Federal Deposit Insurance Agency (FDIC) who days before provided her husband’s company a lucrative contract to sell foreclosed properties. The Washington Times thought this was a pretty interesting…
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