By Michael F. White CMPS™
We don’t need politics. We certainly don’t need a bail out of any kind. We need solutions. Here is a plan that can help get us back to where we need to be by providing investment and a plan.
There are three major challenges that are the root cause of where we are. The fall of home prices and a series of bad loans on residential properties clog the banks and their balance sheets, and the lack of confidence that bank deposits are secure.
First thing that needs to be done is to remove limits from FDIC insurance on all insured accounts. We either have confidence in our banking system or we don’t. Remove the limits and restore confidence by depositors.