For The Record

Sometimes when we hear speeches that sound good we tend to believe what is said. Too often that is a mistake.
FACT:
FDIC records show that 98.5% of the nation's depository institutions are community Banks. fdic.gov

FICTION:
Last night we heard " We can’t allow financial institutions, including those that take your deposits, to take risks that threaten the whole economy".

CLARIFICATION:
AIG is not a Bank. Lehman Brothers in not a Bank. Merrill Lynch is not a Bank. GM is not a Bank. Chrysler is not a Bank.