And just to make it even worse... we are a daylight-savings hour shorter to tomorrow's day of wrekoning than normal. Oh my...
Of course that's true. We are an irrational species. But it's ridiculous nonetheless, so long as you have less than 250K deposited. And even if your deposit is above that, and why would it be?, you have a some chance of coming out whole.
what are you talking about? are you so poor to not realize that many people and organizations have more than 250k in a bank?
And even if it were Goldman or Chase you'd have no worry below 250K. The U.S. has virtually unlimited ability to provide liquidity... The limit is the total of global U.S. "debt" which can be converted to bank reserves as the federal reserves sees fit. The problem would be inflation.(Remember the Federal Reserve can not create any new "outside" money with out Congresses approval. Treasuries are money already created! U.S. "debt" is a liability of the Treasury and a promise to create as much bank reserves in the future as the total value of outstanding debt instruments. This is no problem technically, but of course there are practical considerations such as inflation --- not to mention the 800 lb elephant, PRODUCTIVITY!!!.
If you have it in the form of demand deposits that's rather poor money management I would think. Personally, I'd fire that money manger. Have you heard of Treasury Bills?