Ok, you're confused here. Something can be an outrage, and something can cause outrage. The question "where's the outrage?" isn't "Where's waldo, see if you can spot an outrage", rather "why aren't people outraged!?".
Also, when the FDIC takes control of a bank, the shareholders of the bank are basically fucked. They lose their money, it isn't a bailout. The FDIC insures YOU against the fatcats, preventing them from blowing your money and leaving you destitute.
Finally, everyone knows that 100k is how much is ensured, and you should also know that that limit is per institution, so you can put money in 80 different banks and have 8M effectively insured.
There are all sorts of issues with the banking system, but it is fairly decent. It is certainly not some dystopia dreamed up by left wing conspiracy theorists (nor right wing, like ron paul).
Also, when the FDIC takes control of a bank, the shareholders of the bank are basically fucked. They lose their money, it isn't a bailout. The FDIC insures YOU against the fatcats, preventing them from blowing your money and leaving you destitute.
Finally, everyone knows that 100k is how much is ensured, and you should also know that that limit is per institution, so you can put money in 80 different banks and have 8M effectively insured.
There are all sorts of issues with the banking system, but it is fairly decent. It is certainly not some dystopia dreamed up by left wing conspiracy theorists (nor right wing, like ron paul).