This is a topic that I’ve been struggling to try and write about, because it is simply over my head. Actually, it’s probably over many people’s heads. However, I FINALLY found an article over at Blueprint for Financial Prosperity that will help explain everything. You can take a look at that article [here]. In addition, they are keeping the article up to date as things progress.
One item that I did note is that the bill has now passed. Included in the bill was an increase of the FDIC’s deposit insurance from $100,000 to $250,000, which I had mentioned the proposal for in a previous article.
I’ll have to make time to read that article later