This from the Consumerist:

At the end of 2008, the FDIC’s insurance fund ratio was 0.40% of all insured deposits, far below the minimum 1.15% mandated by Congress.

But, don’t panic. The Chinese still want to lend us money.

I’m sorry – what? They’re starting to buy fewer treasuries and more oil futures. Well, that’s not going to help us at all.

Oh bother.