The real impetus for America entering the Industrial Revolution was the passage of the Embargo Act of 1807 and the War of 1812. Americans were upset over an incident with the Chesapeake whereby the British opened fire when they were not allowed to search the ship. They also seized four men and hung one for desertion.he real impetus for America entering the Industrial Revolution was the passage of the Embargo Act of 1807 and the War of 1812. Americans were upset over an incident with the Chesapeake whereby the British opened fire when they were not allowed to search the ship. They also seized four men and hung one for desertion.
What is Protected By the FDIC. In general, most deposit accounts are protected by the FDIC. Checking accounts, savings accounts and CDs are generally protected. Interest bearing deposit accounts are protected in the amount of at least $250,000. It is important to note that this $250,000 is an aggregate amount for each bank; all of your accounts at a single bank are added together to get this amount.
Google Wallet funds are now FDIC insured, says report. If you happen to keep money in your Google Wallet account, your cash is now protected. According to a statement provided to Yahoo Finance, Google is now storing Wallet funds in banks insured by the FDIC (Federal Deposit Insurance Corporation). That means if Google (or one of the banks that it keeps your funds in) goes under, the US federal government will have your back. Services like Google Wallet typically are not FDIC insured. The federal system, designed during the Great Depression, is made to protect up to $250,000 of savings and deposits at banks. It was designed to instill confidence in the banking system and encourage the American public to store their savings in banks.