[ NOTE: banks are NOT your friends.] No Bank Deposits Will Be Spared from Confiscation | Global Research ..."This trade of a banker is to receive money, and use it as if it were his own, he becoming debtor to the person who has lent or deposited with him the money to use as his own, and for which money he is accountable as a debtor. I cannot at all confound the situation of a banker with that of a trustee, and conclude that the banker is a debtor with a fiduciary character." In plain simple English - bankers cannot be prosecuted for breach of trust, because it owes no fiduciary duty to the depositor / customer, as he is deemed to be using his own money to speculate etc. There is absolutely no criminal liability. The trillion dollar question is, Why has no one in the Justice Department or other government agencies mentioned this legal principle?.. No Bank Deposits Will Be Spared from Confiscation
Posted on: Thu, 18 Jul 2013 12:23:29 +0000
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