G20 rewrites banking laws for commercial banks. All capital is - TopicsExpress



          

G20 rewrites banking laws for commercial banks. All capital is now considered part of the funding of the regulated bank and is now officially part of the bank assets should the bank become insolvent it turns deposits into their equity. Get your money into a credit union. Congress has moved one step closer to pension cuts affecting more than 10,000,000 workers in the budget deal. A 64 year old truck driver could see his benefits go from $40,000 a year to $15,000 a year. Banks are still struggling so....this is the next step. Theyve already confiscated the savers money by setting interest rates at zero. Through police stops/arrests people are confiscated of any money in or on their person. Ferguson, MO is increasing ticketing by $1,000,000,000 to make up budget shortfall. More confiscation. Government job reports, retail sales, consumer confidence number are all cooked. The fun begins in the 2nd quarter of 2015.
Posted on: Sun, 21 Dec 2014 07:41:43 +0000

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