Serious thread! If you have money in teh bank, PLEASE READ!
- Thread starter Busybody
- Start date
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
The Money in Your Bank Account Was Stolen This Morning
The headline is not a mistake. Yes, you can still go to the ATM and withdraw funds. You can take small amounts of cash out of the bank without the IRS seizing everything you own. However, because of new rules that went into effect this morning, your bank deposits have no insurance and it is a matter of time until they are stolen right from under your nose.
The G20 Just Stole Your Bank Account
With the G-20 summit coming up this weekend in Brisbane, Australia, it might be worth wondering if you can have too much money in the bank, or, whether you should any money in the bank at all!
As of this morning all nations belonging to the G20 will immediately submit and pass legislation that will fulfill a new investment program. This new program creates a whole new paradigm and set of rules whereby banks will no longer recognize your deposits as money.
Russell Napier is declaring November 16th as “the day money dies,” and this constitutes today’s Zero Hedge’s headline. According to Zero Hedge, Napier says the G-20 will announce “that bank deposits are just part of commercial banks’capital structure, and also that they are far from the most senior portion of that structure.” Pay close attention America this means that following a bank failure, “a bank deposit is no longer money in the way a banknote is.”
This G20 legislation will formally push down bank accounts through the capital structure to a position of being mere material capital risk in any ‘failing’ institution. In our last financial crisis, deposits were de facto guaranteed by the state, but beginning November 16th holders of large-scale deposits will be just another creditor fighting to regain their share of the assets of a failed bank,” according to Zero Hedge. And how much will your former money be worth when you come to make your claim? For reasons that will become apparent as you weave your way through this article and its conclusions, if you have $100,000 in a bank account, you will take home under $1200! This is why for the past 18 months I have been telling the nation to not deposit your paycheck into the bank. The prudent thing to do is to only put enough money in the bank to pay your basic bills and do other things with the remainder of the money, such as pay off your mortgage or pay off your car loans. If you have not been doing this, then you are almost out of time for the banksters have recently practiced how to steal your bank account.
The headline is not a mistake. Yes, you can still go to the ATM and withdraw funds. You can take small amounts of cash out of the bank without the IRS seizing everything you own. However, because of new rules that went into effect this morning, your bank deposits have no insurance and it is a matter of time until they are stolen right from under your nose.
The G20 Just Stole Your Bank Account
With the G-20 summit coming up this weekend in Brisbane, Australia, it might be worth wondering if you can have too much money in the bank, or, whether you should any money in the bank at all!
As of this morning all nations belonging to the G20 will immediately submit and pass legislation that will fulfill a new investment program. This new program creates a whole new paradigm and set of rules whereby banks will no longer recognize your deposits as money.
Russell Napier is declaring November 16th as “the day money dies,” and this constitutes today’s Zero Hedge’s headline. According to Zero Hedge, Napier says the G-20 will announce “that bank deposits are just part of commercial banks’capital structure, and also that they are far from the most senior portion of that structure.” Pay close attention America this means that following a bank failure, “a bank deposit is no longer money in the way a banknote is.”
This G20 legislation will formally push down bank accounts through the capital structure to a position of being mere material capital risk in any ‘failing’ institution. In our last financial crisis, deposits were de facto guaranteed by the state, but beginning November 16th holders of large-scale deposits will be just another creditor fighting to regain their share of the assets of a failed bank,” according to Zero Hedge. And how much will your former money be worth when you come to make your claim? For reasons that will become apparent as you weave your way through this article and its conclusions, if you have $100,000 in a bank account, you will take home under $1200! This is why for the past 18 months I have been telling the nation to not deposit your paycheck into the bank. The prudent thing to do is to only put enough money in the bank to pay your basic bills and do other things with the remainder of the money, such as pay off your mortgage or pay off your car loans. If you have not been doing this, then you are almost out of time for the banksters have recently practiced how to steal your bank account.
JohnnySavage
Literotica Guru
- Joined
- Aug 25, 2008
- Posts
- 44,472
The G20 has no legislative or regulatory authority in the US.
/thread.
/thread.
U
unregistered
Guest
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
JohnnySavage
Literotica Guru
- Joined
- Aug 25, 2008
- Posts
- 44,472
JohnnySavage
Literotica Guru
- Joined
- Aug 25, 2008
- Posts
- 44,472
BTW, clearly, Sammy, you didn't read the OP
I did read it, and I do remember Cyprus. I spent the summer of 1989 there. It was magical.
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
its NOT the G20
its the Nations in the G20
As of this morning all nations belonging to the G20 will immediately submit and pass legislation that will fulfill a new investment program. This new program creates a whole new paradigm and set of rules whereby banks will no longer recognize your deposits as money.
And Cyprus STOLE peeps MONEY
its the Nations in the G20
As of this morning all nations belonging to the G20 will immediately submit and pass legislation that will fulfill a new investment program. This new program creates a whole new paradigm and set of rules whereby banks will no longer recognize your deposits as money.
And Cyprus STOLE peeps MONEY
JohnnySavage
Literotica Guru
- Joined
- Aug 25, 2008
- Posts
- 44,472
So you think Congress will pass such legislation???
They can't even pass legislation to name a post office.
JohnnySavage
Literotica Guru
- Joined
- Aug 25, 2008
- Posts
- 44,472
I don't disagree with that.
But... if you have a million's worth of demand deposits, put it in five different banks.
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
the Russians in Cyprus didn't
and don't you think...THE GUBMINT CAN(and will)SAY
Total $200k,......EVERYWHERE
when fan hits shit?
JohnnySavage
Literotica Guru
- Joined
- Aug 25, 2008
- Posts
- 44,472
the Russians in Cyprus didn't
and don't you think...THE GUBMINT CAN(and will)SAY
Total $200k,......EVERYWHERE
when fan hits shit?
They can also print $17 trillion and pay off the debt. Doesn't mean they will.
phrodeau
Literotica Guru
- Joined
- Jan 2, 2002
- Posts
- 78,588
Have you cum into money?
Aquagal
Literotica Guru
- Joined
- Apr 27, 2007
- Posts
- 31,672
Sometimes there's a wet spot on the hundies.
BotanyBoy
Fuck Your Safe Space
- Joined
- Jun 28, 2012
- Posts
- 52,256
Mmmhmm bury that shit like squirrel nuts....mayo jar...ammo can..what'eva...
Que Va
Literotica Guru
- Joined
- Nov 14, 2014
- Posts
- 1,354
Preferably in 1 oz silver bullion, instead of say $50's.
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
Ole Sammy.....2 slices of bread short of a sandwhich
forgot that the GUBMINT has already floated idea
of stealing IRA's
Beware of Obama’s new scam, the MyRA
Posted on February 2, 2014
POS with Jack Lewl to r: POS; Jack Lew’s signature; Treasury Secretary Jack Lew
Last Tuesday, during his “I’m king” State of the disUnion address, the POS introduced a new government scam called the MyRA (My Retirement Account).
If you approve of how the feral government has squandered away your Social Security contributions — the SS “trust fund” is just an accounting fiction because the government raids that “fund” for its spending and still manages to run a deficit — then you’ll want to invest in this MyRA scam. Snark.
Jack Lew signature on dollar bill
This is how Treasury Secretary Jacob “Jack” Lew — he whose childish loopy-loop signature inspires such confidence [snark] — describes the MyRA in his op-ed of Jan. 30, 2014:
You will be able to start saving with an initial deposit of as little as $25 and contribute as little as $5 each payday. If an employer chooses to participate, contributions are made through automatic payroll deductions, making them hassle-free.
There are no fees – 100 percent of any contribution goes into the account and is invested in a Treasury security. That means it will be backed by the full faith and credit of the United States, will earn the same interest rate that is available to federal employees for their retirement savings, and the balance will never go down.
Finally, myRA is not tied to any one employer – it belongs to the worker, not the workplace.
In other words, the account is portable and can be easily rolled into a Roth IRA. And if myRA savers ever need to, they can withdraw their contributions tax-free, at any time.
Let’s see, the MyRA:
1.Has no administrative fees.
2.Is portable, not tied to any one employer.
3.Earns interest.
4.No mention of whether the interest accrued on your MyRA is taxable.
But the U.S. government already provides incentives for Americans to save for our retirement. It’s called an Individual Retirement Account (IRA), which:
1.Has no administrative fees, if your IRA is in the form of a bank Certificate of Deposit (CD).
2.Is portable, being owned by you instead of a pension plan tied to your employer.
3.Earns interest.
4.The interest accrued on your IRA is tax-deferred, i.e., not taxable, until you start withdrawing from your IRA account(s) at the mandatory withdrawal age of 70½.
By now you should be asking this question:
If there’s already IRA, why is there a need for a duplicate called MyRA?
The answer lies in these 6 words in Lew’s op-ed:
“is invested in a Treasury security”
In other words, the MyRA is yet another way — like Social Security and Medicare — for the feral government to get their filthy hands on your money.
In other words, MyRA, like Social Security, is another Ponzi scheme.
Simon Black of Sovereign Man writes:
[T]he aim is simple– dupe unwitting Americans to plow their retirement savings into the US government’s shrinking coffers.
The government is flat broke. Even by their own assessment, the US government’s “net worth” is NEGATIVE 16 trillion. That’s as of the end of 2012 (the 2013 numbers aren’t out yet). But the trend is actually worsening.
In 2009, the government’s net worth was negative $11.45 trillion. By 2010, it had dropped to minus $13.47 trillion. By 2011, minus $14.78 trillion. And by 2012, minus $16.1 trillion.
Here’s the thing: according to the IRS, there is well over $5 trillion in US individual retirement accounts. For a government as bankrupt as Uncle Sam is, $5 trillion is irresistible.
They need that money. They need YOUR money. And this MyRA program is the critical first step to corralling your hard earned retirement funds.
forgot that the GUBMINT has already floated idea
of stealing IRA's
Beware of Obama’s new scam, the MyRA
Posted on February 2, 2014
POS with Jack Lewl to r: POS; Jack Lew’s signature; Treasury Secretary Jack Lew
Last Tuesday, during his “I’m king” State of the disUnion address, the POS introduced a new government scam called the MyRA (My Retirement Account).
If you approve of how the feral government has squandered away your Social Security contributions — the SS “trust fund” is just an accounting fiction because the government raids that “fund” for its spending and still manages to run a deficit — then you’ll want to invest in this MyRA scam. Snark.
Jack Lew signature on dollar bill
This is how Treasury Secretary Jacob “Jack” Lew — he whose childish loopy-loop signature inspires such confidence [snark] — describes the MyRA in his op-ed of Jan. 30, 2014:
You will be able to start saving with an initial deposit of as little as $25 and contribute as little as $5 each payday. If an employer chooses to participate, contributions are made through automatic payroll deductions, making them hassle-free.
There are no fees – 100 percent of any contribution goes into the account and is invested in a Treasury security. That means it will be backed by the full faith and credit of the United States, will earn the same interest rate that is available to federal employees for their retirement savings, and the balance will never go down.
Finally, myRA is not tied to any one employer – it belongs to the worker, not the workplace.
In other words, the account is portable and can be easily rolled into a Roth IRA. And if myRA savers ever need to, they can withdraw their contributions tax-free, at any time.
Let’s see, the MyRA:
1.Has no administrative fees.
2.Is portable, not tied to any one employer.
3.Earns interest.
4.No mention of whether the interest accrued on your MyRA is taxable.
But the U.S. government already provides incentives for Americans to save for our retirement. It’s called an Individual Retirement Account (IRA), which:
1.Has no administrative fees, if your IRA is in the form of a bank Certificate of Deposit (CD).
2.Is portable, being owned by you instead of a pension plan tied to your employer.
3.Earns interest.
4.The interest accrued on your IRA is tax-deferred, i.e., not taxable, until you start withdrawing from your IRA account(s) at the mandatory withdrawal age of 70½.
By now you should be asking this question:
If there’s already IRA, why is there a need for a duplicate called MyRA?
The answer lies in these 6 words in Lew’s op-ed:
“is invested in a Treasury security”
In other words, the MyRA is yet another way — like Social Security and Medicare — for the feral government to get their filthy hands on your money.
In other words, MyRA, like Social Security, is another Ponzi scheme.
Simon Black of Sovereign Man writes:
[T]he aim is simple– dupe unwitting Americans to plow their retirement savings into the US government’s shrinking coffers.
The government is flat broke. Even by their own assessment, the US government’s “net worth” is NEGATIVE 16 trillion. That’s as of the end of 2012 (the 2013 numbers aren’t out yet). But the trend is actually worsening.
In 2009, the government’s net worth was negative $11.45 trillion. By 2010, it had dropped to minus $13.47 trillion. By 2011, minus $14.78 trillion. And by 2012, minus $16.1 trillion.
Here’s the thing: according to the IRS, there is well over $5 trillion in US individual retirement accounts. For a government as bankrupt as Uncle Sam is, $5 trillion is irresistible.
They need that money. They need YOUR money. And this MyRA program is the critical first step to corralling your hard earned retirement funds.
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
The Federal Reserve and the Bank of England Have Already Rehearsed the Theft of Your Bank Account
bank-holiday2The theft of the people’s money has already been rehearsed by the powers that be in the banking industry. Regulators from the United States and the United Kingdom got together in a war room to see how they will cope when the next big bank fails.
Treasury Secretary Jack Lew and the UK’s Chancellor of the Exchequer, George Osborne, on this past Monday (11/10), ran a joint exercise simulating how they would prop up a large bank (e.g. Bank of America), with operations in both countries, that has landed itself in trouble. Also taking part in the “bank failure drill” was Federal Reserve Chair Janet Yellen and Bank of England Governor Mark Carney, and the heads of a large number of other regulators, in a meeting hosted by the U.S. Federal Deposit Insurance Corporation.
Your Bank Account Has No Protection
fdic protectionThe FDIC has only about $25 billion in its deposit insurance fund, which is mandated by law to keep a balance equivalent to only 1.15% of insured deposits.
If a banking collapse were to be on the near horizon, the banksters are not going to notify you because they would not want to incite a bank run. With only 1.15% of all deposits being insured by the FDIC, your money would be left vulnerable and only the elite would be warned as they quietly transfer their money to a safer haven, such as gold. How do I know this? Please read on.
Goldman Sachs Opened the Gates to Hell
Silver prices have dropped dramatically covering an aggregate period of 18 months. Panic selling dominated the market as investors and financial institutions could not dump their holdings of silver and gold fast enough. The market clearly shows signs of mass manipulation by the Globalists. The globalists have been moving their fiat currency holdings to gold since the Spring of 2013. The price of gold was artificially manipulated by Goldman Sachs to drive down the price in order to make it cheaper for the powers-that-be to purchase. You see, they know that very soon, there will no money left in the banks. You want proof? The best proof that the globalists are manipulating the price of gold comes from “Goldman Sachs (who), in the Spring of 2013, proclaimed that they recommend initiating a short COMEX gold position.”
This has been going on for over 18 months!
goldman and plutocrats
Please remember that this is the same Goldman Sachs that shorted its stocks on 9/11. This is the same Goldman Sachs that placed put options on Transocean stock the morning of the Gulf oil explosion. This is the same Goldman Sachs that got caught shorting the housing market in advance of the housing bubble burst. Basically, when Goldman Sachs starts shorting anything, we should all become apprehensive particularly if our individual investments are anywhere in the neighborhood of the commodities being impacted by shorting. When Goldman Sachs begins to short anything, it is time to take your money and run for the hills. That time would be now.
Why Would Goldman Sachs Dramatically Drive the Price of Gold Down?
Beside trading and bartering, if the dollar and the Euro were to collapse tomorrow, what currency of exchange would be left standing? The obvious and simple answer would be primarily, gold, and secondarily, silver. Ask yourself this question, if you knew that paper monies all around the world were to collapse, what action would represent your best option? The obvious answer would be to dramatically drive down the price of gold and silver if one had the ability to do so, and then buy as much as gold as one possibly could. Goldman Sachs has the ability to do so by utilizing their ominous shorting strategy and it is precisely what they have done.
ONE MORE DOT TO CONNECT
goldman sachs us treasuryAdditionally, your bank account has been collateralized against the derivatives debt. Hence, you had, in 2008, former CEO of Goldman Sachs and the Secretary of Treasury, Hank Paulson, telling a closed session of Congress that if they did not authorize the bailouts, there would be tanks in the street an ultimately, REVOLUTION! This was necessitated by the credit swap derivatives Ponzi scheme and the debacle that followed.
Further, the bankruptcy reform laws stemming from the Bankruptcy Reform Act of 2005, the credit swap derivatives counter-parties are given preference over all other creditors and customers of the bankrupt financial institution, including FDIC insured depositors. This is why the G20 effectively stole your money this morning!
In the action taken by the G20 nations, this morning, your bank account is no longer considered to be money. The bankers holding the bag on the credit swap derivatives will move to the head of the FDIC compensation line. Therefore, the regulations requiring that your money be insured by the FDIC are no longer in effect! This devaluation of “money to something other than money gives what the experts call “super priority” in terms of the line of succession from which to collect bankruptcy monies. TAKE YOUR MONEY OUT OF THE BANK! But do not do so until you read my next article because you could go to jail if you make a mistake.
BANKSTERS A
To make matters worse, Bank of America has conspicuously co-mingled their credit swap derivatives debt with your savings account and as such they have every legal right use your money to cover their debt. The derivatives debt is conservatively estimated to be one quadrillion dollars which is about 16 times the entire GDP of the planet. Even before today, your money was as good as gone. Today’s action by the G20 only further cements this new reality that you, your labor your possessions are all slave capital to the banksters. Your value as a human being has been monitized.
To The Dumbed Down Sheep of America
We have recently discovered that JP Morgan is in the same exact boat as Bank of America as is Wells Fargo. Oh, they would never do that and steal your money, you say? I have bad news for the uninformed sheep of this country, they already have done that very thing.
In the MF Global debacle, the reason that MF Global customers lost their segregated account funds was because the MF Global debt load was caused primarily because of their credit swap derivatives debt which, under bankruptcy laws, gave derivatives claimants super-priority in the bankruptcy proceedings. This is why Corzine and his fellow criminals did not go to prison as former Goldman Sachs executive, now the head of the Securities and Exchange CME gave Corzine, a former Goldman Sachs executive, a free pass on the theft of investors money at MF Global. This was a beta test.
As of this morning, every bank account in America became an MF Global. You are now playing in a game with no rules.
Some of the sheep might actually wake up when they lose their bank account.
Some of the sheep might actually wake up when they lose their bank account.
Remember, sheep of America, as you are driving to work tomorrow, you are doing so in order that to have the privilege to earn money and give it to Goldman Sachs, Bank of America, Wells Fargo and JP Morgan Chase.
Working for Goldman Sachs.
Working for Goldman Sachs.
In short, you do not matter and as of this morning, your money is not really money and your bank account is no longer in your control.
Conclusion
Before this week is over, I will be revealing how you can save some of your money. It is too late to save all of your money as that ship sailed some time ago. However, it is still possible to save much more that the 1.1% that your government is going to give you as compensation. Did I mention that 401 k’s and your retirements are next?
bank-holiday2The theft of the people’s money has already been rehearsed by the powers that be in the banking industry. Regulators from the United States and the United Kingdom got together in a war room to see how they will cope when the next big bank fails.
Treasury Secretary Jack Lew and the UK’s Chancellor of the Exchequer, George Osborne, on this past Monday (11/10), ran a joint exercise simulating how they would prop up a large bank (e.g. Bank of America), with operations in both countries, that has landed itself in trouble. Also taking part in the “bank failure drill” was Federal Reserve Chair Janet Yellen and Bank of England Governor Mark Carney, and the heads of a large number of other regulators, in a meeting hosted by the U.S. Federal Deposit Insurance Corporation.
Your Bank Account Has No Protection
fdic protectionThe FDIC has only about $25 billion in its deposit insurance fund, which is mandated by law to keep a balance equivalent to only 1.15% of insured deposits.
If a banking collapse were to be on the near horizon, the banksters are not going to notify you because they would not want to incite a bank run. With only 1.15% of all deposits being insured by the FDIC, your money would be left vulnerable and only the elite would be warned as they quietly transfer their money to a safer haven, such as gold. How do I know this? Please read on.
Goldman Sachs Opened the Gates to Hell
Silver prices have dropped dramatically covering an aggregate period of 18 months. Panic selling dominated the market as investors and financial institutions could not dump their holdings of silver and gold fast enough. The market clearly shows signs of mass manipulation by the Globalists. The globalists have been moving their fiat currency holdings to gold since the Spring of 2013. The price of gold was artificially manipulated by Goldman Sachs to drive down the price in order to make it cheaper for the powers-that-be to purchase. You see, they know that very soon, there will no money left in the banks. You want proof? The best proof that the globalists are manipulating the price of gold comes from “Goldman Sachs (who), in the Spring of 2013, proclaimed that they recommend initiating a short COMEX gold position.”
This has been going on for over 18 months!
goldman and plutocrats
Please remember that this is the same Goldman Sachs that shorted its stocks on 9/11. This is the same Goldman Sachs that placed put options on Transocean stock the morning of the Gulf oil explosion. This is the same Goldman Sachs that got caught shorting the housing market in advance of the housing bubble burst. Basically, when Goldman Sachs starts shorting anything, we should all become apprehensive particularly if our individual investments are anywhere in the neighborhood of the commodities being impacted by shorting. When Goldman Sachs begins to short anything, it is time to take your money and run for the hills. That time would be now.
Why Would Goldman Sachs Dramatically Drive the Price of Gold Down?
Beside trading and bartering, if the dollar and the Euro were to collapse tomorrow, what currency of exchange would be left standing? The obvious and simple answer would be primarily, gold, and secondarily, silver. Ask yourself this question, if you knew that paper monies all around the world were to collapse, what action would represent your best option? The obvious answer would be to dramatically drive down the price of gold and silver if one had the ability to do so, and then buy as much as gold as one possibly could. Goldman Sachs has the ability to do so by utilizing their ominous shorting strategy and it is precisely what they have done.
ONE MORE DOT TO CONNECT
goldman sachs us treasuryAdditionally, your bank account has been collateralized against the derivatives debt. Hence, you had, in 2008, former CEO of Goldman Sachs and the Secretary of Treasury, Hank Paulson, telling a closed session of Congress that if they did not authorize the bailouts, there would be tanks in the street an ultimately, REVOLUTION! This was necessitated by the credit swap derivatives Ponzi scheme and the debacle that followed.
Further, the bankruptcy reform laws stemming from the Bankruptcy Reform Act of 2005, the credit swap derivatives counter-parties are given preference over all other creditors and customers of the bankrupt financial institution, including FDIC insured depositors. This is why the G20 effectively stole your money this morning!
In the action taken by the G20 nations, this morning, your bank account is no longer considered to be money. The bankers holding the bag on the credit swap derivatives will move to the head of the FDIC compensation line. Therefore, the regulations requiring that your money be insured by the FDIC are no longer in effect! This devaluation of “money to something other than money gives what the experts call “super priority” in terms of the line of succession from which to collect bankruptcy monies. TAKE YOUR MONEY OUT OF THE BANK! But do not do so until you read my next article because you could go to jail if you make a mistake.
BANKSTERS A
To make matters worse, Bank of America has conspicuously co-mingled their credit swap derivatives debt with your savings account and as such they have every legal right use your money to cover their debt. The derivatives debt is conservatively estimated to be one quadrillion dollars which is about 16 times the entire GDP of the planet. Even before today, your money was as good as gone. Today’s action by the G20 only further cements this new reality that you, your labor your possessions are all slave capital to the banksters. Your value as a human being has been monitized.
To The Dumbed Down Sheep of America
We have recently discovered that JP Morgan is in the same exact boat as Bank of America as is Wells Fargo. Oh, they would never do that and steal your money, you say? I have bad news for the uninformed sheep of this country, they already have done that very thing.
In the MF Global debacle, the reason that MF Global customers lost their segregated account funds was because the MF Global debt load was caused primarily because of their credit swap derivatives debt which, under bankruptcy laws, gave derivatives claimants super-priority in the bankruptcy proceedings. This is why Corzine and his fellow criminals did not go to prison as former Goldman Sachs executive, now the head of the Securities and Exchange CME gave Corzine, a former Goldman Sachs executive, a free pass on the theft of investors money at MF Global. This was a beta test.
As of this morning, every bank account in America became an MF Global. You are now playing in a game with no rules.
Some of the sheep might actually wake up when they lose their bank account.
Some of the sheep might actually wake up when they lose their bank account.
Remember, sheep of America, as you are driving to work tomorrow, you are doing so in order that to have the privilege to earn money and give it to Goldman Sachs, Bank of America, Wells Fargo and JP Morgan Chase.
Working for Goldman Sachs.
Working for Goldman Sachs.
In short, you do not matter and as of this morning, your money is not really money and your bank account is no longer in your control.
Conclusion
Before this week is over, I will be revealing how you can save some of your money. It is too late to save all of your money as that ship sailed some time ago. However, it is still possible to save much more that the 1.1% that your government is going to give you as compensation. Did I mention that 401 k’s and your retirements are next?