Not 'deposits' any more ... money from customers is now "Bank Assets" once they have their grasping hands on the funds. Perfectly acceptable (to Bankers!) for such 'assests' to be used to recapitalise a failing bank!
Kiwi III
July 4, 2015 at 4:10 AM
Anonymous said...
You got to love the Orwellian "doublespeak", where being robbed is called a "haircut"
July 4, 2015 at 5:04 AM
Anonymous said...
Same thing will eventually happen here, but they will start with mandatory investment of retirement (IRA, 401k, etc...) in a percentage of government bonds. Right now they are just monetizing the short fall through the bank owned, private Federal Reserve. The massive debt is just the same as Greece, but we have the world's reserve currency for the time being and can postpone an economic collapse. WW3 will be started before our economic collapse as a last ditch distraction.
July 4, 2015 at 8:29 AM
Jimmy the Saint said...
@Anonymous: as far as "haircut" goes, it's pretty harmless doublespeak. Just wait until they get to "evacuation" and "resettlement."
July 4, 2015 at 4:47 PM
Anonymous said...
Article is hidden behind a paywall.
July 4, 2015 at 6:22 PM
Block Of Instruction said...
Crap like this is the number one reason they want the guns here. For if they tried this on a armed public the out come would not be too they're liking, or end game plan. When the US dollar is pushed aside this Oct. for what ever is next, it will be interesting to say the least. To bad they're plan for a race war before that happens, is going so badly. I'm sure they will pull a false flag from they're ass's before Oct though. Guess they never heard of Unintended Consequences, but the Untouchables might feel the effects before long.
"Quite a "haircut." Greek banks prepare plan to raid deposits to avert collapse."
7 Comments -
Nothing but theft.
July 3, 2015 at 8:28 PM
Not 'deposits' any more ... money from customers is now "Bank Assets" once they have their grasping hands on the funds. Perfectly acceptable (to Bankers!) for such 'assests' to be used to recapitalise a failing bank!
Kiwi III
July 4, 2015 at 4:10 AM
You got to love the Orwellian "doublespeak", where being robbed is called a "haircut"
July 4, 2015 at 5:04 AM
Same thing will eventually happen here, but they will start with mandatory investment of retirement (IRA, 401k, etc...) in a percentage of government bonds. Right now they are just monetizing the short fall through the bank owned, private Federal Reserve. The massive debt is just the same as Greece, but we have the world's reserve currency for the time being and can postpone an economic collapse. WW3 will be started before our economic collapse as a last ditch distraction.
July 4, 2015 at 8:29 AM
@Anonymous: as far as "haircut" goes, it's pretty harmless doublespeak. Just wait until they get to "evacuation" and "resettlement."
July 4, 2015 at 4:47 PM
Article is hidden behind a paywall.
July 4, 2015 at 6:22 PM
Crap like this is the number one reason they want the guns here. For if they tried this on a armed public the out come would not be too they're liking, or end game plan. When the US dollar is pushed aside this Oct. for what ever is next, it will be interesting to say the least. To bad they're plan for a race war before that happens, is going so badly. I'm sure they will pull a false flag from they're ass's before Oct though. Guess they never heard of Unintended Consequences, but the Untouchables might feel the effects before long.
July 4, 2015 at 6:46 PM