Select Page

Economic Articles from 2016

The Catastrophic Threat of Bail-Ins

The Catastrophic Threat of Bail-Ins
by Jeff Nielson
Posted January 5, 2016

banks will be protectedIt has now been more than two and a half years since the Cyprus Steal , the first “bail-in” perpetrated in the Western world, occurred. Before reviewing the history of this newest financial atrocity, it is necessary to define the terms.

The term “bail-in” describes a scenario in which a bank confiscates private property to indemnify itself for losses it has suffered. A bail-in is a totally lawless theft of assets, as there is no principle of law (of any kind) that could authorize such a seizure of private property. And in fact, there are many principles of law that demonstrate the lawlessness at work here. As with much of the financial crime jargon, “bail-in” is simply another gibberish euphemism like “quantitative easing” or “derivatives.” More…

Larry Summers Lectures Bernie Sanders on Financial and Monetary Policy

Larry Summers Lectures Bernie Sanders on Financial and Monetary Policy
By Pam Martens and Russ Martens
Posted January 3, 2015

Larry Summers, key architect of economic collapseRecently Larry Summers penned an opinion piece for the Washington Post, lecturing Senator Bernie Sanders of Vermont, a Presidential candidate, on what Sanders should actually be saying in his own op-eds about reforming the Federal Reserve.

No one will ever accuse Larry Summers of being short on arrogance. After promising the American people in 1999, as Treasury Secretary in the Bill Clinton administration, that pushing through the repeal of the Glass-Steagall Act would be “the right framework for America’s future financial system,” then watching that system collapse as a result of that repeal just nine years later in the worst economic upheaval since the Great Depression, one would think Summers would find some obscure hole in academia and crawl into it. More…

January 1, 2016: The New Bank Bail-In System Goes Into Effect In Europe

January 1, 2016: The New Bank Bail-In System Goes Into Effect In Europe
by Michael Snyder
Posted January 2, 2016

bank bail ins are comingMany Americans assume that when they put money in the bank that they have a right to go back and get “their money” whenever they want. But if we all went to the bank at the same time, there wouldn’t be nearly enough money for all of us. The reason for this is that the banks only keep a small fraction of our money on hand to satisfy the demands of those that conduct withdrawals on a day-to-day basis. The banks take the rest of the money that we have deposited and use it however they think is best.

If you have money at a bank that goes under, that bank will still be obligated to pay you back, but it may not be able to do so. This is where the FDIC comes in. The FDIC supposedly guarantees the safety of deposits in member banks, but at any given time it only has a very, very small amount of money on hand. More…

Page 14 of 14« First...1011121314

End The Illusion Films

End The Illusion Blog


Go to HOME PAGE

______________________________

Quotable Sayings

focus on character over reputation

Be more concerned with your character than your reputation, because your character is who you really are, while your reputation is merely what others think you are.

John Wooden

______________________________

Alternative media is being censored

What’s happening here is the censorship of information that threatens various corporate and political interests. This information gained the attention of the masses simply because it was presented in a credible way that often couldn’t be countered. Julian Assange is a great example, as he has been ‘scooped’ up by ‘the powers that be,’ not because he threatens national security interests, but because for more than a decade he’s been exposing the lies, deceit and corruption that plague geopolitics.

Arjun Walia

______________________________

who do you give your money to?

Consumers will ultimately revolutionize our world. When we refuse to give our money to companies that destroy the Earth and its beings, they will either change their ways or cease to exist.

Rachel Horton White

_____________________________

More Quotable Sayings

_____________________________
_____________________________

The Shocking Truth about Our Money System and How We Can Break Free!

This site is designed for people who wish to follow important events, but do not have time to do a lot of reading. If you follow this site for a period of time, the daily fresh stories in different categories will over time provide you with an understanding of the “big picture” by showing you both the problems and the solutions. Hopefully this will inspire you to listen to your inner wisdom and become part of the solution.