Banks Can Now CONFISCATE Your BANK DEPOSITS - The FDIC Does Not Have Enough Money to Cover Your Money! Find Out the Most Vulnerable Bank ...
On the weekend of November 16th, the G20 leaders whisked into Brisbane, posed for their photo ops, approved some proposals, made a show of roundly disapproving of Russian President Vladimir Putin, and whisked out again.
It was all so fast, they may not have known what they were endorsing when they rubber-stamped the Financial Stability Board’s “Adequacy of Loss-Absorbing Capacity of Global Systemically Important Banks in Resolution,” which completely changes the rules of banking,” reports Ellen Brown, Public Banking Institute founder, and author.
A May 2013 article in USA Today titled “Can FDIC Handle the Failure of a Megabank?” said:
. . . There was no possibility that the FDIC could take on the rescue of a Citigroup or Bank of America when the full-fledged financial crisis broke in the fall of that year and threatened the solvency of even the biggest banks.”
That was, in fact, the reason the US Treasury and the Federal Reserve had to step in to bail out the banks: the FDIC wasn’t up to the task. The 2010 Dodd-Frank Act was supposed to ensure that this never happened again. But as USA writes, there are “numerous skeptics that the FDIC or any regulator can actually manage this, especially in the heat of a crisis when many banks are threatened at once.”
“The G-20 met recently in Australia to make new banking rules for the next financial calamity. Financial reform advocate Ellen Brown says these new rules will allow banks to take money from depositors and pensioners globally.”
Brown explains, “It became rules we agreed to actually implement. There was no treaty, and Congress didn’t agree to all this. They use words so that it’s not obvious to tell what they have done, but what they did was say, basically, that we, the governments, are no longer going to be responsible for bailing out the big banks. These are about 30 international banks.”
“So, you are going to have to save yourselves, and the way you are going to have to do it is by bailing in the money of your creditors. The largest class of creditors of any bank is the depositors.”
Part of the coming financial calamity will involve hundreds of trillions of dollars in un-backed derivatives. Brown contends, “If the derivative bubble pops, nobody knows what is going to happen, and it’s obvious it has to pop. It can’t just keep growing. Depending on who you read, some people say it is up to two quadrillion dollars. It’s virtual money, and it cannot keep going on.”
When a financial crash does happen, you can forget about getting immediate access to your money. Brown says, “The banks will say, well, we don’t have it. All the money goes into one big pool since Glass Steagall was repealed. They are allowed to gamble with that money and that’s what they do.
So, even though we are protected by the FDIC, the FDIC is not going to have the money. . . This makes it legal for these big 30 banks to take our money when they become insolvent.
FDIC Deposit Insurance Fund
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
| Online: | |
| Visits: | 1,604,063,825 |
| Stories: | 8,152,065 |
Whistler Blowers, Insiders
it seems like the best thing to do is to not keep much money in a bank. spend it while you can and only keep what you can afford to lose in the bank.
The physical things you buy with your money will hold their value longer than the money will.
Take your money out now. Don’t deposit in a “big bank”. Keep your deposits as low as you can. Just keep enough money in there to pay your bills on a monthly basis. And use a local bank, or even a credit union if you can do that. I left BOA years ago. Fed up with their baloney anyway. Now I have most of my “savings” in gold and silver. And I hold it myself, not in a bank deposit box. Can’t trust that either. I only move as much money in and out of my bank as I need to to cover monthly checks. When the balloon does go up. And it will. I will at least have something left….
That makes 2 of us.
Mossad and CIA will do Statue of Liberty and blame it on Iran. Explosion in the sea will flood New York. America will be last country to switch to Euro (antichrist’s currency). Go hide with Orthodox Christians in Ural Mountains before it’s too late. Mandatory mark of the beast will begin when any of these four happens depending on where you live: 1)Cash will be taken out, 2) Prisoners will be released, 3)Electricity, gas, and water will be turned off. 4)Under-aged will not be able to buy food.
Please, go hide. Don’t take any electronics with you because
antichrist’s minions can make contact then. So, please, no electronics.
Pack one bag in case they take you to a concentration camp, mostly old warm clothes so that nobody will steal them when you’re taking a shower in the concentration camp. Also, get dried bread to last you ten days per person during famine.
First dinosaur will come out of Volga River in Russia. According to Russian Orthodox Christian Vyatcheslav Krasheninnikov: Humans were created about 7525 years ago. Birds participate in time creation. It’s a sin to kill birds. Dinosaurs live under our level. They will get out through sinkholes and lakes. To kill them, go for their nerves. So, save the birds, but kill the dinosaurs. Antichrist has very pale face with red eyes and flies super fast because he’s possessed by Satan. He wears gloves to hide long nails. Antichrist is surrounded by demons but people will see angels of light. 666 is given by isotope rays on wrist or forehead when people stretch hands to receive small plastic grey card with no name on it (World Passport).
Police will microchip and isotope ray people on highways. Food stores will isotope ray people too. Antichrist will also release prisoners to mark people. Reject 666 at all cost. Go hide with Orthodox Christians in Ural Mountains in order to escape 666.
Don’t go into a UFO to be healed by demons. Those who reject 666 will go to heaven. Also, their direct ancestors will be saved from hell.
Give to charity in the name of Archangel Michael.
What was the name of the bank of america before it was called that and what is American about it?