NEWS -. BANK RUN -TRINIDAD AND TOBAGO.CARIBBEAN. WEST INDIES, REPUBLIC , ROYAL , FIRST CITIZEN and SCOTIABANK . Customers are simultaneously closing their accounts fearing imminent bankruptcy and insolvency. Already collapsed in the same countries are two large financial banking institutions CLICO and HCU. [ Global News Network ]--
This is what happens when you try to "magic" money into existence with fractional reserves. IT IS THE RISK YOU TAKE. But no, the MM accounts are too big to fail, and the $250,000 guarantee is essentially a promise of a bailout.
"Once again, your government has fucked you." (RandyWayneFricke, above)
supposedly the National Australia Banks glitch in November was a cover up to hide the fact they were going bankrupt and needed to keep all the money from being withdrawn; I'm a victim of their fraud so I don't find that hard to believe. I've uploaded a video response to the nabs recent 'breakup' campaign. If only the media actually covered what the banks did instead of pandering to the the world would be a better place (ok, happy bubble kicking in)
apologies for the double posting (almost) but the computer swallowed the first one & well; I'm a bit of a pain in the neck & really wanted to make my point lol sorry again :)
they reckon that the National Australia Banks 'computer glitch' in November was their go at stopping themselves from failing. I have a couple of links on my website to the stories covering this. As a victim of nabs criminality I think Australia would have been better off had this corrupt bank gone belly up. I've uploaded a new video 'nab exposed' which goes into their criminality. Turns out banks are the same the world over :( can we have a bank revolution?
I heard Lou Barletta speak and he WOULD talk about these things. WHO made the run on the banks and did it really happen? Kanjorski and the media have no interest in this, Why?
First of all, there is no money. There has been no lawful money since 1933 in this country. The politicians need to spew their bullshit to protect their phony-baloney jobs. Time to eliminate the FED, the IRS and start over. Forgive ALL debt, restore the people who have lost their homes to foreclosure as far back as they can find them. Where was the bailout for the "taxpayers"? For the homeowners? This guys so so full of shit it's not even funny. Once again YOUR government has fucked you.
"With the Kanjorski Meme still spreading (see Ben Smith, Andrew Leonard, Moldbug, and more), I think I'm finally able to squash it with some hard figures: there never was a $500 billion outflow from any asset class in the space of a couple of hours or even weeks, and the Fed never shut down or froze any money-market accounts."
Write off the books, start over and get rid of the federal reserve and the IRS, get rid of the politicians who are causing this problem and place statesmen who will follow the constitution. And allow congress the coin the money like it was before the Fed Reserve came in.
@PulsarFusion Thanks. A flat tax is what we must have and this will eliminate the IRS. The Feds must be audited and Kanjorski is preventing that. I ask what do they have to hide? After that, we can get rid of the crooks, especially Kanjorski.
Problem - Money is pulled out of the market by the market makers(not individual accounts)
Reaction - OMG - the system is collapsing !!!
Solution - treasury borrows money to give(not lend) to the market makers(heist) resulting in the nationalization of the private banking sector, which guarantees the American people a future of debt slavery !
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NEWS -. BANK RUN -TRINIDAD AND TOBAGO.CARIBBEAN. WEST INDIES, REPUBLIC , ROYAL , FIRST CITIZEN and SCOTIABANK . Customers are simultaneously closing their accounts fearing imminent bankruptcy and insolvency. Already collapsed in the same countries are two large financial banking institutions CLICO and HCU. [ Global News Network ]--
shoeupon67 1 month ago
This is what happens when you try to "magic" money into existence with fractional reserves. IT IS THE RISK YOU TAKE. But no, the MM accounts are too big to fail, and the $250,000 guarantee is essentially a promise of a bailout.
"Once again, your government has fucked you." (RandyWayneFricke, above)
ATL45 1 year ago
supposedly the National Australia Banks glitch in November was a cover up to hide the fact they were going bankrupt and needed to keep all the money from being withdrawn; I'm a victim of their fraud so I don't find that hard to believe. I've uploaded a video response to the nabs recent 'breakup' campaign. If only the media actually covered what the banks did instead of pandering to the the world would be a better place (ok, happy bubble kicking in)
bankslayer 1 year ago
apologies for the double posting (almost) but the computer swallowed the first one & well; I'm a bit of a pain in the neck & really wanted to make my point lol sorry again :)
bankslayer 1 year ago
they reckon that the National Australia Banks 'computer glitch' in November was their go at stopping themselves from failing. I have a couple of links on my website to the stories covering this. As a victim of nabs criminality I think Australia would have been better off had this corrupt bank gone belly up. I've uploaded a new video 'nab exposed' which goes into their criminality. Turns out banks are the same the world over :( can we have a bank revolution?
bankslayer 1 year ago
december 7 2010 grab your money out of the big banks show them who is the boss
cindyandyogi 1 year ago
I heard Lou Barletta speak and he WOULD talk about these things. WHO made the run on the banks and did it really happen? Kanjorski and the media have no interest in this, Why?
jazzfusionary 1 year ago
Your opportunity to represent the people passed.
Too bad the run didn't stop the economy.
It will now require a populist solution.
The cancer has a name - Government.
We know where you are - DC.
We are coming. Be afraid.
trashboger 3 years ago 3
First of all, there is no money. There has been no lawful money since 1933 in this country. The politicians need to spew their bullshit to protect their phony-baloney jobs. Time to eliminate the FED, the IRS and start over. Forgive ALL debt, restore the people who have lost their homes to foreclosure as far back as they can find them. Where was the bailout for the "taxpayers"? For the homeowners? This guys so so full of shit it's not even funny. Once again YOUR government has fucked you.
RandyWayneFricke 3 years ago 8
Felix Salmon at Portfolio Conde Nast:
Kanjorski and the Money Market Funds: The Facts
"With the Kanjorski Meme still spreading (see Ben Smith, Andrew Leonard, Moldbug, and more), I think I'm finally able to squash it with some hard figures: there never was a $500 billion outflow from any asset class in the space of a couple of hours or even weeks, and the Fed never shut down or froze any money-market accounts."
Is the Congressman a dupe or a shill?
3ningen7 3 years ago
Write off the books, start over and get rid of the federal reserve and the IRS, get rid of the politicians who are causing this problem and place statesmen who will follow the constitution. And allow congress the coin the money like it was before the Fed Reserve came in.
PulsarFusion 3 years ago 6
@PulsarFusion Thanks. A flat tax is what we must have and this will eliminate the IRS. The Feds must be audited and Kanjorski is preventing that. I ask what do they have to hide? After that, we can get rid of the crooks, especially Kanjorski.
jazzfusionary 1 year ago
I think an end to the US economic and political system is exactly what the US needs. Time for a reset and once again follow the constitution.
Unkn0wnGuy 3 years ago 4
I call for a do over....
Write the books off start a new, we have complicated the financial infulstructure worldwide, that it is guarenteed to collapse
We have created the end of times, lets uncreate it...
jschneider00 3 years ago
The sky is falling the sky is falling !
Problem - Money is pulled out of the market by the market makers(not individual accounts)
Reaction - OMG - the system is collapsing !!!
Solution - treasury borrows money to give(not lend) to the market makers(heist) resulting in the nationalization of the private banking sector, which guarantees the American people a future of debt slavery !
TheNilesLeshProject 3 years ago 5