Wednesday, December 18, 2013

They're Planning the First Legal "Bank Robbery" in U.S. History

So-called "bail-ins," which give banks the right to dip into your savings to pay for their lousy financial decisions, have been on the table for years, ever since Cyprus tested the idea. But they're moving beyond the "testing phase" now. The latest clue came from a seemingly benign banking conference on December 2, when one man revealed some frightening central government intentions. And anyone taking careful notes understands the consequences.



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