BAIL-IN = CONFISCATION On April 20 2011, the Swiss Government, SECRETLY and WITHOUT VOTATION BY THE PEOPLE (or even public discussion), modified the existing Banking Laws to include BAIL-INs for their pals, the "Too Big to Fail" banks, in case of failiure. In other words people of Switzerland, your elected officials voted to save their pals, the Central Bankers, with YOUR MONEY, the money of the depositors... i.e: CONFISCATION! Bail-in definition: 1.
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