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| 12:11 PM | ||
| Users Online Now: 2,065 (Who's On?) | Visitors Today: 1,061,233 | |
| Pageviews Today: 1,473,172 | Threads Today: 400 | Posts Today: 7,106 |
| 12:11 PM | ||
BREAKING!! URGENT!!! FDIC and BOE blueprint for THE FUTURE GLOBAL BANKING FINACIAL INSTITUTIONS | |
| Anonymous Coward User ID: 34273960  United States03/29/2013 08:16 PM Report Abusive Post Report Copyright Violation | |
goldielucks  User ID: 794598 United States03/29/2013 08:17 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 26338100 United States03/29/2013 08:18 PM Report Abusive Post Report Copyright Violation | MY understanding is that new laws make it legal for USA banking to confiscate uninsured deposits, entities that are not covered by FDIC and if write downs are not sufficient enough, to confiscate insured deposits to meet capital needs. Yes they will go for shareholders first but with all the buybacks going on for 2013, I do not have much faith in that covering the huge derivate gambling casino, that must crash. I guess we will see how it plays out in Europe and UK first. As stated, the coordinated policies will be implemented on different timelines. I hope I am wrong but reading between the lines, if shtf we will help with picking up the tab. Work tomorrow, done for the night. |
| Children of the Atom User ID: 20257839 United States03/29/2013 08:20 PM Report Abusive Post Report Copyright Violation | "The 15-page FDIC-BOE document is called “Resolving Globally Active, Systemically Important, Financial Institutions.” It begins by explaining that the 2008 banking crisis has made it clear that some other way besides taxpayer bailouts is needed to maintain “financial stability.” Evidently anticipating that the next financial collapse will be on a grander scale than either the taxpayers or Congress is willing to underwrite, the authors state: Quoting: silentwatcher All of Europe and UK will "bail in" and US well you have to read it to believe it!!! www.fdic.gov/about/srac/2012/gsifi.pdf If the above link does not work, do this: PLEASE go to fdic.gov, search box type in gsifi.pdf Cyprus is a test run REPEAT a test run!!! They have spent the last two years rewriting the GLOBAL FINACIAL BANKING SYSTEM. THE GLOBAL CARSH IS OH SO NEAR FRIENDS, PREPARE!!!! This is my first post ever but I have been here for years, silently watching. Please, please keep this thread alive so that all may prepare. And I quote... Resolving Globally Active, Systemically Important, Quoting: Financial Institutions Finding a Global means to bail out too big to fail banks. |
| Morning Cup Of Doom User ID: 20524828 United States03/29/2013 08:27 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 36991316 United States03/29/2013 08:29 PM Report Abusive Post Report Copyright Violation | |
| WISC User ID: 1234074 United States03/29/2013 08:32 PM Report Abusive Post Report Copyright Violation | MY understanding is that new laws make it legal for USA banking to confiscate uninsured deposits, entities that are not covered by FDIC and if write downs are not sufficient enough, to confiscate insured deposits to meet capital needs. Quoting: Anonymous Coward 26338100 Yes they will go for shareholders first but with all the buybacks going on for 2013, I do not have much faith in that covering the huge derivate gambling casino, that must crash. I guess we will see how it plays out in Europe and UK first. As stated, the coordinated policies will be implemented on different timelines. I hope I am wrong but reading between the lines, if shtf we will help with picking up the tab. Work tomorrow, done for the night. That's how I read it. Like I said, Cyprus on a US scale. Cyprus was the test. Then a little bigger country. Then A few more. Then Europe. Then the US. then WW III because we'll be poor starving maniacs. Last Edited by NoSleepEver on 03/29/2013 08:32 PM |
| shadasonic User ID: 34416224 United States03/29/2013 08:32 PM Report Abusive Post Report Copyright Violation | Hey OP this site is like fast food. Another words I pull in and want my order right away and not waiting for 20 minutes (reading lots of crap you link). So cliff notes on this or GTFO. Quoting: Anonymous Coward 13363335  Then go to McDonalds fat boy... You first gothic skank. Grow up become a man, the understanding comes from the discernment of gained knowledge. You won't get this unless you read it,figure it out, and compile backgroung pertinent info! “One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back.” – Carl Sagan |
| Primus-Cura User ID: 6019394  Netherlands03/29/2013 08:33 PM Report Abusive Post Report Copyright Violation | |
| sas21 User ID: 36909975  United Kingdom03/29/2013 08:34 PM Report Abusive Post Report Copyright Violation | Can someone plz explain this 2 me, I suppose I must be dumb. I have downloaded but its a bit complicated for my pea brain. I want to share with info my sheep family will understand as they still think all is good in the hood haha. You have to understand and see the darkness to really appreciate the bright side. |
| Anonymous Coward User ID: 28870983 United States03/29/2013 08:35 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 34709507 United States03/29/2013 08:37 PM Report Abusive Post Report Copyright Violation | |
| WISC User ID: 1234074 United States03/29/2013 08:38 PM Report Abusive Post Report Copyright Violation | Can someone plz explain this 2 me, I suppose I must be dumb. Quoting: sas21 I have downloaded but its a bit complicated for my pea brain. I want to share with info my sheep family will understand as they still think all is good in the hood haha. Can someone plz explain this 2 me, I suppose I must be dumb. Quoting: sas21 I have downloaded but its a bit complicated for my pea brain. I want to share with info my sheep family will understand as they still think all is good in the hood haha. If the banks in the US fail, the gov't won't bail them out. Instead, they'll take all your hard earned cash that you put in the bank for themselves. Then when they're done paying off the banks debts, they'll give you back what's left. What's left cold be nothing, or a promise to pay you backwhen they have the money. None of your money is safe in a bank. It could end up disappearing. Last Edited by NoSleepEver on 03/29/2013 08:38 PM |
| WISC User ID: 1234074 United States03/29/2013 08:40 PM Report Abusive Post Report Copyright Violation | this is it, end game. there is no future, no retirement, no nothing..... Quoting: Anonymous Coward 28870983 It's what people have been saying for years, printed money is an illusion. It doesn't exist. In the end all lies dissolve into the truth. This is what is happening to our paper currency. All paper currencies in the history of humanity have failed. Ours is next. |
| Wubbo Ockels User ID: 14726463 Netherlands03/29/2013 08:41 PM Report Abusive Post Report Copyright Violation | release-date of joint paper: 10 December 2012 hhhmmmmmm guess what world's largest money manager, BlackRock Inc., has been doing over the past three months just a coincidence? You decide.. world's largest money manager pulls back out of Europe. Flight of capital Spain and Italy: [link to online.wsj.com] . R.I.P. for the real Wubbo Ockels. He was a true icon of my country, and a great front-fighter for sustainable energie/technology and humanism. "Yes, we have hurdles, we have distractions, we have disasters, personally and world-wide, and we do have to work it all out ourselves. BUT, there is a most amazing experience awaiting us on the other end of the finish-line. The idea being, once we can handle it all down here, then we can live and explore eternally, responsibly, because we know what not to do, and not be resentful about being responsible, so we don't start a polarity domino effect in the other realms of existence." "The Fraction" of Life can be increased in value not so much by increasing your Numerator as by lessening your Denominator. Nay, unless my Algebra deceive me, Unity itself divided by Zero will give Infinity." Thread: LADIES & GENTLEMEN: I PRESENT to YOU OUR NEW SUN !! |
| blue devil User ID: 30728507 United States03/29/2013 08:43 PM Report Abusive Post Report Copyright Violation | I have less than 100k in banking and checking in a local credit union. They do not have a huge portfolio of risky loans or "derivative time bombs" on their books like a TBTF bank does. The Cyprus issue has no impact on that account, nor does the BOE/FDIC document OP posted. Message - use local credit unions. Worry less. If you have more than 100k in a bank to worry about, think harder. |
| Dangerwalt User ID: 36937525  Brazil03/29/2013 08:43 PM  Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 37037518  Ireland03/29/2013 08:45 PM Report Abusive Post Report Copyright Violation | |
| Lemon User ID: 5766356 United States03/29/2013 08:47 PM Report Abusive Post Report Copyright Violation | I love a good Doomgasm, but this paper says nothing. If your global bank fails, don't expect your money back. (in the UK or the US). I can't say that this is new or exciting. Pick a small local bank or credit union, and take the management out to lunch every few months to find out "what's really going on" **I'm all out of bubblegum |
| Anonymous Coward User ID: 28870983 United States03/29/2013 08:49 PM Report Abusive Post Report Copyright Violation | |
| Lemon User ID: 5766356 United States03/29/2013 08:49 PM Report Abusive Post Report Copyright Violation | meh... Quoting: blue devil 30728507 I have less than 100k in banking and checking in a local credit union. They do not have a huge portfolio of risky loans or "derivative time bombs" on their books like a TBTF bank does. The Cyprus issue has no impact on that account, nor does the BOE/FDIC document OP posted. Message - use local credit unions. Worry less. If you have more than 100k in a bank to worry about, think harder. yup - this - but FDIC limit is more than 100k now (250 I believe). Meet and know your local banker. **I'm all out of bubblegum |
| Lemon User ID: 5766356 United States03/29/2013 08:52 PM Report Abusive Post Report Copyright Violation | I know nothing about credit unions. Do you guys really think they'll be safe? Quoting: Anonymous Coward 28870983 Some credit unions are very large. Pick a small local one. "safe" is a relative term, but a small local credit union is as safe as banking gets. The other option, gold & silver buried in your yard has (in my opinion) more risk of being stolen than the small local bank or credit union. **I'm all out of bubblegum |
| Anonymous Coward User ID: 10032593  Canada03/29/2013 08:58 PM Report Abusive Post Report Copyright Violation | ..& yet only a handful of 'Ignorant Hippies' turned out to stop them. How many of you even bothered to write your representatives.. By doing nothing.. we've allowed them to take it all & now you don't even have the right to complain about it. Congratulations we've managed to flush 200 years of struggle down the drain in less then one generation.. maybe they'll allow you to swap your karma points for credits. |
| Anonymous Coward User ID: 8397139 United States03/29/2013 09:02 PM Report Abusive Post Report Copyright Violation | ..& yet only a handful of 'Ignorant Hippies' turned out to stop them. How many of you even bothered to write your representatives.. Quoting: Anonymous Coward 10032593 By doing nothing.. we've allowed them to take it all & now you don't even have the right to complain about it. Congratulations we've managed to flush 200 years of struggle down the drain in less then one generation.. maybe they'll allow you to swap your karma points for credits. Don't blame this shit on us Gen-X'ers. The Baby Boomers fucked us and fucked us hard. Though, truth be told, we've been headed downhill since 1864. |
| Lex User ID: 36773218 United States03/29/2013 09:05 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 37024308 United States03/29/2013 09:05 PM Report Abusive Post Report Copyright Violation | |
| Saddletramp User ID: 740874  Puerto Rico03/29/2013 09:06 PM Report Abusive Post Report Copyright Violation | The date on the doc was December of 2012... "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
| blue devil User ID: 30728507 United States03/29/2013 09:07 PM Report Abusive Post Report Copyright Violation | As far as precious metals, I used to have a nice sized jar of pre-1964 real silver half dollars. But then somebody broke into my apartment and stole them. Later, I was able to replace them with silver maple leaf coins but I was out in a small aluminum fishing boat hunting northern pike and it tipped over. Lost it all. Again. My dream is to go bake to that lake with scuba gear and a metal detector and find it again. I haven't had the money for that yet. One day... |
| Anonymous Coward User ID: 28870983 United States03/29/2013 09:08 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 32041464  Australia03/29/2013 09:12 PM Report Abusive Post Report Copyright Violation | Another thing this does is subject your account to re-hypothecation, in other words, you're accounts can be used by your bank or broker as collateral (this is how you become an unsecured creditor)... Quoting: Saddletramp Dodd-Frank was the law that JP Morgan used to steal accounts and loot MF Global when it went tits up, but this rule applies to banks as well... You are no longer a "Depositor" in the bank, you are now an "Investor" or an "unsecured creditor"...meaning you just lost 90% of the protections on your money... Dodd-Frank was the biggest raping of depositor rights EVER... Get your money out of the banks... Where to put it? In your mattress, you'll get almost as much interest and at least it will be safe from these demons... I have a good safe but I worry about robbers! The BANKS are the robbers! |
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