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To: dontreadthis

Too many assertions, with not a single one backed up by source material:

1. “G20 says banks own deposits, not the the depositors.”

So what (assuming this is even true)? Has no effect on U.S. banks without legislative change.

2. “The spending bill just passed by congress makes the American taxpayer responsible for any derivatives loses that banks may suffer. These derivative holders now have first priority when any funds are paid out and depositors are relegated to last place.”

Assuming the first part is true, is the second part actually true? Would love to see a reference.

3. “And if you don’t think there is any danger of a banking crisis in America you may want to keep in mind that the Treasury Dept. has recently ordered $200k worth of 72 hr emergency kits for dispersion to every major bank in America. These are known by many as bug-out-bags and are used to support individuals when disaster strikes and they have to care for themselves for the first few days of crisis.”

Is this true? $200,000 doesn’t seem like it would buy very many “bug-out” bags. And what purpose do these “bug-out” bags serve for the “bankers” anyway? So they can flee? Stay to conduct “business” when what exactly has happened? Lights have gone out? Internet down? Zombies?

4. “New legislation now gives pension plans the ability to cut benefits to pensioners in the future making the future welfare of these people uncertain. “

True or not true? And what kind of pensions are supposedly affected? Defined benefit plans, defined contribution plans, IRAs?

5. “The sanctions being placed on Russia are beginning to destabilize the world in many ways.”

Seems like this was just thrown in randomly. Lots of other bad things besides this going on

6. “For the past few years those elite with knowledge of the coming monetary destruction have been putting their fiat dollars into any hard assets they can find.”

Let’s see some actual proof, you know, some numbers, some examples, some specifics.


59 posted on 12/24/2014 5:46:39 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: catnipman

Perhaps you would be more comfy over at fogbow ... you don’t appear to know shyte about what is actually happening in Amerika, and appear to be proud of your ignorance, proud enough to deride someone trying to give you a few clues.


60 posted on 12/24/2014 6:01:31 PM PST by MHGinTN
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To: catnipman; MHGinTN

1. “G20 says banks own deposits, not the the depositors.”

So what (assuming this is even true)? Has no effect on U.S. banks without legislative change.


FR “Search” feature is your friend....

WARNING Bank Deposits Will Soon No Longer Be Considered Money But Paper Investments
http://www.freerepublic.com/focus/f-news/3227765/posts


2. “The spending bill just passed by congress makes the American taxpayer responsible for any derivatives loses that banks may suffer. These derivative holders now have first priority when any funds are paid out and depositors are relegated to last place.”

Assuming the first part is true, is the second part actually true? Would love to see a reference.


Here’s your “reference”....again....FR Search is your friend....

New Law Would Make Taxpayers Potentially Liable For TRILLIONS In Derivatives Losses
http://www.freerepublic.com/focus/f-news/3234786/posts


108 posted on 12/26/2014 3:09:46 PM PST by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
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