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RE: How the Bank(sters) Plan to Steal Money from Your Bank Account

in #life • 8 years ago

gem777,

Exactly. You are right on. The FDIC insures up to $250,000. However, newer laws make derivatives top priority leaving nothing left for the depositor. The new laws make us unsecured creditors. With the new bail-in laws, the banks can take our money to cure their default then issue us worthless bank stock in place of the money they stole from us.

8 years ago in #life by
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