Monday, July 23, 2012

Too Big To Fail - Fed Proposal Allows Banks To Seize Your Money

Too Big To Fail - Fed Proposal Allows Banks To Seize Your Money

 In other words, in the event of any kind of "run" on banks, your accounts would be frozen, and if banks need to seize their customers deposits to prevent them from failing then we must allow it.

I was wondering how long it would take before this happened.

Another brick in the Wall.


T.W.





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