Media: Central Bankers Have a Special New Excrement Sandwich and You Are Going to Love It!

Central bankers are now planning to confiscate money from depositors and the media reports this as a bold innovation that will help the economy. The tone of this article is fascinating. It is like a doctor telling a patient he has terminal cancer by telling him a joke about it. Except in that scenario, the doctor did not cause the cancer. But the central bankers are planning on robbing people and they are announcing this as the best news for us, the little people. The media simply writes their Read more […]

Big Banks Getting Ready to Plunder Customers

The big banks are putting the finishing touches on their plan to rip off their own depositors to cover their stupidity, instead of taxpayers. How nice. Via Reuters: “G20 edging towards deal on ‘bail-in’ bond cushion for banks Government leaders are expected to agree in November that the world’s top banks must issue special bonds to increase the amount of capital which can be tapped in a crisis instead of calling on taxpayers to come to the rescue, industry and G20 officials said. The bonds, Read more […]

The Spanish Version of Banksta’s Paradise

First, the nations of the West quietly implemented “bail-in” laws, so that in the event of a banking crisis, account-holders will pay for the sins of their bankers. Citizens in Cyprus found out the hard way that the phrase “as good as cash in the bank” means nothing when your bankers are counterfeiting, gambling thieves. Now, the next flag up the pole is a direct government theft from everyone with a bank account—a tax for the “foolishness” of keeping money in the bank. Here is a rough translation Read more […]