This takedown of the only viable alternative to fiat currency in the manner in which it was executed by the FED and its Too Big To Fail banking front-runners is a stark warning that things will turn ugly very soon.
This issue is so important that no other political issue can take precedence. Everything else is a consequence of this financial implosion – wars, mass rioting in developed countries (US and Euro-zone countries) and massive state oppression by government agencies such as the Department of Homeland Security (DHS) in the US and in other countries.
No Bank Deposits Will Be Spared from Confiscation
>>http://futurefastforward.com/images/stories/financial/No_Bank_Deposits_Will_Be_Spared_from_Confiscation.pdf
I challenge anyone to prove me wrong that confiscation of bank deposits is legalised daylight robbery, By Matthias Chang – Future Fastforward 25th April, 2013 ~ Bank depositors in the UK and USA may think that their bank deposits would not be confiscated as they are insured and no government would dare embark on such a drastic action to bail out insolvent banks.
Before I explain why confiscation of bank deposits in the UK and US is a 1000% certainty and absolutely legal, I need all readers of this article to do the following:
Ask your local police, sheriffs, lawyers, judges the following questions:
1) If I place my money with a lawyer as a stake-holder and he uses the money without my consent, has the lawyer committed a crime?
2) If I store a bushel of wheat or cotton in a warehouse and the owner of the warehouse sold my wheat / cotton without my consent or authority, has the warehouse owner committed a crime?
3) If I place monies with my broker (stock or commodity) and the broker uses my monies for other purposes and or contrary to my instructions, has the broker committed a crime?
I am confident that the answer to the above questions is a Yes! However, for the purposes of this article, I would like to first highlight the situation of the deposit / storage of wheat with a warehouse owner in relation to the deposit of money / storage with a banker.
... This is the truth, the whole truth and nothing but the truth. The law has been in existence for hundreds of years and was established in England by the House of Lords in the case Foley v Hill in 1848.
“The objective of an effective resolution regime is to make feasible the resolution of financial institutions without severe systemic disruption and without exposing taxpayers to losses, while protecting vital economic functions through mechanisms which make it possible for shareholders and unsecured and uninsured creditors to absorb losses in a manner that respects the hierarchy of claims in liquidation.”
This is the kind of complex technical jargon used by bankers to confuse the people, especially depositors and to cover up what I have stated in plain and simple English in the foregoing paragraphs. The key words of the BIS guideline are: “without severe systemic disruptions” (i.e. bank runs), “while protecting vital economic functions” (i.e. protecting vested interests – bankers), “unsecured creditors” (i.e. your monies, you are the dummy), “respects the hierarchy of claims in liquidation” (i.e. you are last in the queue to be paid, after all secured creditors have been paid). This means all depositors are losers! Please read this article carefully and spread it far and wide. You will be doing a favour to all your fellow country men and women and more importantly, your family and relatives.
>>http://futurefastforward.com/images/stories/financial/No_Bank_Deposits_Will_Be_Spared_from_Confiscation.pdf
I challenge anyone to prove me wrong that confiscation of bank deposits is legalised daylight robbery, By Matthias Chang – Future Fastforward 25th April, 2013 ~ Bank depositors in the UK and USA may think that their bank deposits would not be confiscated as they are insured and no government would dare embark on such a drastic action to bail out insolvent banks.
Before I explain why confiscation of bank deposits in the UK and US is a 1000% certainty and absolutely legal, I need all readers of this article to do the following:
Ask your local police, sheriffs, lawyers, judges the following questions:
1) If I place my money with a lawyer as a stake-holder and he uses the money without my consent, has the lawyer committed a crime?
2) If I store a bushel of wheat or cotton in a warehouse and the owner of the warehouse sold my wheat / cotton without my consent or authority, has the warehouse owner committed a crime?
3) If I place monies with my broker (stock or commodity) and the broker uses my monies for other purposes and or contrary to my instructions, has the broker committed a crime?
I am confident that the answer to the above questions is a Yes! However, for the purposes of this article, I would like to first highlight the situation of the deposit / storage of wheat with a warehouse owner in relation to the deposit of money / storage with a banker.
... This is the truth, the whole truth and nothing but the truth. The law has been in existence for hundreds of years and was established in England by the House of Lords in the case Foley v Hill in 1848.
“The objective of an effective resolution regime is to make feasible the resolution of financial institutions without severe systemic disruption and without exposing taxpayers to losses, while protecting vital economic functions through mechanisms which make it possible for shareholders and unsecured and uninsured creditors to absorb losses in a manner that respects the hierarchy of claims in liquidation.”
This is the kind of complex technical jargon used by bankers to confuse the people, especially depositors and to cover up what I have stated in plain and simple English in the foregoing paragraphs. The key words of the BIS guideline are: “without severe systemic disruptions” (i.e. bank runs), “while protecting vital economic functions” (i.e. protecting vested interests – bankers), “unsecured creditors” (i.e. your monies, you are the dummy), “respects the hierarchy of claims in liquidation” (i.e. you are last in the queue to be paid, after all secured creditors have been paid). This means all depositors are losers! Please read this article carefully and spread it far and wide. You will be doing a favour to all your fellow country men and women and more importantly, your family and relatives.
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