Friday, March 29, 2013

It Can Happen Here: The Bank Confiscation Scheme for US and UK Depositors

A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the making; that they originated with the G20 Financial Stability Board in Basel, Switzerland;  and that the result will be to deliver clear title to the banks of depositor funds.