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News Link • Corruption

Secret FDIC Plan To Loot Bank Accounts

• http://rense.com, By Stephen Lendman
 Finance is a new form of warfare. It's more powerful than standing armies. Banking giants run things. Money power has final say.

Economies are strip-mined for profit. Communities are laid waste. Ordinary people are impoverished. Even their bank accounts aren't safe.

Cypriot officials agreed to tax them. Canada, New Zealand, and Euroland member states plan doing the same thing. So does America.

Officially they're called "bail-ins." It's code language for grand theft. Instead of breaking up, nationalizing, or closing down failed banks, depositor funds will keep them operating.

Money printing madness can't go on forever. Regulators, like FDIC, haven't enough money to insure depositors. It's simple mathematical logic.

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