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Think Your Money Is Safe In An Insured Bank Account? Think Again
A trend to shift responsibility for bank losses onto blameless depositors lets banks gamble away your money. When Dutch Finance Minister Jeroen Dijsselbloem told reporters on March 13, 2013, that the Cyprus deposit confiscation scheme would be the template for future European bank bailouts, the statement caused so much furor that he had to retract it. But the “bail in” of depositor funds is now being made official EU policy. On June 26, 2013, The New York Times reported that EU finance ministers have agreed on a plan that shifts the responsibility for bank losses from governments to bank investors, creditors and uninsured depositors.
Rumblings Of 'Lynchings' Over Trayvon Verdict
'Threats that some supporters are making are absolutely chilling' WND More than a year ago, noted Republican commentator Pat Buchanan warned that the outcome of the Trayvon Martin case, in which neighborhood watchman George Zimmerman is on trial for murder, could provoke rioting. “The public mind has been so poisoned that an acquittal of George Zimmerman could ignite a reaction similar to that, 20 years ago, when the Simi Valley jury acquitted the LAPD cops in the Rodney King beating case,” he warned. It seems he may have been right. WND reported earlier in the week that police in Sanford, Fla., where the trial is being held, already were going door-to-door, apparently trying to prevent any violent reaction to the jury verdict when it is reached.
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