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Post by kevlar on Jan 3, 2023 7:50:49 GMT -6
I wasn’t sure where to put this. I read that the Attorney General of the Virgin Islands tried to sue JPMorgan for their involvement with Epstein and his child trafficking. And of course she’s relieved of her job. Shows what kind of world we live in and how it works.
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Post by kenmb on Jan 3, 2023 8:15:59 GMT -6
Yes, that news seemed to hit pretty darn close to my tin foil world view of who is in charge of who. Does the government tell the banks how things are going to be or do the banks own the government. But I suppose we would need to ask if this quote was actually said, but even that would be irrelevant if it is true a private entity can hold a government and country hostage and control all if you had the power to control the money supply. And since the Federal Reserve is actually a private corporation, then I guess the rest is pretty simple to understand.  |
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Post by runninredhard on Jan 4, 2023 12:53:46 GMT -6
You wonder where is the state of Democracy and "rule by the people and for the people" is. You see the attorney general speaking truth in the Virgin Islands and not only getting censored but losing her job over it! It seems the people are always been duped and the elites get what they want unhindered. I saw a great summary of what took place in Ukraine and how it is continuing to unfold. Fitting the pieces of the leaked Nuland video – “F$%# the EU” and how the administration manipulated the Ukraine uprising in 2014. Years later Nuland also admitted concern for the biolabs in Ukraine which were going to fall into Russian hands! I think this independent ConsortiumNews outfit did an outstanding job of bringing the truth to the forefront by exposing international manipulation by the American policy. Who wins and who loses? Now the Democrats are meddling at home with the help of FBI, CIA and DOJ as we see once more with the Twitter files and their manipulating and censoring of freedom of speech. Really since the gold standard was removed, the world has been in freefall and accountability has been replaced by plausible deniability! ie. Corruption. We wonder where all the gold is in fact located! consortiumnews.com/2022/12/29/evidence-of-us-backed-coup-in-kiev/ |
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Post by Bigtalk on Jan 4, 2023 16:08:07 GMT -6
Until covid, I would have believed most of what came out of the MSM and most of the west's rhetoric. Not any more!!!
The master manipulation utilized by the west on it's own innocent people during covid has proved, beyond any doubt, they can no longer be trusted. The game has been exposed.
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Post by runninredhard on Jan 4, 2023 17:57:40 GMT -6
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Post by northernfarmer on Jan 5, 2023 19:16:30 GMT -6
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Post by shmiffy on Jan 13, 2023 17:34:50 GMT -6
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Post by OptimallyDismal on Jan 14, 2023 9:51:33 GMT -6
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Post by kenmb on Jan 16, 2023 9:00:05 GMT -6
Not much surprising there. When people like to mention your deposits are insured from bank failure I wonder if anyone ever did the math on how much the government backing is in regards to what needs to be replaced if a bank fails. The article seems to imply the "experts" just started doing that math in November. I did the math years ago.
And, like most other things, it's not just coincidence that bank bail in laws were just created 14 years ago. Life went on perfectly well without them but then the hand crafted Great Financial Crisis - told to us as a black swan event - occurred and then we needed all these changes.
I am not sure whether it was a smart move but dad had a bunch of cash sitting in his RBC bank account so put it into a 1 year GIC @ 4.75%. Really don't know if a government financial tool is any safer because it's all one big shitt show anyway but figured it was one step better than getting 0.5% or whatever in the bank.
Still a big fan of owning tangible things and having some savings in gold and silver. Bank bail in laws were not actually put in place to make life better for you and I. Investments in stocks and such will likely become just as worthless as your bank account if a situation was executed to trigger the bank bail in laws since everything flows through banks. No one really spelled that out so who knows, dad has investments also done through RBC wealth management so perhaps those holdings become the banks property also.
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Post by OptimallyDismal on Jan 16, 2023 9:11:57 GMT -6
A lot of people don't realize that CDIC only applies to $100,000 per institution as well.
Also anything above $100,000 can be confiscated by the government as they see fit in an economic crisis, although trudope has shown that the rules are much more flexible now.
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Post by shmiffy on Jan 16, 2023 10:01:07 GMT -6
There are getting to be a few big banks in the US that are factoring in credit losses for this quarter.
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tommo780
Junior Member
Posts: 61
Likes: 61
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Post by tommo780 on Jan 16, 2023 22:33:43 GMT -6
A lot of people don't realize that CDIC only applies to $100,000 per institution as well. Also anything above $100,000 can be confiscated by the government as they see fit in an economic crisis, although trudope has shown that the rules are much more flexible now. CDIC, like any of these "insurance scams" don't have anywhere near the assets necessary to cover deposits at the major institutions. I would have to see if I still have the reply somewhere but I contacted them back in 2020 when things looked a bit shaky and they outright admitted they don't have enough to cover in the event of a run on institutions. I remember they also sent me some of the generic cartoon videos saying what happens in the event of a meltdown and basically we all get bailed in and instead of deposits we get equity in what will be by that point a failed institution so it will be utterly worthless. Fun times ahead. |
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Post by kevlar on Jan 16, 2023 22:42:40 GMT -6
Anyone with large sums of money sitting in a bank right now, or at any time really, are nuts. Not a problem I have, but if I had a million dollars kicking around, I would feel better if it was in a tin can in my basement rather than in a bank.
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Post by Oatking on Jan 17, 2023 7:40:11 GMT -6
^ Interesting way to look at it kevlar. I wonder how governments would govern if they did not know how much money we had as individuals. Our information is to far out in the open!
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Post by kevlar on Jan 17, 2023 8:10:23 GMT -6
A part of why I feel that way was brought to light just a few weeks ago. Banks at one time were a safe place to store your money, they kept your actual physical money. Now it’s all pretend money that shows up on a computer screen, and we all know computers aren’t foolproof. Here’s what happened: my niece had a savings account that she had put all her scholarship money into. She does everything online and keeps no paper records. Luckily she won some draw the bank had so told them to just put it in her savings account. Now here’s where it gets interesting. There is no account and no record of the account and nobody working there can find any trace of it. The fortunate thing was that when her grandmother heard about this, she happened to go and check her accounts and being old school had records of exactly how much money she had. Somehow the money got put into her account with no signature required and no trail whatsoever of how it got there. There was no records to prove that my niece even had an account and it showed that she had never even opened one up. The two things that really irked me was that this could happen on a supposedly secure system, and the way that the bank handled it and never even apologized for it and were fairly rude about it. Now if her money had gone into someone else’s account and never noticed or told anyone, my niece would have been SOL. Maybe not but it would have likely required a lawyer. This is the same bank I deal with and really the only reason we stay there is the loans officers have been great to us, but if our main lender quits, they will have to work a lot harder to keep my business. So for anyone who says your money can’t disappear, yes it can.
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