Democrat Congress Tells Banks "Next Crisis, You Keep ALL Depositors' Funds," IRAs & Deposits. "NO Bailouts" From Congress.
Democrat Congress Tells Banks
"Next Crisis, You Keep ALL Depositors' Funds," IRAs & Deposits. "NO Bailouts" From Congress.
The Early Warning Sign of the 2008 Train-Wreck Was All "Cash" in the Market – GONE.
GUESS WHAT?
The National Debt's interest payments SUCKED all the money out of the "financial system." It left a lot of people holding the bag with nothing inside but a monster called "Debt" - selling the illusion of the American Dream on the right hand, while on the left stealing those same dreams and transferring them to someone else.
It's Happening Again.
My Fellow American,
Run for cover.
On September 16th, without a word, the Federal Reserve started pumping $75 billion a day (now $125 billion) into the banking system through its REPO (Repurchase Agreements) Credit Market.
The Credit Market for short term or overnight borrowing came to a screeching halt. Money availability to lend dried up.
The interest rate for short term lending went from 2% per year to 10%. OVERNIGHT.
The Last Time The CREDIT Market Seized Up – 2007One Year Before The 2008 Meltdown.
It's a clear signpost to what is coming in the near future.
The U.S. banking system is teetering and ready to fall.
100% of your deposits, savings, and paper assets, are at risk.
When banks begin failing, the U.S. Government is no longer bailing them out with taxpayer funds or the FDIC.
No More Government Or Taxpayer Bailouts For The “Too-Big-To-Fail!”
Get This Special Complimentary Guide: How To Protect Your Savings From Bank Seizure
No, instead…
We have a new law. The Dodd-Frank Act.
It was signed into law in 2010 under then President Barack Hussein Obama.
It's known under many different names:
- The Dodd-Frank Act.
- Wall Street Reform and Consumer Protection Act
- Public Law 111–203
- H.R. 4173
- Bank Bail-In (Google this search phrase: Dodd–Frank Bail–In)
The law states that a U.S. bank may take its depositors’ funds (i.e. your checking, savings, CD's, IRA & 401(k) accounts) and use those funds when necessary to keep itself, the bank, afloat.
That means:
- if your bank is heavily invested in derivatives
- or makes bad loans to sub-prime borrowers
- or manages the bank poorly and can’t service its debt
- or another 2008 banking crisis
- OR WORSE, ALL OF THE ABOVE
Instead of that bank going bankrupt and the bank’s assets sold off to be given back to its depositors…
Now the bank simply keeps your money and guess what? The bank is no longer bankrupt. Did you read that? The Bank Keeps Your Money. And here is the kicker,
Get This Special Complimentary Guide: How To Protect Your Savings From Bank Seizure
YOUR ACCOUNT IS NOT FDIC INSURED WHEN THE BANK TAKES YOUR MONEY. NOT ONE SINGLE PENNY.
It’s the law of the land and there is nothing you can do about it!
Welcome to the 21st Century in the United States of America.
But It’s Not Too Late
You Can Do Something About It
Don’t just sit idly by thinking this won’t happen to you. If you have more than $10,000 in any financial institution, that institution is eyeing your money.
They know that if they make bad decisions and run the bank into the ground, it’s ok. They can take your money and live to see another day.
BUT WHAT ABOUT YOU?
Wiped out? Reduced to living paycheck-to-paycheck?
By making one simple change to your savings strategy you can protect some or all of your retirement.
YOU HAVE TO TAKE ACTION NOW
Before anything, get your complimentary copy of: How To Protect Your Savings From Bank Seizure.
This guide will simply arm you with the necessary information you need to protect yourself, your savings, and your peace of mind.
Secondly, get your questions answered. DON’T WAIT! DON’T PUT OFF TILL TOMORROW WHAT NEEDS TO BE DONE TODAY! TOMORROW IS TOO LATE!
Pick up your phone and call one of our IRA/Asset Protection Specialists for a 15-minute complimentary consultation at (888) 411-GOLD (4653).
They will be able to answer all of your questions, but more importantly they can show you what smart investors are doing right now to keep their money safe from the money-grubbing hands of the banks.
Take action now. Grab your complimentary copy of: How To Protect Your Savings From Bank Seizure and protect your hard-earned retirement savings.
Sincerely,
David Schroeder
Monetary Gold
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