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Showing posts with the label Banks

THIS IS EPIC

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THIS IS EPIC: Elderly Woman Sends This Bank An Angry Letter After They Bounced Her Check… Shown below, is an actual letter that was sent to a bank by an 86 year old woman. The bank manager thought it amusing enough to have it published in the New York Times . ————————————————————————– Dear Sir: I am writing to thank you for bouncing my check with which I endeavored to pay my plumber last month. By my calculations, three nanoseconds must have elapsed between his presenting the check and the arrival in my account of the funds needed to honor it.. I refer, of course, to the automatic monthly deposit of my entire pension, an arrangement which, I admit, has been in place for only eight years. You are to be commended for seizing that brief window of opportunity, and also for debiting my account $30 by way of penalty for the inconvenience caused to your bank. My thankfulness springs from the manner in which this incident has caused me to rethink my errant financial ways. I noticed that wh...

A Half-Right Monetary Reform for Iceland

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A Half-Right Monetary Reform for Iceland The benefits of abolishing fractional reserve banking Image Credits: puyol5, Flickr . by Patrick Barron | Mises.org | April 28, 2015 The prime minister of Iceland recently commissioned a report by Frosti Sigurjonsson to recommend a better money and banking system for Iceland. The recently released report recaps Iceland’s sorry history of money and banking disasters and lays the majority of the blame for the 2008 collapse on the institution of fractional reserve banking, which caused an out-of-control increase in the money supply. Sigurjonsson recommends the abolition of fractional reserve banking, a separation of deposit and loan banking, and an end to deposit insurance. Unfortunately, Sigurjonsson also recommends more power for the central bank through what he calls the “sovereign money system.” An Out-of-Control Money Creation Process Sigurjonsson is correct that the central bank lost control of the money supply in the years leading up ...

Brief History of Taxes in America Shocking

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Brief History of Taxes in America Shocking Thursday, February 19, 2015 12:18 The History Of Taxes In The U.S. By Amy Fontinelle The plethora of taxes we pay today – federal income tax, alternative minimum tax , corporate tax, estate tax, FICA , and so on – didn’t always exist. America’s first citizens enjoyed few to no taxes, and taxes were added, increased and occasionally (and often temporarily) repealed to give us the tax regime we have today. Let’s explore the origins of some of the more common taxes we face today. When Were Taxes Implemented? Most of the taxes we pay today have been around for less than half of our country’s history. One of the oldest is the estate tax ,which was enacted in 1797, but was then repealed and reinstituted over the years, often in response to the need to finance wars. The modern estate tax was implemented in 1916 and the gift tax came about in 1924. The federal income tax was enacted in 1913, and corporate income taxes were enacted slightly earlie...

The BANKs are going to ROB you and there's nothing you can do about it EXCEPT get your money out of there BANKs before it happens

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New Banking Rules Will Devastate Depositors As Your Money Becomes Theirs In The Next Crisis Friday, January 2, 2015 9:11 (Before It's News) During the next banking crisis, any ‘money’ that you and I have in the bank will be ‘bailed-in’ after a financial collapse. And if you think that your money is protected with your bank account’s FDIC backing, think again. During the recent G20 meeting (mid-November), the member nations decided that your bank deposits will become property of the bank if a crisis takes it down . This means that the bank will be able to pay off their creditors first (if there’s any left to pay) and the money will no longer be yours. The new rules essentially change the status of you as a depositor (of your money) to that of an investor in the bank. And as with any investor in the stock market (for example) you will be subject to losing your money. The rules have completely changed… Essentially the depositors are now responsible for bailing-in the banks for an...

First 9/11, Then Ebola, Then Guillotines…

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First 9/11 Then Guillotines Part I of the Plan for Total Domination of the World - Explosions Let us start with a coup attempt on the US, a US presidential assassination and a successful US coup, all committed by the same family. Prescott Bush attempted a fascist coup in 1933 http://salem-news.com/articles/december032011/bush-drugs.php   His son GHW Bush was involved in assassinating Kennedy.  http://www.shiftfrequency.com/alfred-lambremont-webre-expert-ole-dammegard-on-jfk-rfk-john-lennon-assassinations-watergate-911-cia-operation-40-video/ When he became president, GHW Bush stole trillions from the US. “Wanta, with the help of Reagan, amassed a fortune of $27 trillion, funds earmarked by Reagan to pay America’s national debt, restore the nation’s infrastructure and fund a world free of debt based currencies. “However, after Reagan left office and George H.W. Bush assumed the Presidency, Wanta was kidnapped and imprisoned in Switzerland, transferred to an American prison ...