Comments on: Plunderball – The new Euro banking game

By: Roger G Lewis

Roger G Lewis — Mon, 21 Oct 2019 18:41:14 +0000

https://hat4uk.wordpress.com/2013/03/22/the-odd-case-of-the-disappearing-slogpost-about-global-looting/

But equally staggering from an Anglo-Saxon viewpoint is this piece at Golem XIV quoting from a joint Bank of England/Federal Deposit Insurance Corporation paper as follows:

‘The U.K. has also given consideration to the recapitalization process in a scenario in which a G-SIFI’s liabilities do not include much debt issuance at the holding company or parent bank level but instead comprise insured retail deposits held in the operating subsidiaries. Under such a scenario, deposit guarantee schemes may be required to contribute to the recapitalization of the firm, as they may do under the Banking Act in the use of other resolution tools. The proposed RRD also permits such an approach because it allows deposit guarantee scheme funds to be used to support the use of resolution tools, including bail-in, provided that the amount contributed does not exceed what the deposit guarantee scheme would have as a claimant in liquidation if it had made a payout to the insured depositors.’

Take a look at the Golem piece: it will help to concentrate your mind about what exactly your own money is worth any more. It looks as if the monetisation of debt is moving globally into grand larceny against the innocent citizen.
The Great Control File Stand-Off #PaedoBrino #IABATO #TheSlog #GrubStreetJournal #LondonConversation #ConquestofDough

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By: Terence

Terence — Sun, 26 May 2013 17:36:43 +0000

A good post as usual,thank you.

With regard to the U.K. ‘Helping the banks’ — aka — ‘bail-ins’

Depositors in England since 1848 have been ‘legally’ deemed to have lent their money to the bank. The ruling statement by the Lord Chancellor makes it clear that in English law a monetary deposit becomes the asset of the bank,making the depositor an unsecured ‘creditor’.
Ask anyone about ‘Post War Credits’ who still live,they were cheated!!.

Any who keep money or anything else in a bank will lose it!

The U.K. mantra has never changed ………
“Lets use them” ………..Cannon fodder …….Factory fodder ……..Financial fodder.

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By: Just me

Just me — Mon, 13 May 2013 15:08:47 +0000

“My explanation that the sudden appearance of an unprecedented 400 ton short sale of gold on the COMEX in April was a manipulation designed to protect the dollar from the Federal Reserve’s quantitative easing policy has found acceptance among gold investors and hedge fund managers.”

http://www.paulcraigroberts.org/2013/05/13/gangster-state-america-paul-craig-roberts/