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The Forum > General Discussion > Bank of America Insolvent.

Bank of America Insolvent.

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http://problembanklist.com/fdic-to-cover-losses-on-trillion-bank-of-america-derivative-bets-0419/ The US Federal Reserve (A private group of banks) has moved debts of the Bank Of America onto the the FDIC (Federal Deposit Insurance Corporation)which was set up in 1933 as result of the Glass Stegal Act.The purpose of this act was to separate commercial banking from retail banking.Bill Clinton made The Glass Stegal Act inoperative.

This is another bailout and means more debt for the US people while the bankers get off Scot free again.

This is the third biggests Corporation in the world that makes up 80% of retail banking in the USA.

This bailout will mean more money printing and the further destruction of the US $.When will the criminals be charged?
Posted by Arjay, Friday, 21 October 2011 11:49:09 PM
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When will the criminals be charged?
Arjay,
As soon as they no longer get the support of people like you .
Posted by individual, Saturday, 22 October 2011 4:01:36 PM
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I think "individual" ,you have seriously got your wires crossed.I do not support a banking system that creates from nothing, the money to equal increases in our productivity as debt.We are their debt slaves and this is not democracy!
Posted by Arjay, Saturday, 22 October 2011 7:00:14 PM
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Arjay,
I wasn't referring to the banking system. I was referring to the much more than your 0.001% of the banking system. ie. the mainly leftie public service & other leftie socialist outfits who cry ripped off but have no qualms claiming everything they can. May I suggest you look at the tax refund claims in this country. You'll find that those who contribute the least claim the most & they're not the business people who employ people. Look at your teachers & other bureaucrats & those in Universities & Law societies just to name a few.
We are heading for another depression under this system, it's unavoidable. No value for money is unsustainable.
Posted by individual, Saturday, 22 October 2011 8:50:15 PM
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Individual,we are in a depression and if this link is right,the real decadence has begun.The elites have set this up for the dominance of their monetary scams.The CO2 tax is just another case in point.
Posted by Arjay, Saturday, 22 October 2011 9:05:12 PM
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The CO2 tax is just another case in point.
Arjay,
Yes, another link to leftie involvement & trickery to get what they usually blame the conservatives for.
Posted by individual, Sunday, 23 October 2011 8:04:43 AM
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