Most people think that money is safe in the big banks because the FDIC will protect the deposits. This assumption is not based on the facts. This video will show official government documents that describe the plans for confiscating deposits when (not if) a big bank fails. Individual, as well as public funds from municipal, university, county deposits are at serious risk.

This video will show how Cyprus was not a one-time event and how the Cyprus confiscation was planned well in advance and how MF Global was the blueprint for future confiscations and how these losses were upheld by the legal system.

By Rudy Avizius

http://www.endtheillusion.org/

Email: rudy@endtheillusion.org

Rudy Avizius is a former educator and school administrator. He has been following the economic situation and the subsequent collapse for a decade now. He is concerned that the current economic, social, and environmental course we are on is not sustainable, and the time for real change is running out.

© 2013 Copyright Rudy Avizius - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Comments

Rudy-Avizius
26 Aug 13, 23:15

Government websites showing confiscation plans

These are the official government websites that show the approved plans for confiscations:

http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/137627.pdf

European Union

http://www.rbnz.govt.nz/regulation_and_supervision/banks/banking_supervision_handbook/5341478.pdf

New Zealand

http://www.fdic.gov/about/srac/2012/gsifi.pdf

FDIC-Bank of England Joint Paper

http://www.budget.gc.ca/2013/doc/plan/budget2013-eng.pdf

Canada

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