Remember when FDIC only covered the first $100,000 of your money You an I now become the insurers of last resort for all they deposits in all the banks and credit unions foamposites galaxy. That's another one of the big bank bailouts.
With government run deposit insurance banks and lenders have no risk nike dunk sb. Therefore they make unwise money decisions.
Just look what happened to the Federal National Mortgage Association, Fannie Mae nike free run sale . Fannie Mae and Freddie Mac were GSEs, government sponsored enterprises.
They were listed corportations on the New York Stock Exchange. Not any more. With the federal government to back them up, they made unwise lending decisions leading to bankruptcy. Now, you and I own them. Right they are privatized also. Both of them. Just another one historys recent bank bailouts. Obamacare putting 20 per cent of our economy under government control is a bailout. It will be the straw that broke the camels back. There will be a lot of health care rationing. Don't let them fool you. Reduced tax revenue due to the business slow down and more people on the system will mandate rationing. This will lead to long lines, long waits and denial of service because of age. All because of the economic reality of reduced tax revenues coming in to government coffers in the GREATER DEPRESSION.The Federal Reserve and President Barack Hussien Obama both want America weakened and its reputation ruined so a new-world-order world government can take over. I am serious here. The wars, bank bailouts, foreign aid, global warming hype, cap & trade (a business killer) ideas are all smokescreens to hide the elitist big brother - one-world government ambitions.Now, President Obama apparently has ambitions of getting back at the European, the British and the American colonialists. Obama wants America to pay for what he sees as oppression and a big rip off of natural resources from third world countries that has been going on for the last 300 years. His socialistic ambitions are apparently a fulfilling of his fathers anticolonialist dreams of getting even with these empires. Obama's father's socialist dreams are becoming the worlds nightmare. Obama Jrs dream starts with a vastly more fascist state right here in America. Juniors self written autobiography is titled, DREAMS OF MY FATHER. So, dont tell me otherwise.You might have a lot of buyers remorse about electing him when you realize you have helped an anticolonialist fascist ruin America.The power elite world banksters plan is to control us by ruining the value of the money thereby weakening our morals and fortitude. Then they plan rob us of our freedom and make us pawns in their game. They don't care how long it takes. That is why I joined the Libertarian Party. Libertarians believe in small government. Contract out as much as government as possible to the lowest bidder, but keep a military. Free enterprise is the only solution.Don't trust the Federal Reserve. They are not accountable, subject to an audit, federal or a reserve of anything. They are not even a bank. You can't walk in and open an account.The Federal Reserve is an agent for the world power elite and money banksters. Rothchilds Morgans Warburgs - Who knows who Some people are definitely on a nefarious 100 year-old scheme to bring the once strong America down by ruining the value of the money. The dollar of 1913 is now only worth 4 cents. This is so they can have world control and a one-world government. Complete control of people cradle to grave. You had better start protecting your LIBERTY or you won't have any.The World Bank, the International Monetary Fund (IMF), other countries central banks and the United Nations are all partners in their new-world-order plan. Now, the President of the United States, Barack Hussein Obama is joining the conspiracy on a mission to make America pay for invading, occupying and looting the third world nations.First financial freedom goes - thereby foreclosing free will and liberty. I am serious. We are being duped. WE HAVE BEEN LIED TO! This TYRANNY is TREASON. Read the book THE CREATURE FROM JEKYLL ISLAND A Second Look At The Federal Reserve by G. Edward Griffin 1994, if you don't believe me. Every word is true!What is deflation It is the de-leveraging of the 100 years of credit inflation and bank bailouts. Credit inflations always crash.
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