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chophouse

chophouse
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  • It Can Happen Here: The Confiscation Scheme Planned For U.S. And U.K. Depositors [View article]
    The article states " If the anticipated enabling legislation is passed, the FDIC will no longer need to protect depositor funds; it can just confiscate them."

    Can you please explain what is the status of this 'enabling legislation'? Has it been introduced yet? Otherwise this is all policy speculation, isn't it?
    Mar 28, 2013. 04:31 PM | 4 Likes Like |Link to Comment
  • FOMC Announcement: The economy has returned to moderate growth, says the committee, even as fiscal policy has become more restrictive. The asset purchase program remains in place. Chairman Bernanke's press conference begins at 2:30 ET. [View news story]
    "the growing number of those refusing to take solid, real jobs in turn for "more lucrative" gov't handouts?" What a canard
    Mar 20, 2013. 06:57 PM | 2 Likes Like |Link to Comment
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