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  • International Business Machines Corp.: The Best Investment In Metadata Storage Solutions? [View article]
    Oh, this is great.................. make money by financing the loss of our freedoms.

    I bet the founding fathers would be proud of all who profit from this.
    Jul 19 03:41 PM | 1 Like Like |Link to Comment
  • Major banks have reportedly made proposals to the Fed on how to pay for the restructuring of large financial institutions that collapse, with the idea being to avoid the chaos that followed Lehman's bankruptcy. Among the suggestions, the largest financial-services holding companies would maintain combined debt and equity equal to 14% of their risk-weighted assets, which would be used to support any failed bank unit seized by regulators. [View news story]
    The solution will be what happened in Cyprus. Depositor accounts will be confiscated. If you are a CFO for a municipality, county, state or other public entity, GET YOUR MONEY OUT OF THE BIG BANKS!

    The blueprint for this was written in 2012 in the FDIC/Bank of England Joint Paper.

    Form your own Public Bank. It will protect your money and provide you with zero or near zero access to cash for infrastructure and other needs.
    Jul 14 04:52 PM | 1 Like Like |Link to Comment