Like in Cyprus, its coming to America.... The banks will borrow or sieze your money....... (((whether its before or after they seize your IRAs and 401K's is unclear--we talked about this allready-- as in other countries, the Govt plans to seize the $ trillions in your IRAs and 401K's to ""enhance"" the Social security system)))
Read more at http://www.wnd.com/2013/09/americans...vH0A3dEiFlo.99
http://www.wnd.com/2013/09/americans...cat_orig=money
Authority to allow bank “bail-ins” would be in lieu of approving any future taxpayer bailouts of banks that would be in dire need of recapitalization in order to survive.
Some financial experts contend that banks already have the legal authority to confiscate depositors’ money without warning, and at their discretion.
Some financial experts contend that banks already have the legal authority to confiscate depositors’ money without warning, and at their discretion.
http://www.wnd.com/2013/09/americans...cat_orig=money