2015 US Budget Bill, Includes Cancelling Protections On Bank Deposits, Puts Risky Derivatives Back Into Banks, Taxpayers Back On The Hook For Banksters

http://youtu.be/7Y1z6pFzAMc

Max Keiser and Stacy Herbert discuss the arrival of the ‘shakedown times’ as US and UK deposits and pension funds are now open to confiscation to Too Big To Fail banks in ‘resolution’…something that used to be known as ‘bankruptcy.’ 

In the second half Max interviews Karl Denninger about the likely oil price collapse impact on credit markets and the “Adequacy of Loss-Absorbing Capacity of Global Systemically Important Banks in Resolution”…say what? 

And, finally, the discuss the latest shenanigans from Jamie Dimon who lobbied to roll back certain Dodd Frank provisions regarding derivatives.

In the crash of 2008, banksters made a bad bet, so they got bailed out by taxpayers. Taxpayers got scr#(#*d. Since no one was punished and no one went to jail and the banksters need more money, they are now back, for another round. Are you ready to be stuck back in the dark, and treated like a mushroom that needs 'harvesting', all over again?

End

2015 US Budget Bill, Includes Cancelling Protections On Bank Deposits, Puts Risky Derivatives Back Into Banks, Taxpayers Back On The Hook For Banksters
http://agreenroad.blogspot.com/2015/01/2015-us-budget-bill-includes-cancelling.html