The New Government/Banker Model coming soon to
Everyone!....Bail-in of your deposit accounts
and confiscation of your pension funds....well
i told you a few months back it was coming!!
Neither the money in your bank accounts nor the
shares/bonds etc you hold are safe....deposit
accounts are unsecured creditors and 99% of shares
etc are not held in your name but your bank or
broker......unless you have paper share certificates or DSR....
FDIC only insures $40 billion of the $11 Trillion
on deposit.....so no that won't save you.
Prepare for the Great leveling............
"While the world was glued to the developments in the Mediterranean in the past week, Poland took a page straight out of Rahm Emanuel's playbook and in order to not let a crisis go to waste, announced quietly that it would transfer to the state - i.e., confiscate - the bulk of assets owned by the country's private pension funds (many of them owned by such foreign firms as PIMCO parent Allianz, AXA, Generali, ING and Aviva), without offering any compensation. In effect, the state just nationalized roughly half of the private sector pension fund assets, although it had a more politically correct name for it: pension overhaul."
http://www.zerohedge.com/news/2013-09-06/poland-confiscates-half-private-pension-funds-cut-sovereign-debt-load#comments
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