So you have busted your ass all of your life, worked like a mule, scrimping and saving to enjoy a comfortable life for you and your family somewhere down that very long road. Never had a credit card, always paid cash and even cut out coupons for the grocery store to save a little.

Finally after 15 – 20 years of marriage (or whatever they do these days) you finally paid off your home, paid cash for a new car, put the kids through school and put a few bucks in the bank, feel secure so you can go through the duration with your feet up. What a mistake you and millions of other American have made.

Guess again ladies and gents; there is a little tid-bit of information most of you don’t know about. Little did you know, that money you sweated your ass off for, scrimped, saved and bled to at times to deposit in the bank is really not your money. Technology; as far as our government is concerned; once money is deposited in the bank, that money theoretically becomes property of the bank.

Under certain circumstances, in the event the bank goes bust, they are allowed by law to commandeer depositor’s funds to bail themselves out. How do you like those apples?????

This article pretty  much explains how we all can theoretically get shanghaied by our own government that passed this law to protect the banking system and not the depositors.

http://sandiegofreepress.org/2015/01/the-bail-in-how-you-and-your-money-will-be-parted-during-the-next-banking-crisis/

It doesn’t matter if the banks fail because of their own negligence or what the circumstance surrounding their going bust is, they still have the authority from our own government to steal or money to save them from sinking to the bottom of the financial ocean.  How do you like those apples???

I will wager that 99.9999% of the population doesn’t know about this law. If the did I wonder just how many people would continue to keep their money in the bank?

This just demonstrates  one other way that OUR incompetent politicians are  in bed with the financial institutions and could care less about the citizens of this country.

I would not be the least bit surprised if there is some fine print in that law allowing the banks to give the politicians a heads up well before the bottom drops out so they can make their withdrawals!!!

Let be realistic. The VAST majority of the blunders causing our government to go belly up if it would, would be on account of the politicians and the money people that run the country. Yet if the county ever goes sour, they have the right under the laws they passed to steal the depositors funds.

The whole thing in a nutshell is that there is not and ever has been any accountability in government for the blunders they cause.  They sweep it under the rug and continue on as nothing ever happened.

Along the same lines of accountability; take a good look at all of the turmoil and disasters caused by politicians while they are in office. When they are challenged on their mishaps, they either  take the 5^th (after they drink one), refuse to answer any questions or declare executive privilege. Executive privilege is just a sophisticate term for giving the people the international salute.

This is nothing exclusive to the USA. It happened to Greece just recently and I am sure in other countries I am not aware of. Going to show us that all politicians around the world are in a category all by themselves, with the proper name for them I would be arrested if I used in public.

I would like to know where in the hell the rights for the common citizen/working class comes in?  We bust our ass working for these people all our lives, keeping them in the lap of luxury and our payback is; if they go belly up we have to bail them out so they don’t miss a beat or another steak dinner.

I would conclude that this is some very scary stuff.

Dictionary.com – Does this look familiar