Now everything is collapsing. The financial order is imploding.

Greetings,

  In the fall of America and the destruction of the white world, most so-called American negroes, are not aware of the degree of collapse we are in. They are blind ,deaf, and dumb to the reality of what is going on. And the worst thing about it is they do not even know that everything that is going on here in America, and globally, is for their redemption and salvation.

  The whole world is being destroyed because Allah stated through the mouth of His prophets ,that He would wage a universal war on those who have subdued the earth and nature under their power and rule for the past 6,000years. He stated that He would free us at all costs.

  Now everything is collapsing. The financial order is imploding. The markets are collapsing. The jobs are disappearing. The home are sitting empty.

  Hunger is the new food today. Wealth destruction is going on globally. This shows us that everything that we knew is dying. The old is passing away and a new world is coming in.

  All of these troubles now plaguing America, and Europe, is because of their treatment of the Black nation….”

  ….”The white man has had his way of ruling the Black people for so long that he thinks that he still has the power to do so while in reality the white man has come to the end of his time of power to rule the Black people.

  Regardless to Allah’s (God’s) Retaliation to the white man for his evil acts done to the Black man, the white man still keeps inviting the retaliation of Allah (God). The white man must remember that he cannot win today over Allah (God) and His Servant, for He has power over the fraction of an atom.

  The judgment of America. Judgment has come to you America. Woe to you who seek to fight against Allah (God) and against His aim and purpose. Woe to you America. Allah (God) has made you blind to His judgment and therefore you are committing suicide. He has made you blind on purpose…to give you the full dose of His wrath, for when a man does not know the danger of fire, then he can fall headlong into it.

  America has mistreated the Black man for four hundred years and she does not think that there is ever a God Who will accept her Black slave and return on her head the injustice done to her Black slave.”–pg.148(tfoa)

  She still refuses to give justice to those whom she has wronged. Though she is being destroyed, she yet has some arrogance in her, but Allah will soon force her to submit. Look at her implode. She is hurting deeper than you think.

  Her problems are deep rooted. Her disease is metastasizing. Her corruption is systemic!!!!

  Are You Prepared For a US Bank Bail In?

 

If you have cash in a US bank, you can expect to have the federal government take it all the next time US banks find themselves in trouble.  

Photo: Wikimedia Commons

The days of the federal government stealing money from taxpayers, or borrowing it from the Federal Reserve, to save troubled banks — as in they did in the 2008 crisis — may be over. Congress is considering imitating the theft in Cyprus and letting troubled banks “bail in” depositor money in order to make themselves solvent. 

Jim Sinclair, chairman and chief executive officer of Tanzania Royalty Exploration Corp., and whose family started Goldman Sachs, Salomon Brothers, Lehman Brothers, and others, has been warning of this for a while. 

“Bail-ins are coming to North America without any doubt, and will be remembered as the ‘Great Leveling,’ of the ‘great Flushing’. Not only can it happen here, but it will happen here…It stands on legal grounds by legal precedent both in the US, Canada and the UK.”

Financial expert Michael Snyder adds, “When major banks fail, they are going to bail them out by grabbing the money that is in your bank accounts. This is going to absolutely shatter faith in the banking system and it is actually going to make it far more likely that we will see major bank failures all over the Western world.”

This news isn’t exactly new, but the story is still developing, the monetary system is much closer to collapse and the bail-in is imminent. In fact, US banks presented the Federal Reserve with a bail-in plan to pay for large banks’ restructuring in the event of a future crisis, The Wall Street Journal reports. The plan was presented to the US Federal Reserve in an attempt to preempt tougher rules from the regulators.

The private meeting was reportedly attended by officials from Wells Fargo & Company, Bank of America Corp, Citigroup Inc. and several other banks. The bail-in mechanism would be designed to place a greater burden on creditors, as opposed to the taxpayers (theft victims), in the event of a bank’s collapse. In addition to the fleecing of depositors in Cyprus, the burden keeping a bank afloat was put on bondholders already this year when the UK’s Co-operative bank unveiled a rescue package that forced the bank’s bondholders to take a  £1.5 billion hit to plug the  £1.5 billion hole in the bank’s balance sheet. 

The proposal presented to Federal Reserve officials would involve the largest financial-services holding companies would be willing to hold a certain amount of debt and equity which would be used to prop up any failed bank subsidiary seized by regulators, but the regulators will likely stick to their own plans which involves more aggressive measures including capping bank-size, breaking-up institutions or forcing banks to take on more long-term debt.

In the end, however, it’s not just creditors who will be on the hook but depositors as well. Jim Sinclair pointed out that banks legally own depositors’ funds as soon as the depositors hand those funds over to the banks. The money becomes the banks and the “depositors” actually become unsecured creditors holding promises to pay. Previously the banks were obligated to pay back this loan on demand with cash. Under the new Federal Deposit Insurance Company – Bank of England (FDIC-BOE) plan revealed this year, however, these promises to pay become equity in the bank, which won’t be able to be used as payments for bills, which is why most people have money in the bank in the first place.

The point is that your money is not yours while it is “deposited” with a bank. And bail-ins are coming to shatter any illusion that they are for US depositors. Notice that banks are already setting up deposits for seizure. Despite the excuses of the likes of JPMorgan, the banks are indeed clamping down on outgoing international wire transfers and now putting in limits for withdrawal that they are closing the doors. If you don’t get your money out now, possibly by end of this year or sooner, you may not be able ever to get it out. Once doors are closed the federal government might do a bank holiday and bail in to make the banks “solvent” again. At best you may get some “bank equity” that is both illiquid and which will ultimately be worth a tiny fraction of the deposit it replaces. 

And, not to mention FATCA coming into effect in July 2014 it will be nearly impossible for an American to get a bank account outside the US (it already is, but will be even worse).

  Source: http://intellihub.com

 

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