Will the U.S. Banking System Be Nationalized?
Hi Freeman, When and if the banks are going to be nationalized trust me I will let everyone I can know about it. I can tell you this much there has been talk and there is talk about a one world currency. So don’t be supprised when and if they are nationalized. When this happens the American people will be devistated. Their banking system as they know it today will no longer exsist. This why I tell people all the time you need to hang on to your money. Don’t spend foolishly. If you don,tneed it don,t buy it. What people need to also be paying attention to is how the constant talk of global this and global that along with nationalization on everything by the U.N. and others which seems to weigh very much in favor of this current administration and a lot of our current people in congress. If you look at it right now the government has control over our largest banks and that is what this administration wanted and now they are just spending, spending, and spending; borrowing, borrowing, and
Much of the world economy is based on the cost of oil and right now that is based on the American dollar. As the United States dollar falls in value mostly because the government keeps printing more because of demand (what used to cost a dollar now cost five) and with so small many banks borrowing from the Federal Reserve who watches the record rate of mortgage delinquencies, forclosures climb the have to be concerned with impacts on communities as an urgent problem. That is why the the Federal Reserve created the Term Asset-Backed Securities Loan Facility (TALF), to help market participants meet the credit needs of households and small businesses by supporting the issuance of asset-backed securities (ABS) collateralized by auto loans, student loans, credit card loans, equipment loans, floorplan loans, insurance premium finance loans, loans guaranteed by the Small Business Administration, residential mortgage servicing advances, or commercial mortgage loans. Eligible borrowers must use
In my opinion, the grand plan for the Obama administration is not to limit the government take over to the banking system; the plan is to take over the country totally. I try not to be a conspiracy theorist, but when all the indicators point to a national take over of the country, I cannot keep silent…The Executive Orders (EOs) that have been issued by most of the presidents over the past 50 years coupled with the Obama modifications of them points to a clear strategy of a total control of the government by the president if a national emergency occurs…A national emergency can be declared by the president and if the monetary system collapsed, that would qualify…A national emergency would allow a declaration of martial law and would justify a presidential edict suspending the Constitution, dismissing Congress, and canceling of all elections; http://www.sweetliberty.org/issues/eo/femalist.htm This is not a theory; it is
America is broke. Who is going to bail us out. Obama has bankrupted America. They have to determine which banks are insolvent. They will probably be the ones to be nationalized first. If these banks would quit giving themselves pay raises all the time they could cover the principal debt with the interest money. People needs to be asking: Where is the interest money going? I see right now that nationalization is our only option that will allow lending to resume. If not we will be living like the great depression era. But I feel the economy will still stink. Because of tougher regulations on lending. It will be harder for people to start business. I feel has soon as Obama gets this nationalization the stimulus money will stop. They just want a hand full of elites to run the U.S. the others will be enslaved.
We can all thank Chris Dodd and Barnie Frank, for doing such a great job being on the banking commission. Gee, when you look back in our history, and our great-grandparents did not use banks, everything went under the mattress. They paid cash for everything and did not trust a bank . Well, let’s call it history repeats itself. Should we now stock away our hard earned dollars and keep it to our selves so that government does not know how much we got? Yep, they are finally going to get their way, and change our currency as we now know it to a global currency without “In God We Trust”.
