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Yellen Draghi Carney Wrecking Ball Cometh ... Prepare

GoldCore's picture


Draghi's ECB and Carney's BoE have put in place plans for bail-ins and deposit confiscation. Yellen's Fed is quiet allowing the FDIC to do the controversial bail-in 'dirty work' by stealth. Bail-ins cometh ... Prepare ...



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Tue, 12/31/2013 - 14:38 | Link to Comment steveo77
steveo77's picture

Radiation Spiking in Kauai

450% increase in serious shark attacks in Hawaii since 2011

How many dozens of pieces of information do we need, before a stalwart army of international proportion can go and properly attack Fukushima, like Chernobyl was attacked with an army of 500,000

Tue, 12/31/2013 - 09:53 | Link to Comment wagthetails
wagthetails's picture

either invest in the market or they'll take your money away.  at least you are siding with the house.  beautiful, ain't it. 

Tue, 12/31/2013 - 14:41 | Link to Comment steveo77
steveo77's picture

yeah that money in the bank is evil.    Obviously if you just have it sitting in a bank, you dont really need all of it.

Tue, 12/31/2013 - 08:01 | Link to Comment Satan
Satan's picture

Lol @bail in...
My overdraft runnith over...

Tue, 12/31/2013 - 00:25 | Link to Comment Teknopagan
Teknopagan's picture

The banks have already bailed in your interest so your capital is logically

Mon, 12/30/2013 - 21:42 | Link to Comment QQQBall
QQQBall's picture

Becuase cash in safe deposit boxes is illegal

Tue, 12/31/2013 - 10:35 | Link to Comment rtinder
rtinder's picture

Cash is not illegal in safety deposit boxes. That's just crap spread around for others to su*k on.

Tue, 12/31/2013 - 05:04 | Link to Comment GoldForCash
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My box has already been opened and checked by someone. I left a note in it saying "OUT OF ORDER" in the bottom of it.....Empty

Mon, 12/30/2013 - 21:21 | Link to Comment q99x2
q99x2's picture

Wake me when they start confiscating Bitcoin.

Which reminds me, I have to go to Whole Foods tonight.

Mon, 12/30/2013 - 17:23 | Link to Comment no more banksters
no more banksters's picture

"Similarly, the ECB becomes a corresponding Fed in the European area, “serving” the problematic economies that are excluded from the bond markets, through the print of new money. Therefore, the problematic economies will be loaded with more and more debt which the ECB, i.e. the largest private European banks will hold."

Mon, 12/30/2013 - 16:20 | Link to Comment Colonel Klink
Colonel Klink's picture

Neuter all 3 balls by pulling your money out of the large banks, before they wreck yours.

Mon, 12/30/2013 - 20:50 | Link to Comment Dr. Sandi
Dr. Sandi's picture

"The Monster with Three Balls"* is coming soon to a bank near you.


*In 3D where available.

Mon, 12/30/2013 - 15:49 | Link to Comment lordbyroniv
lordbyroniv's picture



RISE UP !!!!

Mon, 12/30/2013 - 15:48 | Link to Comment Bloodstock
Bloodstock's picture

Remember back in the day when bank robbers were outlaws that went into banks a took money out.

Now the bankers are the bank robbers, just don't give it back to the person that put it in there in the 1st place.

Tue, 12/31/2013 - 05:13 | Link to Comment Transformer
Transformer's picture

Well, obviously you need to study a little more history.  When banks went belly up in the 30's, depositors lost all their money.  However, if they had loans outstanding, these loans were bought by other banks for pennies on the dollar.  Then the new bank went in and foreclosed on homeowners/farmers/businessmen/etc. when they couldn't make their payments cause they had lost all their money.  So you see, in modern terms, a bail in.  People lost their assets but not their liabilities.

Mon, 12/30/2013 - 15:43 | Link to Comment FieldingMellish
FieldingMellish's picture

Given the current state of the Canadian real estate market, I would not consider Canadian banks terribly safe. They, too, fed at the TARP trough in 2008.

Mon, 12/30/2013 - 15:37 | Link to Comment tempo
tempo's picture

I am looking forward to watching a gay marriage in the Rose Bowl parade. Lets focus on what is really important.

Mon, 12/30/2013 - 16:26 | Link to Comment Colonel Klink
Colonel Klink's picture

I'm fulling expect the floats to rear end each other spreading shit everywhere, or T-bone leaving a messy gash.

Mon, 12/30/2013 - 19:55 | Link to Comment neidermeyer
neidermeyer's picture

What color thongs will the happy couple be wearing?

Mon, 12/30/2013 - 20:10 | Link to Comment Colonel Klink
Colonel Klink's picture

Rainbow I'm sure.

Mon, 12/30/2013 - 15:48 | Link to Comment quasimodo
quasimodo's picture

Yes! Yes! The most shocking aspect of that is it happens in Cali. 

Do I really give a shit? No, but have they ever had a man/woman get married on a float?

Mon, 12/30/2013 - 20:47 | Link to Comment Dr. Sandi
Dr. Sandi's picture

Depends on how strictly you define 'married.'


Mon, 12/30/2013 - 14:18 | Link to Comment The Wisp
The Wisp's picture

Pennsylvania/USA is going to confiscate ( inactive ) accounts in 3 years instead of 5.. read the fine print and see what they call inactive. if you use the words let it ride or just let it sit there.. your toast..

Mon, 12/30/2013 - 14:13 | Link to Comment supermaxedout
supermaxedout's picture

Cyprus is the model.  The paymaster list:

1) shareholders; 2) bondholders 3) deposit  amounts exceding  100k Euros

If this is not enough to save the bank, then the bank is nationalized. After a clean cut back to a sustainable size  then sold to new owners. The depositors having lost money may get some non voting shares symbolizing a very little chance to recover later some more of the lost capital.

So choose your bank carefully. The rules are clear and there will be no exemptions. So if you have a deposit exceding 100 k Euros and you are no 100% about your bank, then get your money out as long as you can. Shareholders and bondholders are anyhow bust.



Mon, 12/30/2013 - 13:56 | Link to Comment Notarocketscientist
Notarocketscientist's picture

Most companies off free returns on online orders.  Bankrupt the fuckers - order from dozens of the fuckers and then return the items.


Bankrupt this fucking system (and buy gold with the cash you don't spend on the online shit)

Mon, 12/30/2013 - 14:41 | Link to Comment sosoome
sosoome's picture

You work for UPS?

Mon, 12/30/2013 - 13:55 | Link to Comment Shadow750
Shadow750's picture

Nothing new here.  I published similar stuff in March of 2013 and again in early December 3013.  The Bank of Engalnd and the FDIC were cooperating on this issue more than a year ago. 


For more on the larger issus of similar plans in the IMF, EU, Canada, Spain etc see: 

Mon, 12/30/2013 - 13:42 | Link to Comment Emergency Ward
Emergency Ward's picture

They used to threaten you with a cracked knee-cap or an old-fashioned beating if you didn't pay up.  They are more sophisticated now.

Mon, 12/30/2013 - 14:03 | Link to Comment Aussiekiwi
Aussiekiwi's picture

No worries, when they bail you in you will get lots and lots of shares instead of your savings, of course you may not be able to sell the shares for 5 years or so but I am sure they will be worth a bundle by then, what could go wrong? trust the FED, the FED is your friend.

Mon, 12/30/2013 - 13:59 | Link to Comment Its_the_economy...
Its_the_economy_stupid's picture

yep. now they go for the easy roll'em types. you know, widows an orphans

Mon, 12/30/2013 - 17:59 | Link to Comment CrazyCooter
CrazyCooter's picture

You know, its funny; my safe deposit box pays 0% on cash deposits too...

So, tell me again why I need a ZIRP cash depost ... ?



Tue, 12/31/2013 - 11:15 | Link to Comment Yancey Ward
Yancey Ward's picture

When the time comes, your safety deposit box will be inaccessible, too.

Tue, 12/31/2013 - 19:54 | Link to Comment kchrisc
kchrisc's picture

With a little research on the Internet, one would find that, like most things, a "safe deposit" box is really the property of the banks, state and Feds.

California and some other states are even grabbing them under fraudulent pretenses.



Tue, 12/31/2013 - 13:06 | Link to Comment Greenskeeper_Carl
Greenskeeper_Carl's picture

my 'safe deposit box' also pays 0%, so I agree, why bother depositing cash in a bank that is probably insolvent anyway. However, my safe deposit box says 'liberty' on the front of it, weighs close to 1000 lbs, and can be accessed whenever i feel like opening it.

Tue, 12/31/2013 - 17:14 | Link to Comment optimator
optimator's picture

The Fed has a way to getting it with out even opening it.

Tue, 12/31/2013 - 18:11 | Link to Comment Greenskeeper_Carl
Greenskeeper_Carl's picture

Haha +1 yes they do. But it is still a good idea to hold some at home, enough to cover a few weeks expenses at least

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