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PublicBankingTV: Your Money Is Not Safe in the Big Banks

Monday, 26 August 2013 11:41 By Ellen Brown, Web of Debt Blog | Video Report

Media

People think that money is safe in the big banks because the FDIC will protect the deposits. This assumption is not based on the facts. This video will show official government documents that describe the plans for confiscating deposits when, (not if) a big bank fails. Individual, as well as public funds from municipal, university, county deposits are at serious risk. YOUR taxpayer money will disappear in the next crisis! Public officials in charge of taxpayer funds need to be aware of the dangers here. The loss of taxpayer funds and the inability to meet payrolls and obligations will certainly prompt a response that will both immediate and forceful.

This video may be useful to present to public officials to inform them of the dangers of losing public funds under their care.

This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.

Ellen Brown

Ellen Brown is an attorney, president of the Public Banking Institute, and author of twelve books including the best-selling Web of Debt. In The Public Bank Solution, her latest book, she explores successful public banking models historically and globally. Her websites are Web of Debt, Public Bank Solution, and Public Banking Institute.

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PublicBankingTV: Your Money Is Not Safe in the Big Banks

Monday, 26 August 2013 11:41 By Ellen Brown, Web of Debt Blog | Video Report

Media

People think that money is safe in the big banks because the FDIC will protect the deposits. This assumption is not based on the facts. This video will show official government documents that describe the plans for confiscating deposits when, (not if) a big bank fails. Individual, as well as public funds from municipal, university, county deposits are at serious risk. YOUR taxpayer money will disappear in the next crisis! Public officials in charge of taxpayer funds need to be aware of the dangers here. The loss of taxpayer funds and the inability to meet payrolls and obligations will certainly prompt a response that will both immediate and forceful.

This video may be useful to present to public officials to inform them of the dangers of losing public funds under their care.

This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.

Ellen Brown

Ellen Brown is an attorney, president of the Public Banking Institute, and author of twelve books including the best-selling Web of Debt. In The Public Bank Solution, her latest book, she explores successful public banking models historically and globally. Her websites are Web of Debt, Public Bank Solution, and Public Banking Institute.

Related Stories

The Leveraged Buyout of America
By Ellen Brown, Web of Debt Blog | News Analysis

Hide Comments

blog comments powered by Disqus