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Politics : Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: lorne who wrote (5787)4/6/2013 6:14:11 PM
From: Beam  Read Replies (1) | Respond to of 14245
 
Lorne -- what's your take on this bail-in provision?



To: lorne who wrote (5787)4/6/2013 6:26:11 PM
From: The1Stockman  Read Replies (1) | Respond to of 14245
 
Well, ...

Yes, as a matter of fact.

Because the money that you put in the bank probably came from earned income which is taxed even before you touch it and if the bank fails, ... you pay a predetermined amount to keep that bank solvent.

This plan is no different then Cyprus. I read that most all the European countries have this provision in place now.

Could this be headed to the States? If so, ... is our Government expecting some type of delinquency, and the gun issue revolves around those possibilities?

I wish I knew a true answer.