KOMMONSENTSJANE – SNEAKY OBAMA RULE LET’S BANKS FREEZE YOUR CASH.

President Trump:

Please remove this regulation that Obama put into effect during his final days. It is not fair for this noose to be around our neck.

This is what I have been talking about. If the Democrats get into power this is the first thing they will steal.

TeaPartyJournal.com

Newsletter – August

Sneaky Obama Rule Lets Banks Freeze Your Cash!

The 2016 Money Market Fund Reform is a dangerous new regulation slipped in by President Obama at the end of his term.

It means there’s every reason to fear the government might order banks to freeze your $$$ – including your IRA/401(k) – and take your money to solve their own problems. Don’t believe it? Here are the facts:

3 Ways Money Market Fund Reform Could Threaten Your Financial Well-Being:

Banks can freeze your account and NOT honor your withdrawal requests

Bank fees could amount to a wealth-confiscating “bail-IN”

Your account no longer has to have a fixed asset value

Government decrees like this have worked before. In Greece and Cyprus, similar laws allowed banks to raid consumer accounts to overcome their own financial problems. How long before the American government relies on Obama’s rule and gives in to this opportunity to use our retirement money?

Don’t leave it to chance. You can fight this with one easy step.

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kommonsentsjane

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About kommonsentsjane

The world is my oyster & I have feasted on its welcome signs. The hotels have been my source for food and comfort and people are my trials & tribulations. I enjoys sports and all kinds of music. I also enjoy writing my blog: kommonsentsjane on WordPress. All the while publishing two cookbooks with my husband- RobJoy Ranch cookbook & RobJoy Ranch Fresh Faire. Family and friends are my top priority.
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