A “bail-in” is another form where banks and financial institutions are rescued where the responsibility is transferred from taxpayers (in the case of a bail-out) to depositors, which is you in this case.
It was first introduced in 2010 via an executive bill signed by President Obama as a direct result of “bailing out” the 2008 “Too Big To Fail” banks and financial institutions.
Is this part of the Democrats/Obama plan to make people poor? Remember, he stated that people were always trying to give him money and he never was without money.
Does this guarantee that the Democrats always have money and live off/spend other people’s money?
This executive order needs to be changed since the Congress is in charge of the purse..
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You must understand the relationship you have with your bank in order to protect your assets.
What is a “bail-in”? How can a “bail-in” affect your rights as a depositor?
A legal fact is that the money you have deposited into your bank is a loan you have made to your bank, for which you earn interest. The bank takes your money and loans it to others, and makes money based upon the differential in interest rates as well as fees. If the bank is on shaky financial ground and your money is sitting in bad loans, this ultimately becomes the problem of the creditor, i.e. you, the individual. Shockingly, the percentage of the public that truly understands this legal reality is still relatively insignificant.
So what is a “bail-in”? And how does it affect your rights as a depositor?
A “bail-in” is another form where banks and financial institutions are rescued where the responsibility is transferred from taxpayers (in the case of a bail-out) to depositors, which is you in this case. It was first introduced in 2010 via an executive bill signed by President Obama as a direct result of “bailing out” the 2008 “Too Big To Fail” banks and financial institutions.
In other words, “bail-in” will not add to the government’s deficit and it will allow banks and financial institutions at risk of failing to take some of your deposits to bail themselves out.
So will a “bail-in” likely happen? With our economy heading towards a possible recession, inflation at an all-time high and the housing market in a bubble, uncertainties are looming over the head of Americans.
Will banks be able to willingly hold your money if another 2008 scenario crash to take place? Well, in addition to what happened in the recent years in Canada, Greece, Cyprus and Venezuela suggest that it’s likely possible. In fact, Lebanese banks have seized millions of accounts for the past two years where the depositors are on a financial lockdown.
Since Grandpaw Biden doesn’t have too many more years as we all know – my vote would be to – vote him into the halls of Grandpaw’s. His grandchildren and he deserve to enjoy him in his last years. He would do a much better job in that position since his qualifications and mental state as President has run out.
He deserves the GRANDPAW POSITION since the only reason they want him to run is to “use up his name/body not his mind.” The world is making fun of him and our country every day. He is being used as a stool pigeon – which is elder abuse in the worst degree.
The American people realize that.
Hillary states that in her first paragraph below:
Former Secretary of State Hillary Clinton on Tuesday acknowledged President Joe Biden is “old” but asked voters to give the 81-year-old another four years in the White House despite that.
Former Secretary of State Hillary Clinton on Tuesday acknowledged President Joe Biden is “old” but asked voters to give the 81-year-old another four years in the White House despite that.
Biden’s age and cognitive health have been the subject of scrutiny for years and the topic of a national conversation since last month, when he was not charged with mishandling classified documents because of his age, according to special counsel Robert Hur.
Still, Clinton said, the president is more qualified to run the country even at his advanced age than his likely Republican opponent, former President Donald Trump, to whom she lost the 2016 election.
In an appearance on SiriusXM radio’s “Mornings with Zerlina” on Tuesday, she spoke about the age question and stumped for her fellow Democrat.
Host Zerlina Maxwell asked Clinton if she thought the issue had become a “proxy” argument for whether voters believed a woman should be president.
“I think it is for some people,” the former first lady responded.
She went on to say that American culture simply does not value age and prefers youth.
She continued, “I said, ‘You know what, Joe Biden is old. Let’s go ahead and accept the reality. Joe Biden is old.’
“Pick between your two old ones and figure out how you’re going to save our democracy.”
If Biden did serve a full second term, he would be 86 at the end of it in January 2029.
Clinton said the 77-year-old Trump is also old but brings other concerns.
“So we have a contest between one candidate who’s old but who’s done an effective job and doesn’t threaten our democracy,” she said.
“And we have another candidate who is old, barely makes sense when he talks, is dangerous and threatens our democracy.”
(No, he isn’t a threat to Democracy – he is a threat to the Democrats who are a threat to our democracy, i.e., Durham Report.)
(No, Hillary, refer to notes below about Obama statement about working from home and then decided he would work from the White House – did you forget? Rumor has it you have been helping out at the White House, too?)
Clinton challenged Trump’s mental acuity by claiming his confusing former President Barack Obama with Biden at recent campaign events should be cause for voters to question him.
The former president was speaking at a rally in Virginia last week when he touched on the ongoing war in Ukraine following Russia’s invasion under President Vladimir Putin, USA Today reported.
“Putin, you know, has so little respect for Obama that he’s starting to throw around the nuclear word,” Trump said in an obvious reference to Biden.
The newspaper noted he has referred to Obama a number of times while slamming the Biden administration.
In November, the GOP candidate rejected the idea that he was confused when he referred to Obama while ripping the White House.
“I sarcastically insert the name Obama for Biden as an indication that others may actually be having a very big influence in running our Country,” Trump said in a post on his Truth Social account.
In a bold move that could redefine the Middle East’s geopolitical landscape, Israeli Prime Minister Benjamin Netanyahu has unveiled an ambitious vision for the Gaza Strip, dubbed ‘Gaza 2035’. This plan, which some might see as a utopian dream, promises to transform the war-torn enclave into a flourishing hub of economic prosperity and stability. It’s a proposal that speaks directly to conservative principles of self-reliance, economic development, and regional peace.
5/5/2024
Israel has to protect itself. They didn’t start this war. How many times does the protesters want Israel to suffer from their attacks?
Israel has contributed so much good to the world in the past and that should be noted. The terrorists have contributed what good?
Is Iran supporting/paying for this war against Israel?
All civilized countries should stand with Israel.
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Israel has no choice but to make sure Hamas can never return to power or commit the atrocities of October 7 “again and again” as they have promised.
AIPAC has been working for decades to foster bipartisan support in Congress for just this moment—to make sure that Israel has the resources needed to keep its people safe.
Today is no different. Very soon,Israel may enter southern Gaza to finish the job and defeat Hamas.
As Israeli War Cabinet Minister Benny Gantz has said, “Finishing the war without demilitarizing Rafah is like sending in firefighters to put out 80% of a fire.”
Anti-Israel protests calling to leave Hamas in power have been popping up across our country, but proud pro-Israel Americans like you have held your ground.
Please commit one more time to supporting our cause — making sure that support for Israel never wavers. We’ve delivered over 5,000,000 letters to leaders in Washington since October 7th and we will not stop.
If you have the ability, consider making an additional contribution to AIPAC today or lend your voice to ensure America always stands with Israel.
De Niro, who seems to be suffering from what many would call a severe case of Trump Derangement Syndrome (TDS), argued that Trump displayed traits dangerously akin to infamous dictators like Hitler. He suggested that if Trump were re-elected, it could lead to chaos reminiscent of Nazi Germany. This entire segment serves as yet another example of the legacy media’s incessant push for leftwing propaganda.
Not the first time that De Niro set the stage for – a “NO CLASS” act.
One of De Niro’s friends needs to give him the “Emily Post” for good manners for his birthday.
Lastly, we can give him the JACK-A$$ CERTIFICATE AWARD for the year 2024 for his outstanding act as the rep from Bullywood.
