November's "Down Under" Theft of Your Bank Account

By Lowell Ponte

On November 16, the world of banking and money was officially flipped upside down because of actions taken by the G-20 nations meeting "down under" in Brisbane, Australia. People deposit their money in banks for safety. But on November 16, this gathering of 35 national leaders turned your bank into one of the most unsafe places to put your money. Without warning, these G-20 leaders agreed that the money in your bank account can be seized to pay bank debts. And some of these leaders - especially President Barack Obama - have already begun imposing billions of dollars in regulatory penalties on banks to squeeze money out of them to grow their governments. [more...]