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To: bruinbirdman

Freepers should not be nitpicking if socialism, capitalism etc etc will work or not because we are in the midst of paper currency breakdown. Desperate times means desperate measures by our gov and bankers. Remember in the eyes of our elites, the customer will lose his entire savings if the banking system implodes. Thus if a severe crisis hits, customer accounts can be used as collateral for loans to cover losses and if the bank goes bankrupt, customer accounts can be taken to make good on bankrupt company’s debts. Even if this means existing regs and laws are broken. MF Global is the canary in the mine. FREEPERS should be concentrating on protecting their existing wealth from the chaos or will wake up finding their entire life savings frozen or taken no matter who is POTUS. That is how bad our system is structurally. The MSM, gov and Wall Street have done their utmost to hide these facts, but time is running out as the EU crisis, Japan’s debt and utlimately US debt will unravel the system. When a system fails, remember ALL PROMISES WILL BE BROKEN no matter who is POTUS!!!


6 posted on 12/30/2011 9:39:24 PM PST by Fee
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To: Fee

That includes confiscation of gold and other “alternative” forms of wealth.


7 posted on 12/30/2011 9:43:42 PM PST by arrogantsob (Obama must Go.)
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To: Fee
"FREEPERS should be concentrating on protecting their existing wealth "

The best way to do that is to devote time and treasure to electing Conservattives.

yitbos

9 posted on 12/30/2011 10:01:49 PM PST by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
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