To: FreedomPoster
So you dont really realize what when on here with MF Global, the CME, and how the customers were treated. OK.
No, actually, from what I've read it appears that these failed institutions are conspiring with the bankruptcy trustees to steal property from the depositors who trusted them. It is repugnant, and it is the sort of event responsible for Americans' dismally low faith in the financial sector.
So yes, I also think that the real issue is the lack of integrity in the system. It's apparent that private financial institution can steal public and private funds with the assistance of government without anyone being held accountable.
Unlike you, I think that talking about burying gold and standing over it with an assault rifle is a distraction. And if it's not the real issue for you, that's great, but it sure seems to rise to the top in many of these discussions.
91 posted on
12/19/2011 2:01:47 PM PST by
aNYCguy
To: aNYCguy
And I think that obtaining a little specie is something a prudent person might do, as well as having the capability to protect it and other close by physical assets. Of course, I live in a relatively free state, and you apparently live in a rather famously un-free area of a problematic, borderline un-free state.
92 posted on
12/19/2011 3:46:34 PM PST by
FreedomPoster
(Islam delenda est)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson