It is not hyperbole to say that the world’s richest man has now illegally seized control of America’s checkbook and the entire federal workforce.
European Free Trade Association
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Depositors Beware: Bail-In Is Now Official E.U. Policy
E.U. ministers recently agreed on a plan that shifts the responsibility for bank losses from governments to bank investors, creditors and uninsured depositors. What might this mean if it happened in America as well?