Stockton, CA CalPERS – The Next Cyprus-like Haircut?

STOCKTON-BANKRUPTCYSTOCKTON, CA – BANKRUPT!

If you don’t think the Wall Street corruption and securities fraud, including mortgage-backed securities, isn’t affecting everyone – think again. Stockton, California has succumbed to bankruptcy due in large part to bad securities investments.

Look out California public employee retirees for the next Cyprus-like haircuts. Continue reading

A Safe and a Shotgun or Public Sector Banks? The Battle of Cyprus

HISTORY

the more you know

Remember: “First come, first served”
Like the Billionaires dumping stocks – get it out of the banks now and invest in something tangible. Plant a garden, put solar on your roof – you may not want to leave those 401ks and mutual funds just sitting there because they may not be there when you need them most. [Ed. DeadlyClear]

Retirement Don't Bank on itBy Ellen BrownWeb of Debt | News Analysis | Friday, 22 March 2013 | Click here for original Truth-out post.

If these worries become really serious, . . . [s]mall savers will take their money out of banks and resort to household safes and a shotgun. – Martin Hutchinson on the attempted EU raid on deposits in Cyprus banks (Photo: Loz Pycock / Flickr) Continue reading

Anonymous Hackers Attack Banksters and Federal Reserve

Expect us“Citizens of the world we have seen the erosion of due process, the dilution of constitutional rights…” – yeah, ya think?

The Federal Reserve is the latest government agency to be hit by a cyber attack, according to reports. The breach reportedly hit an emergency communications system out of St. Louis.

Anonymous warns this is just the beginning…  Continue reading