The N Y Times misleads us again, sigh.

“Fed Misread Fiscal Crisis, Records Show” ~ N Y Times 12/22/2014 “As Crisis Loomed, Yellen Made Wry and Forceful Calls for Action” ~ N Y Times  02/22/2014 SERIOUSLY?  The crisis was caused by the banks and their actions and by Congress and their inaction.  The Feds were simply ugly cheerleaders.    The “banks,” and I […]

Canada Includes Depositor Haircut Bail-In Provision For Systemically Important Banks in 2013 Budget! March 28, 2013

Just as DieselBOOM accidentally admitted Monday, it appears that the Cypriot bail-in is anything but a one-off event, and is in fact the new collapse template for the entire Western banking system, and not just the ECB/ Eurozone! SD has been alerted to an alarming provision that has been buried deep inside the official 2013 […]