Monday, December 22, 2014

2014-12-20 Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives

2014-12-20 Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives
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By Ellen Brown
The preamble to the Dodd-Frank Act claims "to protect the American taxpayer by ending bailouts." But it does this through "bail-in": authorizing "systemically important" too-big-to-fail banks to expropriate the assets of their creditors, including depositors.
http://www.informationclearinghouse.info/article40528.htm
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