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37's avatar

Both the FDIC and Treasury are de facto subservient to the privately held corporation that is the Federal Reserve.

The interests of the Federal Reserve, and for sure the interests of the largely foreign owners of the Federal Reserve, are NOT the same interests as those of Americans.

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Tirion's avatar

Does the FDIC even have a role/purpose any more? Is the FDIC redundant now, if The Fed is just going to bail out everybody? I thought it had been decided more than ten years ago that bail-ins were the way forward? Or was that just a headfake?

https://www.fdic.gov/about/srac/2012/gsifi.pdf

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37's avatar

Exactly, for the most part. These satanic pervs own all the major currencies and banking systems of the world, BlackRock, State Street, Vanguard, etc. which own just about everything else, and again, de facto the governments.

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