This is Very Troubling News...

[Treetop]

... for Mrs. Treetop and I. We have done fairly well over the past 40 years and now, some of our $FRNs are in annuities, some in stocks and, right now, quite a bit in money market funds, as we transition to PMs.

Most of you GIMers are well ahead of us and this may not affect you... Tt.

http://dollarcollapse.com/capital-co...-fund-is-cash/

[Eyebone]

As of MF Global, customer's deposits appear to be no longer sacrosanct.

[Scorpio]

more troubling, is there are still people like this responding to the article:

bob D July 21, 2012 at 11:15 pm

#2 of today july 20, 12

for the readers of “Dollar Collapse” and who live and will stay in Russia as their home, they should call upon Putin to open up his banking system to them so they can use his central-bank-sysem as the backbone of USSR

if he does open this system only to Rus Citizens who live in Rus, then they will be able to be self sufficient and thereby help to build Russia into a mega profit maker :: profits shared equally by all Soviet

the first best use of said central bank system is to use its powers to nationalize all entities, all all all, located and operated solely in Russia, same when Putin has time to tinker with his USSR as a greater outskirts metropolis of Moscow hence of Russia

as he nationalizes entities who op for profit, they will provide max employment of those who wish to work, at a livable wage plus bonus plus perks, where all who work in that entity take the same wage, etc as above, all the time, no big shots allowed as to wages and perks, big shots get to have the fun of their game on a big scale and to the max bene of Russia, as said above

as he continues the flow of nationalizing, he will need a work force made up of all Russian Citizens who live in Russia, man woman and child from age 10-70, all paid the same, etc, as above, thus has fathful workers for entities and for military etc —- as needed called into military, clean up the mess, then go back home and live off the confiscations and etc, retireing at age 70 or older if desired taking same wages etc, above, as before retirement,

as these system organize their selves, Putin then has time to build a greater Russia and a greater USSR, easy stuff for him so long as the soviet are faithful and helpful to and for him

in his central bank systems, the only base currency is the Ruble (Russian), upon which all within the USSR domain shall convert, so as to make this Ruble the strength of the nation worldwide, all FX (Foreign exchange) at Ruble equals Yuan all others are a lesser amt e.g. one Ruble equals 2 english pounds and
$2 USA, so as to keep the power of currency, by centrall systems, in hands of Russians who live in Russia all the time

i thought you might like these facts —— enjoy

Reply

bob D July 22, 2012 at 1:28 am

i note you publ my #2, next above, of today but omit my #1 ::

there are many ways to look at editorial omissions, one way is that
the editor wishes to stop the flow of thought and comments, not
realizing the writer who is so blocked will go to another forum where
he may speak freely and that editor will endorse his right to free speech
etc etc etc

o well, i thot this forum had merit, but as above i see the editor believes
in stopping flow of thought thus making his forum worthless

cheers

Reply

bob D July 22, 2012 at 5:12 pm

1) i had forgotten that your forum is Moscow and vicinity thus awakening and
certainly up to y1990 did not have any opportunity to think freely, to speak freely, etc, but, no excuse from 1990 except for lagging insight

2) above i mentioned Rus total nationalization ::
A. this of course leads to full employment, no unemployed, no handouts
for not working, no soup kitchens, etc
B. the other nicety is each nationalized entity is operated so profit is shared with govt, the need for taxing reduces automatically – soon rich and poor have the same asset positions because the nationalized automatically make it so
C. at full nationalization there is no tax,
if any then the boss of each entity must be replaced with a guy with a
brain,,,,,,,
1. to arrange accounting of any entity is automatic, however when
the entity is a nationalized entity, the pro rata amount to the govt
is adjusted down so less, thus when Rus-USSR are fully
nationalized there is no tax, the govt merely takes its fair share of
profit, so as to expand into a maximum productivity and maximum
military strength feared by all others
D. Putin is one of the few people who can do this effectively and
efficiently and to quickest maximum

Reply

bob D July 22, 2012 at 5:17 pm

above are 2 comments by me, you should feel free to reproduce either both on future publications and on any sister publications, etc etc,
i.e. if you think the core
of the spew is of interest to Russians who live in Russia, especially the younger, e.g. teenagers, as they strive to know what they need to know so as to make their self all it is and at maximum

i see the value of full and absolute nationalization as a fair to the Soviet
means of equal distribution of wealth, each should have the same wealth so as to have the same opportunities :: the only way to make Mother Russia become what it is and must become to survive

Reply

bob D July 22, 2012 at 5:19 pm

at the least, the Editor of this publication ought to write a tome
describing Putin as the long awaited Leader who can best make
use of Russia and its dormant wealth ….

Reply

bob D July 22, 2012 at 5:25 pm

why does this forum publish any of John Rubino?????

e.g. this above article by
him is short of the mark, he merely touts what is to his personal advantage as
he always does,

he is sort of a ego-maniac i.e. one who can not see beyond his nose as he sees himself as the center of the universe and as the only one of worth (all others are pawns)

this is not to say he is not a good writer but is to say he is not good for Russians to read because they might start to think as he does which is suicide

in any event, other than me, all published on your forum ought be by Russians who are real Russians who were born and always will have lived in Russia

[Goldhedge]

While regular transactions would be allowed as they are now, this special minimum balance would be locked up for 30 days. “The delay would ensure that redeeming investors remain partially invested in the fund long enough to share in any imminent portfolio losses or costs arising from their redemptions,” the bank explained.

The idea advanced in the New York Fed paper seeks to force investors to be more mindful of what they are doing with money-market fund investments. Many perceive the funds to be a very safe and liquid place to park funds.

Odd, I would think it 'seeks' to control who gets to keep their wealth. The FED should take it's own advice...

[EO 11110]

the pigmen spent a century, killed millions of people, bought all the media...etc...to get this done

the federal reserve note is the world currency that everyone fears is coming -- all other currencies are just frn's in drag....see euro drama for PROOF. there are no other currencies that matter

frn is going nowhere (but down in value)

betting on dollar collapse is + will be a suckers game