{"id":28482,"date":"2016-01-07T09:39:23","date_gmt":"2016-01-07T13:39:23","guid":{"rendered":"https:\/\/stateofthenation2012.com\/?p=28482"},"modified":"2016-01-07T09:39:23","modified_gmt":"2016-01-07T13:39:23","slug":"ellen-brown-on-bail-ins-and-the-end-of-capitalism","status":"publish","type":"post","link":"https:\/\/stateofthenation2012.com\/?p=28482","title":{"rendered":"Ellen Brown On Bail-Ins and The End of Capitalism"},"content":{"rendered":"<p><!--more-->La Costa, CA<br \/>\nJanuary 6, 2016<\/p>\n<p>by Rich Scheck<\/p>\n<p>Ellen Brown&#8217;s article documents the dangers of economic collapse and the<br \/>\nprobable theft of depositor&#8217;s funds in the form of Bail-ins to save the banks.<br \/>\n<a href=\"http:\/\/revolutionradio.org\/?p=118010\">http:\/\/revolutionradio.org\/?p=118010<\/a><\/p>\n<p>She characterizes this as &#8220;the end of capitalism&#8221; and goes on to describe<br \/>\nwhat few folks realize: when you put money in a bank, you are lending it<br \/>\nto them. It is no longer yours because, under the law, you are now a creditor.<\/p>\n<p>As I described in my movie review of The Big Short, the up-coming collapse<br \/>\nmay well be worse than the one in 2008 because our financial system is a<br \/>\nsophisticated Ponzi scheme that requires drastic reform to protect &#8220;we the<br \/>\npeople&#8221; from the greedy few who dominate the process.<br \/>\n<a href=\"https:\/\/stateofthenation2012.com\/?p=28179\">https:\/\/stateofthenation2012.com\/?p=28179<\/a><\/p>\n<p>Bernie Sanders now has a powerful opening on which to base his presidential<br \/>\ncampaign while separating himself from the Republican candidates as well as<br \/>\nWall Street honey Hillary Clinton.<br \/>\n<a href=\"http:\/\/www.pbs.org\/newshour\/rundown\/sanders-vowing-to-break-up-banks-during-first-year-in-office\/\">http:\/\/www.pbs.org\/newshour\/rundown\/sanders-vowing-to-break-up-banks-during-first-year-in-office\/<\/a><\/p>\n<p>With the arrival of 2016 finally here, we will get to see how this all plays out<br \/>\nin the weeks and months ahead before the actual vote in November.<\/p>\n<p>The fate of the nation is at stake. It is essential that people get involved.<br \/>\nPlease listen to the interview at the end of article for more information.<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28482","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/28482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28482"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/28482\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}