It's all very well to say the FDIC has enabled the Iowa Trust and Savings Bank to assume all deposits "in order to protect depositors."
But what is the FDIC?
The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation’s financial system. The FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receiverships.
https://www.fdic.gov/
The FDIC provides deposit insurance to protect your money in the event of a bank failure. Your deposits are automatically insured to at least $250,000 at each FDIC-insured bank.
What the lamestream media is not telling us is that the FDIC is just another government agency, and as such it has to get those millions and millions of dollars to cover your deposits from ... you guessed it ... the government.
And where does the government get its money from?
It gets its annual budget by way of loans, at interest, from the privately owned, since 1913, Federal (not) Reserve Bank.
To put that in simpler terms, imagine you were running out of money, so you went to the payday loan-shark who was happy to give you a loan, at interest, on the understanding that all your future income would go directly to him. But he'd be happy to loan you more to keep you going next month, and the next, and the next - with your debt accruing more interest (debt) every single month.
Like it or not, under those circumstances the moneylender has control of your life.
Inevitably, you'd be in no position to repay the debt, and you'd have to declare bankruptcy - or find a way to put the moneylender out of business so you could make a fresh start.
As I see it, that's what's been happening to America for the past 110 years, since the establishment of the Federal (not) Reserve Bank in 1913.
And now, because Trump was able to fill several seats on the board of the Federal Reserve, it is under the control of the Treasury - NOT the private banking families who have been the payday money masters, gorging themselves on our tax dollars for over a century while the US debt has been climbing minute by minute.
In addition, and here I get into my mental "wait and see" folder, there is a plan to replace the US dollar with a new and gold-backed currency, issued by the Treasury itself.
The "wait and see" part is because the host of a video I watched last night said that something called "NESARA" has finally got the green light; it is now activated.
Y'know, it's possible to hear something, or have a spontaneous thought, and not commit to believing it to be either right or wrong, or dismissing it out of hand. Those are the thoughts and new information that I do consign to the "wait and see" folder.
This Nesara thing is one of them - and of course you're free to make your own assessments.
My evaluation is that this Nesara plan is perhaps exactly what has been developed in order to take out the Federal Reserve Bank, the globalist bankers, and the US dollar itself, both internationally, and domestically.
In some ways it reminds me of a Bible verse. There were over 30 versions of the Bible to choose from in my search, so I chose this one:- Amplified Bible
"And Jesus entered the temple [grounds] and drove out [with force] all who were buying and selling [birds and animals for sacrifice] in the temple area, and He turned over the tables of the moneychangers [who made a profit exchanging foreign money for temple coinage] and the chairs of those who were selling doves [for sacrifice]."
Jesus was not too meek and mild that day, and I think the Fed and the globalists should be treated just as harshly.
I'll include a link to the video about bank issues and Nesara below, but here are some captured images which give us an idea about what Nesara is intended to do.
