Comments by "Crime Stoppers" (@crimestoppers1877) on "More Bank Bailouts on the Horizon? Credit Defaults Rising and Banks KEEP LENDING!" video.

  1. In 2008, I received a telephone call from a person who claimed they were with the Comptroller of the Currency. They asked me many personal questions and I refused to answer. I knew they were with the government because they had that typical attitude of "YOU are here to serve me", obnoxious, arrogant and any other pejorative like you would like to add. They called me on a Sunday morning and informed me they were notifying that "the government" had seized a bank I had a savings deposit in, and to ask me where I wanted my money. I was given a choice. 1) Leave the money in my account in a new bank that was selected ( by who?) , or I could APPLY to the FDIC to receive my money, WITHIN 90 DAYS!! Lucky for me that this was not my life savings or I would be very angry at the system ( Federal government, Federal Reserve, FDIC, banks and regulators). I was curious about what happened to the actual people at my bank who created this action. I learned that the executives involved with my bank were ALSO INVOLVED with the "new" bank. So what is the difference? A failure of employees are just moved over under a bank with a different name. In order for ME to trust the system, at the very least, I want to see PERP WALKS of those responsible on national TV and prompt indictments, filings and legal actions to prevent them from having these bad behaviors. The amount was only $20,000. But I know that most Americans at the age I was did not even have $20,000 savings and were swimming in debts and owing mortgage debts on real estate properties worth much less value. Anyone can see that a person with no job or prospects for a job should Never be encouraged to lie on Loan documents so they could get the DPA and loans for a house they could never afford. No one was incarcerated in any financial services industry, why is this? If I mess up one small detail on my taxes I can go to prison. EQUITY in personal penalties is required. That "new" bank is now owned by a sketchy bank with inside contacts with all the regulators that they had before. This teaches me a lesson about FIAT currency and the Federal Reserve. They are there to FEED THEMSELVES ONLY.
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  2.  @rheath3313  It is actually much worse than that. It may be the entire financial services sector. I am thinking the liar at the insurance company Claims department that tells you they aren't going to pay your claim for a reason that they can not find in the contract. We have insurance fraud, but what about insurer fraud? Todd admits that their are too many real estate agents who either are uninformed or do not care about any of the regulations or clients, it is their own hobby. Why doesn't the NAR clean house on these mediocre or bad agents? Who cares about E&O insurance for agents which is rarely paid, I want perp walks for crooked agents, just like any other crimes. Banks? Where are the honest ones? I have max deposits in several different banks and get paid almost zero interest while they are sticking low fixed income folks with usurious interest rates AND junk fees for consumer debt. Maybe they need to eat less? We need to cap interest on mortgage and consumer debt. I found that when I see a person from the financial services sector smiling I am reminded on the smiling of sharks, alligators and rattle snakes. A pit of VIPERS. Tell me I am wrong! Lets get back to currency instead of plastic and fake fiat currency computer entries! $100 cheeseburgers will be here soon. Do you want cheese with that burger $20/slice? Capitalism is supposed to be about RESPONSIBILITY not cronyism with government buddies.
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