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Paul Craig Roberts – World’s Most Powerful Banks To Loot U.S.
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King World News
Today former US Treasury official, Dr. Paul Craig Roberts, warned King World News that that the most powerful banks in the world have already set the stage and are now preparing to loot the United States by essentially seizing its most prized assets. Below is what Dr. Roberts had to say in this shocking interview.
Dr. Roberts: “For reasons that don’t seem to make a whole lot of sense, the Federal Reserve, the Comptroller of the Currency, and the FDIC, have told the big banks that they can no longer meet their high quality liquidity requirements of their asset holdings by using municipal bonds.
This doesn’t make sense because the regulators are allowing the banks to continue to hold corporate bonds that have less quality credit rankings than some of the municipals, and they are letting the corporations continue to hold the Russell 1000 (stocks), which are generally weak stocks in times of crisis….
