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Josh Sigurdson talks with author and economic analyst John Sneisen about the latest scandal being reported about Wells Fargo, Warren Buffet's favorite bank.
As it turns out, Wells Fargo is being hit with a "Repeat Offender" formal enforcement action following an investigation which showed Wells Fargo went out of the way to gouge clients at the foreign exchange desk and that employees were encouraged to do this. One man was even demoted when he complained about it.
Of course Wells Fargo was caught earlier in the year creating about 3.5 million fake accounts and ripping people of for an unthinkable amount of money. The law suit ended with a 142 million dollar settlement.
Later, the bank was caught giving 570,000 customers auto insurance when they never asked for it. In most cases people already had car insurance and Wells Fargo started charging them on top of that insurance. When many people didn't pay they reposessed thousands of cars.
Tha bank has also been caught overcharging mortgage customers and a whole host of other shady dealings. The question is, when are people going to finally learn and turn their backs on this corrupt bank alongside the others who are likely up to similar deeds but simply being far more careful?
The banking system stemming from the central banking system and government is manipulating markets and of course the worthless fiat monetary system. Their entire prerogative is debt servitude. Control of the populace. For when you shove people down a bottomless pit of debt, you force them to ask for a ladder up from the government and banking system which puts them in perfect servitude and it plays right into the hands of the masters.
The solutions are simple. Financial responsibility. Self sustainability.
You cannot have freedom without responsibility. It's a core principle and we all must educate ourselves in order to be the change we wish to see in the world and take care of ourselves and our families or else we become dependent on the state and banking structure which depends on our dependence. It's a two way street and people have to block off that road.
Stay tuned as we continue to break down this crucial issues.
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Warren Buffet does not like that. He will arrive to the crime scene with his old car and spank the worker who did this crime :D lol
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Now, for real... everyone should keep some currency and silver or gold at home (or any other safe place). Not at the bank.
Excellent reporting, Josh. I am upvoting, followed, resteeming. I posted about the links between Wells Fargo massive criminal fraud and the covert agenda of neo-feudalism a few days ago if you feel like checking out my post. Have you heard of Leighton Ward's case? He has been detained in prison without being charged for 180 days after he aggressively and successfully went after Wells Fargo for mortgage fraud. You can scroll down to the bottom of the post and listen to his call from prison in the video of Kerry Cassidy interviewing David-Wynn: Miller. https://steemit.com/dakini5d/@dakini5d/global-neo-feudalism-agenda-explained-in-info-wars-special-resport Leighton Ward needs help from the crypto community! He is a hero in going up against the fed/banksters. Thanks for reading my comment!
reSteemed it.
This is the problem," The law suit ended with a 142 million dollar settlement." I see cuffs in your thumbnail, but this arm of organized crime needs to see jail time.
I really enjoyed reading this. I have worked with the company and personally went threw legal matters due to their bs.. thank the Lord everything was brought to the light. We should turn our backs on the banks and should take the advice you've written. I feel like that's all life is about.. control.
Alt Media,
Important information about the coming Currency Reset:
With ‘Everyone’ focusing on a currency reset such as Cryptocurrency and/or Gold & Silver, it is obvious that the “Powers that Be” are going to do something different. I.E. showing us the Right hand while the Left is what is actually going to happen.
Article 1 Section 8 (US Constitution):
“To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;”
This being said… U.S. Coinage could be a way to solve many issues. By doing the below paragraph, the U.S. Government can wipe out the National Debt, rid the Central Banks and their Reserve Notes, and allow the Government to trade Foreign goods via a Gold/Silver backed currency. U.S. Coinage would only be allowed within the U.S., much like all other world currencies.
This method would Not cause Riots on the streets of America because people would feel as though they are actually winning out in this scenario. The American people would most likely maintain the current living standards but feel like winners in that the price of goods would be cheaper. I am not sure exactly how it would work cause I cannot predict the future, however, by repricing things such as Gas ($2.49 would become $0.03 per gallon) and everyone would just use coinage. Where the Government wins is that they wipe out the National Debt, but they win again because the American peoples Debts would just be revalued ($230,000 mortgage would now become $2,300). These are just examples, however, I believe you can see where I am going with this method.
With the Federal ‘Notes’ being printed by an organization outside the Government and U.S. Coinage (ie…pennies, dimes, quarters, etc.) being made by The Mint. There is an understanding that the reset may take place using the current coinage in circulation (not Silver coins, regular everyday zinc coins today).
These coins could be reset at an estimated value of 100x the current value giving them buying power that can replace the ‘Notes’. This would take the US Dollar off the Reserve status and allow for a quick and easy transition that would not start riots in the streets.
I would like to hear your take on this?
Thank you.