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Ask Catherine & the Solari Team: October 6, 2023
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Catherine, are you able to make the video presentation on Sept 29 at the symposium in Sweden by David Rogers Webb available to Solari subscribers? After reading his book “The Great Taking” a couple of weeks ago, I was alarmed to learn about the legal structure that has been put in place that apparently would treat securities in a manner similar to deposits in a bank bail-in. Would you and John Titus please give your take on this? Thank you!
Rita:
The live stream is available to the public. My understanding is the conference organizers plan to post copies of the presentations.
What David is describing in plans to give the central bankers the power to assert central control of outstanding securities – same tactics as have been used in Lehman Brothers and MF Global. The problem is wider and that is the process underway to asset control centrally of all assets. Which is why pushing back on financial transaction freedom is essential. We have a political problem and there is no work around, including no financial workaround.
Catherine
Yes, I understand. Thank you. I only found the livestream for September 30. I believe during your talk you indicated that David Webb spoke on the 29th, for which I can’t find a livestream on any of the platforms.
Ah, I thought it was. He gave his talk at night. It repeats the book, so if you have read the book you have the information. I have invited him to do a Solari Report, so perhaps that will happen if and when we do.
Hello, Catherine,
My “small, local bank” was acquired by a larger bank, and now it was acquired by an even larger group, Glacier Bancorp out of Montana. My question is whether or not it is time to look for another local bank.
Moreover, I spoke with my Credit Union, and the person with whom I communicated told me that even they are looking for a larger group to join.
I am in somewhat of a quandary as to whether to stay with these institutions or not.
Thank you for all you do,
Marcia