One of the things our government does through various agencies (eg.: FedRes, Comptroller of Curr., FDIC) is bank supervision. That’s the thing that ensures your money doesn’t just go poof and disappear. They’re attacking that too now. Got a bunch of cash in your mattress? Gold bars in the basement?
Reposted from
Alt-IRS
So, on the Credit Union front. There are rumors that the NCUA is going to RIF 20% of their workforce. They have already stopped publishing fees charged to members. For your information, NCUA employees are paid by SIFC(think FDIC for banks). This would be the very definition of wrongful terminations.
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Or is that too broad a brush stroke?
#altgov has your back folks.