Great, Scott.
Today’s Items:
First…
Upside Down Banks
http://www.zerohedge.com
A Denmark bank will pay people to take out a loan; however, that same bank will charge to hold people’s money. What’s more, these paranormal financial episodes are taking place all across Europe. In addition, in the U.S., JP Morgan will begin charging large institutional customers on some of their deposits. So, how long before people in Europe and the U.S., follow the Japanese in keeping what little cash they have in their home safes?
Next…
Greeks Buying Gold
http://www.goldcore.com
Greece is bankrupt with no hope in sight, at least within the Euro monetary union; thus, an eventual default appears, even with the phony deal, inevitable. To that end, bank runs continue in Greece as Greeks accumulate physical gold in anticipation of bank holidays, possible bail-ins and indeed a possible return to the drachma.
Next…
Illegal Social Security Numbers
http://cnsnews.com
Homeland…
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