I have recently given some attention to this new phenomenon that the Western Civilization is about to be introduced to: "Bail-Ins." It's nothing new. Essentially, it has the same net effect as a, "Bail-Out." Only, rather than robbing Joe Taxpayer, they're robbing Joe Bank Customer. And, since our wonderful governments have passed it all into law - it will be legal.

They get this same $#!t passed into law because they change a few words here & there - and everybody knows that Bail-Outs are total B.S. So, they change the name - that way nobody knows it's still the same old crap. People never learn.

IMHO, when that happens we should take some politicians out, line them up, and re-introduce the concept of the firing squad. I mean, why should our parents' life-savings be raped to save the banks biggest investors?