What I just described to you is the new law of the land and it was signed into law in 2010 under then President Barack Hussein Obama. It's known under many different names:

The Dodd-Frank Act

Wall Street Reform and Consumer Protection Act

Public Law 111–203

H.R. 4173

Bank Bail-In (Google this search phrase: Dodd-Frank Bail-In)

The law states that US banks may take its depositors funds (ie your checking, savings, IRA & 401(k) accounts) and use those funds when necessary to keep itself, the bank, afloat.

Bank Bail-In Definition: "When Regulators or governments have statutory powers to restructure liabilities of distressed financial institutions and imposes losses on both bondholders and depositors."

That means: If your bank makes bad investments in derivatives or makes bad loans to sub-prime borrowers or manages the bank poorly and can’t service its debt or even worse the US economy has another 2008 collapse - instead of that bank going bankrupt and the banks assets sold off to be given back to its depositors… now the bank simply keeps your money and guess what? The bank is no longer failing. Did you read that? The Bank Keeps Your Money. And here is the kicker, your money is not FDIC insured when the bank takes your money. It’s the law of the land and there is nothing you can do about it! Welcome to the 21st Century in the United States of America.

It came after President Donald Trump said on Wednesday he had instructed the US Navy to fire on any Iranian ships that harass it at sea, a week after 11 vessels from Iran's Islamic Revolutionary Guard Corps Navy (IRGCN) came 'dangerously' close to US ships in the Persian Gulf Waters. The tweet came amid a re-escalation of tension, with Iran's Revolutionary Guards saying hours earlier that that they had launched the country's first military satellite, which the US regards as a cover for missile development.

And Trump's intervention is a week after nearly a dozen Iranian naval vessels repeatedly harassed and made 'dangerous' approaches to American ships conducting operations in the Persian Gulf near Kuwait in a tense exchange that lasted more than an hour. A group of 11 ships with Iran's Islamic Revolutionary Guard Corps repeatedly crossed the bows and sterns of the US Navy's Bahrain-based 5th Fleet at close range and high speeds - with one passing within just 10 meters of a Coast Guard cutter.

The 'dangerous and provocative actions increased the risk of miscalculation and collision,' a statement from US Central Command said, adding that US commanders on the scene 'retain the inherent right to self-defense.'

They’re creating a generation of worker bees, of dependent people who’d never dream of revolting against the status quo shown as ideal by Hollywood and the mainstream media. They’re creating adults who don’t know how to handle conflict, who don’t know how to deal with defeat, and who are regularly fearful of imaginary threats. People who are afraid of a tripod or a pop-tart chewed into the shape of a gun certainly aren’t going to be leading the next revolution.

In her 80-page diatribe, Bartholet completely overlooks the lack of practical knowledge imparted by the school system. Our kids leave school knowing all about anal sex and BDSM but not how to do their taxes, make a reservation, navigate using a map, handle credit, or stick to a budget.

The real issue is a lack of indoctrination. Ironically, the real problem Bartholet has with homeschooling is this: Many homeschool because they want to isolate their children from ideas and values central to our democracy. While Bartholet scorns parents who indoctrinate their kids, she praises the school system for doing so.

The Book of Leviticus – written over 2,000 years ago – does not cite scientific research, nor does it explain the intricacies of a bat’s immune system – but it does warn against people eating them. Chapter 11 offers instructions on how to remain clean by abstaining from the consumption of certain animals.

It reads: “These you shall detest among the birds, they shall not be eaten – the eagle, the bearded vulture, the black vulture, the kite, the falcon of any kind, every raven of any kind, the ostrich, the nighthawk, the seagull, the hawk of any kind, the little owl, the cormorant, the short-eared owl, the barn owl, the tawny owl, the carrion vulture, the stork, the heron of any kind, the hoopoe, and the bat. All winged insects that go on all fours are detestable to you.”

And now the coronavirus shutdowns that have been implemented all over the planet have brought global trade to a standstill, they are making it more difficult to maintain normal food production operations, and they have forced countless workers to stay home and not earn a living. All of this adds up to a recipe for a complete and utter nightmare in the months ahead. David Beasley is the head of the UN’s World Food Program, and on Tuesday he warned that we could actually see famines of “biblical proportions” by the end of this calendar year.

Over in South Africa, the “chronic food shortages” have already become so severe that they are starting to spark rioting, looting and civil unrest…Unrest broke out in parts of South Africa amid chronic food shortages sparked by the coronavirus pandemic. Looters raided shops, attacked each other, the army and police after breaching one of the strictest lockdowns in the world. Police fired rubber bullets and teargas to disperse the mobs but local community leaders fear more outbreaks of violence are imminent.

He wrote that, "You [Jinping], your government and your scientists had to know long ago that coronavirus is highly infectious, but you left the world in the dark about it. Your top experts didn't respond when Western researchers asked to know what was going on in Wuhan. You were too proud and too nationalistic to tell the truth, which you felt was a national disgrace.”

Reichelt said that, “You rule by surveillance. You wouldn't be president without surveillance. You monitor everything, every citizen, but you refuse to monitor the diseased wet markets in your country. You shut down every newspaper and website that is critical of your rule, but not the stalls where bat soup is sold. You are not only monitoring your people, you are endangering them – and with them, the rest of the world.”

The Bild editor-in-chief cited a Washington Post article reporting that, “your laboratories in Wuhan have been researching coronaviruses in bats, but without maintaining the highest safety standards. Why are your toxic laboratories not as secure as your prisons for political prisoners? Would you like to explain this to the grieving widows, daughters, sons, husbands, parents of corona victims all over the world?”

He concluded that, “In your country, your people are whispering about you. Your power is crumbling. You have created an inscrutable, non-transparent China. Before Corona, China was known as a surveillance state. Now, China is known as a surveillance state that infected the world with a deadly disease. That is your political legacy.”

West Texas Intermediate crude for May delivery fell more than 100% to settle at negative $37.63 per barrel, meaning producers would pay traders to take the oil off their hands.

Thanks to the coronavirus lockdowns, global demand for oil has dropped to levels that are absolutely unprecedented. The amount of oil that is being produced is far, far greater than the amount that the world can use right now, and storage space has been rapidly running out.

For the US economy as a whole, it is critical for all of us to understand that things are never going to go back to exactly the way they were before COVID-19 came along. All of the financial dominoes are starting to tumble, all of the economic momentum is heading in the wrong direction, and there will be many more challenges that we will have to face after this current pandemic is over. There will be a lot more wild ups and downs in the months ahead, but this is what an economic collapse looks like, and it is just getting started.

In a Facebook post Saturday, the Israel Museum highlighted the story of the Antonine Plague, which erupted in the Roman Empire in 165 CE and slayed millions over the course of a decade or so. The pandemic is believed to have been smallpox, newly arrived from Asia, and at its height is reported to have killed 2,000 people a day in Rome. The high rate of infection and death may have been a result of the population having never encountered the virus before. It is believed to have killed some five million people throughout the Roman Empire — some 10 percent of the empire’s population.

But the disease also “dramatically crippled a powerful global economy, long long before #COVID19, the museum noted. “Much like the collapse of businesses and stock markets we are experiencing today, there is also direct evidence that the outbreak had a disastrous impact on the empire’s economy and trade.”

And the negative effects hit the Land of Israel too, then under Roman rule, where “most mints stopped striking coins in 166 CE and returned to normal operation only 10 years later, with the eradication of the disease.” The pandemic made returns in subsequent decades, though on far smaller scales than during its initial outbreak, likely due to the population building immunity over time. The Israel Museum also shared a photo of bronze coins from its collection which were minted at Nysa-Scythopolis, modern Beit She’an, around 175 CE, as the plague was dying down.