Iowa brokerage's fraud, failure add to market worries

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  • My2Cents Taylorsville, UT
    July 12, 2012 6:45 a.m.

    Iowa is just the beginning, this whole world is running on empty capital with no basis of financial foundational. Since 1999 this country has been running of fumes of financial fakery and manipulation has kept them all from filing bankruptcy. Is this the real reason that our Federal finance wants to go cashless? If no one has cash and if there is no standard of wealth or value then cash is irrelevant and every one is penniless and broke. It means the end of commerce and trade.

    A system of allotted credit for work (indentured servitude) is definite terrorism and the end of commerce and national cooperation. A cashless trade system is how Russia operated and why it failed. And maybe that's the Obama world plan to get his vengeance for Indonesia.