U.S. Financial Takeover Strikes Again: Credit Unions Swallowed Whole

Follow up on: NWO Passes U.S. Financial Takeover Bill, Washington Quakes 7-17-10 "The law's passing "is the beginning of the process and not the end," says Satish Kini, co-chair of the banking group at law firm Debevoise & Plimpton LLP. "The shape of the reform won't be known until the regulators have spoken."
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Regulators Seize Wholesale Credit Unions

Nearly two years after Wall Street’s giants were rescued by the federal government, regulators on Friday took over three financial institutions that provide the underpinning for hundreds of the nation’s credit unions.

The three entities, known as wholesale credit unions and located in Connecticut, Illinois and Texas, were seized by regulators from the National Credit Union Administration, which supervises about 7,500 credit unions that provide basic banking services to millions of Americans.

It also established a set of regulations that will require wholesale credit unions to hold more capital and improve their risk management and governance practices
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re: "regulators...took over"

Two months ago with the passing of the so-called financial reform bill, the U.S. government gave the privately controlled Fed a virtual carte blanche power over the entire economic system of the nation to do essentially whatsoever they please. As far as to exactly what this might entail, John Q. Public was basically told that he would be informed on a need to know basis. The details would be left up to newly 'appointed' regulators [see 'update' above].

Well, some of those details are seeing the light of day now.

Last week it was Wall Street [link below]. This week the credit unions. The NWO beast has almost every square on the monopoly board. Again, the only goal is to weave the economy of this country into the under-construction global economy...and to then of course rule the planet [here]. They are hard at it. Be informed. Rev. 18:4

see also: NWO Financial Takeover Of America Update: Obama Appoints 'Wall Street Czar' 9-17-10
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Rev. 13:18 'Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six'