Bank Lobby Threatens ‘Great Taking’ Author David Webb
David Webb, author of The Great Taking, just exposed how banks and their political allies have systematically removed your property rights over securities. You might think you own your investments, but legally, your broker does and if they collapse, you have no right to reclaim them.
Webb and G. Edward Griffin have been fighting to strike exemptions in Article 8 of the Uniform Commercial Code, which prioritizes secured creditors over individual investors. But every attempt has been crushed by the banking lobby, which floods state legislatures with money, influence, and outright lies.
State lawmakers are folding under pressure. Banks have rigged the system, and most Americans aren’t lifting a finger to stop it.
The message is clear: no one is coming to save you. If you don’t take action, the banks will own everything—including what you think is yours.
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