The Great Taking | TN State House | Guggenheim Testimony | STOP IT! | BIGPICTURE.WATCH

In this clip, Tennessee Representative Antonio Parkinson cross questions Andy Guggenheim on whether Wall Street is indeed using everyone's stocks and bonds as collateral on derivatives contracts. This means they are encumbering your assets and if the derivatives market goes down, your stocks and bonds will be seized.

Andy Guggenheim earlier in his testimony says everyone's stocks and bonds are NOT being used, but in this cross questioning he plainly admits they are....

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Support the effort to STOP the Great Taking:
Under the current law in all 50 states the Uniform Commercial Code (UCC) gives the big banks priority to your stocks and bonds in the next financial crisis. Without your knowledge or consent your investments can be lost. This needs to be fixed and you can start this change this today by making a relationship with your state representatives to change the law and protect your property.

We have a team of experienced legal and policy advisors in place to assist you and your state legislators to draft a bill to fix the current law and protect your investments and put you back in control.

Contact Don at don@trunorthpublicpolicy.com or Bette at bette@trunorthpublicpolicy.com to get started.