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More and more states are considering laws to protect the rights of private property from what whistleblowers and experts call “great take.”
Talked to New American's Alex Newman about key conversations, Grande described progress in states such as South Dakota, Wyoming, Tennessee and New Hampshire. Grande, principal of Trunorth Public Policy, also revealed that strong special interests, including the bank lobby, are being pushed back hard.
As part of a great scoring, laws have been changed in the US and around the world regarding ownership of securities such as stocks and bonds. Essentially, under the new legal regime, these securities can be used as collateral by the institutions that hold them. Also, if a crisis occurs, those who think they own stocks or bonds can know that they are not.
Investment banker David Webb first revealed the issue, and is now working with Grande and others to restore his rights to private property as soon as possible. While awareness is growing, Grande said there needs to be more to be done. However, this legislative session is expected to be the main session in this issue.
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