Fed Vice Chairman Warns: Your Bank May Seize Your Money to Recapitalize Itself

by | Aug 27, 2014 | Headline News | 254 comments

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    At the height of the financial crisis in 2008 the U.S. government forced some of the countries largest banks to take “bailout” funds amounting to billions of dollars in order to keep them from going bankrupt. It was a move designed to not only keep too-big-to-fail financial institutions afloat, but one that would inspire confidence and keep American consumers spending. As a result, the last several years have seen stock markets reach record highs with Americans continuing to rack up personal debt for real estate, vehicles, education, and consumer goods as if the financial crisis never happened.

    But the purported recovery may not be everything that government officials and influential financial leaders have made it out to be.

    Recent comments delivered by Federal Reserve Vice Chairman Stanley Fischer suggest that not only are global and domestic economies still struggling, but the U.S. government itself is preparing financial contingency plans in anticipation of another widespread economic event.

    However, this time around, according to Fischer, the government won’t be bailing out financial institutions in need of cash. Instead, failing banks will turn directly to their unsecured creditors when they need money. And within this context, that means you.

    The recession that began in the United States in December 2007 ended in June 2009. But the Great Recession is a near-worldwide phenomenon, with the consequences of which many advanced economies continue to struggle. Its depth and breadth appear to have changed the economic environment in many ways and to have left the road ahead unclear.

    Work on the use of the resolution mechanisms set out in the Dodd-Frank Act, based on the principle of a single point of entry–though less advanced than the work on capital and liquidity ratios–holds the promise of making it possible to resolve banks in difficulty at no direct cost to the taxpayer.

    As part of this approach, the United States is preparing a proposal to require systemically important banks to issue bail-inable long-term debt that will enable insolvent banks to recapitalize themselves in resolution without calling on government funding–this cushion is known as a “gone concern” buffer.

    Full text and video available at FederalReserve.gov

    Though Fischer doesn’t detail exactly what “bail-inable long term debt” actually is, one only needs to look to Europe, namely Cyprus, to understand what he means.

    When the Cypriot banking system collapsed because of an inability to service its debt in 2013, the government forced bank depositors to cover the debts. This led to banks forcibly seizing funds from depositor accounts in order to pay their debts.

    According to the Fed Vice Chairman, the U.S. government is now proposing similar rules, following in the footsteps of Europe and Japan, who have already prepared such measures.

    The bottom line is that financial, economic and monetary policymakers in the United States are fearful that another crisis, perhaps even worse than what we saw in 2008, is going to be playing out in the very near future. Otherwise, why would they find it necessary to take the drastic step of forcing bank depositors to act as a backstop for their financial institutions?

    But this time around, it won’t be the government that bails them out directly. Instead, if you have an account with the bank, you are an unsecured creditor for that institution, just like the people of Cyprus were for their banks. And when that bank inevitably comes under pressure because of an inability to cover their debts, it is you who will become the bailout mechanism.

    It’s not hard to imagine how this scenario might play out the next time around.

    At the first hint of another crisis we’re going to see panic that will make 2008 look like a picnic. First, stock markets will sell off en masse across the world as a scramble to not be the last one out takes hold of investors. This, in turn, will lead to liquidity problems at major financial institution across the country. As banks run out of cash to cover the tens of billions of dollars they need to service their existing debt, they will turn to the new policies described by Stanley Fischer.

    What this means is that one morning you could wake up and see ten or twenty percent of your funds transferred out of your account and exchanged for long-term debt (like a bond) with the promise that the bank will pay it back to you at a later date.

    The immediate result, as you might expect, will be widespread bank runs, just as we saw in Europe when Cypriot depositors got hit. But, there will be no cash to be had save a few hundred dollars here and there, as banks will limit ATM withdrawals and will likely shut their doors to customers.

    This, of course, would have an effect similar to what we recently saw in Ferguson, except riots and looting will be taking place in every major city across the country.

    And though it may seem like an impossible scenario to envision in today’s peaceful and stable America, the U.S. military and Department of Homeland Security doesn’t think so. For the last several years they have been war-gaming and simulating widespread economic collapse scenarios and they’ve been stockpiling everything from armored vehicles to riot gear in over 8,000 counties across the United States in preparation for the civil unrest that would explode from coast to coast.

    Tess Pennington, author of The Prepper’s Blueprint, warns that when a crisis like this hits and people lose everything they have, “a person’s anger rules their actions and their thoughts.” When that anger takes over, the people will turn on each other and on their government. “They defy government, because the government is the one that took those freedoms and rights away.”

    The government knows this and they have prepared significant contingency plans for such an event.

    When it happens, it will be too late for those who did not have the foresight to prepare for it.

    • Do you have extra cash on hand in case the banks shut down?
    • Have you acquired a secondary mechanism of exchange such as gold or silver in case your funds become inaccessible?
    • Do you have an emergency food stockpile in case bank merchant systems go down and grocery stores are unable to process transactions?
    • Are you prepared to shelter in place so as to avoid the looting, violence, and government detentions that will be happening in your local neighborhood?
    • Are you prepared to defend yourself if the violence spreads to your front door?

    Now is the time to be ready. The government is. You should be too.

     

    Related Resources:

    Riot Safety Tips

    Contact! A Tactical Manual for Post Collapse Survival

    Mountain House Basic Survival Food Kit (6 Months)

    Hand-crank Emergency Radio

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      254 Comments

      1. So much for TBTF…

        • “However, this time around, according to Fischer, the government won’t be bailing out financial institutions in need of cash. Instead, failing banks will turn directly to their unsecured creditors when they need money. And within this context, that means you.”

          I don’t see or understand the endgame from the government or the banker’s point of view. I see the short-term, but not the long-term.

          If banks were given permission by the government to seize depositor’s money, then they’d have to expect and prepare for protests. These protests have a rather high probability of continued violence and unrest.

          If widespread and extended, then this would result in less revenue to both the government and the banks. Not to mention that it would cost quite a bit to respond to the protests and unrest.

          Can someone explain a bit further what the government political leaders’ and the banking leaders’ (such as the Fed Reserve) endgame is in view of justified civil unrest?

          • I seem to remember that happening before…to people called ‘serfs.’

            • The best we can hope for is that the “people” with “money” in the “bank” will properly direct their anger to ANY PERSON SERVING THE INTEREST OF THE CORP FOR PAY.

              If the People wish to take back their government, it will not be done by looting local businesses. It will be done by taking over the court houses, police stations, mayors offices and city halls, school boards, all legislative and administrative buildings for the State of corps., etc.

              Ask the Sheriff if they stand with or against We the People, and take them over if they wish to stand against, stand with them if they stand with us and throw them in a cell if they do not.

              Release ALL political prisoners (commercial offenders) from the cells so they can fight with us.

              MOST IMPORTANTLY… Take control of the communications offices first, local TV and Radio stations, cable outlets, internet service providers, and let every one of them know the time for them to choose a side is NOW, and that the price of selling out to corporate interest will be immediate death.

              Get the word of truth out locally. The globalist can not be beaten if the individual tries to fight the global war that is sought. We must fight the local battles, and win enough of them to send the globalist packing.

              Needless to say, if you are a bank executive, you will probably be executed and rightfully so if you aid and abet the theft of one lawful nickel which is the only remnant of constitutional money left.

              You can mess with a lot of things, but the banksters know that once they openly steal TRILLIONS of dollars they will be targeted.

              Many “officials” are interested in Continuity Of Government. The people must make them consider whether or not the corp they represent should continue. And if they choose to work to assist in its continuity, they should be eliminated as they are hopelessly lost anyway.

                • Probably one of the most disgusting things I have ever seen.

                  That is 2014 entertainment? That is the lyrics your kids are listening to and repeating?

                  Has the world gone mad?

                  • As you know, moral subversion, cultural destruction, usury, tax farming, and crime have been specialties of the tribe for millennia… and when they are expelled from nations, city-states, and principalities, they pretend to be perplexed. Unaccustomed to honest introspection, not even amongst themselves do they admit cause-and-effect.

                  • This information is OLD news. Why are we wasting time and space on this subject????????

                  • John Q,

                    Travelling around middle America is the most frightening experience I’ve had in years. The utter narcissism, venal superficiality, mental, spiritual and moral sloth is simply unfathomable. Its all about having the most ease, comfort and hedonism possible. The citizens are a ground up, grass roots criminal syndicate, topped by the demented, corrupt government who very realistically mirrors the gluttonous, selfish constituency who votes them into power.
                    Ever try to talk to the Average Jane & Joe Doe about what is REALLY behind the downfall of their once-great nation?
                    Prepare to have them call the cops on you if you do!?

                    All across our land, even in the nowhere-outback shopping malls of lesser towns and rural capitals- you find several “Israeli cosmetic kiosks” equipped with Mossad Dancing Israelis, selling their ‘artwork’ and artiface to the mongoloid public.
                    Remember a CIA guy named Garrow claiming Mossad “discovered” a plan “by Arab terrorists/ISIS” to blow up 700 shopping malls?
                    Consider these IDF perfume salesmen the equivalent to the Israeli art students in the days prepping up to 911.
                    People: watch your malls of every size and see if any of these Zionist Dudevan ‘artists’ are plying their trade and don’t let them pull off this mall false flag.

              • I don’t see how the BANK can take your money unless you have a LOT of money in the bank. We are protected by FDIC insurance for about $100k. If the bank goes bust, the FDIC will take over and either find another bank to take over the assets and liabilities of the failed bank, or they will just print some money and pay us each up to $100k or however much we had in the failed bank.

                I could see how the government might impose a tax on savings. (We already have a tax on savings. I get about .1% interest per year, which is a lot less than inflation. The difference is a sort of tax.) But the dollar amount of principal should be safe.

                • Go and look as how they took the money out of the depositor’s account in Cyprus in 2013.
                  Your favorite bought and sold for Senator and congressman would vote for it, and they would put a limit on your account withdrawal too, Get it?

                  • I try to keep the minimum amount of $ required to keep the savings account active. If they confiscate anything from my account, they will be lucky to get $5.

                • FDIC does not cover bail-in seizure of your funds. They will be gone. This was looked at after the Cypress mess. And it was determined that seizure of the funds is a lawfull act(though it would never have been considered lawful or appropriate in the past.)

                • You really believe that the FDIC has enough money to cover all those accounts? If so then you need to get out more often. They can cover maybe five cents on the dollar. The FDIC was meant for individual bank failures not a nation wide collapse.

                  • I said they would print more money. That would cause inflation, which I also said is a hidden tax.

                • Like it or not, when you deposit money in a bank, you are in practice loaning the bank your money. In return they pay you interest (all be it a tiny amount). This makes you a creditor to the bank, and an unsecured creditor at that.
                  As to the FDIC insurance (it is for up to $250K now), the funds available to the FDIC are a tiny fraction of the amount of deposits in this country. In the event of a massive failure, they haven’t got enough funds to make good on even 10% of the deposits in the US. And getting any US bank to take over the liabilities of a failed bank will be quite the undertaking, because there just are not any US banks that are, by GAAP standards, technically solvent. They all depend on the liquidity of each other, when one can’t pay it’s bills, that causes it’s creditors to be unable to pay it’s bills and the dominoes fall very quickly.
                  The Federal Reserve could print money (it has ‘printed’ nearly $3 Trillion since 2008) but that could lead to a loss in confidence in the dollar, which could lead to hyperinflation ala Wiermar Germany 1920’s style.

                • The thing with the FDIC is they only have 1% of all money in the bank as a reserve. It is like an insurance policy, it isn’t designed for everyone to claim at once, it is designed for small groups to claim at a time. So if this happens there is no way the FDIC could really help. I guess they could give everyone 1% of their money back. And they are changing the wording on what they classify depositors. We are now being called unsecured creditors, so I am not even sure if the FDIC protection includes us anymore. Remember, banks are in it for the money not for our benefit. Here is the best example I can give on the nature of the bank. In 2012 they collected 32 billion in overdraft fees, meaning they took 32 billion from people who didn’t have any money.

                • Actually, Daisy K, we are allegedly “protected” by the FDIC, to the tune of $225,000.00 per account, unless YOU read the fine print on the FDIC program’s contract with the depositor. Of course your ban won’t tell you, but the FDIC is UNDER-INSURED by at least many billions of dollars, so there is NO money to insure the individual depositor at all. Who do you think is going to be making up the difference?
                  We taxpayers, and we depositors through Cyprus-style hair-cuts in our deposits.
                  Read the fine print in the FDIC regulations before “relying” on FDIC “insurance”, there’s NO money in that insurance pool at all, and you can thank Congress for that.

              • Dont worry everyone, just take colloidal silver. Its the answer to all of our problems.

              • Can we spare the bank tellers?

                I walked into my local bank today to see a poster sticky-taped onto the cashier’s side of the glass, with the printed side facing bank customers. The poster was an appeal for people to donate money to reconstruct Gaza and help its injured, hungry and homeless citizens. Not approved by the bank’s head office: but the tellers wanted the poster to be there, so they put it up anyway.

                The jewish Wall Street banking heads are pure evil, and the big bank executives deserve to rot in hell – but the ordinary, low-income bank employees are far from psychopathic.

                • Are you anti-Semitic or are you implying that non-Jewish Wall Street banking heads are not evil?

          • What I can’t understand is, as soon as people see it happening, I predict everyone who can, removing what’s left of their money from the banks, Direct Deposits stopped, and any other way people can avoid putting one dime in a bank.

            Personally, I’ll stop direct deposit immediately and my landlord will take my check, giving me the surplus in cash. I only have about $120 after my rent anyway.

            They can kiss my poor white ass. They might get me once, but only one.

            • Howdy, sixpack. I already keep most of my cash in a safe at home. Only have enough in the bank for one bill and that’s it. Unfortunately, my company imposed direct deposit on us 2 years ago. Never had any trouble with it yet, maybe I’m just lucky. But if it happens, you can bank [PUN INTENDED} on braveheart raising hell with someone. They can kiss my white ass also.

              • Brave,assume as soon as deposited you remove most of the cash,I buy online a bit and thus need a debit card and account but keep in what I need to pay along with a limited amount willing to lose(under 1000.00),add if needed for big online purchase.I still have about 10 % of funds in market,tis doing well and just one of different eggs and thus willing to take some risk.

                • Warchild, I have a debit card but try to use it as little as possible. I have done some online buying in the past, but had some trouble with that once, so now I try to do all of my purchasing locally. Online shopping does have its own risks.

                  • Online shopping for me has really always worked well,including huge case lots a few friends go in on.The other great thing about on line is no sales tax(not a N.H. issue) but you live with a sales tax and sick of supporting your state govt. helps,you love your state govt. am sure they have a donation process in place!

              • I also am required to use payroll direct deposit. But I am looking into moving it to a unaffiliated Credit Union. If the banks fail the credit unions should not be involved in their bail-in. However in Cypress the banks/government did not just take funds once. They continued a “tax” of EACH deposit made afterwards. You could always look at the bright side: you won’t have to fill out any IRS forms to get this money taken from you.

                Fact: The US Constitution allows taxes on Capital gains only and specifically forbids taxes on wages as they are an exchange of labor for pay.

            • However, for the folks relying on social security checks, unemployment checks, disability checks, veteran pensions, VA compensation, etc., the government has all ready made direct deposit nearly mandatory – and it will be mandatory when this comes to pass. Then all they need to do is have the bank give you a 15% haircut off anything that gets deposited electronically into your account. Just think about the impact of that.

              • Small credit unions or small local banks is the only way to go if you have to use a bank. The artical reads ” systemically important banks “. NOT all banks. Move your money or direct deposits right now.

            • A lawsuit may expose “the extent to which the government has hypocritically played fast and loose with classified information while simultaneously sending journalists and whistleblowers to jail over allegations that they have done the same.”

              http://www.unz.com/article/billionaires-make-war-on-iran/

            • I did not have Direct Deposit until I was forced to, and then I went to another Bank and opened an account for direct deposit. On payday I write a check and move my money to my old account at my old bank where the Feds don’t have access. Pay all my bills with cash and make all local purchases with cash, except for bills that I have to mail in, then I write a check. Use Cash when possible, debit and credit cards are just like direct depoist they are a funnel to a cashless society. Trekker Out.

          • My question is, how many on this site actually keep a substantial amount of money in any bank? This is sort of preaching to the choir. We all know this scenario is a real possibility, so none of this is really earth shattering news.

            We hear constantly now about how great the economy is doing and consumer confidence is up, I personally don’t believe a word of it, just look around, people are getting desperate. Part time jobs, no real prospects, the middle class is getting squashed, top down, bottom up.

            • Swinging on a star, I agree. I also see the exact opposite taking place where I live. Middle class is being reduced, shopping malls 50 to 85% empty in some parts of town, more people joining the ‘gimme dat’ crowd every month. What few jobs are left are dead-end jobs with no prospects.

            • The economy is certainly booming where I am. Consumer confidence in both the heroin and meth markets are gaining ground at unprecedented levels.

              • Scavenger,legalizing all drugs would break the back of the drug/cop/court/prison cartels,addicts could use cheaply and die if they wish as they do now without having to deal&steal to reach these idiotic goals.Would also end the burden on the taxpayer supporting the ticks that live off of this cartel welfare.We then end the govt. control on healthcare that feeds the pharm cartels/then,stop the crony taxpayer supported capitalism(welfare),well….you get the idea.

              • good one…..lol

            • One thing’s for sure. Your money makes about as much interest under the mattress as it does in a bank these days. So why bother?

              OTOH, if the economy does break down, dollar bills are fundamentally toilet paper, and having a gold coin will m=not make the process of buying a roll or real toilet paper easier.

              What do I know?

          • Free Slave

            they are idiots.. they dont think that far ahead
            or what the possible out come could be

            • VRF, I can’t believe that they’d be that stupid and short-sighted. They have to have some clever endgame in mind.

              When the President dropped the atomic bomb on Japan, he knew the endgame that he was strategically planning for.

              If people’s money gets stolen by the banks, there has to be some strategic endgame in mind that they’re thinking of. What could it be when faced with civil unrest? They’d have to anticipate the costly backlash that would negate much of their revenue stream.

              • Well , what they think is their end game might not be how we let it go down
                Bet that’s something they might be to arrogant to realize

                • Of course this is all by design. The more people Banks can get to default on secured loans, like to repo your home or car and give you back pennies on the dollar of your actual equity after they sell your assets at fire sale prices to their buddies. Plus they Destroy your credit so they can charge you more.

                  I saw a lot of this in my neighborhood where people would default on their home loans, kicked out of their homes in a foreclosure, then the bank hires some bogus shill property appraiser to value it real low, and a shill real estate agent to list the house which nobody can ever get a hold of to put an offer on. Meanwhile their Bank buddy gets an inside deal on the property, and re-lists it once they take ownership, for a quick flip $60K+ Profit. And by law the bank was to compensate the last owner for the difference of the sale and what they owned in equity. But of course under this shady bank scam the first owner with nothing in equity, or charged in Collection and Foreclosure Atty fees. Its a big Bank Robbery Rip Off.

              • Free Slave,

                Their “revenue stream” comes directly from a printing press and the gullibility of the People who take what it prints as money.

                The plan is to create a Chinese Style communist government and kill off as many dissenters as possible before and while installing it. Mao, Hitler, Stalin, etc., all were trial runs for the destruction of the LAST free state, the US of A.

                Fortunately, you can remain free if you can take care of, or better yet trust God to HELP YOU provide for all of your own needs, and protect what you have been blessed with.

                God will help the individual family to make it if they are true to their faith, but will not lift a hand to help any part of the collective that is His enemy.

                • So if I refuse to trust/have faith in the god you write about but also refuse to help knowingly the collective guess I am in the purgatory/grey state.Tis fine,would always have taken the blue and the red pill together given the choice!

                  • WD

                    You can NOT have it both ways.

                    You must either define YOUR faith and live it, or join those who refuse to define and live in any faith which is the collective of corp “persons” who know government as their god.

                    Anyone can find their faith at any time, with the prerequisite being that you are looking for it and accepting when it is found.

                    It has been said there are no atheists in a foxhole. Perhaps that is where your faith will ultimately be found. In the end, there will be only two. You and your maker. Only one will sit in judgment.

                    If you feel you evolved from green slime and walked out of the water, congratulations on being thoroughly brainwashed and deprived of any spirituality in your life. In that case, you may as well be a house cat.

                  • So uhhhh…. that would be the purple pill?

              • “A lion doesn’t concern himself with the opinion of the sheep.”

                Tywin Lannister

                • a sheep*

          • The more people die the more accounts and assets the bank and government can raid since you are dead and have no need of money or property.

            • Anybody who uses a “Bank Safety Deposit Box” to store valuables is a Fool. Its an Oxymoron. “Bank-Safety” Box?

            • But if you’re dead, you can’t be taxed any longer. Dead is against the law. Same reason suicide is. Breach of contract.

          • F-Slave>

            -(quote #1)-

            “…I don’t see or understand the endgame from the government or the banker’s point of view. I see the short-term, but not the long-term.

            If banks were given permission by the government to seize depositor’s money, then they’d have to expect and prepare for protests. These protests have a rather high probability of continued violence and unrest…”

            ***************************

            -(answer #1)-

            The “ENDGAME” is etched in granite…(research the “Georgia Guide-stones”) & the envisioned reduction of humanity’s population to a “manageable”…500 million total (planet-wide)!!!

            ————————————-

            -(quote #2)-

            “…can someone explain a bit further, what the government political leaders’ and the banking leaders’ (such as the Fed Reserve) endgame is, in view of justified civil unrest?”

            **************************

            -(answer #2)-

            …in truth, their view is an admixture of “pure contempt & hubris”…based on a self-aggrandizing belief that…..

            …they are superior to us!
            Thus, they don’t give a rats-ass what you/I or any other average “peon” thinks!!!

            ————————————–

            -(Recommendation)-

            …plan accordingly and make them “PAY” for their evil…use the “background noise” of the aimless/angry/thundering herd as they riot/protest etc…to claim your “marks”.

            –Good Luck to all serious hunters–

            • Serfdom

            • The “ENDGAME” is etched in granite…(research the “Georgia Guide-stones”) & the envisioned reduction of humanity’s population to a “manageable”…500 million total (planet-wide)!!!

              Hunter, three questions for the sake of dialogue. (And I’m not saying that you’re not onto something. You very well could be.)

              (1) Whoever “they” is, wouldn’t “they” be worried that some of their beloved relatives and friends be killed off in the aftermath?

              (2) And wouldn’t “they” be concerned that the infrastructure for a good quality of life be severely lessened by such a horrible aftermath?

              (3) And how could “they” be sure that “they themselves” wouldn’t be found out and become casualties themselves in this mass die-off?

              • FS

                1) They don’t know what love is.

                2) They don’t care because they plan on having 499 million slaves to rebuild it.

                3) They plan to hide underground until the culling has concluded and the remaining slaves are under total control.

                As Jeff Goldblum said in Jurassic Park, life will find a way. And indeed it will….

              • Free Slave-

                —(**answers**)—

                #1.> …”they” = the modern day followers/worshipers of the “singular god”(i.e. those who reject the one GOD-in-three = the Father/Son & Holy Spirit) & their atheistic/agnostic (mega)-wealthy hangers-on/camp followers(*****), whose god is MAMMON!

                2:> …”they”…do NOT think as you or I…to them, “compassion is a weakness/character flaw”…thus, should an associate suffer amid the (coming) “reckoning”…its no skin off those surviving(s) noses!

                They are the (self-convinced) elite…and if some among their number suffer/die…its because they were amiss/lacking in “their preparations/security”.

                …besides, their passing is useful for propaganda purposes, per their (owned) media orgs.!!!

                *****************

                Understand that, allegiance/binding-honor to each other…is trumped by allegiance to their god(Satan/Mammon).
                They know they will suffer losses, per the law of averages.

                …its up to “us” to insure said “losses” are severe enough to eliminate the chances of success/victory, per their agenda!

                ——****——

                …one day, everyone here & the lurkers/readers will be “forced” to make a soul-shaking decision…as to whatever they decide,…it will have consequences…not only per their family/progeny…but, likely for humanity itself!

                …the enemy is “banking” on the likelihood…that you’ll side w/ him!!!!!!!!!!!

                ——****——

                #3:> …FYI pal, the cat has escaped the bag!!!
                …the truth concerning the enemy & his agenda is gathering steam/velocity. It grows daily, all across this planet…the evidence supports said truth.

                “TRUTH” is like a Lion…it requires no defense…let it loose…& it will defend itself! -(St. Augustine)-

                ———————————

                …yes, per your mass-die-off query.
                I ask you…who has “the liquidity/the connections/the political power”…to best prepare for a full-bore SHTF scenario???

                …its not you…nor I…nor anybody here, either!!! At least not in a 100%, all bases covered situation.

                ..that said, (IMO)…their(the enemy’s) agenda is ancient…it dates back from the “CREATION” of Adam/Eve… onto Cain/Able!
                It seeks to corrupt/destroy the creative-genius of the Creator.
                He’s told us…their plan will ultimately “FAIL”!

                …that’s why “global events” are accelerating at an exponential/logarithmic rate.
                They’re fast-forwarding their agenda via manifold feints/fronts/attacks…to keep us “off-balance” and confused/focused on the peripheral bait(s)!!!

                …in the end, its “our” job to assist our Creator in the coming combat/war!

                ———————————————————

                …thus, per “the Sarge”….

                …”aim small, miss small”.

                ——————————————————–

                *****(for you civilians) …camp followers = WHORES!
                –see the beginning of this rant!!!–

            • Gotta keep the pressure up on the “peasants” to cause enough civil unrest to bring in Martial Law.

              Martial Law has nothing to do with “law”. Whatever you happen to be doing, if it does not please the government you will be be treated just like the Russian people were treated under their “martial law”. Extermination!

              • @Pissed off Granny- You know you may have something there You said- “Keep the pressure ON by the peasants with Civil Unrest so they Bring on “Martial Law.”

                Because there is NO Way this Government can control this entire nation under Martial law. NO F-N Way!! Just Look at one city in Missouri called Furguson that they could not handle for several weeks. Imagine a nationwide revolt and rioting.

                The Only Tool this Government has right now is {“FEAR” of Martial Law.} Because If the Government actually did try to Install “Nation Wide Martial Law” it would just show their hand, of how “WEAK” they are to control the masses by force. Also because many in LEO’s would resign and join the Revolution by and for the people. You do NOT want to be on the “wrong side” of Freedom in America.

                • Don’t forget the billion screaming chinamen that would be here helping them out with the martial law thing.

                  • PS, they will probably wait a few weeks so that we would thin ourselves out before inforcing martial law.

                • Granny and WWTI, you are both correct. TPTB can never have enough people, even counting UN ‘peacekeepers’, to try to control this nation. As DK has always said, 100,000,000 gun owners have the country’s destiny in their hands. Only 10-25% of those gun owners at the most would be enough to take this country back and save it.

                  • Here watch this Scam in Argentina unfold, how the Argentinian Government set up this large Drug Raid Scam, to arrest hundreds all at the same time. They set up this Bogus Green Convention, and under disguise they brough in al these law enforcement people pretending to be conventioneers / civilians. Then sprung their huge Drug raid onto the city all at the same time. Video – http://www.youtube.com/watch?v=l98IyhYYzXE&feature=youtube_gdata_player

                    I tell you this, as our US Government could do the same SCAM here in the US to bring in thousands of UN Troops to start Martial Law by disguising it as a National Convention into a large city then spring martial Law onto the community. Look for these signs of Foreign infiltrators into our country. Expose the truth at every turn. Pay Attention- Eyes Wide Open people.

                  • I volunteer

            • “The “ENDGAME” is etched in granite…(research the “Georgia Guide-stones”) & the envisioned reduction of humanity’s population to a “manageable”…500 million total (planet-wide)!!!”

              The “endgame” is full implementation of Agenda 21.
              And if that means that millions die, so be it.

              The POTUS is currently working on a new climate law that will basically give the EPA free riegn to impose as many new regulations as he wants.
              This is all being done with the UN .
              just imagine all the regulations and the implications of those illegal actions.
              Bill Ayres : legislate threw regulation.
              Kinda says it all , right ?

              • Hammer>>>

                + thousands up to you!!!

            • All being said is true but I would bet that if Obama was running again today he would win as would most of the scumbags in the congress. The people are fools and getting just what they deserve. Sadly the rest of us are also getting it hard and deep. With the coming amnesty there will never again be anything except a Democrat president.

          • Marshall Law?

          • The bankers are enriching themselves at the expense of others.

            Government officials come in two types.

            Cronies who are enriching themselves through the private-public revolving doors (the military-indusrial complex, the symbiotic relationship between government and big banks, and the EPA-green-techology-subsidies complex).

            Ideologues who see civil war as an opportunity to destroy their political enemies and usher in communism.

          • As to the endgame, it’s real quite simple: they’ll lie and steal deposited money to keep themselves alive in the short term. If they do NOT survive the short term, then the long term is irrelevant.

          • Another Bank scam called – Rehypothecation

            Definition of ‘Rehypothecation’
            The practice by banks and brokers of using, for their own purposes, assets that have been posted as collateral by their clients. Clients who permit rehypothecation of their collateral may be compensated either through a lower cost of borrowing or a rebate on fees. READ YOUR TERMS OF AGREEMENT WHEN YOU DEPOSIT MONEY IN BANKS. YOU MAY BE AGREEING TO ALLOW THE BANK TO USE YOUR DEPOSITS /BASICALLY CO-MINGLING OF FUNDS FOR ANY PURPOSE THEY CHOOSE.

            Investopedia explains ‘Rehypothecation’
            In a typical example of rehypothecation, securities that have been posted with a prime brokerage as collateral by a hedge fund are used by the brokerage to back its own transactions and trades. While rehypothecation was a common practice until 2007, hedge funds became much more wary about it in the wake of the Lehman Brothers collapse and subsequent credit crunch in 2008-09.

          • BOYCOTT ALL BANKS AND JOIN YOUR LOCAL CREDIT UNION.

            • Wwti…if the dollar becomes worthless. What would reverting to a Credit Union accomplish? Just want to get your perspective

          • “banks will turn directly to their unsecured creditors when they need money”. The key is undescured – ie over $250,000

            • You can actually have more than $250K in secured deposits. I ran this by my banker wife (small community bank, that is) and she said:

              “An unsecured deposit would be an uninsured deposit. That means that it’s a deposit in excess of the $250k that is protected by the FDIC Insurance rules. It’s actually more than $250k per depositor … a single person can actually get up to $850k in deposit insurance if they structure their accounts correctly (there are different categories of insurance, each category carries a $250k limit … it’s sort of complicated to explain). The process of having excess funds secured by a bond is actually already happening and, in some cases, required. Government and Municipal funds that exceed $250k MUST be secured by a bank-purchased AAA rated bond. We call this “Pledging”. Essentially, the bank owns the bond but ‘pledges’ to pay proceeds of the sale of that bond to the municipality or government entity via a contract in the event of bank failure. Businesses can have this, too … but it’s voluntary for them. And, consumers can participate in deposit-sharing agreements where they put all of their money in a single bank, and that bank then turns around and ‘sells’ deposits that exceed $250k to other banks. The consumer has to direct this activity and it’s all governed by contract. And it’s only allowed for time-deposits (CD’s) where the bank requires 7 days advance notice before the funds can be withdrawn.”

              Sure wish I had the problem of having more money than I could secure at a single bank…

              • Of course the notion of “secured” is questionable as the FDIC could issue an emergency resolution to decrease the $250K down to say, $10K, and suddenly that $240K is now unsecured and can be covered by a bond. After all, the FDIC passed an emergency resolution to temporarily increase it to $250k from $100k back in 2009, and then Dodd-Frank made it permanent. Nothing to say it can’t go the other way.

          • In reply to Free Slave’s query:

            The people behind the scenes at the top tend to be Luciferians – seriously. They don’t consider themselves to be devil worshipers – they see lucifer as the ‘bringer of light’. They have everything they want so they also tend to be nihilistic and destructive. Civil unrest is chaotic and gives them an excuse to crack down and be tyrannical. You know – create the problem and then provide the solution which is what they wanted all along. Ordo ab Chao, order out of chaos, the Hegelian Dialectic – they all mean the same thing. They are being used to destroy the old world order to bring in the new.

          • The End Game is clear: It is the decisive blow for the total and deliberate decimation and impoverishment of the Middle Class. The poor live on EBT cards. The Rich and Corporations have their money in stocks, bonds, and Treasuries.

            Only the Middle Class keep their excess funds in checking and savings accounts. 🙁

            Such action by the FEDERAL RESERVE and approved by the PTB would result in the death of the Bankers and the Political Class as Americans would track these thieves down and execute them.

            Violence would erupt and the American civilization would descend into total chaos giving the Power Elite the excuse they need to turn our military upon US, invite the UN into America, dissolve the US Constitution, and force the merger of the United States into the North American Union under UN auspices.

            Bail-in’s are not necessary in America.

            The Hedge Funds Pension Funds, and money market funds who would lose 60% or more in a Crash that required Bail-Ins; who are also the stock owners of the banks could lose their equity in the banks and the bank stock rolled up and new stock could be issued to new investors. This is what should have been done the last time.

            Bail-outs and QE have proven quite effective in re-capitalizing the banks and maintaining their liquidity.

            A Bail In in America would be the prelude to an entirely new form of government, a new Constitution, and NO Bill of Rights. It would be a government of the Rich, by the Rich, and for the Rich, on a scale unmatched since Pharaoh.

            Save ten dollar bills in number ten cans. 🙂

            • The end game on all this is the replacement of the existing population with a new third world one. Seizing the money in banks will help finance that. All we have worked for will be given to the new preferred class of new arrivals.

          • This is theft and whoever does it should be prosecuted and go to jail.

            • Prosecuted by whom…the Eric Holder DOJ?…not gonna happen.
              The prosecution of criminals will begin when the armed revolt happens..and it will happen

              Live Free or Die..in a FEMA Camp
              Talon1776

          • THE BANKS don’t need your money,its their way of stripping you of everything you have WAKEUP,you morons……..or your going to wakeup in a FEMA DEATH CAMP……….

          • The gov. wants unrest. It will then impose Martial Law and then a dictatorship.

          • The ‘endgame’ is not logical because you-and the vast majority of people are unaware of spiritual warfare. Amongst those who hoard money, who love money, who serve money, there is a deep wretched soul eating fear. Fear of the guy that sits to the left of him in the board room, fear that those who they rob, lie to and oppress will finally identify and attack them. Fear corrupts, divides, usurps logic. In the end, fear and satan will loose. THE answer is Jesus. Know Him and seek Him, for He loves u and offers you eternal and abundant life. He alone is THE door. Get under His almighty protection !

          • FreeSlave says:
            Comment ID: 3213988

            “If widespread and extended, then this would result in less revenue to both the government and the banks. Not to mention that it would cost quite a bit to respond to the protests and unrest.

            “Can someone explain a bit further what the government political leaders’ and the banking leaders’ (such as the Fed Reserve) endgame is in view of justified civil unrest?”

            As the article says above, it would appear that the government could very well be preparing for expected violence that would accompany an economic breakdown triggered by federal confiscation of personal banking wealth. Many people think that a “Hunger Games” or a “World Made by Hand” scenario could ensue.

            On a long term basis, it simply does not make sense that the rich and powerful elites would risk losing everything by scheduling such a trigger event and breaking American society probably irreparably. After all, they have most of the money anyhow, and if there is to be a taking of money, than that taking would happen in the accounts with the highest balances. The Joe Schmoes of the country, who have a thousand dollars here and there, would be greatly inconvenienced by that possible taking, but that’s not where the real money is.

            There is no pragmatic or other justifiable reason, other than the re-institution of a slave based economic sytem, for there to be a such an endgame as you wonder about.

            It cannot be that there is an endgame which would include the re-institution of a slave based economy, this time without discrimination on the basis of race or creed or orientation.

            I did read the speech in its entirety. Rather than create manufacturing jobs, which are the only basis for widespread wealth, the speech proposes a continuation ofits dependence on interest rates alone, to stabilize the economy.

            This “bail-in” system simply cannot reverse the recent economic trends, and will be soundly rejected by those who have the most money at risk of being “bailed-in”. The only “tool” that the Fed has is its usual dependence on setting interest rates. Perhaps some of the more sensible provisions of Dodd-Frank will ensure that the banking system acts more responsibly in the future.

            Hakuna metata?

          • Free Slave asked for an explanation, and I offered it. Not sure how long my text was allowed to stand, but it ended up getting deleted. I guess an honestly spoken opinion is truly offensive.

          • What protests? When they confiscated peoples’ deposits in Cyprus, nothing happened. A few protests for a couple of weeks and then everything went back to normal like nothing happened.

            The same are about to do in Greece in a few months, according to the EMS guidelines, and then again nothing will happen.

          • how about martial law? Then there would be no elections and we will live under a dictatorship. hmmm, doesn’t sound like fun to me

        • Those scumbags better have some dedicated bodyguards when they steal that many people’s money. I would wager someone will slip through their security measures and ‘BANG’

          • The New World Order can be eliminated overnight, and at 500 yards. 🙂

          • If the US government and its cronies cannot pacify Afganistan or Iraq, they are not going to be successful at subduing a popular uprising in the US.

            • I agree in a way Night,that said,if all our forces really had full/open supply and no rules wonder how many conflicts would have ended differently.The millions that recently bought firearms are a indicator of a number of citizens worried where we are heading,depending on how many new folks purchased and not just adding to collection would give some idea how many new folks to a percentage there might fight back by any means necc.,sucks to have to even think this way.

      2. Can’t seize it if it is not there. Or it is invested in precious metals, supplies, or hidden somewhere.

        Here is something that shows what is happening now, from Orwell many decades ago.

        Saw this on Rense, and it sure does show the fall of society and civilization for this year and every year thereafter. 🙁

        10 George Orwell Quotes That Predicted Life In 2014 America
        ————————————————————————————
        1) “In our age there is no such thing as ‘keeping out of politics.’ All issues are political issues, and politics itself is a mass of lies, evasions, folly, hatred and schizophrenia.”

        2) “All the war-propaganda, all the screaming and lies and hatred, comes invariably from people who are not fighting.”

        3) “War against a foreign country only happens when the moneyed classes think they are going to profit from it.”

        4) “The very concept of objective truth is fading out of the world. Lies will pass into history.”

        5) “In a time of deceit, telling the truth is a revolutionary act.”

        6) “Journalism is printing what someone else does not want printed: everything else is public relations.”

        7) “In real life it is always the anvil that breaks the hammer…”

        8) “The nationalist not only does not disapprove of atrocities committed by his own side, but he has a remarkable capacity for not even hearing about them.”

        9) “Threats to freedom of speech, writing and action, though often trivial in isolation, are cumulative in their effect and, unless checked, lead to a general disrespect for the rights of the citizen.”

        10) “If you want a picture of the future, imagine a boot stamping on a human face—forever.”

          • KYMom -Cause its the Joos in the Fed greasing the hands of their Joo buddy banker cabal.

        • I’m currently re-reading 1984. Some of the similarities described in the book between what is going on currently in world and US governments are astoundingly prescient.

          • Orwell was a globalist who was merely relating the plans and expected outcomes of his fellows.

            • Maybe so, however I think they’ve exceeded his wildest imagination. And they ain’t done yet.

          • In keeping with the Big Brother theme of 1984, there’s this news:

            DOT Proposes Mandating Cars Broadcast Location, Direction and Speed

            So, not bad enough they spy on all of our internet, phone, banking transactions etc. now they want our vehicles to report their precise location, as we are driving.

            Then they’ll expect us to believe that this is all benign and “for our safety”.

            ht tp://www.cnsnews.com/commentary/terence-p-jeffrey/dot-proposes-mandating-cars-broadcast-location-direction-and-speed

            (Take out the spaces between ht and tp)

            • I would not be surprised if there are secret DOT requirements that new cars should have the ability to be remotely disabled, or worse, a way to lock passengers inside.

          • I haven’t read 1984 recently, but I remember some of the lines and dialogue in the novel. Very bleak, depressing reality created by Orwell. I read it when I was in a high school Lit class back around 1970. And some of things mentioned in the book are happening to us now.

          • obama read that and thought, I can make this happewn!

        • Howdy, BI, and once again, on target. [PUN INTENDED]

      3. Not a good idea.

        • Here is a list to share with friends/relatives you may see over the Labor Day weekend that tell you they CAN’T AFFORD to be prepared.

          After reading scores of threads of people asking how to get started prepping, having to “sneak” prepping from their spouse or “don’t have the money” to prep, I thought I would put together a thread that would cover each.

          The goal of this thread is to demonstrate that prepping can be done on the cheap for about $ 5.00 per week. I do not think that I know anyone who could not spare five bucks per week to invest in the ability to feed yourself and your family in the event of being affected by some form of disaster.

          For just $ 5.00 +/- you can buy the following storable things:

          FOOD ITEMS
          •Five packages of Idahoan instant potatoes (flavored)
          •A case of ramen noodles (20 pkgs.)
          •five cans of sardines
          •five gallons of purified water
          •nearly two cases of bottled water
          •four cans of peaches, pears or fruit cocktail
          •2 jars of mandarin oranges
          •five pounds of rice
          •three to four pounds of spaghetti
          •Two cans of spaghetti sauce
          •three bags of egg noodles
          •eight packages of gravy mix
          •four cans of whole or sliced new potatoes
          •four cans of green beans or at least three cans of carrots, greens, peas or mixed veggies
          •Two cans of Yams
          •six cans of pork and beans
          •one 40 oz. can of Dinty Moore Beef Stew
          •Two 12 ounce cans of chicken, tuna or roast beef
          •One 1lb canned ham
          •three cans of refried beans
          •three 12 oz. cans of raviolis or spaghetti O’s.
          •Two 12.5 oz. cans of Salmon
          •Five pounds of Oatmeal
          •Four packages Dinty Moore heat and eat meals
          •five packages of corn bread mix
          •Four pounds of Sugar
          •Five pound of Flour
          •1.5 quarts of cooking oil
          •three one pound bags of dry beans
          •two cans of apple juice
          •a jar of peanut butter
          •two boxes of yeast
          •two bags of generic breakfast cereal
          •10 8 oz. cans of tomato paste/tomato sauce
          •four cans of soup
          •four cans of Chunky soup
          •8-10 pounds of Iodized salt
          •two bottles of garlic powder or other spices
          •Two boxes of kool aid
          •A can of coffee
          •2 bottles of powdered coffee creamer
          •bottle of generic vitamins

          Non-Food Items
          •one manual can opener
          •two bottles of camp stove fuel
          •100 rounds of .22lr ammo
          •25 rounds of 12 ga birdshot or small game loads
          •20 rounds of Monarch 7.62×39 ammo
          •a spool of 12 lb. test monofilament fishing line
          •2 packages of hooks and some sinkers or corks.
          •artificial lure
          •two packages of soft plastic worms
          •three Bic Lighters or two big boxes of matches
          •A package of tea lights
          •50 ft. of para cord
          •a roll of duct tape
          •a box of nails or other fasteners
          •a flashlight
          •two D-batteries, four AA or AAA batteries or two 9v batteries
          •a toothbrush and tooth paste
          •a bag of disposable razors
          •eight bars of ivory soap (it floats)
          •a box or tampons or bag of pads for the ladies
          •two gallons of bleach
          •needles and thread
          •a ball of yarn

          OTC Medications (at Dollar General)
          •2 bottles 1000 count 500 mg generic Tylenol (acetaminophen)
          •2 bottles 500 count 200 mg generic Advil (ibuprofen)
          •2 boxes 24 count 25 mg generic Benadryl (diphenhydramine HCI)–also available at Walgreens under “sleep aids.”
          •4 bottles 500 count 325 mg aspirin
          •2 boxes of generic sudafed
          •4 bottles of alcohol
          •a box of bandages (4×4)

          Please feel to add to the list. Some of the items above will go for less than five bucks, some may go for slightly more. You get the drift…
          http://www.survivalistboards.com/showthread.php?t=36711

          • At the dollar store you can get

            5 bottles of shampoo
            5 bottles conditioner
            5 lg bottles of pine cleaner
            5 packages cotton swabs
            5 bottles dish soap
            5 bottles liquid body wash

            • SIX , Have you and KY mom been in my pantry ?
              LOL , Its all dollar store stuff.
              But its OUR stuff !
              Better to have somthing than nothing .

              • Better to have a little something, than a lot of nothing…

          • KY Mom, that’s a great list, but the only item I question would be the ramen noodles. Those are very heavy in sodium and need something to go with them to make them filling. Braveheart tries to avoid foods heavy in sodium. those frozen dinners at the stores are also loaded with sodium.

            • You don’t have to use the entire flavor packet. My wife and I just use half a packet. We save the other half to flavor egg noodles later. Or you can skip the flavor packet and use your own mixture of herbs and spices.

              • save the packets for barter…

              • I use 1/4 of the packets too. I toss the rest into a jar, and use it for flavoring in soups and stews as desired. It’s really just like using those bullion cubes.

            • Or you can make the noodles from scratch.

              ht tp://www.instructables.com/id/How-to-make-REAL-Japanese-ramen-from-scratch/?ALLSTEPS

            • When the soup base is boiling and you have cooked the noodles through, whisk in an egg. Very tasty!

            • NO SALT! You just as well put on a sucide belt and rush the White House Now. Trekker Out.

          • Thank you Mom…spot on as always…

            Sixpack, If I may…

            Try to avoid any of those products from china.

            • I wish I could jbg, but with as little as I have for food, I almost HAVE to add some less-healthy stuff to my cupboards. It is better than starving, because at least you FEEL like you ate something.

              The hungrier one gets, the less picky one becomes.

              • Unfortunately I do understand…Godspeed…

          • Thanks for taking the time to write this up, even if it was a cut and paste, excellent list, and I am beaming to say I have almost all of it! What a great feeling that is.

            • Mom,good list,and,just backs my tired/shopworn yet true phrase ,”The smalls add up”.

          • Aldiss has really good deals, get a lot of bang for your Benny bucks

      4. This is already happening in Europe. It is what Frankendodd was all about. Your 401k, IRA and any other monies they can get their slimy bankster hands on is also at great risk as the dollar is destroyed. Heavy metals are the best option – gold, silver, brass, and lead are all good ideas.

        • Argentina, too. Twice.

          Heavy metals are a no-no. As long as there is a “functioning” (by their definition) currency, they will simply make it illegal to trade in P/Ms. For black market trades they’ll be OK, but not for anything the Goobermint can know about. And with the Intarwebz they can know about damned near everything.

          • Eh,I like my heavy metals!I saw Motley Crue and Alice Cooper play together last weekend,16th center row from box office day of show!I had a blast and passed another litmus test in that can I still have fun at a show sober,and,lucky for me the answer was yes!With all the negativity in the world and still waiting on a contract payoff just said screw it,enjoy life while I can!

        • That sounds about right, maddog.

          With one swoop of the leftist hand of the Commander -n-thief, a declaration of Martial Law and the list of losses will pile up.

          The wiping out of trillions of dollars worth of paper assets; retirement funds, as well as investments in stocks, bonds, and commodities….gone….

          The lockdown and stealing of funds in all Banks; cash and valuables left in “safe deposit boxes”….gone…

          All gold,silver, and platinum could be declared as property of the gov and deemed worthless unless turned in for pennies on the dollar.

          The only things worth much will be the items stocked up on previously, that will feed and defend folks, or surpluses of such, that can be used for barter.

          Beans…Bullets….and the Bible.

          pwtw

          • “gold,silver, and platinum could be declared as property of the gov and deemed worthless”

            That’s ONE THING no government can do — tell us what the value of any commodity is to us. They can tell us what it’s worth to THEM, but not to us.

            • You are right, sixpack.

              They can’t tell us what the value is “that we place on those PMs”, however; If the gov declares them illegal for use in place of the NWO money, then the value of stockpiles of such PMs has lost much of it’s value except for bartering with folks that somehow feel they are of some value or use to them at a later date.

              Nothing wrong with having some PMs on hand. We do have some; but, we are smart enough to not put all our eggs in one basket either.

              • Read the first 60 pages of the Gulag Archipelago, volume 1 (that’s all I could take) and you’ll see how they’ll get you precious PMs from you. It’s not pretty.

          • Pass,along with the losses piling up will be the bodies piling up,not happy about that or looking forward to it,just inevitable.

          • What about toilet paper, paper plates and bowls, since you won’t wast water washing these things. Also plastic forks and spoons.

            • I forgot to say a shovel, because you’ll have to bury your trash somewhere.

      5. For most people here. I would think that they’re as well prepared as they have resources for. Not that you’re ever done. It’s a constant, evolving plan for survival in the event of catastrophe. The rest? Well, they’ve been warned, but chose normalcy bias as their plan. I’ll help where I can, but me and mine come first, last and always.

        • amen to that, Navy Vet.

          ” Not that you’re ever done. It’s a constant, evolving plan for survival in the event of catastrophe.”

          We live by that idea, that we are never really done prepping. Never too much rice and beans sealed up in clear glass containers with “metal” lids. Metal lids very important unless enclosed in larger metal container or completely sealed area.

          Example: We buy cornmeal in a bulk 25 lb bag. We put all but what we are going to use out of into glass containers with metal lids and tuck away in a dark cool place. The gallon jar we keep on a shelf in the kitchen to use out of, has a plastic lid. This is at the retreat shack/cabin where we plan to bugout, so it is in the woods.

          Last week I got the cornmeal jar down to get some out for frying up some fish and low and behold a damn mouse had crawled up the side of the gallon jar and gnawed a small hole in the plastic lid. Luckily he hadn’t chewed long enough to climb in, but it opened the way for a couple piss ants that were already dead. Lesson learned.

          Anyways, we buy what we can, and have been for the past five or so years on a fixed income.

          We have been wanting another solar panel or a wind generator so we have been saving a little at a time.
          Last week we found a portable 30 watt solar panel on sale at a third off and had a discount coupon for twenty bucks, so now another usable prep item at a good price, has made it to the retreat.

          The wind generator will have to be on hold for a year, if we have that long.

        • I’m forced to have multiple bank accounts. All I can do about that is try to see it coming and get there as fast as I can.

          If they do manage to get most of it though, I’m stuffed full of preps to try to ride it out. I’ve tried to plan as if I’ll turn 65 broke anyway. I’ve never counted on Social Security.

          NOT THEIR SERF.

          • Mr. Smith (Formerly Grafique) says:

            “I’m forced to have multiple bank accounts. All I can do about that is try to see it coming and get there as fast as I can.”

            “NOT THEIR SERF.”

            LOL… Oh yes you are!

            If you play their game, you are theirs.

            • It looks like Grafique did another drive-by, poop and run.

      6. So the criminal dual citizen vice daddy named “Fed Vice Chairman” warns that his half breed may seize my money? Google Stanley Fischer and you’ll find his identity. I still can’t discover what country he is from.

        • Probably because he was found under a rock, and nobody saw who threw it.

          • Sixpack….I think the rock thrower is:

            Stanley “Stan” Fischer (Hebrew: סטנלי פישר‎; born October 15, 1943) is an economist and the vice chair of the U.S. Federal Reserve System . Born in Northern Rhodesia (now Zambia), he holds dual citizenship in Israel and the United States.[1] He served as governor of the Bank of Israel from 2005 to 2013. He previously served as chief economist at the World Bank.[2] On January 10, 2014, United States President Barack Obama nominated Fischer to be Vice-Chairman of the US Federal Reserve Board of Governors.

            I thought Obama discovered him in Ferguson and said if I had a son he would look like Stanley.

            • Oh, another one of those “mooslum” appointments!

              • Oh yes POG. Mossies are running the Federal Reserve. It is funny that there are still some people on this site thinking the mossies are the real danger. Actually the cannibals named ISIS are the product of Fisher and alike.

      7. Some where Ken Lay and Jeff Skilling of Enron are eating their hearts out.

        Hey, thanks so much, leftist, for the $20 freaking TRILLION you have spent on your leftist War on Poverty (Detroit must be your crowning jewel, right?)

      8. When ‘money’ is no good, this will help….

        A 92-year-old, petite, well-poised and proud man, who is fully dressed each morning by eight o’clock, with his hair fashionably coifed and shaved perfectly, even though he is legally blind, moved to a nursing home today. His wife of 70 years recently passed away, making the move necessary. After many hours of waiting patiently in the lobby of the nursing home, he smiled sweetly when told his room was ready.

        As he maneuvered his walker to the elevator, I provided a visual description of his tiny room, including the eyelet sheets that had been hung on his window.

        “I love it,” he stated with the enthusiasm of an eight-year-old having just been presented with a new puppy.

        “Mr. Jones, you haven’t seen the room; just wait.”

        “That doesn’t have anything to do with it,” he replied.

        “Happiness is something you decide on ahead of time. Whether I like my room or not doesn’t depend on how the furniture is arranged … it’s how I arrange my mind. I already decided to love it. “It’s a decision I make every morning when I wake up. I have a choice; I can spend the day in bed recounting the difficulty I have with the parts of my body that no longer work, or get out of bed and be thankful for the ones that do.

        Each day is a gift, and as long as my eyes open, I’ll focus on the new day and all the happy memories I’ve stored away. Just for this time in my life.

        Old age is like a bank account. You withdraw from what you’ve put in.

        So, my advice to you would be to deposit a lot of happiness in the bank account of memories! Thank you for your part in filling my Memory bank. I am still depositing.” Remember the five simple rules to be happy:

        1. Free your heart from hatred.
        2. Free your mind from worries.
        3. Live simply.
        4. Give more.
        5. Expect less.

        • eppe,

          Very inspiring! Thank you for sharing this!

        • Very nice. Thanks.

        • Eppe: Every vertical day is a good day and your bank account makes a smile with it. thanks

        • @eppe:

          You are a GEM! Thank you so much for sharing these words of wisdom with the rest of us.

          Tomorrow morning I will put this into practice. At 73 I can relate to some of the non-working parts (LMAO).

          What I have to work on really, really, hard is the hatred part. Not that I have so much actual hatred, but the underhandedness of the vast legions of people who just want to push the rest of us into the gutter gives me, er, pause…..

        • What you have written is spiritually uplifting. You are blessed.

        • Eppe,
          Thanks for making all my minor frailties seem a little less imposing.
          — Happy Labor Day weekend to you and all the wonderful people here at SHTFPlan.
          Take Care
          — Miss Dee Dee

      9. If they wanna start an armed revolution in this country, seizing bank accounts is the way to do it.

        • In that case TOC……Please God let them start seizing bank accounts.

        • Well they might be Jesse James without a gun, don’t be without your gun.

          • PO’d Patriot, if anyone comes to my place to play Jesse James, they’ll take a ‘dirt nap’.

          • I am a 5th cousin to Jesse James, and if it was not for the government and Pinkertons, there would not be the legend…

      10. DOJ doing his part to OVERWHELM and CRASH the U.S. system. I expect the number of illegals from Guatemala will SURGE.

        July 2014 – Leaked Data (Already) Shows 10-Fold Increase In Obama’s Asylum Approvals
        http://dailycaller.com/2014/07/14/leaked-data-shows-10-fold-increase-in-obamas-asylum-approvals/#ixzz3BYWysVQe

        Justice Dept. (Quietly) Opens New Asylum Gate For Guatemalans
        “The Department of Justice’s board of immigration appeals has decided to let Guatemalan women win asylum in the United States if they claim to be victims of domestic violence.

        The decision creates a huge new INCENTIVE for Guatemalan women to cross the U.S. border, because if their asylum claim is accepted, their children get U.S. citizenship, plus the use of federal health, education and retirement programs, regardless of their initial education and work skills.”
        http://dailycaller.com/2014/08/26/justice-dept-opens-new-asylum-gate-for-guatemalans/

        375,000 Pending Immigration Cases, Obama Lawyers AWOL
        “Two top federal judges Wednesday said the nation’s immigration courts are in chaos, with the backlog of cases at an historic high of 375,000 for just 227 judges, leading to a minimum three-year delay in hearings for illegal immigrants.”

        “it can take 15 months before the first hearing for an illegal is held, and then the final court session won’t take place for three to four years.”
        http://washingtonexaminer.com/border-chaos-375000-pending-immigration-cases-obama-lawyers-awol/article/2552500

        • shooooo…..Geeze Mom, you just full of good news…..

        • Justice Dept. (Quietly) Opens New Asylum Gate For Guatemalans
          “The Department of Justice’s board of immigration appeals has decided to let Guatemalan women win asylum in the United States if they claim to be victims of domestic violence.

          Guatemalan women are some of the most beautiful in the world, so yes they can stay here!

          • Marriot Hotels are short of maids and the PTB in DC are short of domestic help. 🙁

      11. Time to start taking our cash and investing in canned food, ammo & anything else that can be bartered or keep you safe.

        King George III & parliament ignored Americans.
        Obama & congress are now ignoring Americans.

        Revolution does not cause change…Change causes Revolution

        • Heck, our County and City governments here ignore the people. We had a meeting with 360 residents and the City and County officials basically took control of the meeting and refused to make any germane discussion of the issues the citizens raised.

          In reference to the above, the similarity of bail-in to Great Depression is spooky. The banks basically just took from the people. I was told by one born in the 1918 that banks simply took people’s farms in the GD. The banks were closed to withdrawals and even if you had money in the bank would take your farm and not let you withdraw the money to pay.

          • Time to…well, you know what…

            • Sixpack,
              When I was a child and would get frustrated at the inability to master a task my father would always repeat “Practice , Practice , Practice”.
              If he were to still be alive today I’m sure he would be repeating
              ” Practice Range , Practice Range ,Practice Range. ”
              Take Care,
              — Miss Dee Dee

          • To dontbeanidiot. Heard the same account from my dear Granny who was born in 1900 and passed away in 2004 (with, btw, full mental function up until 3 weeks before her death due to a stroke). She had what we call a “Depression Era mentality”. She was a very hospitable woman with a bright and sunny disposition BUT she NEVER trusted banks. On this one point she was like a hawk. Very suspicious of their motives and actions. Early in the Great Depression, when the banks closed their doors and your money all but disappeared overnight, her parents’ ranch in Montana became jeopardized in the process. When this all became apparent she later went to the bank manager and tried to get him to apply the hard earned (she was a teacher in a one room schoolhouse) funds that were destroyed in her account and apply those figures to her parents’ mortgage. As you can guess, her proposal was met with a flat NO! These family members were from pioneer stock who had come from the difficulties in Ireland to a hard way of life ranching in Montana. Through their drive and hard work they prevailed, no thanks to the banking and governmental criminals. Anyhow, lesson learned. I have never forgotten what she had to say about this. As a final “one fingered salute” she lived long enough to draw out all the funds the government extorted from her in the form of Social Security deductions plus any that her family had paid into and didn’t live long enough to collect (she worked until she was 68 years old and would have worked longer but had to retire to care for my Grandfather in his final years). Learned a lot of wisdom from that dear lady and still miss her sorely to this day.

          • According to my parents, that’s just what happened, which is why my father ended up farming his aunt’s acreage after her husband died. It was a decent deal for both of them even though yields in the GD were very bad. My dad would never go into debt for anything and he had a good reason not to do so.

            • Vicky, I have been debt-free for my whole life. never had any kind of loan, credit card, etc. Every vehicle I ever had I bought from a private owner for cash. I can buy more preps at one time than I would’ve been able to otherwise. Being debt-free is a wonderful feeling. It gives me peace of mind knowing I can still go long, long way on prepping.

          • DONTBE, I have been there , a few years back our township decided to ignore residents concern on some land use issues .
            So , I went all Alex Jones on them with a bullhorn in a township meeting.
            They now have learned that the people WILL be heard .

            • “So , I went all Alex Jones on them with a bullhorn in a township meeting.
              They now have learned that the people WILL be heard ”
              That a boy!
              I like your style, hammerhead!

          • My grandfather told me about his time during the depression.He said though many forclosures issued the cops and private security many times were met with armed citizens and killed,they didn’t teach me that part in history class.

        • @ Ohio River

          Past the time to “start”, for folks on a “barely getting by budget”.

          But, something is better than nothing and a piece of tough jerky made from a dairy cow’s ass is better than a snowball.

          So folks better get their priorities straight, and soon.

      12. More banking news…

        FBI Said to Be Probing Whether Russia Tied to JPMorgan Hacking

        “Russian hackers attacked the U.S. financial system in mid-August, infiltrating and stealing data from JPMorgan Chase & Co. (JPM) and at least one other bank, an incident the FBI is investigating as a possible retaliation for government-sponsored sanctions, according to two people familiar with the probe.”

        http://www.bloomberg.com/news/2014-08-27/fbi-said-to-be-probing-whether-russia-tied-to-jpmorgan-hacking.html

        • Wow. Thieves attacking a thief. How poetically interesting!

      13. Matthew 6:24:

        “No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money.”

        These fraud leftists and banksters will be standing before God very, very shortly. And there is, in fact, a literal hell. I don’t know if it is literal flames or not, but it is , for certain, eternal separation from God. All for a few passing pleasures. Jim Elliot once said “He is no fool to give up that which he cannot keep to gain that which he cannot lose.” These people are frantically grasping onto that which they cannot keep to, only to lose that which makes them human… and their eternal souls. How sad

        • I was kinda hoping they got theirs, a little sooner than that…

        • It is like we are on this convergence of events – financial, middle east and rumors of war, border, natural and man-made events, cultural and moral decay, and on and on…

          We were told this was coming. Don’t think many are listening.

      14. “bail-inable long term debt” says to me, they’ll be taking long-term PAYMENTS from us, as in, MORE THAN ONCE…

        • Like BI said in an earlier post, can’t take what’s not there. most of my money is in a safe in my home [private banking]. Not much they can take from my account.

          • What’s ridiculous is that the ‘money’ they will want and take from our accounts is worthless, backed by nothing. What a joke

            • They have already taken it. Can you say QE 1,2,3….?

      15. If you need to forsee the political future of America, look no further than your neighbour up north in pinko commie Canada. Famous author George Orwell could not have foreseen that the Toronto District School Board would read the content of students’ and staff members emails, file transfers, and live chats from the social media under the disguise of preventing cyberbullying and libel of teachers, mainly female teachers.

        A parent claimed that the surveillance has infringed the privacy rights of Canadian citizens, yet the double standard is when the Toronto Star files Freedom of Information requests about questionable conduct of key TDSB management, the TDSB and Ontario College of Teachers assert their rights to privacy.

        Like a nightmare straight out of George Orwell’s 1984, the social media team of the Toronto District School Board is tracking students’ mobile phones in a few high schools in Toronto because a select number of male and female teachers are accusing the students of slandering their names over accusations of inappropriate sex conduct with under aged students.

        Critics of the TDSB portrays a state in which the government school boards monitors and controls every aspect of students and teachers lives to the extent that even having a disloyal thought or accusing management of professional misconduct will be dealt with harsh penalties. Think of the story about a former whistleblower of the Ontario College of Teachers.

        We live in a world that George Orwell predicted in 1984 all thanks to the far left communists in the government school boards of Canada. The key mottos are Freedom is Slavery, Ignorance is Strength, and accusing female teachers of having sex with her students are misogyny and hate crimes against women.

        • Wrap that rascal!Seriously,wrapping cell in tin foil completely seems to even with battery still in kill it being trackable,at least for the moment.

        • The premier of Ontario is now a fascist leftist lesbian. And the so-called Human Rights Commissions of each province are nothing more than a communist kangaroo court. Fact

      16. Getting off the subject a little bit.

        But does not the police officer with the rifle pointing
        look like ALEX JONES EVIL TWIN?

        Saying I am going to F%$KING KILL YOU

        See 8-20-14 story

        Nothing against you Alex.

      17. If the govt. can steal, why not the banks? Don’t the banks control the govt.?

        • Well, it hasn’t been said yet, so will:

          “The best way to rob a bank is to own one”.

          Source unknown.

      18. My strategy……not everyones cup of tea…

        1. Pay for everything using credit cards. Debt is unsecured. If SHTF, let them try and come get it.

        2. Get paid by physical check. No direct deposit. Banks will time their seizures to either th 15th or 30th of every month. Plus, if anything does happen, you can deposit that check into a different bank account.

        3. Have same bank as employer. This speeds up check clearing times.

        4. Deposit check between 1:00 and 2:00 pm. deposit should become available same day. plus, due the late time, crap will have already happened earlier in the morning if anything is going to happen.

        5. Pay credit cards same day. Do it online so a date certain is obtained.

        6. If you are fortunate enough to have anything left over, withdraw balance over the next few day(s). You can redeposit any amounts necessary next payday in order to cover credit card debt.

        Finally, Ive acceptedr the fact that the outrageous monthlly bank fees are just part of the base costs of living in america. It’s just like taxes.

        This strategy is he best way i can figure as to avoid getting caught up in any asset seizures. Imrealize it’s not everyone’s cup of tea though.

        • Braveheart’s strategy is CASH ONLY, so no transactions can be traced. To hell with plastic.

          • @bh,

            I absolutely get what your saying. But then I thought about it a bit more (in my situation).

            They know how big my house is….so they know how much oil i should use (also have wood).
            They know how much electricity i use.
            They know how much water I use.
            They have a good idea how much it costs to feed the family.
            They know how much my mortgage is.

            Bottom line, they already know the minimum I have to make to cover my expenses. Putting that stuff on the cards doesnt break opsec. It however, forces them to keep this entire mess afloat cause if shit does hit the fan, they aint getting their cash.

        • I thought of the same thing, that is to rack up huge credit card debt, then tell the bank to go stick their head up obama’s butt. However, the problem we face is the uncertainty of “when” the collapse will happen. I know everyone senses “soon”, but you just never know.

          The collapse of Rome took almost 200 years. It could be awhile……

        • Why “pay” the credit cards…

      19. What is happening now needs to be seen in a “BIG PICTURE” view: “They”(the powers that be) are breaking YOUR TRUST that you have had, in the government. You have lost your trust in the Federal Gov’t, you are loosing your trust in local gov’t with all the excessive force that the police are using on you, soon you will not be able to trust that your $$ is safe in a bank. America is the only place on Earth where THE PEOPLE ARE IN CHARGE OF THE GOVERNMENT!!! But it hasn’t been that way for many years. Now, “They” are going to break the USA to its foundations & rebuild with a NEW WORLD ORDER. You are supposed to run from the old & embrace the NWO….like you Democrat BASTARDS did when you voted for OBAMA…TWICE!!!!

        I am just 1 man. What can I possibly do to stop the coming storm?? Really, nothing. Yet when EVIL comes to my doorstep, EVIL will perish!! Then I will hunt EVIL down & do my best(worst)to drive it from my ‘hood. I would hope that by then, others would be doing the same.

        Remember, if we are fighting a spiritual battle, then, Praise the Lord & pass the ammo!!!

      20. So the thieves could grab up to as much as 20%? That would be exactly $2.75 from my account. Glad I could help out with the bail-in. LOL

      21. I agreed to pay fees to keep my money in your bank. I do not agree that it is OK for your bank to seize my assets because of your need to raise capital. If you need to borrow money from me, we will discuss the interest rate and the terms of the loan. Any attempt by the bank to tell me that you own my money and you are allowed to confiscate it will result in a piece of hot lead in your butt. I am sure that you went to great lengths to manipulate the system, but I did not agree to those terms. I will agree to stand trial by a jury of my peers and not yours. It is time the honest citizens of this world took back their country, and this seems to be a good place to start.

        i

      22. GREECE LIGHTENING…

        Live or be poor and Die
        Talon1776

        • Live Free or be poor and Die

      23. Recapitalization?? is that what they are calling THEFT AND ROBBERY NOW???
        So when someone walks into a bank and robs it.. they aren’t robbing it, they are RECAPITALIZING THEMSELVES!!

      24. This will all be done in the wee hours of the morning or on a Saturday evening through Sunday. There’ll be no need to rush to the bank to get what you can. You’ll see a Dear John letter on the front bank door/ATM with a quote from P.T. Barnum in it.

      25. I have a hard time believing this will happen anytime soon. It may be in the cards for the future but not yet. The level of distrust of the banks and government at this time are pretty high even for the unaware sheeple.
        If the banks were to do this it would be the end of the economy IMHO. The people that have enough that the banks could somehow justify taking a haircut from would pull their money and the banks would still collapse from the loss of ground floor capitol.
        It wouldn’t take the “serfs” long to figure out that even though they can’t get a lot of cash out they can still open a credit union account and do a wire transfer of everything they have left the same day.
        This is how I got out of BOA. I tried to withdraw my full account and got the run around about why I needed my own money and the whole it will take a certain amount of time to make it happen. I went and opened an account with a credit union the same day I left the bank branch and did a wire transfer 5 minutes after opening the account. I had my money out by close of business the same day.
        If they try this now they won’t survive the backlash and will take most of the economy down with them. That could be the ultimate plan or that could be the extreme short-sightedness of the common average everyday banker today. Never can tell with TPTB, and that includes the bankers unfortunately. Unlike the people of Cypress, the people of the U.S. of A still have other options than the big banks.

        • PB,

          You seem sure about this, however I have no such confidence that this won’t occur soon!

          The cards have been very carefully dealt with a slight of the hand. It already occurred in Cypress and the bankers got away with it!

          The test run already occurred.

          • Big difference between Cyprus and the USA. Cyprus doesn’t have a Second Amendment and citizens are required to be licensed to own a firearm. Citizens in Cyprus are permitted to own hand guns only with “special authorization”. Citizens in Cyprus are permitted to own semi automatic rifles only with “special authorization”. (Guess how often that happens). Cyprus military owns roughly three times the number of firearms as does the population and they are allowed fully automatic weapons in addition to semi auto handguns. The bulk of the firearm ownership by citizens in Cyprus is double barreled shotguns. It is estimated that 1/3 of the citizens of Cyprus own a firearm.

            The facts above are the primary reason that Cyprus was chosen to implement the bail in experiment in the EU.

            (Well that and that the EU wanted to confiscate some Russian gangster money deposited in the Cyprus banking system. Rumor has it that Cyprus bankers, with guns to their heads, escorted the Russian gangster money to airplanes that immediately to off to parts unknown over the weekend before the bail in took effect.)

      26. FreeSlave: There is NO end game by the federal government. They’ll just TRY to control as much of the rioting and chaos as they can and literally hope for the best. Riots don’t go on forever as we all know. They “peter out” at some point when people are exhausted and have absolutely no hope left.

      27. “Printing” paper money has run its course. What happened to the Fort Knox Gold?? Planned “crisis’s” are instrumented by whom?

      28. Seize and re-distribute all Congressional pensions…starting at a White House. What happened to Fort Knox Gold?

      29. If someone that get’s their self into a financial bind walks into a bank and demands the bank’s money so they can recapitalize their self it’s a federal crime, a felony. When the banks do it it’s not. The only difference is the degree of scale.

        You can sheer a sheep many times but you can only skin it once.

        If the banks were to attempt a bail in, I’m sure I would be in good company with others that feel as though they’ve been skinned. The banks will never get a second chance to take my skin. For ever I will not see them as a necessary evil but as a felon that I will not let into my life.

        I may have to look up itchy crotch (eisencrutz) and ask about bit coins.

        • I think bit coins might end up being the one world currency..caveat emptor

          • T1776
            I almost always agree with you, but not on this one. Any time all you money is 0 and 1’s on a computer there is a better chance it will get robbed from more than the guberment! One big EMT your screwed, a hacker get into the computer. Russia China the Us, are always hacking these things. Only money in hand is money you have. Show me where I’m wrong an I might just change my mind!
            A.S.M.S.
            Sgt.

            • Sgt…the way I understand bit coin..is that it is valued on all the current world currencies and a number is arrived at, at a fixed time of day to set its daily value. If TPTB are price fixing currencies.,then that value can be anything they want it to be. So if an EMP does occur..then the value for that event will be whatever these guy’s say it is..kinda like China and the way they manipulate their currency…If BitCoin does become the worlds currency…it might end up being worthless…but I don’t know…I do know that it is the only form of currency that has no sovereign ties…be well Sgt Dale.

              • To your point that only money in hand is money you have..you just have to look at 1933 Germany and what happened there…

        • They got away with it during the great depression and look at us now!

      30. I only have enough money in the bank to pay bills for 2 months. The rest I have in the Bank of Sgt. Dale.

        Silver, Brass and Lead. Also in food and all the stuff we will need when this happens.

        If I had a lot of money in the bank, and this happened. I would politely try and get it out, and if they told me NO. Some time during the night there would be a lighting strike to the build causing a major fire and when the sun came up there would only be a hole in the ground. Just saying, but I don’t have a lot of money in the bank.
        Aim Small Miss Small
        Sgt.

        • The best way to hurt them is to have some disposable income handy. At some point they will have to offer a high interest rate to get depositors back. Put your risk money in there early and take advantage of their desperate needs. Just do all your real financial transactions outside of their system.

          When Jimmy Carter was president interest rates were high, you could buy a 15 year bond that paid a 15% interest rate. It was risky but those that did buy made a ton of money.

          The rule of 72 states basically that you take 72 and divide it by the interest you are earning and that’s how many years it take to double your investment. So a 10K investment turned into 80k at the end of 15 years.

          In 5 years you went from 10K to 20K
          the next 5 years you went from 20K to 40K
          the last five years you went from 40K to 80K

          Have some cash ready, if Obama is as good a Jimmy Carter there’s a retirement investment opportunity coming into play within the next couple of years.

          • and bacon went from $2.79 to $7 a pound.
            Any questions.

            • and gold went from 800 and oz to 200 an oz.

              • I meant to say “And gold went from 800 an oz to 200 an oz during that 15 year period.”

          • BINGO ! Rick wins the prize!
            Just wait for Yellen to announce rising interest rate.
            It will happen ,it has to happen, but when ?

            The downside is your still risking any investment money you have in “their” system.
            Are you ready to do that ?

      31. I don’t know how anyone can trust their money in a bank after the first Depression, Cyprus, bail-ins, bail-outs, bank holidays, bank run scares, glitches, and banks and government always wanting to reach in and take from you. If the lights go out, people won’t be able to get their money out either if it’s in 1s and 0s. I only keep enough in to pay the bills and keep the bank happy. Most of my money is outside the bank or in gold and silver. I might try to get as much as I can out if there’s an emergency. If the violence spreads to my front door, I likely won’t even be home to answer the door. At least that’s the plan.

      32. “Now is the time to be ready. The government is. You should be too.”

        Best takeaway lines from the whole article.

        The Petro Dollar draws ever closer to extinction. Good riddance, as far as I’m concerned!

        The Nail In The Petrodollar Coffin: Gazprom Begins Accepting Payment For Oil In Ruble, Yuan
        (from ZeroHedge site)

        According to Russia’s RIA Novosti, citing business daily Kommersant, Gazprom Neft has agreed to export 80,000 tons of oil from Novoportovskoye field in the Arctic; it will accept payment in rubles, and will also deliver oil via the Eastern Siberia-Pacific Ocean pipeline (ESPO), accepting payment in Chinese yuan for the transfers. Meaning Russia will export energy to either Europe or China, and receive payment in either Rubles or Yuan, in effect making the two currencies equivalent as far as the Eurasian axis is concerned, but most importantly, transact completely away from the US dollar thus, finally putin'(sic) in action the move for a Petrodollar-free world.

      33. As soon as Obama took office…
        I moved all my money into silver and gold.

        Just a smooth talking black man who will grin at you with those big teeth.
        He never ran a business or made payroll.

        Just another dem/commie wanting to steal what you have.
        How is he any different from a brother from the ghetto breaking
        into my home and stealing from my child.

        Good luck finding my shit.
        It’s hid well.

      34. How stupid are these people? Do they not realize there are armed citizens out here? We’re not Greeks!

      35. In other news today, in case you missed it, Belgium is now being renamed “Islamic Republic of Belgistan” Forget the Flems vs. Walloons in Belgium. A 5 min vid from CBN News is at http://www.cbn.com/tv/embedplayer.aspx?bcid=1509282970001 ~ 5 min. Most common name in Brussels is now ”Mohammed” (which is the same in England now, if you take into account the spelling variants)

        Just curious what the atheist radical feminists and radical gays will be doing when the fascist Sharia Nazis take over?

        • Perhaps they will see the light of effective self defense!

      36. Lol “Are you prepared to defend yourself if the violence spreads to your front door?”

        I look forward to it…..

      37. I don’t have a good feeling as to where this country is headed. It is all based on lies. No cohesion or consensus. No conscience for that matter. Our nation is Bi-Polar on any subject which produces stalemate, then resentment that never fades from sight. The chances are high that if the banks did confiscate 10 to 20% of our savings and investments, the people would take it up the “six” for the good of the nation and pat each other on the back for doing so.
        In any event.

        Will more lives be saved by not telling the truth or from withholding the truth from the people?

        Question is, who will determine the body count?

        • Meant to say, telling the truth.

          • Hmmmm… I too ponder on your point. Maybe that’s why Washington warned us of foreign entanglements

      38. Let’s think this thing out, okay? First of all, those of us that get money placed in a bank account, we have a choice, IF OBOZO TAKES THE MONEY OUT OF OUR ACCOUNT WITHOUT AUTHORIZATION, we don’t pay our bills, showing our creditors proof that funds WERE THERE, but for the fact that OBOZO took the funds illegally. So, your creditors can’t really do much about it.

        Another option is to have funds available to pay your bills. (That won’t be easy).

        The third option, is to purchase, as I did today, a couple thousand hollow-pointed, lead-oriented parts for a polymer receptor I have, to have available when there is a knock at the door…..

      39. I think if the banks took $10.00 from everybody with deposits there would be a massive whiplash response. The amount is not even the issue, but the action itself.

        It happened in Cyprus. The takers outnumber the makers. The makers, we know we can make more, but the takers? All out riots and mayhem.

        I think I read one of the best analogies ever on this site, sorry I can’t give direct credit, probably eppe.

        The Democrat and The Republican:

        The Democrat sees the world like a big pie. If someone else gets a bigger slice, then that is less for them and everybody else.

        A Republican sees the world as a Pie Bakery, and there is enough for everybody to have their own pie, but you have to make your own pie.

        The end.

        It was something to that effect anyway…

      40. When the govt(banks)confiscate our funds who will pay our bills,gas,food whatever? I’m ready but sooner or later even the preps run out. Since I won’t be able to buy gas the bank can have the car I’m making payments on. The other car and house is debt free. nothing to pay water,heating and electric with. Mmmmmmm…well I’m almost ready.

      41. man dies because a u.s. marine with obvious combat ptsd issues who can’t tell a walmart toy store fake bb gun from the real thing in wallyworld, called the cops reporting a man with a gun at wallyworld.

        * just how dumb are now zog zio-jew israehell gestapo trained u.s. marines and cops?

        * ever hear of a armed weapons drawn patrol challenge? it’s what we were once trained to do prior to 9/11 in the military and police.

        c

      42. RIP you Democratic Party….

        Late 2010 Communist Party of the USA member C.J. Atkins called for his comrades to drop their “communist” label, so that they could work more effectively inside the Democrat Party.

        Soon thereafter Joe Sims, co-editor of the CPUSA publication Peoples World, acknowledged not only the collabration with the Democrats “will be an area of engagement for those wanting to make a difference, “but also that the Communists someday ‘capture’ the Democratic Party entirely.

        Sims warned, however, against disolving the CPUSA into the Democratic Party. Rather he advised his organization to remain a seperate entity, working both inside and outside the Democratic Party as circumstances required.

        _________________________

        Proof positive they have done an excellent job. Our unofficial president V. Jarrett is a prime example. Not to say the Republicans have not been infiltrated also. Pelosi, Boxer, etc., etc.

        Should have listened to Joe McCarthy. Americans aren’t very interested in listening to truth; and it gets worse daily.

      43. The Next Fifty Years Of Race And Culture In America

        What will the USA and the rest of our world look like in another 50 years? I have a few predictions.

        1. Enhanced Racial Tensions in the USA

        2. Increased Religiosity and Conservatism

        3. The Recovery of American Industry

        4. The Marginalization of Fat Acceptance

        5. A Stagnant China

        * i predict a illuminati nwo zog planned controlled global war so countries around the globe can kill off a few million favorite sons and daughters, stimulate their war economies.

        c

        • What really happened to M. Brown? Go down to the comments on that video and you will see he had already started a rap sheet, especially for being such a “good” boy.

          Now I am not certain what happened to Brown; but one thing I am certain of, if that grand jury sides with the cop, “you ain’t seen nothing yet”.

          The scumbags we saw rioting and looting now have a few months before the verdict comes in to plan what they will tear down, and it probably will not be limitrd to Ferguson.

          I think people in large cities had better get an early staet on preperations…….

          Wonder if the feds can come up with some magic bullets like they did in the Kennedy investigation? You know, the kind that circles the body as a guy is running away and hits him in the front…..

          Anything is possible this day and age.

      44. The proverbial ‘writing is on the wall’ for the old usa.

      45. “[N]either the wisest constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt.”

        –Samuel Adams, essay in The Public Advertiser, 1749

      46. Question…

        In Cyprus, they took a percentage of deposits over a certain amount. If they do that here, what would be a min. amount of deposit to take a percentage from?

        My reason for asking…

        If they will take a percentage (10-20%) of deposits over say, $10,000, would it really effect those that might riot? We know that the savings rate in America is low and a big percentage of the population have nothing really saved. Those that do have deposits that would be “raided,” would they really riot? Or would they pick up the phone and/or email their senators and curse their banks?

        I hope my question makes sense.

        Of course, we are going to have those that look for ANY excuse to riot and loot no matter what.

        Anyway, what do you think? I would be interested in reading your ideas.

        Todd

        • I think you might see normal folks begin to riot at this act. Except we will not be burning down our own infrastructure per say, but the banks, the courthouses, the congress…

          You see all those things do not function anymore, so there is nothing to lose, simply removing the old to make way for the new.

          The real question is, what is the new? Will we rebuild and again be prosperous, or will we devolve into factions… likely religious and/or political factions, and repeat the process? Again, and again, and again.

          History refuses to be ignore, thus we get to relearn it over, and over, and over.

          Human nature, free will. God gives the gifts, we decide how to use them.

        • What they’ll do first is replace your IRA and 401k accounts with a “government backed annuity”. On the face it you lose no immediate value, but of course there’s no real wealth backing that annuity, so when you do retire you find that it’s worthless.

          Why retirement accounts? Because you can’t strip them bare to prevent the confiscation, that’s why.

          No joke – this as actually been proposed in Congress every year since about 2006 by some whackjob congresswoman from southern Kailfornia somewhere.

        • I was thinking of this earlier. Wouldn’t surprise me if they purposefully left out the poor and make it into a “Great Service that those that have (the producers) are “giving” to help our country through such a difficult time.” or some BS. Those on gov assistance would be all for this; it is already many of their mindset anyway. So they will support the Corp. see where this could go?

          But, this type of action is just a precursor to greater future theft.

      47. “banks will turn directly to their unsecured creditors when they need money” – be sure to not have unsecured funds in any bank. That be anything ove $25K

        • Pass,along with the losses piling up will be the bodies piling up,not happy about that or looking forward to it,just inevitable.

      48. There aren’t 8000 counties in the US…

      49. BECOME YOUR OWN BANK

        only a goyim gentile sucker uses a zio-jew owned usury THIEVIN’ bank.

        don’t be a goyim gentile sucker for vampire zio-jews usury THIEVERY, become your own bank!

        BECOME YOUR OWN BANK!

        c

      50. Those bankers better have body guards when the people come after them.

      51. On a side note,would say if you are a bank employee and this happens immediately look for a new job.You stay on you are then part of the problem and feel many will not look kindly on you,you stay on you are now in agreement/participating with this next form of theft.

      52. Half amile of comments by the secular motivated of this world HA your time is not just coming but is here right now, there is no turning back there is no matrix fools there is a living GOD and typically you choose to ignore . Ezekiel.

      53. The powers that be have already confiscated your savings through inflation. $3.80 cents for chopped meat. Gasoline at $4.00 a gallon. Bank deposits giving .01 percent. The BO healthcare tax and a multitude of taxes and fees that go on forever. Historians give the real reason for the fall of the Roman Empire was corruption and heavy taxation. This caused much of the populace to welcome the invaders just so they could be unburdened by the bloated and decaying Empire. Could a similar fate be in the cards for the U.S. time will tell?

      54. Well – the Federal government has been scamming your money since SS was put into place. They take in your money and use at the value of todays dollars but pay it back to you (maybe)- at a value in the future that is worth significantly less. If folks that put a lot of money into SS when silver was circulated as real money and had there SS checks paid now in hard silver coins . . . I bet grandma would be headed to Vegas instead of Dollar General. The melt value of a silver quarter today is $3.53, still about = to a gallon of gas.

        Banks just want to scam what is left.

        DOL – we are the oppressed

      55. Since this policy of “bail-ins” presumably applies only to “systemically important banks”, would your deposit be unaffected by this if it were in a Credit Union or a smaller local bank?

        • Perhaps for at most an hour,as people rushed to all banks/credit unions/safe deposit boxes(there is a oxymoron) to clear accounts would expect a immediate bank holiday,for how long?…….

      56. The banksters ought take a second look at this “solution” as they may have to take refuge in a bunker afterwards.

      57. We decided awhile ago, to become our own “bank”. WE also have been storing food and other commodities with which to trade and survive and thrive on. Since we are hardcore believers and supporters of the US Constitution, we also bolster our support for freedom by making sure that ALL of our purchases of supplies relating to the second amendment, are in cash. No exceptions. We now try to pay cash for everything even when we travel, yes, it’s a pain in the butt, but it allows us a bit lower profile and locatability should certain elements in society want to continue their political predation with physical predation.As much as you can, become your own bank, have “supplies” on hand for your needs, get it back from the grocery store, or wherever you can withdraw some from your accounts, you will appreciate this later. I believe the article is spot-on with what is coming soon. How soon? I have no idea, but I do believe that the Obamafurher and his pals would love to stay in charge indefinitely as in Idi-Obama-President-for-Life.

      58. That alone wwas an egregious oversight on thheir own part, since agegefdebcee

      59. My brother recommended I might like this website. He was totally right. This post truly made my day. You cann’t imagine simply how much time I had spent for this info! Thanks! gbdbcfgbffde

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