posted on Sep, 25 2008 @ 02:14 AM
I just wanted to share this week's bank experience with you, as I attempted to withdraw a portion of my cash from a few banks. Although I have kept
each account below the maximum insurable amount by the FDIC, the current financial picture tells me the FDIC may not cover anyway. And even if it
covered all, you would get your money back, BUT LATER. Later? Imagine not being able to have access to your cash until later. What is later?
First, if you want to be looked upon as a criminal, try going to your bank and presenting a withdrawal slip with a large amount written on it. It’s
funny just seeing the teller’s face, as if the gates of hell had just opened or the prophecies, all of a sudden, became a reality. At two of the
banks, the initial reaction from the tellers was one of extreme surprise. The first bank (a large one) coincidentally had the branch manager as a
teller that day (I wonder why?). Her first question after seeing my withdrawal slip was: "Would you like a cashier’s check for that?" To which I
replied: "No, I would like cash". To which she replied: "I don't know that we have that much". I then told her that I was withdrawing 50% of my
funds, but I would consider withdrawing all of it if I didn't get my money today, being that it was a large bank.
The second bank was a smaller regional bank. This one really scared the teller. She said the branch didn't have that much on hand and she even
brought a newspaper advertisement detailing how solid the bank was. I then responded: "If you are so solid, how come I can't get 50% of my cash?".
That made her even more nervous. Again, I was only taking 50% out. I could only withdraw a smaller portion and she promised to have the rest by
Friday. Being that this one was a smaller bank, I decided not to escalate her physical appearance from seizure to stroke. I will be back on Friday,
The third bank was another major bank. I called this branch before getting there and spoke directly to the manager. Surprisingly, the manager was
very understanding and would accommodate my request without a problem – no questions asked. She said a lot of people were doing the same. I
expected more B.S, but surprisingly her candor impressed me. The MSM has this very quiet, don’t you think? It did cross my mind the fact that the
interest I get is .025% per year while they're using my money to lend it 10 times at 18%+. What a deal for them, right? It did feel good to "stick
it to the big guy" a bit.
I would prefer people didn't do this, since bank runs would be the worst that could happen to the financial industry. It would be the proverbial
"straw that will break the camel's back." I know, this may be meaningless, since the dollar may be on its way to a downward spiral, so whether
inside a mattress or a bank vault, it’s all the same. The issue to me was AVAILABILITY OF FUNDS. I know, it sounds rather hypocritical of me to
say I would rather you didn’t take money out. However, when you have a family and children, lucidity and a collected demeanor turns into a bit of
healthy paranoia these days.
I don't trust the current administration and I have been warning my family that something would happen before the election and postponement would
occur. This, after voting for Bush twice and awakening in 2005. It's funny how you apply the saying "First they laugh at you; then they listen;
then you laugh." My family and friends, for the first time, are now approaching me to have conversations about the upcoming government plans when,
until recently they labeled me as a conspiracy theorist. Yes, a MBA graduate with plenty of financial experience on his back; businesses, a family,
etc. Not the typical new age looking person spewing nonsense.
Yes, I'm the typical small business owner who has always paid on time and has the traditional family. I've always had a positive outlook. However,
I now fear for my child and my wife and we have even postponed having a second child until the overall picture improves. I feel selfish by preventing
my child from having a little companion, but what’s worse? Am I being selfish by not wanting to bring a child to this NEW WORLD (NWO, you get my
drift). I fear for my child, and I also feel for yours. I fear that come October 5, we will wake up in the morning and realize our country as we
know it is no longer. The elections will be postponed. Look, McCain proposed postponing his campaign. It's getting clearer and clearer. I have a
source who tells me Biden will step down and Clinton will fill the VP spot. Keep filling the blanks. Reagan almost assassinated by the son of one of
G.W. Bush's best friends. Obama next? I don't even want to think about this but can't block the sun with my hand.
It’s funny how we hardly know our neighbors but when there’s a disaster, whether the lights went out, hurricane, flood, etc., we all come out and
a sense of brotherhood/camaraderie surfaces. Well, I feel that right now toward my fellow Americans.
One last thing and I’ll let you go. I was a financial analyst in my previous career and investigated/audited/rated Fortune 500 firms. Take a look
at AIG's subsidiaries and you will find two common denominators. Many of these subsidiaries have the name AIG BAKER or AIG CHELSEA. Baker, as in
James Baker, attorney for the Bush family, former Secretary of State. And Chelsea? Do I need to expand?
Sorry for the long rant and thank you for reading this far. I am really curious as to how my fellow Americans are handling this and what you are
planning to do when excrement finally hits the fan.
Peace to All!
SIGNATURE: I would rather have a mind opened by wonder than one closed by belief.
[edit on 25-9-2008 by manticore]