After reading the excellent post on how the Bank con exposed on MSNBC!
, I suddenly
realized that with the publication of that 'NEWS' item - which IMHO even though exposes the truth as it is, inevitably will be creating a panic and
ultimately a run on the Banks... Monday might be too late to try to get some cash, as I envisioned yesterday, that there would be a run by the masses
on banks inevitably due to the fear mongering that that MSNBC article undoubtedly will cause amongst the sheeple, and the congregation of ignorance.
this in turn will lock other people's money in place, placing it beyond reach, and thus suffer an unstoppable loss.
Today was the day to withdraw, I told myself. So I went to my regular U.S. Bank and explained to them my request. The branch manager then took my
request and then started in on how great and insoveable U.S. BanCorp was, and yada yada, and how great his trust in it's CEO was yoda yoda and sought
to give me every reason why I should keep my money in the bank, where it's safe. Needless to say, I strongly asserted that I wished for cash and not
That's when he informed me that they didn't have the cash on hand currently because for some odd reason, as they put it, people have been requesting
large amounts of money, and they were Whiped out cash wise, and had more on order.
Was I literally WOWED.... and I told him "you see, you already have been having a run occur on this bank, you just admitted that within the last two
days you've experienced an increase in monetary withdrawals! Well," he said," that's because the district manager would be fined five hundred
dollars for having in his possession within the bank an excess in cash that has been told should be elsewhere to invest.
Then he goes on about how all accounts are FDIC insured and I had no need to worry myself over fear mongering . I then told him, that while that may
be true, but if, and most likely when, what assurances did his most revered CEO have in liu of a failed American dollar if it suddenly collapses?
He couldn't give me a straight answer at that point. I then just told him about that MSNBC video, which he told me he didn't know about. etc etc
(what a load of crap).
Upon continuing the conversation this man could find no flaws in my reasoning, after I put it to him that ultimatly, as an individual who has already
been exposed to the diabolical system as it exists, if America were to lose it's economy tonight , what assets of value could he possibly utilize as
a form of bartered payment would U.S. Bank provide as a form of tangible value against the money I had in it under their trust ?
He then relayed to me about how stable U.S. Bank is, and about his trust and confidence in its CEO, which - as a matter of fact, "even the FDIC has
approached us for loans to offset thier debts, that's how solid U.S. Bank is."
I just stared at him with my mouth open, and asked him if he realised what he just told me. Then without missing a beat I told him," you just relayed
to my attention the fact that the FDIC is now so insolvant that they'e now asking private business for loans. Your precious FDIC doesn't have the
cash needed to fullfill the obligations they made claim to as an insurer, and how could he in two breaths say one thing about it and then practically
assure me of something that in reality no longer has any form of power or position to insure, to argue for the keeping of my money in his bank?
He couldn't at that point answer that question, almost like he never thought of it that way....
I then bid him good day, and went to another U.S. Bank, who interestingly ... LIKE THE OTHER U.S. BANK iD JUST COME FROM, HAD AN INFLUX OF CASH
DEMANDS AS WELL, AND DIDN'T HAVE THE CASH NEEDED TO COMPLETE MY REQUEST...
2 U.S. Banks, with no money.
I went to a third U.S. bank, where I discovered they did have the physical assets of cash on hand. My request finally was going to be processed. As I
stood there waiting for them to formulate the transaction, in cash, a man walked up to the window next to me, and excitedly wondered if they could
allow him to withdraw around 7 to 8 thousand from his account...
The Manager, a lady, then revealed to him THAT THEY DIDN'T HAVE ENOUGH CASH ASSETS ON HAND TO FULLFILL HIS REQUEST.... He immediately left.
As I went about physically counting the money, the phone at the manager's office rang, the manager anwered and then asked "how much are we talking
about here?", "15,000? No, I'm afraid we don't have that much on hand currently...."
I picked up my envelope and walked away from that bank, realising that my meager transaction whiped them out - 3 BANKS... NO CASH ASSETS!
It's my experienced summation folks, that a run on remaining American Banks is in progress. I ran to the bank, and succeeded, but barely - 5 minutes
later that guy that came in would have ggotten the money, instead of me.
I can only speculate what Monday is going to bring.... Thank God I got there when I did.