Europe: Bankrun on 7th December 2010

Originally posted by oozyism
reply to post by schuyler

 

The agreement is BS, they are using our money to make more money, yes treating us like little kids, giving us 1-2% per year.

That is BS.

And yes they do charge us 20-30 % per month, not per year.

This is how banks have always worked.

You don't like it, don't use them.

Good luck trying to do anything financially without a bank.

Personally, my holdings are all in silver at this time, I pulled out of the stock market months ago.

Someone should start a bankrun thread with info for the banks in france, there stock info, and anything related to this so we can watch and see if this is having any affect before we speculate anymore

reply to post by GalenMarek


This date is a memorable asset as to why things are the way they are in the US. Europe is going to give us another history lesson. We in America get to see what happens when you take a firm stand.

This beloved internet certainly has given power to a collective society that is really fed up with special interest rich power trying to hold on to what they have at our common peril.

We owe it to our grandchildren to make sure that this invention of ours survives long enough to save us all.

Originally posted by markfelt

If 10% of Americans walked into their banks and emptied their accounts over a three month period, you'd see pandemonium on a scale not available other than via a Hollywood script.

This is 100% correct. The banks do not have enough cash to cover this situation.

Ain't that the truth.

There is about $829 billion dollars of U.S. currency in circulation; the majority is held outside the United States.

..and..

To meet the demands of their customers, banks get cash from Federal Reserve Banks. Most medium- and large-sized banks maintain reserve accounts at one of the 12 regional Federal Reserve Banks, and they pay for the cash they get from the Fed by having those accounts debited. Some smaller banks maintain their required reserves at larger, "correspondent," banks. The smaller banks get cash through the correspondent banks, which charge a fee for the service. The larger banks get currency from the Fed and pass it on to the smaller banks.

..and..

Extended custodial inventory sites in several continents promote the use of U.S. currency internationally, improve the collection of information on currency flows, and help local banks meet the public's demand for U.S. currency.

..according to the Federal Reserve of NY

It wouldn't take much to cripple the system, and since a chunk of money is in other continents, it would be subject to a 'monetary margin call' to cover the demand. It would create a multifaceted vacuum while altering the value of the USD. When smaller banks buckle, they are either shut down or absorbed (small/medium banks 'merging' into the larger bank). They take the assets/revenues and dump the toxic asset/debt back on Fannie & Freddie (Feds). Global banks have taken a puddle of dark liquidity and turned it into an ocean of dark liquidity (the banker version of dumpster diving).

reply to post by Heyyo_yoyo


Setting the mason aspect aside (my dad left the masons for falling behind the rest of society, in that Prince Hall Masons were not universally accepted, so I have a hard time believing he'd have crossed his family for them), I'd say let them try to exterminate us and enslave the rest. Let an international incident develop over failure to pay debts. Everyone has a plan until they get hit. If they got hit the plan would fall apart. And if they went for an end game like that, they'd get hit from all sides.

An well informed individual said it quite truthfully and I quote:

What is right and wrong DOES matter in life:
All the money in existence in our monetary systems has been borrowed at interest from a bank. When all currency in the system is borrowed at interest, there
is NO MATHEMATICAL WAY to pay one penny of interest without pushing some people off the table via cancellation of their obligations to pay principal
through bankruptcy, or through the kind of cancellation programs offered.
Reform must come from the side of dissatisfied customers, because the lenders have NO motivation to move away from their current position of power and influence. If people who favour the customer over the lender are able to use the law to
stimulate change, any imbalance created by giving people their real estate for free will best correct itself through a change in banking laws and practice, NOT
through perpetuation of the present system of GRAND THEFT of the entire wealth of society by the banking cartels.
Under the present system, someone HAS to get something for NOTHING. There is no other way.
Either the bankers continue to get interest payments for NOTHING at risk, or customers get free real estate after "borrowing" money that was created out
of NOTHING and having the "loan" either canceled for fraud, or discharged in bankruptcy, or the lender gets the real estate from the customer for NOTHING,
following a foreclosure on the loan that was created out of NOTHING.
The answer is to stop basing bank lending on NOTHING.

Jackie G Free-man-on-the-Land, Non-consenting and ungoverned
All Rights Reserved, Exercised at Will and Fully Defended, By the Grace of God, The Rule of Law and the Law of the Land.
end quote.
truth well spoken by JG.
France and others action on dec7th maybe well be the first baby steps needed and the journey to the Right path may go back a few steps, but ever forward the will of the people must step. Vive la France

reply to post by babybunnies


I have Zero dollars in banks.

If I want to put money somewhere, I don't need banks to do it for me, and rob me in the process, I'm smart enough to invest on someone close to me, if they have a great idea.

I would rather give my money to someone close to me, my neighbors, maybe my relative, maybe my brothers or sisters than some hot shot whose only plan is to use my money to rape my fellow country men, and rob them, trick them, and use it to manipulate the government and find loopholes to rob the people even more.

I'm curious, i am not a banker or a wiz in such areas, but im good at math. So, i wonder what would happen if over three fourths of the population took their money out of the banks for one year. I know this would never happen even in a depression, but hear me out. I wonder. I would like to hear theorys. peace.

reply to post by nite owl


If people act smart with their money, and actually invest them then it will be good, nothing bad will happen.

Only the elite will be effected, not the people.

Here is just 'another' reason to invest in precious metals.....

Not a 'word' in the mass media?
.....though I believe the flokes are catching on.

I did this two years ago. I bought a fireproof safe for home and cashed out everything I had, including my 401K.

The only safe place for your money is at home. If you have your money in a bank, all you have are some numbers on some piece of paper that you hope they will honor when you want it. Ask Bernie Madoff's clients how that "piece of paper" thing worked out for them. Try taking that piece of paper to the store to buy something.

Banks are a giant ponzi scheme. Take your money out while you can.

Last ones out lose it all.

The government does not work for us. They work for the banks and big business.

The only way to get their attention is to use the only legal weapon we have that they can do nothing about.

Our money is our ONLY weapon.

USE IT!

Originally posted by patent98310
reply to post by oozyism

 

My thoughts exactly. What we need is a world-wide bank run. They have no power without our money.

Well..... all the government of any country would have to do to get your money is to declare all the money presently in circulation worthless and ask people to visit their friendly banker to exchange it for new ones, fives, tens, twenty's, fifty's, hundred's etc. You wouldn't be able to use the present currency as legal tender to purchase the necessities of life such as xboxes, porn, admission to NASCAR races, liquor oh and food, gas, etc.

Sure your local bookie or crack dealer would still accept the present currency but eventually they would have to give in as more and more new currency came out.

Btw, the reason for the new currency would be that the bills would contain GPS like identifiers/chips that would tell TPTB where you are, in which pocket the money was in, what time you left the brothel and what service you purchased. They could track it in real-time, watching money move up the street, across state lines, around the country like radar blips on a screen. Actually it's done now when you use your credit card, or when you give the Safeway cashier your club card the TPTB can figure out when you're going to have that massive heart attack from how much fried chicken you buy every second day!.....

reply to post by TheDeader


Wow this is crazy!!

reply to post by Common Scarecrow


The IRA is an IR$ creation whereby this account may be seized or frozen in the course of a run on a bank or other depository institution. The CEO of TDAmeritrade refused to speak to my concerns over his involvement with the Rockefeller/JPMorgan funded/organized Bilderberg group. Since the TDAmeritrade CEO was/is? a member as of recent, one should assume he is line with the feds for freezing all IRA, pensions and other 'digital' investment mediums when the financial infrastructures of nations collapse due to the world fiat currency fiascUs.

Here is more for those.....with something left to invest wIth.....

reply to post by The Vagabond


Yeah, I understand the reasoning and the gesutre - I for one wish it indeed were just a 'Free Mason' vs. 'royalty' gig, like has been mentioned.

Free Masons get thier Knighthoods, thier heraldry, thier entitlements, and thier commands from the Free Masons at the top... who interestingly also happen to be Rulers of Countries, Rulers of Religions, Rulers over Corporations, so the smoke screen isn't blinding anyone over this way.

Free Masons believe that they are doing God's Work, and believe that mankind will save himself... and thus they believe that they are the bastion of life for mankind, the protector overlords of us all, because they assure us that they have an agenda for the betterment of mankind.

I'm sure that some here would have a problem with genocidal agendas like eugenics (who are you to kill me or mine because you say I'm a genetic error or flaw? Here, allow me to show you just how FLAWED your belief truly is...), assistance from the overlords at a price, while it itself was given to them freely, Bowing down to perverse demands because an oath bound you to do so...

I'm sure that others who are like in mind regarding Free Will would choose to do things different than Mr. "I AM THE LIGHT AND THE LAW, AND AM WHAT'S BEST FOR YOU" Free Mason... but We said no! and have a gun to your head to make you do it our way, if need be.

Free Mason lodges (such as the O.T.O.) have blatantly stated within their constitutional rules that mankind outside of Free Masonry are 'perverse', and no better that the initiate - but must be accorded the respect and affection as one would give to 'a favored pet'...

Favored pet? That's Right - you're looked upon as having the same rights, and priviledges, as those of a DOG - go fetch boy! They believe that mankind is nothing but a humanoid like animal worthy of exploitation, which they do quite alot of. But damn you to hell if you harm a fellow brother!

If Free Masonry - IN TRUTH - practiced what they tell everyone they did, EVERYONE would be a Free Mason, and not some unworthy outsider. They wouldn't be considered a 'secret' society...

THERE WOULDN'T EXIST SUCH A THING AS POVERTY !!

So YES!... this is a Free Mason agenda, BEWARE the call to arms - because they want that, so that the population can purge itself for them... so much so that once mankind is thinned out they can commandeer us as a species, and become the new Annunuki Gods or Egyptian Pharohs - seeking to rule it over us!

I spit on any man that believes I'm less than, or unworthy of, the same freedoms and equalities they themselves possess.

So you see, they FIRST want to cause the world to turn upon itself, which is what the call to Revolution will be, so that once enacted thier apex of domination can finally be achieved over this planet, and it's surviving inhabitants afterwards...

At that point, (which would be too late to prevent from happening anyway), the man out in the hot sun with whip marks on his back who is making bricks of mud, while fully aware that his wife and daughter were performing thier daily 'temple services' for the 'gods' - like the rest of the women - will ask himself if this was the life a benevolent overlord would want to give him, or if indeed his life's only purpoose was to turn the millwheel for the masta....

History has shown us the Free Mason way.... 'Mankind rules Mankind, to his injury.' Ask the ancient Hebrews how thier Masonic Masters treated them, under the rulership of Pharoh...

I will fight this tooth and nail, but NOT on thier terms, nor on thier playing field! I suggest that the rest of intelligent mankind do the same!

reply to post by nite owl


How about this : Print more money, like the Federal Reserve is doing right now, that has no value, but for that which they say it does, then circulate it, while devaluing the monetary assets possessing certain serial numbers... which by the way just happen to be the ones on the dollars in your safe!...

OR...

Completely drop the Federal Reserve Note system and manufacture an entirely new monetary system, and give it value, while dropping any values FRN Dollars had. History has shown us that they do this... SO, if they've done it before they'll do it again!

By the way - THESE ARE THE PEOPLE TO ACTUALLY WATCH

the IMF recently proposed to move currency towards a uniform global one recently... I believe there's a thread on it here on ATS somewhere.

a Run on the banks would be just the thing for the IMF to have that nightmare implimented!

Tell me this call to revolution and for a Run on the banks isn't a Free Mason agenda - to get a global monetary system established!

reply to post by Heyyo_yoyo


To be completely honest, I just don't know what you're talking about. What I do know is that regardless of what is believed by what secret order, or who takes their orders from who, etc, that this idea of undermining the institutions which are the current basis of control for the elites, if successful, will threaten many many lives, and consequently force the masses to get off the fence and choose a side.

Therefore, I don't care if such a move is playing right into the plan of some nefarious conspiracy. I think such a plan, if it exists, will fail, and that if no such plan exists, that the established order will fail, and that in either case, all illusions will be stripped away and we will be left with the fundamental reality that there are only two elements in most human affairs- the natural world, and the every day people who do work in that world- and that these elements cannot be fully exterminated, will (perhaps barely) survive whatever chaos ensues, and eventually be able to begin rebuilding and take a second shot at a world that works.

I can't conceive of too many kinds of change that I wouldn't embrace right now. If Ivan the Terrible rose from the dead and wanted to run the world, I'd say, "Sure, give him a shot. He can't control us. Let's follow him until the powers that be are eliminated, then stab him in the back too and get about building a world on our own terms".

Well, the numbers have just been released on how the banks are doing here(quarterly numbers, I think).
As usual, obscenely high profits, our 'big 4' banks recorded between 2.5 to 6.5 Billion dollars profit, mostly from fees & charges, I think.
The average Australian is doing it tough, our average banks, well, aren't.
Please excuse my lack of research, it all makes me a bit angry.

i found out yesterday that when you put money in a bank the money actually belongs to the bank!!!..incredible...