Think the Major Banks are not worried in North America regarding Cyprus? Read and judge for yourself

Originally posted by POXUSA
Credit Unions are far safer - Join one if you can. The Bernanke styled ZJ's do not have total access there. I have been in one for over forty years. If things get really hot I will also have more of a chance to secure the funds than will those whose monies will be in "deep freeze" on account of the so-called "banksters" - be very wary too because "bankers" for whom the blame is placed is merely a euphemism for who and what they really represent, i.e., a cabala cabal.

edit on 24-3-2013 by POXUSA because: txt

The wife has a business and uses a credit union for her banking....
We have been discussing the idea of moving house to her credit union, we are keeping a careful eye on things and will move it all if it looks like the end.

Good advice you offer and thanks for posting that.

Regards, Iwinder

To any Americans who don't think they could do this here, I would like to remind you a history of theft of wealth exists here. In 1933 the U.S. government confiscated gold and made it illegal to own. That was even when you had to at least face the people before you forced them to exchange gold for paper. Now with electronic recording of wealth it has never been easier or less personal for them to take it.

The following is my anecdotal story after having more than usual access in a bank. Im sure people who work at one will laugh at my naievity, but I have worked in and on every single square inch of this bank for weeks with exception of the inside of the personal lock boxes.

I know both loan officers and the manager personally at a local community bank (also my bank) and we are the ones they call for maintinance/remodeling. They have 2 vaults and I have been inside both of them during operating hours for my work, one with personal lockboxes and one with the banks important stuff. While I was working in the bank's vault the manager stood at the door of the vault while we were working to kind of keep an eye on things. I jokingly asked him where all the money was an he said that its mostly in the drawers upstairs. The cash that I could see wouldn't fill half a shoe box. It was basically a concrete room with shelves with some boxes of paperwork and a couple cashier-style trays just sitting there open with the cash. And this is a bank that has been recognized for its financial stability...

WHAT THE HECK!
All this talk had me check out the real safety of credit unions
This website directed me to national data base backed by the NCUA
My credit union states it is backed, but it is not in the NCUA data base and the link to contact them is 404d....



LINKS

How to check the safety of your credit union
NCUS

If any mods happen across this thread I now have a scan of the Waiver with our vital and personal information cut out.
If you are interested in posting it for me just give me a U2 with your email and I will gladly send it along for you to post here on this thread.

It is a interesting read and we think should be scrutinized on this thread or anywhere on ATS.

I cannot for the life of me upload on the this site so that is why I am asking.

Or any posters that I am familiar with will work too.
Regards, Iwinder

Originally posted by SouthernForkway26
To any Americans who don't think they could do this here, I would like to remind you a history of theft of wealth exists here. In 1933 the U.S. government confiscated gold and made it illegal to own. That was even when you had to at least face the people before you forced them to exchange gold for paper. Now with electronic recording of wealth it has never been easier or less personal for them to take it.

The following is my anecdotal story after having more than usual access in a bank. Im sure people who work at one will laugh at my naievity, but I have worked in and on every single square inch of this bank for weeks with exception of the inside of the personal lock boxes.

I know both loan officers and the manager personally at a local community bank (also my bank) and we are the ones they call for maintinance/remodeling. They have 2 vaults and I have been inside both of them during operating hours for my work, one with personal lockboxes and one with the banks important stuff. While I was working in the bank's vault the manager stood at the door of the vault while we were working to kind of keep an eye on things. I jokingly asked him where all the money was an he said that its mostly in the drawers upstairs. The cash that I could see wouldn't fill half a shoe box. It was basically a concrete room with shelves with some boxes of paperwork and a couple cashier-style trays just sitting there open with the cash. And this is a bank that has been recognized for its financial stability...

Nice post and makes you wonder a bit No?

From our experience with the new plastic money 10k is a stack of only half an inch if the bills are brand new.

Thanks for posting.
Regards, Iwinder

Originally posted by Starwise
WHAT THE HECK!
All this talk had me check out the real safety of credit unions
This website directed me to national data base backed by the NCUA
My credit union states it is backed, but it is not in the NCUA data base and the link to contact them is 404d....

LINKS

How to check the safety of your credit union
NCUS

Good post and now is the time to be aware of your money and whom is the keeper of it.

Thanks for the link you provided.
Regards, Iwinder

Originally posted by Iwinder

Originally posted by SouthernForkway26
To any Americans who don't think they could do this here, I would like to remind you a history of theft of wealth exists here. In 1933 the U.S. government confiscated gold and made it illegal to own. That was even when you had to at least face the people before you forced them to exchange gold for paper. Now with electronic recording of wealth it has never been easier or less personal for them to take it.

The following is my anecdotal story after having more than usual access in a bank. Im sure people who work at one will laugh at my naievity, but I have worked in and on every single square inch of this bank for weeks with exception of the inside of the personal lock boxes.

I know both loan officers and the manager personally at a local community bank (also my bank) and we are the ones they call for maintinance/remodeling. They have 2 vaults and I have been inside both of them during operating hours for my work, one with personal lockboxes and one with the banks important stuff. While I was working in the bank's vault the manager stood at the door of the vault while we were working to kind of keep an eye on things. I jokingly asked him where all the money was an he said that its mostly in the drawers upstairs. The cash that I could see wouldn't fill half a shoe box. It was basically a concrete room with shelves with some boxes of paperwork and a couple cashier-style trays just sitting there open with the cash. And this is a bank that has been recognized for its financial stability...

Nice post and makes you wonder a bit No?

From our experience with the new plastic money 10k is a stack of only half an inch if the bills are brand new.

Thanks for posting.
Regards, Iwinder

No need to wonder, banks usually keep very little money on hand. A small Credit Union would probably only have $50,000 in cash available on a daily basis.

Trying to post copy of "bank waiver" for large sum withdrawal. Not sure if this will work



Namaste,
YogaGinns

reply to post by anton74

Oh yes there is a need to wonder, why they make it so difficult to get your own money out even with a weeks notice and an appointment that the bank made for us to do so.

Please read the whole thread if you have the time.

Regards, Iwinder

reply to post by YogaGinns

Thanks very much for posting that information YogaGinns......
Regards, Iwinder

Originally posted by Iwinder
reply to post by anton74

 

Oh yes there is a need to wonder, why they make it so difficult to get your own money out even with a weeks notice and an appointment that the bank made for us to do so.

Please read the whole thread if you have the time.

Regards, Iwinder

I did read it. Picture this, you work in a small town bank that has $20 Million in the vault. The town has one sheriff and the nearest State trooper is 30 mins away. Does that sound smart?

The banks keep their money in safer locations and it costs money to move it(armored trucks aren't free). Your bank probably saves money by moving large somes of cash at certian times. It is possible they wait until a minimum amount is requested for withdrawl before they move it.

Not to long ago I took out a cashier's check for a very large sum. Is was in the bank for less than 5 minutes.

reply to post by anton74

Thanks for your reply and to tell you the truth this was cash not a check, they even tried that on the wife once she got there for the bank scheduled appointment to take cash out.

No this is one of the largest banks in the world and up until this episode we have had no complaints, however now they have blocks in place (for lack of a better word) to make getting cash out very difficult indeed.

Keep in mind this was our money and they only had their hands on it for 3 days knowing full well we were going to take it out.

Star for your posts and thoughts.

Regards, Iwinder

Originally posted by Bilk22
Getting cash out and stashing it is all well and good for the short term. If the S ever hit the fan with a run on banks, they would crush the dollar and cash would be worthless and goes for most other currencies as well.

I recently took on a tenant with a check cashing business. They are paying more than I was asking because they didn't want to lose the spot. I had some reservations about the business profile and the type of clientele it would bring to the shopping center. They tell me they have doctors and other professionals cashing checks at their locations who are willing to pay the fee and not put it in a bank. I suspect they have other reasons for this too, but I was still surprised.

I also have a gold buying operation in that strip center. That place is packed most days. I sometimes think the people selling their gold jewelry are better off holding on to it and let the bill collectors take due process. By that time the economy will probably have tanked and the collection agencies along with it. Heck I would just rather spend my cash now on what ever than have it disappear overnight. At least I'll have the use of what ever I bought, even for a little while.

Sorry I missed your post up until now, very interesting and much appreciated for sure.

Doctors going for cash means a lot, what do they know that we don't?

Regards, Iwinder

reply to post by Wifibrains


Do the pieces of paper have more value than the digits on the screen?

reply to post by Iwinder


first of all you should not have your money just sitting in an account unless it is offsetting your home loan or if you dont have a home loan either in a term deposit or if you want the flexibility a high interest savings account. Thats just good accounting and common sense.

Second all the questions are for YOUR protection in case some lunatic with access to your private details hasn't stolen your wife's identity and forged her documents. This isnt 1896 buddy identity theft is a massive problem with banks and the fact that you cleared 2 large amounts in a such a short time period is a standard red flag. The bank doesnt want to be liable for the loss of money in case someone pretending to be your wife cleans out your savings and the bank has to pay you back out of their own money and claim it as a loss. Even though the money is insured the insurance company will do an investigations and if it is found that the mistake was the banks they wont pay up.

We live in a cashless society yell and scream all you want about how bad it is but the fact remains thats the world we live in and you all went along with it this far its a bit too late to start complaining about it now.

In the end you got your money out didnt you? and the pointlessness of that action will be made clear to you if the thing you fear comes to pass.

If the economy of the country you are living in tanks that hard (which it wont because Canada and Australia have fairly stable economies going at the moment) your cash money would be as worthless out of the bank as it would if it was locked IN the bank. Yeah you could argue that at least they might not be able to tax that money but seriously if things get that bad in Canada you worrying about being taxed 10% on your 10k would be like worrying about mosquito bites on a sinking titanic, trust me you would have far more serious things to worry about than just money. Fiat currency only has agreed value, what you are doing is a pointless exercise designed to provide you with a sense of false security that you have some shred of control.

You have no control, you are a pawn and a puppet in a game far grander and further reaching than your mind can comprehend. If you really believe what you say you believe you would pull all your money out of every bank you have money in pay off all your credit cards debts sell your house and buy a farm set it up to be as self sustaining as possible surround yourself with family and friends would do the same and create your own community that lives off the grid so that when this "eventual collapse that you think is going to happen happens, you wont be effected.

Unless your doing exactly that you are pizzing in the wind and all you will get for you actions are smelly trousers.

But what the hell do I know....right?

reply to post by TiM3LoRd


Are you an economist or a banker even? I doubt it!

Nobody here is talking in relation to the entire economy collapsing. The point of removing funds from an account is so that the bankster thieves won't have access to it with respect to the criminal technique now know euphemistically, by the harmless sounding (the scum always try to make their criminal actions sound innocuous) term, as "haircutting" wherein the scum go about ILLEGALLY shaving 10, 15, 20 % right off the top of the customers hard earned savings and or checking accts.. It could very well happen here and the entire point of the thread is that, in light of bankster Bernanke's recent ambiguous statements on the matter, it probably will.

I am in the process of removing all of my savings out - to be placed in a safe place under my personal protection. If the scum bankers still want the money by means of confiscation - another likely possibility btw - then it'll be over my dead body and a few of their dead bodies as well!!!

Just in: Drudge - CYPRUS VOTES TO SEIZE CITIZENS' CASH - 40% off the top

AND HERE: Jones - Cyprus bank bailout agreement is pure theft: 40% of private deposits to be looted from selected accounts

Originally posted by POXUSA
reply to post by TiM3LoRd

 

Are you an economist or a banker even? I doubt it!

Nobody here is talking in relation to the entire economy collapsing. The point of removing funds from an account is so that the bankster thieves won't have access to it with respect to the criminal technique now know euphemistically, by the harmless sounding (the scum always try to make their criminal actions sound innocuous) term, as "haircutting" wherein the scum go about ILLEGALLY shaving 10, 15, 20 % right off the top of the customers hard earned savings and or checking accts.. It could very well happen here and the entire point of the thread is that, in light of bankster Bernanke's recent ambiguous statements on the matter, it probably will.

I am in the process of removing all of my savings out - to be placed in a safe place under my personal protection. If the scum bankers still want the money by means of confiscation - another likely possibility btw - then it'll be over my dead body and a few of their dead bodies as well!!!

Just in: CYPRUS VOTES TO SEIZE CITIZENS' CASH - 40% off the top

edit on 25-3-2013 by POXUSA because: txt

As a matter of fact I AM a banker. I think most people that visit this site have absolutely no concept of the banking sector. All they know is what they think they know. Also Not all banks are the same. And to group them all into one lump is ridiculously ignorant. As for economics can you refute my previous post? Are the points I make about the futility of the OP's post not valid?

What the hell are you going to do with 10k of Canadian dollars if its not worth anything? What part of this logic dont you understand? Unless you convert Fiat currency into goods of value in a SHTF scenario which is what you think might happen in order for the banks to do what they tried to do in Cyprus. They are not going to try a stunt like this on a stable economy lmao do YOU understand how economics works?

Here are the 2 possibilities:

TPTB dropped the ball and are now trying to get the game back under control; all current actions are a result of the elite trying to get things back under control.

OR

TPTB orchestrated this entire scenario and and has been doing so for decades playing such a complex and interwoven game of intrigue and deception spanning nations, continent and political ideologies involving millions of people and billions of unwitting pawn. And this is the final move to collapse the economy to build a one world government and currency...ok so in order to build a one world currency they are going to destroy the European union which was supposed to join up with the American union and the African union and the Asian union and create the one world government. so they are destroying their own plan???

So whats the plan? Destroy the EU, lull us into a false sense of security (mind you only about .01% of the global population are even aware of the global unions conspiracy theory) wait for the world economy to collapse because of a failed attempt to create a European Union which is a Public relations nightmare for all other proposed Unions and then convince the world we all need to be in a Global Union? hahah Flawless logic.


Edit to add:

Did you read the entire article or did you just google "Cyprus votes to seize cash" Cyprus is a casino economy supporting a Banking infrastructure that is totally unsustainable they have a population of 1.1 million and have 68 billion euros in deposits haha

The tottering banks held 68 billion euros in deposits, including 38 billion in accounts of more than 100,000 euros - enormous sums for an island of 1.1 million people that could never sustain such a big financial system on its own.

Its all Russian investors and from the sounds of it the government of Cyprus were trying to set the country up as some sort of money laundering safe haven.

Swiftly backed by euro zone finance ministers, the plan will spare the Mediterranean island a financial meltdown by winding down the largely state-owned Popular Bank of Cyprus, also known as Laiki, and shifting deposits below 100,000 euros to the Bank of Cyprus to create a "good bank". Deposits above 100,000 euros in both banks, which are not guaranteed under EU law, will be frozen and used to resolve Laiki's debts and recapitalize Bank of Cyprus through a deposit/equity conversion.

reply to post by TiM3LoRd

Originally posted by TiM3LoRd
I think most people that visit this site have absolutely no concept of the banking sector. All they know is what they think they know.

I have a very good idea of the shady underhanded operations of the BANKSTERS!!!

Originally posted by POXUSA
reply to post by TiM3LoRd

 

I have a very good idea of the shady underhanded operations of the BANKSTERS!!!

Look, the banks are no angels they are in it to make a profit but they usually do it in a manner that's sustainable.......USUALLY. But like I said some fools get greedy and try to make money fast and make a mess of things and then they have to send in the clean up crew. Hey dont believe me read the article you posted, it says this is all been set in place to prevent a Eurozone exit which would have catastrophic effects on the EU and the Euro which is what everybody seems to think they are trying to do. So if they were trying to do that why are they trying to stop it from happening? It cant be BOTH They cant be trying to create a one world currency and at the same time trying to destroy the Second Union (America was the first Western Union, India was probably the first Union experiment) Dont get me wrong I dont live in fairy tale land where there are Unicorns and Candy cane lanes with bubble gum pavements.

I know the score, I just think you guys over thinking this and not taking into account the fact that these people make mistakes just like anybody else.

Originally posted by TiM3LoRd
... ... ... I just think you guys over thinking this and not taking into account the fact that these people make mistakes just like anybody else.

I'm merely stating the facts as I see them reported in the worldwide press. So, please consider these post/links as warnings - harbingers of things to come. Protect yourselves from the banksters - not to be confused with small town everyday run of the mill 'bankers.'

Soon coming to a small town (bank) near you - possibly your own!

Europe: €100,000 Savings Now Considered “Wealthy”

BTW I have more than 100 G's in a CU, and I certainly do not consider myself "wealthy" by any stretch of the imagination.

Words Of Warning: Get Your Money Out Of European Banks

IT’S OFFICIAL: Banks In Europe May Now Seize Deposits To Cover Their Gambling Losses