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Justice Department Rolls Out An Early Form Of Capital Controls In America
Something stunning took place earlier this week, and it quietly snuck by, unnoticed by anyone as the "all important" FOMC meeting was looming. That something could have been taken straight out of the playbook of either Cyprus, or Greece, or the USSR "evil empire", or all three.
This is how the WSJ explained it:
The U.S. Justice Department’s criminal head said banks may need to go beyond filing suspicious activity reports when they encounter a risky customer.
“The vast majority of financial institutions file suspicious activity reports when they suspect that an account is connected to nefarious activity,” said assistant attorney general Leslie Caldwell in a Monday speech, according to prepared remarks. “But, in appropriate cases, we encourage those institutions to consider whether to take more action: specifically, to alert law enforcement authorities about the problem.”
The remarks indicate that banks may be expected to do more than just file SARs, a responsibility that itself can be expensive and time-consuming.
Some banks already have close relationships with law enforcement, said Kevin Rosenberg, chair of Goldberg Lowenstein & Weatherwax LLP’s government investigation and white collar litigation group. Ms. Caldwell’s remarks “speak to moving forward in a more collaborative way,” said Mr. Rosenberg.
A tip-off from a bank about a suspicious customer could lead law enforcement to seize funds or start an investigation, Ms. Caldwell said.
What does this mean, and why is it so critical? Simon Black of International Man explains:
* * *
Justice Department rolls out an early form of capital controls in America
Imagine going to the bank to withdraw some cash.
Having some cash on hand is always a prudent strategy, and especially today when more and more bank deposits are creeping into negative territory, meaning that you have to pay the banks for the privilege that they gamble with your money.
You tell the teller that you’d like to withdraw $5,000 from your account. She hesitates nervously and wants to know why.
You try to politely let her know that that’s none of the bank’s business as it’s your money.
The teller disappears for a few minutes, leaving you waiting.
When she returns she tells you that you can collect your money in a few days as they don’t have it on hand at the moment.
Slightly irritated because of the inconvenience, you head home.
But as you pull into your driveway later there’s an unexpected surprise waiting for you: two police officers would like to have a word with you about your intended withdrawal earlier…
If this sounds far-fetched, think again. Because it could very well become a reality in the Land of the Free if the Justice Department gets its way.
Earlier this week, a senior official from the Justice Department spoke to a group of bankers about the need for them to rat out their customers to the police.
What a lot of people don’t realize is that banks are already unpaid government spies.
Federal regulations in the Land of the Free REQUIRE banks to file ‘suspicious activity reports’ or SARs on their customers. And it’s not optional.
Banks have minimum quotas of SARs they need to fill out and submit to the federal government.
If they don’t file enough SARs, they can be fined. They can lose their banking charter. And yes, bank executives and directors can even be imprisoned for noncompliance.
This is the nature of the financial system in the Land of the Free.
And chances are, your banker has filled one out on you—they submitted 1.6 MILLION SARs in 2013 alone.
But now the Justice Department is saying that SARs aren’t enough.
Now, whenever banks suspect something ‘suspicious’ is going on, they want them to pick up the phone and call the cops:
“[W]e encourage those institutions to consider whether to take more action: specifically, to alert law enforcement authorities about the problem, who may be able to seize the funds, initiate an investigation, or take other proactive steps.”
So what exactly constitutes ‘suspicious activity’? Basically anything.
According to the handbook for the Federal Financial Institution Examination Council, banks are required to file a SAR with respect to:
“Transactions conducted or attempted by, at, or through the bank (or an affiliate) and aggregating $5,000 or more…”
It’s utterly obscene. According to the Justice Department, going to the bank and withdrawing $5,000 should potentially prompt a banker to rat you out to the police.
This may be a very early form of capital controls in the Land of the Free. This is the subject of today’s Podcast. You can listen in here.
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Of course, anyone who keeps 5 grand in a bank is nuts to begin with even without this bullshit.
Possession is nine-tenths of the law, especially when the bank has your money.
Yeah, so what I wanna know is whatever happened to the NORKS who hacked into SONY and caused the entire free world Ethernet infrastructure to be on the precipice of the end of days and downfall of mankind. Ranks right up there with that video that started the Benghazi killings.
Damn it, we need to know how the NORKS have been punished, wiped off the face of the earth, never to be seen again, don't darken the door of my humanity.
Oh Barackosan only you can save us.
I'm gonna get a Hybrid decal for my Jag and show the NORKS what it's all about. Dam right, never gonna buy a drop of NORK gasoline again.
Patriotism!
Booyah!
"some banks already have close relationships with law enforcement"
And the majority of ZH readers, Fed-collaborators love it that way. Bitcoin has no law enforcement connections.
RE-POSSESSION IS 9/10THS OF THE LAW
New Revised Edition.
Remember to keep your precious metals in your local bank's safe deposit box! It'll be there when you most need it, for sure.
Everyone should make it a habit to withdraw $5K in cash five times a week and redeposit it quickly. That will keep the police busy. Also, for you home business people, give your businesses arabic names to keep the investigators even busier.
That's a good idea. Too bad last time I did that I instantly spent the money. I did just withdraw 3k last week, teller didn't bat an eye, asked me how I wanted it and handed it to me, and this what as a BofA in FL, no questions asked. I've taken out that amount or a little more several times a year and never had a single question asked. Granted, 3-4 k isn't asking for 10, or 25, but still. I hate BofA and will leave them eventually, but I would think they would be one of the places asking people a lot of questions. Anyone else had any of these experiences?
In the subprime crisis, large volumes of russian and scilian black cash were laundered through the last days of the Florida subprime bond & housing stocks. If I were someone looking at the froth, I too would be worried that existing FINRA and UN AML reports may not be properly monitoring or capable of enforcing the various forms of end-cycle money laundering.
The second reason DoJ could be seeking stronger criminal enforcement is they may be civic-facing agents, but they remember the hit department cred took when their largest fish (including the Flash Boys) got off by loopholes in criminal procedure/standards of doubt tests in house. Given market froth, and DoJ's experience in limited acts (aside from RICO) to bring market arrests, allowing DoJ to have a method to apprehend criminal activity pretending to be excessive speculation is a good ass covering mechanism. Esp given the huge cries of 'free Corzine' which have persisted for the past 4 years from key market moving trend setters. :)
As a fun weekend assignment, did any ZH's notice the chart porn in PTJ's TED talk ? You don't need a cipher to see where he got those ideas circa October 2014 ZH.
Pull cash out every payday, never been asked why, disappointingly, the "whores and blow" excuse is forever on the tip of my tongue.
I've been waiting for this, with a slight variation: she gives you the $5k, you drive away, pulled over 30 seconds later, the cash confiscated. It would seem like the logical next step, based on current practices, and "notifying law enforcement" is the necessary mechanism. Combine notification with cell-phone tracking, and you're going to need to carry a battle rifle any time you pull out 50 bucks.
Next to come: gold coin dealers need to notify law enforcement about supicious transactions, such as the purchase of gold coins.
They hate us for our freedoms.
I like to go to the ATM, take out $800 (my maximum), then walk in the bank and ask to change it into hundreds. This is true, I've done it probably 2 dozen times in the past few years. When they ask me about it or if I have an account, I say no but I just got the money out of your ATM. I'm probably on some watch list somewhere.
My coin dealer won't sell more than $1000 worth of anything for cash and if you try going back in a day or two later they literally have blood vessels pop in their foreheads. Not that I have a coin dealer. I'm making this up as I go.
The Jews would never rat anyone out. Never.
Bitcoin has no law enforcement connections.
Heh heh......it's like having a transmitter up your wazzoo.
The cool thing about Bitcoins is that if you ever get lost....in theory you could phone the NSA...and they could tell you exactly where you are. Plus or minus 12 inchs.
No...I don't know what that is in centimeters.
The justice Department is run by Jewish criminals. It should be called the Injustice department. Why don't they investigate the Federal Reserve, Wall Street and Silicon Valley? Because they're parasitic criminals, that's why.
Hey, isn't if funny that the ZH 'tards never seemed to worry about a "Carrington event" when placing their orders with AMEX using digital credit cards? Or their digital transactions to buy dinner? Or their digital transactions for.....<anything else in the past 40 years>
Phucking mental rejects.
Your coin dealer won't do over 1000 in cash? Sounds like it's time to find a new coin dealer
Coin dealers should do up to 10k or move on
People with large sums of cash are honest hard working citizens.
People with large sums in their accounts are parasitic thieving Jewish dual-citizens.
People with large sums of cash are morons waiting to get ass-raped by Yellen wearing a dildo.
Depends on the area but yeah that strikes me as being very odd too. You figure at least 10k in cash give or take even if they only maybe $700-$1k loose in a cash register with the rest in safe.
Even Canadian dealers will take $3,000 in cash with no ID or reporting.
If a dealer won't take more than $1,000 in cash, shop eleswhere.
Why are people concerned over whether it is $1k or $10k that dealers get pissy over? $1 or $10,000,000, it's none of the government's business at all, period. The government will tell you different, but fuck them.
Exactly. The Goverment steals our money by the $Trillion$ but we are not allowed to monitor or arrest THEM.
You comment on ZeroHedge, of course they have a file on you.
Yep, that's the irony of the comment.
It's like good advice....that you just didn't take.
https://www.youtube.com/watch?v=Jne9t8sHpUc
Kitco was raided in Canada a few years back
http://www.wsj.com/articles/SB10001424052702304778304576377852269636870
Since then photo ids are required to open an account and buy anything
dup
I seriously doubt $5,000 withdrawals at the teller window of American banks is how Russian and Sicilian mobster schemes operate.
Took out my whole savings (in cash) a while ago, and had the bank ask me for 2 grand for extra security.
I threatened to call the press, and they relented, but boy they made it hard. The manager had me signing shit for almost an hour (and this was AFTER I had already booked the whole thing in advance).
I bet they registered me as some kind of offender with the feds.
Sadly the whole lot was lost in a tragic boat accident, and now I have nothing.
And you will be a tertiary objective when they round up the guns and hard assets. Who knows, that early withdrawal may entitle you to a trip to 'extra special fun-camp'.
Banks are obsolete... we don't need them anymore, they need us to leverage 100 to 1, while they are sticking it in our ass they get rich.
Fuck em.
With NIRP becoming the new normal, I'd say they don't need us.
The FED Created Moral Hazard with 6 Years of ZIRP/LIRP & QE after the gave special unlimited loans and got Congress to Give away TARP/TRAP.
Janet Yellen: after 6 years of manipulation you don't seem to have a plan and don't seem to have straightened out the Global Economies that were Messed up by US TBTJ Banks.
How do you Plead, Guilty or Not Guilty??
We really don't care Chairmen Yellen if you are new to the Post. We want straight talk about 6 years of bending over backwards and set up Moral Hazard and providing Incentives to TBTJ Banks.
How do you Plead, Guilty or Not Guilty??
Christ,
Banking has existed throughout the very same changes and wars we are facing now. Have you learned nothing yet Crash Overide?
Good idea. Even better idea, everyone withdraw $4,999. each week and put it somewhere other than a bank.
A few years ago I got a check from my broker, drawn on B of A. I went to the nearby BofA and tried to cash the check. After making me wait around forever, the teller and manager reappeared and told me to come back tomorrow. I went back all the way back the next day, just to hear the boss man say No. I wanted the cash because I was leaving in a few days and wanted to avoid the wire transfer fees. Obviously, I'm a criminal.
20 yrs. ago I sold some VW parts to a mechanic, that used B of A. I had no account there, and they asked for a thumbprint to cash the damn check.
I asked for the manager, the teller said he was gone to lunch.
I said, "I hope he fuckin' chokes to death". I sure like my little home-owned bank.
"...Even better idea, everyone withdraw $4,999. each week..."
Well, maybe. I believe that's called "structuring." A technique to avoid/circumvent reporting requirements and it is likewise illegal, now. FD: I am not a lawyer, nor do I play one on television.
It is interesting to note that structuring was devised by the peeping Tom perverts after they realized people innovated around their ridiculous SAR rules. Makes you wonder how people will innovate around structuring rules.
No need for innovation, just knowledge.
Start here:
http://en.wikipedia.org/wiki/Hawala
I'll answer the question of what I'll do with MY money, after the teller answers the questions of, if her pussy is shaved and if she likes it in the shitter?
For the Tri Fecta ask her if she also goes & likes ATM. Porn industry lingo for Ass To Mouth.
Anyone know if these "rules" apply to credit unions as well?
I better lock up my dog..
yes
http://www.ncua.gov/Legal/GuidesEtc/Pages/Suspicious-Activity-Report.aspx
enforcement
you do not have the right toknow your accusers the law is above the law
Just another clean and clear example of the former 'rule of law' broken. We're heading toward a scenario where a rational person who HAS NOT committed a crime will shoot to kill anyone coming to arrest or detain them.
Why take the chance that one will not get the opportunity to speak with a lawyer, or be held indefinitely without charge or trial, or go through a mockery of a kangeroo-court sham?
Oooooooh,
Boogeymans everywhere !
You obviously haven't been paying much attention to ignorantly and snidely make such a comment.
Civil forfeiture is 11/10ths of the law.
...and Colt balances the equation.
Problem is, you would need many, many colts. If you are one, the police will send 50. If you are 1,000, the police will send 1,500. My prediction is that if you are 10,000, the police will shit their pants and not do anything. There is very little living memory for the police of what it is like to face superior numbers of armed opponents.
In fact, the relationship is so close that the occasional nail-gun accident is overlooked.
Ogre!!! Onions have layers, Ogers have layers
Speaking of ogre, that bitch in the pic reminds me of Shrek for some reason.
Matt Foley, motivational speaker:
http://memecrunch.com/meme/1YKAI/matt-foley/image.jpg
http://www.nbc.com/sites/nbcunbc/files/files/images/2015/2/07/140207_272...
http://rx.iscdn.net/2011/10/17161_air_quotes.jpg
http://www.rantlifestyle.com/wp-content/uploads/2014/08/Chris-Farley-as-...
Oh, I thought that was Mike Myers until I saw your comment and looked closer.
That's a bitch?! omg.
Smells fishy to me.
If, one day, the world ever drifts back into a reality field and 'law enforcement' ever actually applies the law symmetrically the banksters will be in deep shit.
Bugger, I just woke up from a dream.
As for BitCoin, it's an interesting concept, but far from a store of value.
As for the lack of law enforcement regarding BitCoin, I read about some guys heading off to the Caribbean with a bunch of wallets. Hardly secure.
BitCoin mining requires huge computer power. Who has HUGE amounts of computer power? NSA springs to mind - they also track transactions, among other practices.
There are too many flaws IMHO.
Saying Bitcoin isn't secure because people let a drug marketplace hold their bitcoins and the drug merketplace then ran off with them is pretty useless. If you let your cocaine dealer hold your gold for a while, then he disappears...does that mean gold is insecure? No, you were just stupid. This will probably happen a few more times before decentralized markets catch on.
Also, I think the NSA has better things to do than mine bitcoins. Tracking is an issue, but then again if you're worried about privacy you can use coin mixers, which work very well unless you're trying to move enormous amounts. Bitcoin lets users have as much or as little privacy as they desire. Can't say that about banks.
You have no clue about bitcoin. Even all supercomputers in the world combined could achieve only a very small fraction of the hashing power of the mining network. Computer power is useless for bitcoin mining, because miners use ASICs, which do the Sha-2 hashing algorithm in hardware.
Publicity Stunt...
My Eye's !!!
My Eye's !!!
How long does ussa have until .gov is confiscating private bank accouts to pay for whatever war / corprorate bail out / leech pension fund / etc. they want? Looks like Greece is in that territory now. I'd say america has another year or two before it is no longer viable to keep any funds in a bank.
That won't happen until the very end... so maybe 15-20 years.
Oh for goodness' sake. This is at least 10-year-old news:
http://gata.org/node/5606
Where has the time gone?
The thought of functioning in this constantly de-evolving fucked up society for another 15+ years is sickening. I see cracks in the system developing every day, I just don't see how things can get strung out that long.
The oldest boomers start turning 70 within a year. There's no way the Titanic floats another 15-20 years. Gov. will, probably, begin stealing pensions to pay for Medicare within a couple.
http://www.demog.berkeley.edu/~andrew/1918/figure2.html
10 years, tops.
No way USSA can keep the ship afloat beyond another 10 years.
There's no way the USSA continues to support our seniors for another 10 years. Euthenasia will be offered as the kind, thoughtful and considerate alternative to lack of medical support.
I'm waiting for the soylent green IPO...I'd take it to market myself but Monsanto has had that one under it's wing for years.
Not 10 years, somethings gonna give way before that.
If we cut off EBT the large cities would implode on the first warm weekend. I'm starting to think that has been the plan all along.
God Bless Flyover Country!
If we cut off EBT
I'd rather take my chances with a nuclear holocaust.
I'd rather deal with the rampaging 50,000,000 than nukes.
First warm weekend? More like the first text or tweet.
Is that why the Dr put that red dot in my mom's hand?
He kept calling her Farrah
10 Years? Hardly. Round 2 begins in earnest this fall. (Round 1 being summer 2007 to spring 2009). Brace for impact.
When the govt has direct access to the printing press, they don't have to confiscate anything. In fact, Dubya could be sending everyone $500 cheques with people ending up poorer by the time they cash'em.
When Fed is running the game, the amount of money in your account or personal withdrawal limits are as relevant as reserve requirements.
And if they choose to detain you for whatever reason, they don't need a $5000 transaciton. They can ship you to Gitmo or some place worse because your shirt is white... and it's Tuesday.
None of this makes things worse than they already are.
Dubya?
Dubya was the last president that tried direct stimulus. Oobie went straight for cell phones and EBT cards.
George "Dubya" (W) Bush
aka The Great Decider
If your bank account sits unused for 7 years they already take it. This is universally true in every Western country. In Australia our previous government lowered the threshold to 3 years. In 50 years they had plundered ~$300mil. When they changed the threshold they were plundering ~$300mil/year.
Is there a Diaspora from Australia yet?
Seems like the get a lot of visitors, Investors, and people that want to stay and work there.
"Possession is nine-tenths of the law, especially when the bank has your money."
Actually, "legally," which is whatever they say it is, your money IS their money.
They'll prove it one day with a "bail-in."
The banksters need to repay us.
Guillotines are for Jubilees and jubilation.
If you put 'money' in the bank, it's the bank's to use in any way they wish.
It's only yours again when you withdraw it.
If enough people pulled most of their cash on the same day, all hell would break loose.
Confidence in the system would evapourate in about 24 hours.
Batten down the hatches time when enough wake up.
Well observed, and said, and let me add: I have studied much history, especially the history of tyrannical governments, and I can say that despite the sad predicament the American people find themselves in, they, unlike any other society in history, still hold many cards by which they can easily bring down the tyrants:
The most powerful weapon the American people have is Rejection.
The system of fraud and theft that has been built up upon the backs of the American people is dependent upon our backs. Withdraw our backs, and the whole scheme collapses. This is our greatest weapon.
Stop Paying--Put it into food, and precious metals, etc. They stole whatever "debt money" they loaned you in the first place (fractional reserve banking) and soon you won't be able to pay them anyways, so Stop Paying.
Stop Playing--Stop being a tool for them to use, mock, and call "stupid." Stop Playing.
Stop Obeying--If they are in violation of the Constitution then they are not legitimate anyways, so Stop Obeying their unlawful dictates.
The Four Rs
Rejection: Stop Paying. Stop Playing. Stop Obeying.
Revolution: It is inevitable, so prepare, as they are.
Retribution: The guilty must answer for their crimes against the American people and the Constitution. No “truth and reconciliation,” but “trial and Retribution.”
Restoration: Restore the American people, country and Constitutional republic.
The banksters need to repay us.
Banks aren't threatened by people withdrawing their savings. The greatest threat to the banking system is private organisations paying off all their debt and refusing to borrow any more.
That is the only way to kill the system.
There are lots of ways to kill the system. They will be banned if any of them come close to happening, and some of them are going to happen regardless of what the government does. The system is going to kill itself if we don't kill it first.
Kinda along the lines of this:
http://www.liveleak.com/view?i=ffa_1426805138
"Arrest those men and women!" --> "Who me? But I'm a police officer. I can't do that after what they just said."
There is a sign at the local oxford assay store
" all transactions over 4000.$
must be reported to the IRS "
with a regulation number , in red ink
posted under the above ..
If your spending more than $4000 on shoes, you've got a serious problem.
Just go in 5 days a week and spend $3,500!
Find another dealer.
Wow, my treason, CAAPL, list just got longer.
Much longer.
The banksters need to repay us.
Before they take their oaths, they better peruse Article 3, Section 3, as it is the flip side of their oath.
It is funny that no citizen up there arrests them for PERJURY, That oath is a sworn oath under penalty of Perjury.
It is a FELONY in the state of California and I would arrest as it was a felony committed in my presence.
It is also a FELONY in Michigan.
You got it, debank yourself as much as possible. I know it's hard just like giving up the flippin worthless cable TV but you can do it. You really notice where your $ are going when you start handing over folding money instead of swiping a card. As an added benifit you are screwing the banks out of their swip & transaction fee profits, ha take that evil banker
This has been my personal policy for ten years. As an added benefit, the NSA has no fucking clue what I spend my cash on. Unless they have already added RFID chips to fiat and I didn't notice, in which case I'm as fucked as the average twit who charges a $.79 soda to their Visa. And yes, I've witnessed this act in person many times.
storing cash? get some lead sheet, make a box, keep ALL your receipts !
The fact that almost everybody in America doesn’t have 5 grand in the bank is the problem that caused all this shit.
Weak credit was what started the rigging and manipulation in the first place.
Rule 1: if you work for 10 years, you need to have saved up to 2 years of salary in cash
Rule 2: Buy the house you can afford
Rule 3: A car isn’t a investment and only costs money. Nobody will respect you more if you buy a overpriced car.
Rule 4: plan you’re retirement when you start working by creating a self sustaining extra source of income.
Rule 5: Take a wife who is willing to work as hard as you
Will you marry me?
Spot on!
Plus read the book "The Millionaire Next Door" when you're 18, and live it more religiously than the Bible.
Bible tells you how you can beat the "The Millionaire Next Door" at the gates to heaven! The Millionaires and Billionaires cannot take their wealth through the pearly gates.
But otherwise, your observation is spot on.
Proverbs 21:20
Stories in a book written by men to dissuade the poor from attempting to take any action against the wealthy regardless of whether those fortunes were achieved through legitimate business that provides value to humanity or those who profit from various crimes and shady dealings so that the poor do not revolt because in hopes that they will be the "wealthy" ones in a promised life after death. Religion has been a means of control for millenia which promotes that the poor will be the chosen people and rewarded in the future while those closest to the creation of such religion and determining which verses/books are official canon are wealthy and don't want to face the serfs rising up and seizing their wealth.
Downvotes with no response in rebuttal; standard for ZH lurkers and those unable to construct valid arguments.
What about those upvotes? Aren't you the least bit curious why some supported your comment?
Thats a silly reversal. We gave him upvotes because we agree specifically with the points and justification made in his post.
If you disagree, your opinion is based thoughts that are not written down. You might disagree because you dont like his name. You might disagree because youre a religious zealot. Or you might have a legitimate reason to disagree but if you dont tell us, a rational person is going to assume its the most likely reason - youre a religious zealot.
Who is this "we"? Are you speaking for everyone who agreed with his comments?
The reasons you give to disagree with a comment could easily be used to support one as well. You agree because you like his name or you agree because you are not a religious zealot. Just because someone upvotes a comment does not mean you can assume the likely reason.
BTW, I upvoted his comment, but for my own reasons.
"Do you know what a fairy tale is? It's one of the ways the exploiters make the people forget that they're enslaved. For a hundred years Russian peasants have told their children this story of a hero who plucks the tail feather from a firebird. Child goes to bed with an empty stomach and dreams of a hero who will never come."
(from The Last Express)
julia, few today(in the west or 1st world) go to bed hungry,, but give the reptiles in power time, they will correct this.
Eh, you're conflating the Torah with the New Testament. For the life of me I can't understand why Christians even acknowledge the Old Testament.
speciallly 5, a spouse can be your biggest liability: someone holding a gun to your head that can take half of everything you own just because "doesn't feel the love anymore"
Rule 1:....
So bank 20% of your net paycheck every two weeks? That is a large chunk of change to not have....
"Of course, anyone who keeps 5 grand in a bank is nuts to begin with even without this bullshit."
not if you're a small business, or sell a house, or a car, or any large piece of equipment, or keep several grand in every bank in town or just want to enjoy some of what you've worked for for thirty or more years...good lawnmowers cost more than that today!
I remember when you could buy a driveable piece of shit for at least $1,000, $2,000 and it's nice, this was back in the early 2000s. Nowadays, those prices have at least doubled, thanks cash for clunkers.
Not only that, but the parts supply vanished too, thanks to the cars being crushed.
and we also paid more than $20k for each $4k check to be written. Money that was siphoned off by politicians and their friends.
we paid 5-6x more than cost to incentivize people to hurt a market. Go team!
Of course, anyone who keeps 5 grand in a bank is nuts to begin with even without this bullshit.
Purely out of curiosity...where would you advocate keeping it instead of a bank?
I might learn something here...
I bought a Plano series 3400 Waterproof Stowaway box and placed cash and a desiccator pack inside. I put that box in a Plano Series 3700 Deep Waterproof Stowaway box. I put that inside a ziplock freezer bag and buried it outside. I showed my brother where in case of sudden death or dementia.
My garden is wealthy, and well armed, too.
The banksters need to repay us.
Everyone needs three types of stashes:
1) Close/Alert. In the house, somewhat hidden.
2) Deep/Urgent: In the house, or garage, hidden well.
3) Buried/TEOTWAWKI: "Dig in case of emergency."
Too many still think that it is the "land of the free" and not of tyranny, and their stash is safe in the house. Wrong.
A surprising amount of gold, silver, or cash will fit in a standard mason (canning) jar. A quart jar is almost the same size as a 4x4 wooden fence post. Pick a fence post on some property, pull the post, dig the hole a little deeper if needed, put in the sealed jar, and replace the post.
While most metal detectors don't detect well to a depth of 4 feet, there are some for which such a jar would be akin to a lighthouse beacon. Make the "jar" a piece of capped/threaded iron pipe, and place a dozen other pieces of iron junk in that area...and you'll stand a chance of it not being found if they decide that you have it and they want it.
Of course, anyone who keeps 5 grand in a bank is nuts to begin with even without this bullshit.
Evidently you haven't run many businesses.
It is just as evidential that your business will fail during the next Credit Crunch as it will lose most of the liquid assets since Bail Ins are authorized....when you keep your currency in a bank.
So you are going to allow your bank to take you, and your businesses, down with them?
Fucking brilliance. You are so damned brilliant. Man you are just so...so...so dazzling.
And yes...The next Credit Crunch WILL HAPPEN. Nothing was fixed. It was only exacerbated.
Pleeeeeze Yellen. Raise those rates and destroy CH1. Crash that Bond Market, seize up the Credit Markets. Absolutely destroy him. He deserves all that is coming his way. Pleeeeeze Janet. You can do it. I know that you can.
(I am mean??? DON'T TELL PEOPLE TO KEEP THEIR MONEY IN A FUCKING CORRUPTED BANK. Yes Janet is one corrupted bitch. And YOU DESERVE IT IF YOU FLLOW YOUR OWN ADVICE. You deserve it even if you do not keep your own advice since you are dissuading others from removing their deposits.)
The US Government seems to be overrun by fat lesbian looking women. Never a good thing.
Why can't we get hot lesbians?
Surely they must exist.
Haven't any of heard about FATCA? Do you even know what the fuck is going on? You write about your guns and beans and bottled water meanwhile your fellow citizens are trying to make a fucking living some of them outside of your Peoria city limits mentality, trying to promote US trade abroad and they are being ass-raped while you sit around complaining about the price of gold and free access to abortion.
Wake the fuck up.
What, you think liberty-minded individuals able to make a choice would live in *Illinois*m? You must be a Noo Yawker, so ignorant!
You know that golden iWatch means status when the purchase comes with a mandatory 5-7 year sentence.
More of the same... France about to limit cash payments to €1,000... Banks will also have to report any cash withdrawl higher than €10,000 to money laundering services...
All of this is obviously intended at fighting terrorism. I feel safer now....!
Yup, France is at 1000 for residents. 10K for non-residents.
Spain is at 2500 Euro.
Germany, Belgium, Netherlands, Luxembourg, Austria, etc etc etc are still "no holds barred"
https://www.youtube.com/watch?feature=player_embedded&v=QCM7rMIqxmk
Of course anyone who keeps $5,000 at home is subject to civil forfeiture.
Big Fat Cunt......
Its amazing to me just how many of them are in top positions...Hillary, Napolitano, this gal...et al...unreal
They don't let them move up the male clubified food chain of the power hungry in the private sector, so they wind up in big government. Who are they? Women have the psychopathic megalomania. It is not just men.
and they all just so happen to look like butch dykes
Look like?
your right. they probably went full on chaz bono
Why do dykes look like each other .
Answer : They rub off on each other
Dup
They are eunuchs of the chinese royal court
http://en.wikipedia.org/wiki/Eunuch
Post-menopausal America... be afraid, be very afraid.
Truth. When the baby making hormones dry up look out.
'Cause then women stop living to please other people and are just as self serving as men.
Notice how all the hot women are never in positions of power in gubmint? That's probably because the pols notice them and install them in positions of power in gubmint beds.
hmmm excuse me! Did you just call this hero GAL! The next step is stun guns fired out of ATMS - you will be first!
Signed,
Big Fat Cunt