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Run On The Bank? Americans Could Lose Their Deposits
You know it’s bad when Yahoo.com features a story about fiscal armageddon
Paul Joseph Watson
Prison Planet
Tuesday, September 16, 2008
You know things are bad when Yahoo.com, the most trafficked website in the world and usually a purveyor of mindless celebrity gossip, cooking tips and dating advice, features a top story about how Americans could lose their bank deposits following the collapse of Lehman Brothers.
For the Internet giant to prominently report that there is already a “slow motion run on banks” is indeed a landmark event, and precludes even the most ignorant American from claiming they were not forewarned about the unfolding economic catastrophe.
The article points out that although the Federal Deposit Insurance Corp. guarantees individual accounts up to $100,000, the FDIC fund only has about $50 billion to “insure” about $1 trillion in assets across the nation’s financial institutions.
(ARTICLE CONTINUES BELOW)
When Americans realize the fact that banks are “going to run out of money”, the article nonchalantly states, a run on the banks will accelerate.
The warning comes from top economist Nouriel Roubini, of NYU’s Stern School and RGE Monitor, who correctly predicted the severity of the credit crunch. Roubini says there is already a “slow-motion run on retail banks” occurring nationwide.
He advises that people with accounts over $100,000 in value should at least spread them out among different firms.
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The use of such inflammatory language like a “run on the bank,” especially from the most visited website on the entire planet, is phenomenal and other news websites as well as financial advisors have been cautious to use such terms in an effort to prevent panic.
For example, we read in today’s Seattle Post Intelligencer that, “Sara Hasan, an analyst with Seattle’s McAdams Wright Ragen Inc., said she didn’t even want to use the word “run” — as in “run on a bank” — during an interview, because “these are very touchy times.”
Other advisors are more up front with their warnings.
“First off, go ahead and make a run on your banks. If you have money with a brokerage firm or bank that is in trouble, get your money the heck out of there!” writes Joe Ponzio.
“In reality, I don’t want to cause a run on the banks; but, I won’t prevent one by saying that everything is fine and that you should wait until it is too late. My recommendation: Move your important savings and checking accounts to banks that have a higher likelihood of weathering the storm,” he adds.
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81 Responses to “Run On The Bank? Americans Could Lose Their Deposits”
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September 16th, 2008 at 4:35 am
So, which banks are good and which banks will not be able to weather the storm?
September 16th, 2008 at 4:49 am
Another 1929 on the way .
September 16th, 2008 at 4:55 am
TIME FOR MORE….
http://www.youtube.com/watch?v=XbrNSOxwXOM
September 16th, 2008 at 5:12 am
tick tick tick…..BOOM!
September 16th, 2008 at 5:13 am
I just had a conversation with some people and they told me, we would never be put in a situation were we would be in a bread line….we are just to powerful of a nation….HAHAHAHA friggin sheep. They said we have the most powerful military and that would solve any problem.
Weak decadent souls and going to help take down this country with their ignorance!
Step up this fight in the infowars!
September 16th, 2008 at 5:13 am
Banks seems to run amok to say at lest! It time for the Federal Reserve to be taken back by congress for them to run. Right now the fed is being run by private banks! It is time to kick them out of this country!
September 16th, 2008 at 5:54 am
Suddenly, my grandparents’ burying their money in a mason jar in the back yard when I was a kid doesn’t seem so crazy or paranoid.
September 16th, 2008 at 6:05 am
here it comes,down to the ground,if you didn ‘t see it coming,then you won’t believe me when i say,start planting potatoes…..back to the box …days of our drearies…hand me the chips.
September 16th, 2008 at 6:11 am
No point worrying about your fiat money, its not worth anything anyway:)
September 16th, 2008 at 6:23 am
OK, it has all been staged.
If on Yahoo they state “Run on the banks”, they want people to “run on the banks”. More bankrupties of banks more large financial worldwide turmoil, untill there is no money anymore to finance what?
THE INTERNET, the payments for infrastructure and wages for the institutions that keep the WWW functioning. Then everybody will be disconnected from eachother and Banking Dictators will have all the possibility to kill, do genocide and put the world to how they want it.
This complete financial meltdown is on purpose put on Yahoo and other media of them. Because it will be played out to the end, with collapse of the Internet and creation of dictatorship in USA and Europe with excuse “These are troubled times, do as you are told or we put you in jail”
September 16th, 2008 at 6:39 am
Yes, it is time. Time to move swiftly and protect your wealth. This is VERY serious. Don’t just float through the day today: sit down with your wife and work out what wealth you have, and how you are going to protect it. Draw up a plan you can both stick to. Purge out all flaky investments and expectations and pie-in-the-sky dreams. Get real basic. Only put your money where it is safest.
September 16th, 2008 at 6:55 am
Wow, That is an amazing story…..it’s a good thing i’m broke
but not having the internet or access to knowledge and information will be severely disturbing!
September 16th, 2008 at 7:19 am
To those who are suggesting that Congress take back control of the money supply, remember that the last three Presidents that even dared suggest that got a bullet in the head. But hey, these wonderful men have your best interests at heart. And when you have no money and no food and maybe if you survive the nuclear attack, they’ve got their very own home made Jesus waiting in the wings to save you! And apparently the real Jesus (junior to their Christ) is hanging out in the Vatican waiting to come out and give full support to Mr. Maitreya! You couldn’t make this stuff up!
September 16th, 2008 at 7:19 am
word to the wise. start turning your saveings into gold and silver
September 16th, 2008 at 7:21 am
FDIC has only 50 billion to insure nearly 1 trillion of deposits? I’m buying a mattress with a cash box installed.
September 16th, 2008 at 7:36 am
Get food. Water filters. Toilet paper and women products. Those will be worth more than gold and silver when there isn’t any left in th stores to buy with gold or silver. Get a gas mask.
September 16th, 2008 at 7:41 am
“When the government fears the people, there is liberty. When the people fear the government there is tyranny.” Thomas Jefferson
Our government does not fear us because there are to many sheep, willing to do what they are told and to believe what they hear from the main steam media.
Can we right in Ron Paul when we vote????
September 16th, 2008 at 8:20 am
The MSM is ONLY bringing up “run on the banks” b/c that is what they want the American ppl to do. They want a run on the bank bc that will further the collapse of this country. The MSM wants the American ppl to destroy this country. Always be careful and alert when the MSM reports anything accurate or worth mentioning….
September 16th, 2008 at 8:56 am
Do you all recommend emptying out IRA’s? Since July of last year, I’ve lost about 17% of my portfolio (let’s just say its in the 10’s of thousands). I call my so-called fund “manager” and I get a deer-in-the-headlights response — dead silence on the phone. They don’t recommend switching from stocks to mutual funds (because though my money will be safer, I “won’t get the money back” — big fuggin’ deal, at least I won’t keep losing it), and they tell me to stay the course. Well, I’ve been “staying the course” for a year and a half and I’m losing my F’n shirt. I think I’m better off taking my money out, paying the penalty, and I’ll invest in real estate which is cheap where I live. Any suggestions?
September 16th, 2008 at 9:30 am
The times of heavy metal – lead and gold will rule.
September 16th, 2008 at 9:35 am
Yeah,
Trouble happens to be that if there is a run on the Banks, you’ll only receive a Cashier’s
Check to bring down the street to the next Bank that might also fail. Remember, there
is ONLY about $900 Billion in Federal Reserve Notes in WORLDWIDE circulation. So,
we probably only have around $450 Billion in Federal Reserve Notes in US Banks.
So, if you want to put that Cashier’s Check in your mattress, be my guest.
September 16th, 2008 at 9:40 am
No comment.
September 16th, 2008 at 9:51 am
This is the end of the line folks. Either you stand up and be counted NOW, or the US is finished.
BushCo are preparing something very nasty for you soon, and I very much doubt we are going to make it to these elections on current trajectory.
This is the time to FIGHT!
http://www.ukcolumn.org
September 16th, 2008 at 9:56 am
I’ve been predicting this for 3 years….. and suspected for 10 years. It is planned and orchestrated. Why everyone is surprised defies explanation. The only thing that is surprising to me is that you voted for this and when you had the chance to correct that mistake you voted again for the same…… and now 50% want to vote for it again……. now that is surprising!
Google: Zeitgeist/Loosechange/Endgame/Terrorstorm…. etc
September 16th, 2008 at 9:57 am
I worked for BofA briefly a couple of years ago and one of the first things that they told us during training was that money doesn’t exist. The money in your account is fictitious, even according to the bank!
September 16th, 2008 at 10:00 am
Building Six has a VERY good idea…..
September 16th, 2008 at 10:05 am
On a brighter side, now that the US is insolvent and the jews cannot exploit wall street to finance israel and the israel lobbying of the US government the zionist controls over the US have just loosened and its only a matter of time before the US nationalism replaces zionist control.
The US now has the justification to say no we cannot afford more foreign aid for Israel, no we cannot use more foreign aid to bribe the world into turning a blind eye to Israel, no we cannot spend trillions of dollars on a foreign war because Isreal commands it.
How long it will last I dont know but the jews like Milton Freidman, Greenspan and the jewish neocons have been sewing these seeds for atleast the last 25 years.
They say if the jews arent proactive then the price will be the next holocaust but if their protectors and benefactors are bankrupt or feeling betrayed and exploited then the next holocaust was created at their own hand.
September 16th, 2008 at 10:05 am
From now on, I’m going to deal more with cash and get away from relying on an debit card to pay for everything. WHo knows, any of us could wake up one morning and find our bank under government control and who knows how long before FDIC will (or even can) pay the money back?
I’m not sure gold and silver are really great for most people to invest in. How do you make change for a gold coin? I agree with that other guy, buy a good water filter distillation kit and storable food.
September 16th, 2008 at 10:07 am
Its all paper!
September 16th, 2008 at 10:15 am
“The hungry Sheep look up, and are not fed,
But swoln with wind, and the rank mist they draw,
Rot inwardly, and foul contagion spread ”
milton
September 16th, 2008 at 10:16 am
if banks print the money, how can they run out… i am sick of the bullshit, how about you?
September 16th, 2008 at 10:23 am
Buy lots of guns and ammo – how come no one else is saying this? Ah, because then I’d have to really take a stand. I’m talking out of my ass though, I don’t even know how to shoot!
September 16th, 2008 at 10:24 am
Another alarmist article from nutcase Watson. Anything with this name on it is amateur sensationalist journalism. Still waiting on the attack of Iran that was supposed to have happened several months ago. . . .. .
September 16th, 2008 at 10:37 am
Quit being so STUPID. Checking and savings accounts are FDIC insured up to $100,000 PER ACCOUNT. So unless you’ve got $100,001 stuck in a single bank account someplace, the bank could fail and your money would STILL be available to you.
Banks like Lehman Brothers are INVESTMENT banks. Your local bank where you have your checking account most likely is not. Either way, your savings and checking are fine. Rabblerousers like those on this site just loooove to yank peoples’ chains and so many believe it. The problem lies in entites that have a lot of exposure in mortgage-backed securities and got greedy and over-extended themselves. I mean, what the hell did they expect when the made all those sub-prime loans without doing their due diligence?
Corporate greed is at the root of this problem, and those that are in trouble should NOT be bailed out with my tax dollars!
September 16th, 2008 at 10:38 am
“does it matter” – banks don’t print money!!! Are you living under a rock???
That’s what the federal MINTS do? Ever heard of those???? DUHHHHHHHHHHH
September 16th, 2008 at 10:52 am
In the beginning God created money and the banking system; Life on earth is and always was totaly dependent upon man-made monetary systems and economies.When the markets fail even the most basic biological drives shut down.Without cash,food will cease to grow,the sun probably will not rise in the morning and even the wildlife will go into permanate hibration.Without peices of paper and coins with engravings of dead poloticians on them Gods creation becomes useless and obsolete.Sadly the creator did not have the forsight to create trees from which money would grow.
The above sounds absurd because it is. However,scociety functions as if the above were true.Humanity as a whole has lost any meaningfull connection with nature,reality,and the creator of the said.
How many of us understand that long before the creation of money and market economies humans hungered and ate,thirsted and drank,felt the discomforts of exposure and sought shelter,expereanced desire and sought mates,indeed who knew that life exsisted before money ?
When all is said and done ,money is both a symptom and symbol of mans hubris.Through the creation and use of money man claims ownership over creation,as if he were the creator and not the created.Pride of course is followed by a fall.Ironicaly it is by use of money,that mans natural right to life, and the substaining of life is lost.More” primitive”people were privy to take a living from creation,not owing anything except thanks to the creator.Modern man no longer has a right to live,his living must be earned,earned from the self proclaimed owners of creation,via money.The famous American Indian Cheif;Seattle ”I am not sure of the proper spelling’’sums up much of what I have said much better than me.
To bad for humanity that it is too late to change our attitudes and or the way we relate to creation.We are going to have to learn the hard way that we are not the owners of creation,nor can we ever truly seperate ourselves from nature.In the coming decades millions will likely perish thanks to our collective folley.The supposed command in the bible”To Have dominion over”was not a command to own and destroy,but rather to care for in a fearless ,respectfull manner.The best way to care for creation is through thrift,taking what what is needed from creation to substain life without destroying the life of creation.The lure of money has facillitated destructive greed,waste and a gross disregard for creation”including human life”to the point of no return.I sometimes wonder if the evil desighns of the elite to cull as much as 90 percent of the human race,is in actuality the creators way of purging creation from those bent on destroying creation anyway?God is certainly capable of ensuring that good is the ultimate result of even the worst of evils.Regardless of the exact details,now is the time to prepare for the coming decades of hardship.Good luck to everyone.
September 16th, 2008 at 11:15 am
For those that still don’t get it, remember the that youthful game of musical chairs where there’s not enough chairs for all the players but as long as the music keeps playing ( analogy to the continued lies and economic propaganda) there are no losers only participants. The reality is this children, of all the “DOLLARS” in “existence” most of these are only digital aka checkbook entries in computers throughout the economy, the minority of these are physical paper FRN’s. when there is a run on banks this minority of paper FRN’s disappear rapidly and to call into physical existence the majority of checkbook dollars to keep the economy from grinding to a halt lets the hyperinflation genie out of the bottle, thus exponentially more “dollars” chasing fewer goods and services, prices go to the stratosphere. When this happens wheel barrels will be all the rage’ School is out kids! this socialist monster the “Federal Reserve” and its pseudo-government accomplices don’t give a damn above you! its time to grow up, move out of your parents house and stop looking to the government to save you, were you asleep during 9/11 and its aftermath, or how about Hurricane Katrina. Its time to take responsibility folks, and the first place to start is by looking in the mirror. May God have mercy on us all.
September 16th, 2008 at 11:16 am
have no need to buy alot of stuff it impowers them if you freekout if you are thinking of liveing in the woods just think about how manny people are thinking of doing the same thing lol the woods will be full of crazy peoples …
September 16th, 2008 at 11:17 am
@ 35,
It’s actually per depositor, not per account. If you have $300,000 in 3 separate banks accuonts, each with $100,000 dollars in it, then you will only get $100,000 from the FDIC–not $300,000 for all three accounts–because you are the same depositor on the three separate accounts.
September 16th, 2008 at 11:20 am
The Federal reserve prints the money and it IS NOT A GOVERNMENT AGENCY! IT IS PRIVATLY OWNED!
September 16th, 2008 at 11:26 am
Money is a commodity ,it is what banks sell , you should have no money in your account and have all you Monetary wealth in tangible assets, gold , silver , Platinum, diamonds , real estate , art , remember in the old days your dollar bills were redeemable for its value in silver /gold but now find that anywhere on that bill , it has no value , wake up and smell the coffee folks !!!!!!!!!!!!!!! before its too late !!!!!!
September 16th, 2008 at 12:03 pm
It’s time for people in masses to start lobbying their local congressman with Larouche PAC’s Homeowners and Bank Protection Act.
http://larouchepac.com/hbpa
I also recommend sending DVDs or the link to the movie to people of LPAC’s movie “Firewall in Defense of the Nation State” I havn’t seen a more detailed movie yet, in regards to the true state of our economy, and how it copies Wiemar Germany’s hyperinflation.
http://larouchepac.com/firewall
And for additional information on the American System of Economics as proposed by Alexander Hamilton, carried out by Abraham Lincoln and Henry C. Carey, and later FDR during the Great Depression I recommend “1932: Speak not of Parties… But of Universal Principles” on the LPAC website too.
And the Harvard Yard is yet another movie by the members of LPAC about the subversion of the American educational institution, dating back to the Revolution itself. Harvard was the 1st university of the 13 colonies, so naturally just as it is on here, and today, it was then too… an info war, and the destruction of our education contributes to that.
and heres a new 12 min film from LPAC with background information on the California budget crisis and who is behind the whole thing…
http://larouchepac.com/news/20…..risis.html
September 16th, 2008 at 12:05 pm
It’s daft for conspiracy theorists to play the banker’s game for them. Both the boom and bust were engineered so the wise guys could make a fortune and the peasants pay for it. Alan Greenspan is the name.
September 16th, 2008 at 12:06 pm
I have bee checking this guys website for a while and allthough i often think hes vague hes also often right on the money, check it out if you want.
http://newprophecy.net/secondhome.htm
September 16th, 2008 at 12:19 pm
Nescio,
How can he be vague, but right on the money? You are claiming he is ambiguous, and precise at the same time. . .
September 16th, 2008 at 12:26 pm
I’ve heard aluminium is fetching a good price down the scrapyard.
September 16th, 2008 at 12:34 pm
Neocon conversation prior to newest Stock Market Crash:
Cheney – “Wow I am glad me and my buddies took all our liquid assets out.”
Bush – “Lets hope the Americans dont figuire out what our plan is, Impeachment will be the least of our problems…(in a slightly drunken manner)”
Cheney – “For once Bushie your right, wanna join me in my bunker while I wait this one out?”
Bush – “No Dick, you do all the Dick work and I do all the TV work remember?”
Cheney – “Well I didnt want you to think I was inhuman or that I was gonna shoot you in the face or something…”
Bush – “Right… now should I get on TV and say ‘Please America spend and buy more… your economy needs you!’ maybe they will believe it once more.”
Cheney – “Lets hope my secret society friend, lets hope…”
September 16th, 2008 at 12:56 pm
Kshatriya says, better check out big John Lipscomb’s 5 stages of the economic collapse, you will see where you stand and how ready you are with regards to wealth, credit, job, food, knowledge etc…, what was important in stage 1 is worthless in stage 4 or 5. If you dont have 7 years of heirloom seeds, a doomsday water-filter, and 6 months or so of canned food and/or freeze-dried/dehydrated food to tide you over untill you can harvest a crop, if you do not have these things, then you are set up for third-world style suffering for you and your family. We are rapidly approaching stage 5, in stage 5 all your credit cards, stocks, bonds, mutual funds, healthcare plans, and $200,000 homes wont amount to a can of Bush’s baked beans. For your family people, do it for them, for gods sake dont just sit there and do nothing. Get your seeds, get your can goods, get your cold weather gear and emergency medical supplies. There are plenty of good links on Prison Planet that will get you going in the right direction. I recommend Survivalistseeds.com, DontTreadOnMe.tv, Patriotfood.com, and Doomsdaywaterfilter.com. Big John is the real deal and he barely makes 2% profit on his sales because he wants to help families get ready for the unthinkable. Check him out, or get your stuff somewhere else, just start getting it or you will have to be chipped to get a block of government cheese, and your family will ask why didn’t you prepare when you knew the economy was going to collapse. What will you say? Stop buying non-essential items and use the money to GET YOUR SEEDS, GMO SEEDS WILL MAKE YOU SICK !!!!!!!! HEIRLOOM SEEDS WILL SAVE YOUR LIFE !!!! SURVIVALISTSEEDS.COM GO.
September 16th, 2008 at 1:01 pm
It is going to be a very very tough christmas. There was never any money, the dollar is exactly like toilet paper except it has ink and some images of masonic stupidity. I am shocked that people are surprised that all these Ponzi scheme- banks are falling like dung into a pit latrine. For the confused, ask your brains What do these banks actually do apart form forging documents and getting the politicians to allow them print more toilet then use the soiled paper to buy what people who actually work produce. For the record, the entire US economy is based on opening Containers from china and selling the junk to zombies with credit cards. The only good thing that should really happen is that the economy should totally fail.Yup! Some vain people will stat crying becuase of what I have just written, but take heart, 99% of Americans can survive aving no banks on the high street that does not lie like GW BUSH.
September 16th, 2008 at 1:08 pm
Kshatriya has it right. If you are waiting to hear CNN tell you the truth about the shitstorm we are headed for then it will be way too late to help yourself. Even a small amount of preparations will put you ahead of 99% of people. Food, water, and physical precious metals are what you need.
September 16th, 2008 at 1:14 pm
Fuck money…we need to remember how to live without it. The system is crashing people…that’s undeniable. But don’t panic…embrase the collapse. The system is unhealthy and it is killing us and the planet. We have a much better future without it. It’s a good time to start walking away. OneLuv! Respect!
September 16th, 2008 at 1:43 pm
Waaaaahhhhhhhh! Now I can’t go buy more plastic crap at walmart! What about Christmassss? I wanted another SUV and a Gucci bag! WAAAAHHHHHH!
….and the LEVY WAS DRY! LOL
September 16th, 2008 at 1:53 pm
@HiFly
Damn I bet Cheney is hiding in his bunker 12 miles undergound saying, “You will never catch me alive.”
September 16th, 2008 at 2:23 pm
Heya Kshatriya,
Thanks for the pointer! I just ordered my Family Pack of 12,000+ heirloom seeds, and the 2 free DVDs that come with it!! What a GREAT bargain, and will make a GREAT addition to my very large stores of dried beans, rice, lentils, canned goods, Berkey water filters, and other assorted supplies!!
Thanks again for sharing, what an awesome deal! Stay safe everyone, the shit is hitting the fan!!
(p.s. I have no idea who this person is, but after reading my response I look like I could be mistaken for a “shill” for these guys. Nothing could be further from the truth. I just think that $168 for 12,000+ heriloom seeds, delivered, is an awesome deal, and it comes with some valuable DVDs too…how to grow a patriot garden and how to build a water filter. I’ve been wanting to do this for a few years and never thought I could afford to get heriloom seeds (much less WHERE does one go to get them reliably?). If you can’t grow your own food, you’re f**ked when it all comes down.)
September 16th, 2008 at 2:25 pm
The number of corporations dominating the US mainstream media:
1983 = 50
1993= 14
2007 = 5
What weve got here is a failure to communicate….
See only what they want you to believe, that is the corporate way
September 16th, 2008 at 2:27 pm
If AIG goes down (without a bailout) the fur will fly from within the monster.
September 16th, 2008 at 3:01 pm
The financial wealth of the top 1% of households now exceeds the combined wealth of 98% of households. That’s 1% having more wealth than 98% combined! The US now leads the industrialized world in inequality of wealth.
September 16th, 2008 at 3:33 pm
“There are two ways to conquer and enslave a nation.
One is by sword. The other is by debt.”
– John Adams, US President
September 16th, 2008 at 5:06 pm
Hey HarmFamily, good job man, 12,000 heirloom seeds + patriot garden DVD+Doomsday waterfilter DVD for $168 bucks is a once in a lifetime deal. Every family in the survival movement should take advantage of Big John Lipscombs offers. He also has 3,000 heirloom seeds for around 65 bucks for people who cant raise 168 bucks, which is VERY cool of him. Check out Big John’s radio show at DontTreadOnMe.tv, you can hear archives on Republic Broadcasting Network and American Voice Radio aires the show twice a day. Oh yea, HEY SHIN, I checked out DEPROGRAM website, its pretty frickin impressive man. The documentary/film links are awesome! Is this your site SHIN? One more thing all you patriot dudes out there,if you want to see the ideal survival-patriot super-hottie lady (not “R” rated) strictly “PG”,then go to DontTreadOnME.tv and click on “Testamonials”, click the video link that pops up and see such a fine lady that really pours out her heart to the patriots and tells about how she is trying to wake people up and stuff like that. The world needs more tough women like her.
September 16th, 2008 at 5:15 pm
And this money would end up into the pockets of the Rockefellers and Rothschilds…
September 16th, 2008 at 5:43 pm
Thanks Kshatriya, your the Man/Woman/Person… I have been preparing since my family almost died from the 2004 hurricanes in a collapsing house, we made it out in a fraction of a second… I had a series of dreams in detail including moving three times with three white cars that we didn’t even own, nor did we even live in the house that colasped… The day we moved in I told my family this was the place of my dreams and gave them detail and it happened four months after we moved their, my dreams come true on a daily basis including dead car batteries, flat tires, and getting bit by bee’s in the exact spot I dreamed the night before. My family is frightened of what I tell them because I often tell them what will happen in the morning before the leave, those are my short term dreams… I’m not sure you want to hear my long term dreams, but they are being fulfilled daily a bit at a time, and by now, anyone with even one eye open and an ounce of common sense could foresee it at this stage… We are already set up energy-wise (solar,wind, my own solar parabolic water distiller design and other), I have been stock-pilling food, and started growing my own veg’s this year(I was raised on a ranch/farm so it comes easy)… Also we are well armed with other alternative means of boundary protection… I would like to thank you for your links, you are a good person to pass this info along to others… And in regards to this article, I hope Warren Buffet bites the dust… did you know he lives in Israel?
September 16th, 2008 at 7:45 pm
Let the money hungry fools saliva tat toward their demise…They are empty souless humans who are trying to bring the good down with them…I have compassion and empathy toward my fellow man…iM SELLING MY THINGS TO BUY FOOD AND SHELTER TO THE HOMELESS…LEARN THE ART TO FAST AND PUT INTO PRACTICE YOUR SURVIVAL SKILLS….iM A wOMAN AND HAVE TAUGHT MANY….pREPARE TO BE IN YOUR BEST SHAPE EVER TO SURVIVE THE CHEMICALS AND THE STRESS THAT IS SURE TO COME…yOUR SAFE HAVEN IS IN YOUR MIND AND ATTITUDE AND NEVER LET NO ONE OR ANYTHING GET BY THE SECURITY GATE…iTS SACRED GROUND…bE INTO YOURSELF AND NOT IN THIS WORLD WHEN IT COMES…iT WILL MAKE IT PEACEFUL AND COMFORTING..
September 16th, 2008 at 8:46 pm
I will be more than happy to give BIG BROTHER everything I have.Bullets first.No fuckin’jail,no way no how;not at 70.
September 16th, 2008 at 10:01 pm
Why not take your money out now and put it in a safety deposit box, leaving only enough to live on until next payday? When and if your account grows again, repeat step one.
September 16th, 2008 at 10:56 pm
Before we save any more rich scum , could we make sure the old folks and kids have enough heat and food this winter. They deserve to freeze and starve to death alot less than the rich scum deserve to be safe guarded in their casino-by-another-name wagers.
September 17th, 2008 at 2:12 am
They want the economy to fail, That is why they are slowly upping the public fear, even though we have been running on empty economically for the past 20 years. It is all apart of those who control the fed banks, restructuring of the world.
September 17th, 2008 at 3:09 am
If I were in USA, with money in the bank, I would take them out now before too late, and buy gold.
September 17th, 2008 at 3:23 am
i can’t say that im not surprised. Our country is slow being destoryed… I’m gettin worried. you know if we brought our boys home, we could save billions of dollars a day!!!! just putting it out there….. were getting to the point where our country is going to have to stop using credit cards (our debt is way to high) and pull all the money out of the banks. I say run run run with ur money as far as u can, its not worth the risk of losing it all.
September 17th, 2008 at 8:13 pm
Question;
If we pull out all our money… will it be worth anything after the collapse of the dollar?
I have a money market account and it scares the heck out of me to think of loosing it all!
Should I transer this account into a credit union or should I buy gold?
Any suggestions would be great.
God Speed!
Isabel
September 17th, 2008 at 9:11 pm
Amerika is finished…and they did it to themselves! Needless wars and shipping jobs offshore have turned it from a producer society into some parasitic leacher. Done! This is Asia’s and Russia’s turn. The EU will survive too. But America? All they will do is create more war helping the parasitic state of Israel.
September 18th, 2008 at 5:41 am
General Zan, thanks man,your comments really made me feel good,and sometimes that can make a big difference,your prophetic dreams are a gift,i would like to know the long-range dreams you have. Thanks again, and keep fighting the good fight! Your friend, Kshatriya.
September 18th, 2008 at 5:45 am
Rockmachine, banks are actually letting the feds loot people’s safety deposit boxes. Better hide that gold,silver and cash in your OWN private safeplace. Stay strong RockMachine!
September 18th, 2008 at 5:54 am
Isabel, Please check out Survivalistseeds.com, Big John Lipscomb lays out the 5 stages of the economic collapse, here you will find the answer to your question about how and where to put your money. Its not like “buy guns and gold” you know, it is very technically sound financial advice based on different facets of sociopolitical-economics. Big John has even more info at DontTreadOnMe.tv, and his own Solutions-based anti-NWO, Gandhian people-power movement to teach us how and what we can do EVERY DAY to help save first our own family and next our beloved USA. Please check it out.
September 18th, 2008 at 10:47 am
Could this be the beginning of a repeat of the other Great Depression? It also happened in September (1929) but was not actually felt in its full intensity until early in 1930 (thes were the days of my mum and nanna’s youth) is what family members told me about that Black Friday. This one came on another day of the week — Europe is also especially vulnerable and the Asian market, with the exception of Tokyo is already feeling it. The Tokyo market has invested much of its own money (billions of dollars worth according to the BBC World Service) to keep their investors from panicking but billions were lost here. I hope we can avoid the financial grab felt in Argentina in the late 80’s and early 09’s. Looks like the time is right to tighten the ol’ belt America…
September 20th, 2008 at 12:01 pm
Dear FRIENDS,
1st greetz from Germany.
now I´m watching for a long time, what happens with the financal system….
BUT in your situation, I can´t understand, why you leave AND TRUST YOUR MONEY to save it for you??????!!!!!!!??????
See the bank failures ….and the bail outs….now the SUPER BAILOUT….and the bailouts that come and the failures of banks that come…..
The ONLY solution for each individual is to buy Gold to resist that, what WILL COME. But Gold is NOT OPTIMAL for you….because they can forbid it as they had done before!!!! Silver for you is more optimal, BUT..IT IS NEARLY SOLD OUT!!!!!!!!!
…So go and save yout money!!!!! TRUST NO BANK AND NO OTHER FINANCIAL INSTITUTION!!!!! They only want your best….YOUR MONEY!!!!!
To explain everything is to difficult and my english is not good enough!!!
BUT THERE ARE SOME OTHER BOMBS in the system that can explode every day…..!!!
Save your money AND BUY STORABLE FOOD before it is to late!!!!!!!!!!
THEY WILL NOT TELL YOU WHEN THE FINANCIAL MELTDOWN BEGIN!!!!!!
BE PREPARED AND TRY TO BUY GOLD AND SILVER…if you get it and have some money!!!!
The times and Paulsons PLAN will INFLATE THE DOLLAR!!!!!! Thats sure!!!!!
Wish you the BEST
A FRIEND
September 20th, 2008 at 9:11 pm
“Save your money AND BUY STORABLE FOOD before it is to late!!!!!!!!!!”
This is sound advice. Buy food, water, and basic emergency supplies. You can’t eat gold and silver. Have cash on hand to pay your monthly bills for a couple of months if possible. You should have a fire arm. Blah blah blah. You know the drill by now. Stay strong.
I think the gov. wants to set up bread lines, but I don’t think you’re going to want to eat that bread. That’s my gut instinct.
September 22nd, 2008 at 7:48 am
Our greed has finally got the best of us. A society which has consistently tried to erase its moral base for more than 40 years is finally paying the price of becoming a society with no financial ethics or morals. If we don’t return to our moral and spiritual roots as a nation, then this economic collapse is simply the beginning of the end of life as we enjoy it. Furthermore, we cannot excommunicate God from our daily lives and still expect Him to bless us or protect us from our own folly. Of course, prepare. Be ready for worse. And get your own heart right before God as your first step. Nothing else will work right unless the heart is right. Ask forgiveness of Him. Ask Him to use you to bring change and good into your world. Ask that His son Jesus be your personal saviour. God protects those hearts/souls that humbly and sincerely place themselves in the shadow of His wing. He just does. He’s God. And He takes care of His own.
September 22nd, 2008 at 1:54 pm
“You can’t eat gold and silver”
No, but you could sell it or trade it and get food and water. This is the whole point.
I dont think you understand Gold and silver, as a store of money. You store iyour money in Gold /silver until you need it.
September 23rd, 2008 at 11:32 am
Correct: Convert your dollars into food / water filter(s) / basic commodities and larger amounts of cash into gold and silver. Also, following T. Russell Benedict comment, make sure you are right with God. Do whatever it takes, and know this – if you have a heart toward asking God into your life – it is God enabling you. God’s enablement proves that God loves you and is bringing you home to him. While we are doing all that is obvious to stop evil, we are not worried because we know God has the whole situation in hand. Get yourself right, tell others of your hope, and join the fight to establish righteousness.
October 7th, 2008 at 3:16 am
THE CRISIS IS MANMADE GET YOUR CASH OUT OF THE MARKET NOW> TRUTH DISGUISED AS CONSPIRACY THEORY IS THE ORDER OF THE DAY> RESEARCH FOR YOURSELVES WHATDOESITMEAndotcom sorry my computer is hacked> other good sites center for global research cutting edge ministeries ronald weinland and uaffdotus best< pam
October 7th, 2008 at 6:51 am
You guys are absolutely right- let’s all hit the PANIC button right now. That always helps. No matter what the emergency, the best thing to do is react by hitting the PANIC button and running around like our asses are on fire. I agree completely. Good thinking, all!