Gentlemen:
Just received a call
from a highly agitated bank manager who stated that
within 60 days, banks will be greatly reducing their hours, days of operation,
amount of withdrawals and a requirement to fill out "paperwork" if
the amount is questioned by bank officials. Unless the form is completed, money will not be
disbursed. What really irritated this manager is that after hearing our statements on the air, and receiving years
of assurance that our positions and contacts were so much bravo sierra, now he
hears from corporate people that it is apparently true after all. He
said, "screw them, grab the money while you can."
The
parameters given were banks open two days a week for four to five hours with
below minimum staffs, increased security and greatly reduced amounts of actual
cash in the vault. Amount of withdrawal will be held to $500-2000 per day per
customer account--not customer. So my account could only have either my
wife or I withdraw, not both. That level could
change at ANY time.
There is no plan (at
least known) for automatic confiscation from accounts--yet, and he said that the banks hold the "ownership" authority and final
disposition of any items found in safety deposit boxes. (surprise, surprise!)
Withholding mortgage payments could result in expedited (30) day foreclosures
and 15 day Sheriff's locks on your front door.
The
Federal Reserve could and will initiate other more draconian restrictions on
all aspects of "private" banking and access to any property held by
banks. It could include forfeiture of your primary (paid for) residence if your
summer cottage has a mortgage and you fail to pony up to keeping it current or
any forthcoming restrictions on your accounts.
Clearly,
the only option is to close accounts or only keep funds that can be paid
instantly to keep electric, water, or other critical accounts paid. Cash will
be drying up---so, unless people hold precious metals, bullets (the new
currency) or medicines, etc., you are screwed. Barter will be king.
As the Colonel said
yesterday, "the universe is contracting into the black hole. There is no
way to escape its pull." (Political/economic/social order black
hole)
Received at 1545 hours
20 March 2013
The Lawman
20 March 2013
The Lawman
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