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Post by Michael Downing on Jan 29, 2013 10:14:16 GMT -5
From David at NC Renegade... Still got your money in a 401K. Still in the banks invested in 01's and 00's. Look to tangible assests. Beans, band aides and bullets if you can find them... ncrenegade.com/editorial/bank-run-in-progress-massive-114b-withdrawn-from-25-largest-us-banks-first-week-of-january/BANK RUN IN PROGRESS? MASSIVE $114B WITHDRAWN FROM 25 LARGEST US BANKS FIRST WEEK OF JANUARY!SD contributor AGXIIK warned readers months ago about the FDIC’s expanded deposit insurance which was set to expire Dec 31st, predicting that the expiring expanded deposit insurance enacted in the wake of the 2008 financial panic could trigger a bank run. Many scoffed at the report and its implications, due to the fact that the story received zero attention by the likes of Bloomberg, CNBC, or even ZH. It appears that the expiring expanded FDIC insurance has in fact triggered a massive deposit withdrawal at the nation’s largest banks, as the Fed is reporting that $114 billion were withdrawn from the largest 25 US banks over the first week of January, the largest fund outflow since the 9/11 attacks, even exceeding the pace of the outflow during the 2008 financial panic!
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Post by Deleted on Jan 29, 2013 14:04:17 GMT -5
Actually, there are many who feel that the massive withdrawals were by American millionaires fleeing the country because of the new punitive tax structure aimed specifically at them by the Feds as well as a number of States. Phil McKilsen is famously quoted as saying he is reviewing his options now that he has to pay 64% in State and Federal taxes.
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Post by safetalker on Jan 29, 2013 14:52:38 GMT -5
regardless this is what they did in 1929 to close the banks. If anyone has any paper assets that can't be withdrawn you should begin backing up the evidence and collecting the written agreements in case they decide to take their marbles and go home.
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Post by safetalker on Jan 31, 2013 22:36:53 GMT -5
Has anyone seen the Rockefellers lately?
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Post by Cujo on Feb 1, 2013 7:09:10 GMT -5
Has anyone seen the Rockefellers lately? Last seen hiding in a gold mine with the Rothschild's.
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Post by midnightrider on Feb 1, 2013 9:28:10 GMT -5
We followed Ann's advice a couple yrs ago. Drew all out and borrowed against that which the corp. wouldn't allow us to draw out. As I stated before, it cost us penalties and ALOT of interest, but what we have is under our ability to protect. Physical assets! Lord willing I will see y'all at the PATCON.
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