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Old February 22nd, 2010
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Sundance3 Sundance3 is offline
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Still trusting your bank?

It is almost funny. For years, people warned others of the frailty of the economic system and the scam that is fractional reserve banking as brought to you by the Federal Reserve Bank. And those people were ridiculed and labeled as "conspiracy theorists". Well, some very large banks, banks "too big to fail" lost/stole most of their depositors money. No one went to jail. The government started talking bailout, and the people overwhelmingly said "No". But the government did it anyhow. They forced taxpayers to borrow hundreds of billions of dollars, to give to banks in order to replace the money that the banks had lost once already. And now, those same banks will not lend any money, which is holding back any recovery.

Since the Federal Reserve Bank was created, for the purpose of maintaining the value of the dollar, the dollar has lost 98% of its value.

And now, read this...

http://www.prisonplanet.com/citigrou...thdrawals.html

The nations 3rd largest bank,Citigroup, has sent out notices that read:

"Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change.”

Citigroup says that the Federal Government required them to do it, as if that is supposed to make people feel better. It is bad if the Government did not order it, it is worse if they did.
I suppose no one has a problem with banks requiring 1 week notice to take out money?
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"Those who make peaceful evolution impossible will make violent revolution inevitable"...John Kennedy


"...But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security."

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Old February 25th, 2010
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sounds like it's time to change banks.
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Old March 2nd, 2010
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That is like switching seats on a plane that is about to crash.

The system we use stinks. It was written by bankers, for the benefit of bankers. The Treasury should issue money that is backed by gold or silver, as the Constitution clearly says.
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"Those who make peaceful evolution impossible will make violent revolution inevitable"...John Kennedy


"...But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security."

The Declaration of Independence
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