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be ready for a one-week universal shut-down of the banking system

Bad Mamma Jamma

User ID: 38526

United States

10/01/2008 10:39 AM

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Report Copyright Violation be ready for a one-week universal shut-down of the banking system link to finance.google.com]



Reliable word that Bank of America branch managers just received a

letter or memo from the USFed instructing them to perhaps be ready for

a one-week universal shut-down of the banking system, including access

to checking accounts, savings accounts and credit cards. Reliable word

has it that BofA bank branches received a shipment of signs last week,

reading “We're sorry, but due to circumstances beyond our control, we

cannot be open at this time. Reliable word that Bank of America branch managers just received aletter or memo from the USFed instructing them to perhaps be ready fora one-week universal shut-down of the banking system, including accessto checking accounts, savings accounts and credit cards. Reliable wordhas it that BofA bank branches received a shipment of signs last week,reading “We're sorry, but due to circumstances beyond our control, wecannot be open at this time.

Anonymous Coward

User ID: 513328

United States

10/01/2008 10:41 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system I was just going to post the same regarding wells fargo. I used to work as a project mgr and my old dept is handling this issue. NICE PROJECT!

Anonymous Coward

User ID: 362931

United States

10/01/2008 10:42 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system Sounds like they wasted money on the signs. If it is a universal shut-down of the banking system, I would imagine folks would know they were not able to be open at that time.

Anonymous Coward

User ID: 489742

United States

10/01/2008 10:44 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system Please substantiate this.



If substantiated, this is OBVIOUSLY the most important news to the average American.



In my personal opinion, it has the "ring of truth".

Anonymous Coward (OP)

User ID: 38526

United States

10/01/2008 10:44 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system I was just going to post the same regarding wells fargo. I used to work as a project mgr and my old dept is handling this issue. NICE PROJECT!

Quoting: Anonymous Coward 513328





so how long do you think we have before the bank holiday arrives? How long do you think it'll be before wells fargo develops and can implement the project? so how long do you think we have before the bank holiday arrives? How long do you think it'll be before wells fargo develops and can implement the project?

Anonymous Coward

User ID: 513328

United States

10/01/2008 10:45 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system my bud at WF said they are "possibly" changing to a new computer system next week and WF might have to suspend all accounts for a week. I've never heard of any software system that takes over a week to install. Usually it's staged somewhere and then switched overnight after people have been trained.

Anonymous Coward (OP)

User ID: 38526

United States

10/01/2008 10:45 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system Please substantiate this.



If substantiated, this is OBVIOUSLY the most important news to the average American.



In my personal opinion, it has the "ring of truth".

Quoting: Anonymous Coward 489742





I can't substantiate it. It's just a rumor I've seen in a few places. Thought I'd post it here. It may never happen, or it may take months. GLP was talking about wamu a few months before wamu collapsed. I can't substantiate it. It's just a rumor I've seen in a few places. Thought I'd post it here. It may never happen, or it may take months. GLP was talking about wamu a few months before wamu collapsed.

Anonymous Coward

User ID: 433665

United States

10/01/2008 10:47 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system This could happen if Wall Street goes in FREE FALL..and we need to REORGANIZE the US GOVT.



Can you say AMERICO..



October 1, 2008



US Sends $800 Billion In New Amero Currency To China

By: Sorcha Faal, and as reported to her Western Subscribers (Traducción al Español abajo)





A chilling report circulating in the Kremlin today states that the US Secretary of the Treasury has informed the China Development Bank that the US has shipped $800 Billion of a new currency called the Amero, which is to be based upon the merging of the economies of The United States, Mexico and Canada into what is termed as The North American Union.



The current American debt obligation to China, currently based on the US Dollar, is now estimated to be the staggering sum of $2.5 Trillion, and which this new Amero will be exchanged for $400 Billion of this debt as the current American currency is set to be devalued by 50 percent before the end of the year.



Virtually unknown to the American people is that their current leader of the US Department of Treasury, Henry M. Paulson, Jr., has been tasked by President Bush to lead the efforts to join the economies of the US, Canada and Mexico and is also the head of the North American Development Bank, the bi-national financial institution established by the United States and Mexico to further the merging of their economies, and the leader of the Border Environment Cooperation Commission (BECC), the organization created by the governments of the United States and Mexico to further the implementation of the North American Free Trade Agreement (NAFTA).



This is important to note as the final provisions of the NAFTA Agreement were implemented on January 1, 2008, leaving only the final merging of the economies of the US, Mexico and Canada into a North American Union to be accomplished, of which we can read:



“President Bush is pursuing a globalist agenda to create a North American Union, effectively erasing our borders with both Mexico and Canada. This was the hidden agenda behind the Bush administration's true open borders policy.



Secretly, the Bush administration is pursuing a policy to expand NAFTA politically, setting the stage for a North American Union designed to encompass the U.S., Canada, and Mexico. What the Bush administration truly wants is the free, unimpeded movement of people across open borders with Mexico and Canada.



President Bush intends to abrogate U.S. sovereignty to the North American Union, a new economic and political entity which the President is quietly forming, much as the European Union has formed.”



It is also interesting to note that American economists have been warning about the replacing of the US Dollar with the Amero, due to pressure from China, for nearly two years, and as we can read in this December, 2006 report titled Analysts: Dollar collapse would result in 'amero', and which says:



“As WND reported earlier this week, in an unusual move, the Bush administration is sending virtually the entire economic "A-team" to visit China for a "strategic economic dialogue" in Beijing Thursday and Friday. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke are leading the delegation, along with five other cabinet-level officials, including Secretary of Commerce Carlos Gutierrez. Also in the delegation will be Labor Secretary Elaine Chao, Health and Human Services Secretary Mike Leavitt, Energy Secretary Sam Bodman, and U.S. Trade Representative Susan Schwab.



But Chapman doubts the trip will help the Fed to engineer a slow dollar slide.



“The Chinese are going to do what the Chinese want to do, not what we want them to do," he said. "I believe the Chinese are going to send Treasury Secretary Paulson and Fed Chairman Bernanke home packing, with little or nothing to show for the trip."



How severe will the coming dollar collapse be?



"People in the U.S. are going to be hit hard," Chapman warned. "In the severe recession we are entering now, Bush will argue that we have to form a North American Union to compete with the Euro."



"Creating the amero," Chapman explained, "will be presented to the American public as the administration's solution for dollar recovery. In the process of creating the amero, the Bush administration just abandons the dollar.”



The prophetic warnings of these American economists are, indeed, coming to pass as during the month of September alone, 10 years worth of gains on US stock markets have been wiped out in their entirety and bank runs are now occurring in the United States for the first time since the days of the Great Depression leading to the failure of 13 banks, some of their largest, and the imminent failure of 117 more forecasted by the US government.



US Treasury Secretary Paulson, however, continues leading the charge attempting to force upon the American people the ‘final peg’ to their own demise by completely bankrupting the United States leaving no other choice but to completely discard the almost totally worthless US Dollar and its replacement with the Amero.



It goes without saying that the American people will greatly resist the replacement of their Dollar, but this cannot be said when tens of millions of them are without jobs and their life savings have become worthless leaving them with no other choice but accept what their own leaders have planned for them all along.



To this growing crisis currently battering the US, and its destruction of the entire Western Economy, Russian Military Analysts state in their reports that the establishment of a North American Union is by no means a foregone conclusion as aligned against it are the combined, and powerful, forces of the United States Military establishment and the State of Israel, both of whom see their demise should this planned merger occur.



This is important to note because both the US Military and Israel are proponents of what is termed as ‘Disaster Capitalism’ which advocates the seemingly contradictory view that ‘shocks’ and ‘crashes’ to populations and economies are quickly followed by long periods of sustained growth and stability.



The phenomena of Disaster Capitalism was first observed during the 2007 World Economic Forum in Davos, Switzerland, where this ‘puzzling trend’ was discussed and debated at great length, but which none of the participates could dispute after the full reports of the effects of September 11, 2001, in the United States, and other such catastrophic disasters, were fully analyzed.



To the growing Western adherence to the new ideology of Disaster Capitalism, and its dangers, we are further warned by the eminent writer Naomi Klein in her seminal work “The Shock Doctrine: The Rise Of Disaster Capitalism”, and where she states:



“The creeping expansion of the disaster capitalism complex into media may prove to be a new kind of corporate synergy, one building on the vertical integration so popular in the nineties. It certainly makes sound business sense. The more panicked our societies become, convinced that there are terrorists lurking in every mosque, the higher the news ratings soar, the more biometric IDs and liquid-explosives-detection devices the complex sells, and the more high-tech fences it builds.



If the dream of the open, borderless “small planet” was the ticket to profits in the nineties, the nightmare of the menacing, fortressed Western continents, under siege from jihadists and illegal immigrants, palys the same role in the new millennium.



The only prospect that threatens the booming disaster economy on which so much wealth depends-from weapons to oil to engineering to surveillance to patented drugs-is the possibility of achieving some measure of climatic stability and geopolitical peace.”



To which of these powerful forces, North American Union or Disaster Capitalism, the American people will ultimately be forced into choosing it is not in our knowing. But, what is in our knowing is that these Americans are woefully ill equipped, on every level imaginable, to either fully understand, or know how to survive, the horrific future being planned for them.



© October 1, 2008 EU and US all rights reserved.



[Ed. Note: The United States government actively seeks to find, and silence, any and all opinions about the United States except those coming from authorized government and/or affiliated sources, of which we are not one. No interviews are granted and very little personal information is given about our contributors, or their sources, to protect their safety.]



Translation to Spanish by: Sister Maru Barraza, Mazatlán, Mexico

[link to www.whatdoesitmean.com]

Anonymous Coward

User ID: 513328

United States

10/01/2008 10:47 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system I was just going to post the same regarding wells fargo. I used to work as a project mgr and my old dept is handling this issue. NICE PROJECT!







so how long do you think we have before the bank holiday arrives? How long do you think it'll be before wells fargo develops and can implement the project?

Quoting: Anonymous Coward 38526





He said they "might" install starting monday Oct 7th. (There's that date again) He was saying there is a major security issue that needs to be fixed and it was pertinent to shut down the bank for a week. He said they "might" install starting monday Oct 7th. (There's that date again) He was saying there is a major security issue that needs to be fixed and it was pertinent to shut down the bank for a week.

LookForMe

User ID: 434860

United States

10/01/2008 10:51 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system i call BS because of the wording..."we cannot be open at this time"



sounds like a 4th grade english.

Quoting: Anonymous Coward 510500

I don't think OP saw the sign, was just paraphrasing what he heard I don't think OP saw the sign, was just paraphrasing what he heard

Anonymous Coward

User ID: 192998

United States

10/01/2008 11:05 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system Highly doubtful. I could see a single day banking holiday, but not a week.





And to whomever keeps posting this Sorcha Faal bullshit: seriously, shove it up your delusional, retarded ass. Moron. Highly doubtful. I could see a single day banking holiday, but not a week.And to whomever keeps posting this Sorcha Faal bullshit: seriously, shove it up your delusional, retarded ass. Moron.

Anonymous Coward

User ID: 514893

United States

10/01/2008 11:14 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system Bush Wants To Bankrupt America: There is Method To His Madness



By Sam Hamod



07/01/03: "ICH" -- - Some have wondered if GW Bush knows what he's doing with his tax cut that benefits the corporations and the very rich, and cuts away the remaining money of the poor and the middle class. I say yes, he does know what he'd up to, as do his corporate advisors and his neo-con economist friends and theorists, chief among them Grover Norquist. Norquist has been the chief architect behind the dismantling of the American federal financial structure in terms of benefits for the common citizen, but has helped to create the superstructure of tax breaks for the very rich and the corporatocracy that now has a choke-hold on America.



The plan is very simple, but not obvious on first blush. Make sure that all the money is gone from the U.S. treasury, make sure the deficits are so great that all social and educational programs are cut, increase the military and security budgets to "protect our nation" with all these monies going to corporations and security firms who are extra-national (not tied to any country, but actually more than multi-national in that they are outside the purview of any nation at any single moment) and stave in the social security fund by allowing it to go to private corporations for "investment"-and you have the perfect scenario for saying, "only the private sector can save us-we're broke and they have the money to run every program, fund every program, but of course, at huge costs and profits for the private corporations." Our only resource will be the corporate lenders, especially the large extra-national corporations who will have loyalty to no one except their corporate coffers and large share owners throughout the world.



This plan is so obvious at this point that it is hard to believe because it is happening so fast and the Democrats and even conservative non- neo-con Republicans don't realize what Bush and his neo-con buddies are up to.

Anonymous Coward

User ID: 317540

United States

10/01/2008 11:19 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system A week long banking holiday would wake ALL the sheep and start a stampede....The emperor should be seen to have no clothes....chaos commence....

Anonymous Coward

User ID: 434204

United States

10/01/2008 11:34 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system This rumor would have legs if the credit market doesn't unfreeze (barring any bailout or what the market is doing). The way I understand it, we are weeks away from Main Street being shut down if the credit markets don't work again, and from what I see they are frozen solid. Even with a bailout it may not unfreeze. I wouldn't be surprised if this is just a back up plan by the FED.



I can only hope if the banks are closed, that I don't have to go to work either. I have a lot of housework to catch up on.

JCD



User ID: 458772

United States

10/01/2008 11:40 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system my bud at WF said they are "possibly" changing to a new computer system next week and WF might have to suspend all accounts for a week. I've never heard of any software system that takes over a week to install. Usually it's staged somewhere and then switched overnight after people have been trained.

Quoting: Anonymous Coward 513328

A system to handle a cashless society with all new 'cards' issued to all americans could take that long to install.........

Things change when you least expect it. A system to handle a cashless society with all new 'cards' issued to all americans could take that long to install.........

Anonymous Coward

User ID: 201927

United States

10/01/2008 11:47 AM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system my bud at WF said they are "possibly" changing to a new computer system next week and WF might have to suspend all accounts for a week. I've never heard of any software system that takes over a week to install. Usually it's staged somewhere and then switched overnight after people have been trained.

Quoting: Anonymous Coward 513328



Possibly? Thats funny Possibly? Thats funny

Anonymous Coward

User ID: 514983

China

10/01/2008 01:12 PM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system Highly doubtful. I could see a single day banking holiday, but not a week.



Quoting: Anonymous Coward 192998





Then sir, you do not know history. Nor do you understand the current financial crisis.



I suggest you do a Google search on a subject before posting.



You may think what you believe is right, but that don't make it true.



Moron. Then sir, you do not know history. Nor do you understand the current financial crisis.I suggest you do a Google search on a subject before posting.You may think what you believe is right, but that don't make it true.Moron.

Anonymous Coward

User ID: 512250

United States

10/01/2008 01:19 PM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system link to finance.google.com]



Reliable word that Bank of America branch managers just received a

letter or memo from the USFed instructing them to perhaps be ready for

a one-week universal shut-down of the banking system, including access

to checking accounts, savings accounts and credit cards. Reliable word

has it that BofA bank branches received a shipment of signs last week,

reading “We're sorry, but due to circumstances beyond our control, we

cannot be open at this time.

Reliable word that Bank of America branch managers just received aletter or memo from the USFed instructing them to perhaps be ready fora one-week universal shut-down of the banking system, including accessto checking accounts, savings accounts and credit cards. Reliable wordhas it that BofA bank branches received a shipment of signs last week,reading “We're sorry, but due to circumstances beyond our control, wecannot be open at this time. Quoting: Bad Mamma Jamma 38526





Let the bastards do it!

There will be chaos in the streets!

Yeah..and China and the rest of the world will say

"You're bastards just like the rest of the tyrants in the world..shoot your people and starve them off like all good dictators."

NO BAIL OUT! Let the bastards do it!There will be chaos in the streets!Yeah..and China and the rest of the world will say"You're bastards just like the rest of the tyrants in the world..shoot your people and starve them off like all good dictators."NO BAIL OUT!

thamnosma

User ID: 515077

United States

10/01/2008 03:08 PM

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Report Copyright Violation Re: be ready for a one-week universal shut-down of the banking system Bad Mamma:



Did you get this from Jim Willie? That is the exact language in his subscriber column released today. If so, he deserved to be referenced as the source, for better or worse. Otherwise, you should paraphrase, not copy exactly from someone's copyrighted text.