The precious metals community will find the latest from Anonymous interesting. But reading between the lines is critical…

By Eric Dubin, Executive Editor, Liberty Millennials

Years ago I came to the conclusion that “Anonymous” is an enigma and contradictory in nature because some of the people that associate with it are genuine activists, but the enigma also appears to be infused with government operatives. At first glance, “Operation Black October” raises important questions worthy of further examination.

On September 20, Anonymous posted the following on their official website:

“US branches of Germany’s Deutsche Bank and Spain’s Banco Santander have failed US Fed stress tests, while America’s largest bank, Bank of America, is put on ‘warning’. How far can the ordinary people shoulder responsibility of a failed private bank? Anonymous asks you to join the peaceful revolution from October 1 to 31. Take all your money from your bank account, don’t use your credit card, pay cash and change your future. Show the Big Bankers that we don’t need their debit cards, we don’t need their credit cards, we don’t need their loans, and we don’t need them. Let’s show them that we are the 99% and we can beat them. It is that easy.”

Admittedly, some people will find the underlying message of “Operation Black October” seductive. Removing oneself from a corrupt system is a classic form of civil disobedience. But consider the fact that governments around the world are scared to death of a systemic crash that would take down the banking system. Consider the fact that we’ve been hearing people within the establishment advocate for a cashless society with increased frequency. Bail-ins of bank deposits and limitations on withdraws from money market funds and bank accounts are ready to execute at moments notice.

Advocating for the removal of system participation on an incremental basis and to the extent practicable is one thing. It would be more difficult for messaging along those lines to be attacked by the establishment. It doesn’t carry the subtext message that Anonymous seeks to crash the markets, never mind just banks. “Black October” has a very specific meaning in the context of stock market crash history.

The rest of the framing of their activist action list also lends itself to being attacked far more easily than were Anonymous to advocate for lessening participation and dependence on the financial system over time, with substantive suggestions on how to actually accomplish that goal. Like it or not, it would be very difficult for most people to stop using conventional credit. Wouldn’t it be wise for Anonymous to put forth ideas for community credit pooling? Catherine Austin Fitts advocates for steps like this to help pull more of our financial lives out of the bankster universe. Wouldn’t it be better if Anonymous launched a general education campaign to help people learn how to lessen their participation within the system rather than toss around a call to action that few could execute even if they wanted to? Truth be told, very few people are going to be pulling money out of their banks in October on account of Anonymous. What if Anonymous delivered messaging and education on how to build alternative systems of credit and heck, even discuss alternative lifestyles conducive to reducing centralized power (e.g., buy local movement; community and family based credit movement; alternative currency movement, etc.)? Instead, we have Anonymous making a media splash that will not likely have effective activist impact, but most assuredly will help paint a fat bulls-eye on the general public as potential “financial terrorists.” Talk about a soft pitch to the powers that be.

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