Our Bank Accounts Are Not Safe - Video
Published on Feb 6, 2014
Do you think your bank account deposits are safe? Don’t bank on it.
That’s according to Lowell Ponte, former editor of Readers Digest and think tank futurist.
According to Ponte, last month, Stephen Cotton walked into London-based giant HSBC to withdraw about $10,000 dollars. But the bank refused to let Mr. Cotton have money from his own account.
Why? Because they said Mr. Cotton couldn’t provide the bank with a satisfactory explanation for what the money was to be used for. Of course this enraged Mr. Cotton since he was asking for his own money.
But Lowell Ponte said Mr. Cotton was mistaken about just whose money it was. According to new banking laws, your deposits belong to the bank. All you ‘own’ is a deposit receipt, or an IOU.
American politicians have watched how some European countries are getting away with raiding the bank accounts of their citizens and since U.S. lawmakers are desperate for more money they are considering new ways to grab their ‘fair share’ of the $20 Trillion now in private U.S. retirement accounts – bringing fresh meaning to Obama’s proposed “MyRA” program!
Ponte says U.S. and other Western governments have agreed that future bank crises will be handled not by taxpayer bail-outs but by “bail-INS” that first seize a banks’ “unsecured assets” to pay the government. Ponte said, “If the government seizes your bank’s funds, you can kiss your assets goodbye.”
But, you may ask, “What about the FDIC? It says right on my bank window that they guarantee my money.
Here’s a scary fact: The FDIC has only $27 Billion, less than one percent of what might be needed to cover more than $7 Trillion of deposits that could be lost in a national financial panic and storm.
Remember the recent financial panic in Cypress when depositors woke of to find their bank accounts frozen? That happened just months after the FDIC and Bank of England signed a joint document allowing government to seize customer deposits as part of a bank’s property.
So, what’s to stop that from happening in the United States? Nothing.
And it doesn’t stop with banks. Cash deposits are only the beginning. IRAs and other retirement accounts are in the crosshairs for consideration as alternative sources to pay down government debt. Ponte reminds us how in 2008 Argentina replaced its citizens’ cash savings with government bonds, valued at only 27% of its currency. Americans also might soon be forced to by trillions and trillion in Federal debt.
All of this and more are covered in Lowell Ponte’s new book, “The Great Withdrawal,” which he is making available for free for the asking as a public service, courtesy of Swiss America.
Please forward a link to this video to your family, friends and people you are concerned about.
Ask for your free copy of “The Great Withdrawal” by calling: 800-289-2646
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Whistler Blowers, Insiders
Re “Our Bank Accounts Are Not Safe”?! This is our biggest problem? Hell, our lives are not safe! Consider Miriam Carey, while her baby was in the car with her, gunned down by bo thugs.
I called Swiss America and asked for a copy… THEY HUNG UP. IS THIS A TROLL? OR A WAY TO COLLECT THE NAMES OF THOSE WHO ARE WORRIED?
1) You can’t just walk into a bank and expect them to actually have $10,000 in cash right there. To get that much cash, you have to call them ahead of time so they can make arrangements to have that much actual cash on hand.
2) Thanks to drug dealers and money launderers, it’s part of bank procedures to fill out special forms when that much money is being moved around. You can thank the criminals for making the lives of normal citizens that much harder.
3) This happened overseas, outside the U.S. So taking one country’s banking experience and generalizing it to the U.S. is silly. It’s like looking at…oh, toilets and hotel rooms in Sochi and generalizing it to hotels and toilets in the U.S. Different country, different rules, different culture. And have you ever heard of FDIC?
Your comments make me laugh.
Hey, our freedoms are being limited by the people who control the banking system. Why do we even need to use “banks”? Only businesses need to use banks. Normal people would be better off not using banks. If that would happen, you would see how quickly the businesses would adapt to it.
Unless we convince our Congressmen and Senators to change the law to make depositors first in line for Federal Deposit Insurance we should demand the name be changed to the Federal Derivative Insurance. Seriously, do politicians think we put our money in banks to be stolen. Savings accounts draw less than 1% interest because the FED just keeps printing dollars backed by nothing. Depositors do not make big profits when bankers bet on derivatives and win! Why should depositors be on the hook for their big losses? Tell the politicians to forget about bail-ins or we will bail them out of office!
People of the world
Is it surprising to you that they are killing bankers?
What about the 9/11 towers to get rid of the evidence of that huge chinese deal they circumvented and robbed me on that made quadrillions. They had to get rid of the ones that passed the transactions in their companies, so 9/11 was created as a terrorist attack BUT THEY ARE THE TERRORISTS, THEY ARE THE GANGSTERS, THE MURDERERS.
All the money, businesses, buildings, hotels, resorts, utility companies,gold, diamonds, tv stations, radio statios, newspapers, AAAAAAALLLLLL ALL ALL BELONGS TO ME AND THE BROKERS THAT HAVE BEEN HACKED SORRY HOSTED ON SERVERS WORLDWIDE AND OUR CLIENTS,TRANSACTIONS ROBBED. HUGE BANKING TRANSACTIONS.
ASK KAREN HUDES ex world bank senior counsel
ASK REP ALAN GRAYSON Asking the feds about 100T a month of funds they pass under the table. Iagine the deals they rob from us.
GUYS WHAT IS SURPRISING TO YOU? YOU TALK ON THE PHONE IN YOUR CAR, YOU USE BLUE TOOTH, YOUR COMPUTERS, YOUR PHONES, YOUR TVs, YOUR ROUTERS, ALL IS ON THEIR SERVERS. YOUR DAUGHTERS COMPUTER AND PHONE, YOUR WIFE’S, YOU SISTER’S, BROTHER ‘S, YOUR OFFICE, YOUR BANK ACCOUNTS, ALL…. THESE GANGSTERS CONTROL AND MONITOR YOU TWENTY FOUR HOURS A DAY AND IF YOU HAVE AN INVENTION OR ANYTHING THAT WILL MAKE BIG MONEY THEY WILL THROW YOU IN JAIL UNTIL YOU SIGN IT TO THEM.
IS IT SURPRISING THEY ARE MURDERING BANKERS? THEY MURDERED MANY TO STEAL THE ASSETS OF THE COUNTRY, EVEN HAITI MANY WERE KILLED IN A STORM MAN MADE TO REDUCE THEM TO NOTHING SO THAT FOR A LITTLE BIT OF FOOD THEY WOULD SIGN THEM THE RIGHTS TO ALL THE GOLD UNDER THE GROUND. WHAT DO YOU THINK CLINTON WAS DOING THERE SO LONG. CLINTONS ARE INVOLVED WITH THEM IN THE ROBBERY AND BUSH AND BERNAKE AND PAULSEN AND OBAMA AND G8, BILDERBERGS, DAVOS, THE CHINESE, THE MOSSAD, THE WHITE DRAGONS, THE ANONYMOUS HACKERS, THEY ARE ALL DEVIL WORSHIPERS, GARBAGE ILLUMINATIS, THE GARBAGE OF THE EARTH.
THEY SPRAY CHEMICALS BY PLANES RELEASING OVER OUR SKIES. IN OUR WATERS, IN OUR FOOD. THEY INSTALLED SMART METERS THAT SCRAMBLE OUR BRAINS, THE DRONES AND SO MUCH MORE.
THEY BY TRICKERY TOOK THE POLICING OF THE WORLD BUT THE POLICE SHOULD ARREST THEM AND THROW THEM IN THE CONCENTRATION CAMPS THEY PREPARED FOR US WHILE JUDGES SHOULD RULE THAT THEY ARE TOO WICKED AND DID SO MUCH HARM TO SO MANY THAT THEY DESERVE THE GUILLOTINE.
YOU KNOW THEY KILLED THE LITTLE SCHWARTZ AND SOOOOO MANY. THEY RE TRACKING SNOWDEN, ALL BECAUSE THEY SPEAK TRUTH.
HOW MANY THEY MURDERED WORLDWIDE.
THEY TOOK LIBERTIES AND NO ONE STOPPED THEM.
YOU CAN ALL GANG UP AND DO SOMETHING. THIS IS GODs EARTH NOT THEIRS AND YOU ALL ARE BLESSED THAT HE WARNS YOU AND GIVES YOU A CHANCE TO BRING PEACE ON EARTH BEFORE HE COMES BACK BECAUSE WHEN HE STEPS BACK HERE, WE HAVE TO ANSWER, WHY WE ALLOWED THE ABUSE.
WHY WE ALLOWED THE GANGSTER MURDERERS, DEMONIC GARBAGE TO HURT SO MANY AND MURDER SO MANY.
SOME PERVERT IS WATCHING YOUR WIFE UNDRESS THROUGH THE COMPUTER OR TV AND SOME CHILD MOLESTER IS WATCHING YOUR SON OR DAUGHTER. YOU GET THE PICTURE? CAST THEM DOWN, THEY HAVE WICKED PLANS FOR ALL OF US.