After reading a number of SQ Alerts in regards to customer testimonies on banking problems, trouble withdrawing funds that should be available, and basic harassment towards long-time bank users, I pulled up the verified Consumer Affairs Complaints and Reviews, by the thousands, for some of the biggest banks in America, and we see a massive deterioration of services, accessing and/or withdrawing funds, and availability issues being reported all across the board.
A list of five huge banks and the thousands of complaints from customers, are linked below. It is noteworthy that these complaints are what are referred to as "verified" by Consumer Affairs.
Stepping back and looking at the big picture shown clearly in headlines over the last few years we see a premeditated and systematic push by the government towards civil war and insurrection which will lead to the lockdown of America.... martial law.
Setting aside the deliberate divisive push using race, class warfare and targeting of Americans such as Christians, veterans, constitutionalists, preppers, survivalists by the U.S. government by deeming them "extremists" and implying they are more dangerous that terror groups, labeling them as "domestic terrorists," (all of which will play a part in determining the "enemy" when the total lockdown begins), we focus this article on the banking system and the blatant preparations they have been making to confiscate depositors' funds and doing so in a manner where it will be over before the majority of Americans even learn it has begun.
Before connecting the dots it is imperative to remember two major points.
First Point- The U.S. goverment has put legal mechanisms in place to conficate depositors money, which has been documented by Ellen Brown and many others over the last couple of years.
Although few depositors realize it, legally the bank owns the depositor’s funds as soon as they are put in the bank. Our money becomes the bank’s, and we become unsecured creditors holding IOUs or promises to pay. (See here and here.) But until now the bank has been obligated to pay the money back on demand in the form of cash. Under the FDIC-BOE plan, our IOUs will be converted into “bank equity.” The bank will get the money and we will get stock in the bank.....
More:
If our IOUs are converted to bank stock, they will no longer be subject to insurance protection but will be “at risk” and vulnerable to being wiped out, just as the Lehman Brothers shareholders were in 2008. That this dire scenario could actually materialize was underscored by Yves Smith in a March 19th post titled When You Weren’t Looking, Democrat Bank Stooges Launch Bills to Permit Bailouts, Deregulate Derivatives. She writes:
In the US, depositors have actually been put in a worse position than Cyprus deposit-holders, at least if they are at the big banks that play in the derivatives casino. The regulators have turned a blind eye as banks use their depositaries to fund derivatives exposures. And as bad as that is, the depositors, unlike their Cypriot confreres, aren’t even senior creditors. Remember Lehman? When the investment bank failed, unsecured creditors (and remember, depositors are unsecured creditors) got eight cents on the dollar. One big reason was that derivatives counterparties require collateral for any exposures, meaning they are secured creditors. The 2005 bankruptcy reforms made derivatives counterparties senior to unsecured lenders.
How many of your family members, friends or neighbors understand that the government has put laws in place that allows banks to simply take their money if they deem it necessary? What will their reaction be to go bed one Friday night with X amount of money in their accounts just to wake up on Monday to find out the majority of it is just gone?
Would legal mechanisms have been put into place to confiscate depositors' money if TPTB wasn't planning to do so at some point?
Second Point - On April 12, 2016 the Federal Reserve released a 19-page letter that it and the FDIC had issued to the Chairman and CEO of JPMorgan Chase, which "identified a deficiency" in JPMorgan’s wind-down plan that could, in their words "pose serious adverse effects to the financial stability of the United States." (Page 11)
It’s important to parse the phrasing of that sentence. The Federal regulators didn’t say JPMorgan could pose a threat to its shareholders or Wall Street or the markets. It said the potential threat was to “the financial stability of the United States.”
U.S. GOVERNMENT HAS BEEN PREPARING FOR YEARS - THEY KNOW WHAT IS COMING
In December 2014, ANP reported on a strange solicitation by the US governments Comptroller of Acquisition Management, for a bid of $200,000 for survival kits for the employees of major banks. As was explained in the ANP article, these are the type of purchases usually reserved for the military or the FBI. (Solicitation is embedded in the December article and video shown below)
By February 2015 people started noticing that bullet proof glass was quickly being installed at banks across America, not just in areas where crime is high, but in banks located in small town grocery stores with one women telling Quayle - "Today I went inside our local Chase bank and to my surprise, the teller area had changed drastically. The tellers were now behind a glass wall. When I asked the teller when did this change take place, she said that workers where there all during the previous night installing it. Jokingly, I asked her if it was bullet proof glass and she confirmed that it was indeed. Please keep in mind that this bank is in a small grocery shopping center right outside of a neighborhood in a quiet suburban town about 35 miles north of Houston. I was shocked. They are preparing for something."
On April 13, 2016, another Quayle reader emails the following testimony:
Just had to share this on the heels of my trip to our local Wells Fargo Bank here just outside of Clovis, CA by 5 minutes and into Fresno.
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When I walked into the branch, I notice it looked completely different than from just a 3-4 weeks ago. There teller areas all the way down the entire length of the wall were enclosed in clear material.
When it was my turn to go to the window, I asked the teller, wow, you've remodeled in here. I asked her, is this plexiglass (lots of laughs). She said, no, it's bullet proof glass. This stuff was very thick - at least 4 inches. I said, "Oh, I supposed they felt they probably should do this in light of what might be happening in the financial world." She said to me, "Well, they decided they better do it sooner than later." Now be aware, where I live, Clovis, CA, is a quiet, well-mannered, somewhat rural city (just east and slightly north of Fresno). The branch is also in a nice area. We do not have bank robberies here! Trouble is coming soon I believe, and we better be prepared and have our cash on hand. I do believe a financial collapse is coming sooner than later.
I never deposit my pay checks in my account I always cash them at Wells Fargo since that's where they're drawn from. Yesterday I went as usual to cash my check and not only did they want my identification and debit card from my checking account which is at citizens bank but they wanted my finger print and phone number too. THE END IS CLOSE FOR SURE. Anyone else out there seeing the same???
What banks are doing is taking cash out of the system, where banks often cannot produce cash on hand to allow for certain withdrawals, and are basically programming people to expect problems so when the total crash occurs they won't be aware that their money has been confiscated... until it is too late.
April 2015, under the guise of being "wary of natural disaster" the Fed started moving assets from New York to Chicago, with Reuters specifically parsing out the red herring that "sources" indicate the Fed was worried about "cyber attacks" against the Federal Reserve operations.
InfoWars reported on April 18, 2016, that "Top insurer Lloyds warns that a “pandemic” of global civil unrest could go viral, threatening international stability."
InfoWars also highlights something ANP has been tracking for years.. the stockpiling of assets and survival preparations by the government and the so-called "elites" in their bunkers in preparation for civil unrest, which could be caused by a terrorist attack, an EMP or a total financial meltdown.
As we have recently highlighted, the ultra-wealthy are highly concerned about civil unrest and have made moves to prepare for social disorder.
Elitists are buying luxury bomb-proof survival bunkers, with one of the companies behind the underground units, Vivos, revealing that they are for the “protection of high net worth individuals” against the threat posed by the “general public”.
We have noted and reported on a number of protests, riots, vandalism and violence, which has ratcheted up in frequency and intensity of the past few years, leaving many to wonder when the one "event" will occur that will tip the scales and lead to outright civil war, insurrection and martial law.
That "event" could very well be a total global economic collapse but the difference between a place like Cyprus, or European nations practicing "bail-ins" and confiscating depositors funds, and doing it here in the U.S. .... is the millions of armed Americans that exist.
BOTTOM LINE
Looking at everything compiled, from years of reports, it is apparent the government has been preparing for the eventual civil unrest that will occur when the economy collapses, so we believe everyone else should be preparing for it as well.
No one is suggesting a run on the banks, but we are recommending some basic preparations, withdraw what you can periodically from your bank and leave just enough in your accounts to pay your bills. Invest what you can afford to in food, water, medical supplies and basic necessities. If you can afford to, invest in precious metals, because we are seeing warnings the dollar will be devalued.
There is nothing to fear if you are prepared for what is on the horizon.
