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Government plans to survive hard times by keeping Americans away from their own money
Coach is Right ^
| 12/6/13
| Doug Book
Posted on 12/06/2013 9:03:22 AM PST by Oldpuppymax
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To: Oldpuppymax
And, if you take your money out of the bank and put it into a safe in your house, the Feds will knock on your door and confiscate it under asset forfeiture laws.
2
posted on
12/06/2013 9:08:58 AM PST
by
E. Pluribus Unum
(Who knew that one day professional wrestling would be less fake than professional journalism?)
To: E. Pluribus Unum
Asset forfeiture laws? What the heck is that?
To: Sweet Hour of Prayer
If you don’t think it can happen, it’s already too late.
4
posted on
12/06/2013 9:13:36 AM PST
by
rarestia
(It's time to water the Tree of Liberty.)
To: E. Pluribus Unum
Why would they need to? They can just inflate the value straight out of it and your holding nothing better than toilet paper at that point.
5
posted on
12/06/2013 9:15:46 AM PST
by
Ghost of SVR4
(So many are so hopelessly dependent on the government that they will fight to protect it.)
To: Oldpuppymax
Could such a policy create a bank run?
I don't know if it would create a run on cash money, but it certainly would create yet another run on guns and ammunition, as well as a further souring and angering of the American public. The shooting will start at some point, and it will be completely out of control. All government employees will only be safe in very large numbers, and even then, only the ones toward the center of the group, while snipers are picking away the perimeter.
6
posted on
12/06/2013 9:17:49 AM PST
by
ZX12R
(Never forget the heroes of Benghazi, who were abandoned to their deaths by Obama)
To: E. Pluribus Unum
“And, if you take your money out of the bank and put it into a safe in your house, the Feds will knock on your door and confiscate it under asset forfeiture laws.”
I do believe they are coming for it. First it will be 401ks. Then, they’ll proceed on to other accounts. Mine is still in the bank but I’m making plans to take it out and do “other” things with it. There won’t be anything for them to break in and ultimately. Bastards.....
7
posted on
12/06/2013 9:18:00 AM PST
by
FAA
To: E. Pluribus Unum
Which is why you put it in tangible format. Like Precious Metals.
I’m particularly fond of Copper, Lead, and Brass for such purposes (evil grin)
8
posted on
12/06/2013 9:21:52 AM PST
by
Salgak
(http://catalogoftehburningstoopid.blogspot.com 100% all-natural snark !)
To: E. Pluribus Unum
They`d have to find it first.
9
posted on
12/06/2013 9:27:41 AM PST
by
nomad
To: Salgak
make sure to diversify into different masses and diameter no doubt...
To: Sweet Hour of Prayer
Asset forfeiture laws? What the heck is that?It's one of the ways they confiscate cars/boats/buildings for drug use and other illegal enterprises. It's already reportable if you take large sums of cash from your bank accounts because it makes you "a suspicious character". With the current rulers, illegal laws are the only ones likely to be enforced.
11
posted on
12/06/2013 9:38:22 AM PST
by
trebb
(Where in the the hell has my country gone?)
To: Salgak
Why yes, we should get some more of those precious metals.
To: E. Pluribus Unum
I knew an old man who had lost a great deal of money in “The Great Depression.” After that he bought government bonds and sealed them in fruit jars which he buried in his orchard. When he died the relatives went on a massive buried treasure hunt. While government bonds might not be worth anything in a few years, gold and silver will still hold their value.
13
posted on
12/06/2013 9:55:17 AM PST
by
oldfart
(Obama nation = abomination. Think about it!)
To: Oldpuppymax
Seems a lot of financial news is coming out today, none of it good for the middle class. Could it be the end game is being rushed a little?
To: FAA
Best hasten your move. This is trial balloon real deal will follow shortly if there is not enough push back. Good luck.
To: Salgak
“Im particularly fond of Copper, Lead, and Brass for such purposes (evil grin)”
Don’t forget about a goof dependable lead delivery system. :-)
16
posted on
12/06/2013 10:16:29 AM PST
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
To: Oldpuppymax
I assume this would be to get people to spend it or put it in stock market, ‘stimulate economy’.
17
posted on
12/06/2013 10:17:08 AM PST
by
sickoflibs
(Obama : 'If you like your Doctor you can keep him, PERIOD! Don't believe the GOPs warnings')
To: FAA
Maybe now would be a good time to make needed home improvements.
18
posted on
12/06/2013 10:21:04 AM PST
by
Jane Long
(While Marxists continue the fundamental transformation of the USA, progressive RINOs assist!)
To: Sweet Hour of Prayer
If you have a lot of money in your house or on your, you are probably a drug dealer and the government will take the money. No need for nasty things like evidence, due process, sworn testimony or guilt beyond a reasonable doubt. And since they have your cash you can't afford a lawyer to fight to get it back. Sometimes they might be nice enough to let you have some back if you sign over your rights to the rest of it.
In one case the sheriff was caught doing property appraisals to see which house was "most likely" to be involved in the drug business (i.e. most profitable to nab).
19
posted on
12/06/2013 10:40:43 AM PST
by
KarlInOhio
(Everyone get online for Obamacare on 10/1. Overload the system and crash it hard!)
To: Oldpuppymax
Commercial banks have already said they would have to respond by charging customers Service Fees for “taking care of” their money.
Which will result in gnashing of teeth and a revolutionary uproar.
I guess that would make for one helluva distraction from Obamacare though.
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