Greeks cannot tap cash in safe deposit boxes under capital controls

rooters ^ | 7/5/15 | staff

[Enlightened1]

When the bank does this, then they are accessories to crime.

[kjam22]

I’ve been paying attention for a while now. People in this country who have money should own property. Rental property, or own the note on property you have sold. Giving someone our money to hold in a brokerage account, or a bank or an insurance backed annuity is increasingly risky.

[Oatka]

I bet there are some well armed bank/guvment types there to be sure you don’t take out the worthless money.
That's what FDR did to ensure that Americans didn't remove gold from their safety deposit boxes -- government agents reportedly monitored what US citizens added or removed from their safety deposit boxes.

I've posted this in other threads, but it is appropriate here as to how far they will go.

Two brothers either got wind of FDR's coming devaluation or could figure it out for themselves. In any event, the converted $20,000 worth of gold notes into coin.

SIX MONTHS later, the feds tracked them down, took the gold and gave them $20,000 in paper. They took the case all the way to the Supreme Court, who said that there was no wrongdoing doing since they got their $20,000 back.

[VideoDoctor]

look upon Washington DC as one big out of control Blob

You're being kind using the word "Blob" in referring to the Government.

I'll say no more.

[greeneyes]

Maybe, but in polite company, it was the only one that came to mind at the time.