Bank Transfer Day, November 5th #OWS

[iamz0ltan]

:) i moved away from BoA

[BillionGODSun]

All Power to the People

[corksterism]

I just withdre my$3.11,....screw 'em.....they laughed at me....why?

[royltytube]

wish I had money to withdrawal

[utarian7]

Which clips are the ron paul excerpts from?

[omarm1984]

Forget Nov. 5th. Citi is already giving people a hard time when they try withdrawing their money. Take your money out now before the major banks run out of money and make you go through a lengthier process.

[TeunisD]

and nothing happened.

[TheOwen35ny]

wow, I guess this didn't occur? hahahaha

[slappy09]

Let's remember who the real enemy is and don't let them turn us on each other with their usual division tactics...i.e., blacks against whites, liberal conservative, republican democrat etc.

[studentoflife01]

What the fuck are we going to do? 8{}

[videolover61]

I love the music...who is it???

[TheFalkSquad]

5th of june is mah birthday =D

[vegsdraugr]

hey, not only should you pull out, but also, if you can afford it, overdraw, thus REDUCING the amount they can hold, and possibly causing BANK FAILURE

[Daniyoyo]

1971 with nixon is when we left the gold standard

[depthsofhades]

Our debt to the fed won't be called upon ever so long as we are in War.Americans are good at staying in war. If we pull out of this was they will call upon that debt to be repaid.Learn about the truth and you'll see why we entered into war.9/11 was an inside job.Ft.Knox has half the amount of gold that was taken from the vaults of the twin towers hours before the planes hit.Real wealth gets distributed to the IMF who owns the FED who owns you.If you have a birth certificate your a slave.

[corksterism]

@depthsofhades OMG, I never knew I was a slave.

[HatterMRULEZ]

@depthsofhades lol NO. That theaory has been proven that 9/11 was not an inside job, and is was proven by people who weren't even feds. the reason why we still have soldiers in there is because there's still a large amount of people who want us all dead in that country.

[mikeybrumbrum]

Until govt and bankers DONT control the money, the money will be stolen, as if there is a "hole in your bucket".

You know when you put £1.00 to an aids charity, only 10% of that actually goes to the victims of that charity ?

Well, its the same with ALL money. EVERY time it moves, or is passed ANYWHERE, some bstds CREAM some off, with profit or outright theft !!

There is NO future, while bankers or oliticans can touch the money. There is no future when they CONTROL the stock market !!

[neephius]

Yep AMERICANS And their endless greed and consumerism suck and should all die.

Yes you stupid fucked up americans your will is gonew and has been gone for years now. you thought you were the best you are all the worst even the fucking jews in your country with all your inflated bullshit wares any one can say they earn a billion dollars an hour but was it really worth it. YOUR ALL FUCKED.

[pookiroo]

Sorry I don't get it....

[secretchristian]

Pay off your credit cards and don't every use them again. Use cash to pay for small purchases. If you don't have the cash, you wait until you do have it.

Isn't that easy for all you strong willed sane non-addicts?

[secretchristian]

continued.. BTW, At the least, the bank had 3g less before 6-5-08.

[SunnyDaysRFun]

Hey dude, the FEDERAL RESERVE controlls your money, wether it is cash or credit. If they decided to devaluate your money then what do you have to stop them? The fund all the wars and cause all the economic crisises!

[secretchristian]

SunnyDaysRFun (2 days ago)

Hey dude, Isn't still true that the federal reserve has a very difficult time tracking all cash transactions; While on the other hand, can it track credit card transactions very easily because they are all recorded under a number assigned to card carrying individuals?

[laxhockfiendmb]

Bad idea... but if enough people have this bad idea, it becomes a good idea. Get your money out so it doesn't collapse on you but collapses on your neighbors instead.

Maybe a collapse will help us find what is important in life... food/energy, not currency. FED has a lot of power controlling currency. A direct relationship with what you produce and what you consume can help take power away from these warmongers.

[wingnut4427]

The idea is to remove the money that in the banks & get it into private hands. This will disable the banks from being able to loan out money they don't have. For every dollar you have in the bank, The bank can loan out 9. So by removing the money you create a shortage. the shortage would over a short period of time, drive prices down. But this is a short term solution. To make an impact you would have to do much more. like shred credit cards, withdraw savings, retirement cancel services & such.

[wingnut4427]

But I honestly don't think the people in this country have the will, guts, or the rage to take such an extreme step. All they care about are sales at best buy. Big Mac's, American Idol, getting drunk & forgetting all about their problems till the weekend is over. We are slaves to the grind, We are owned & molded & no one gives a shit. This wouldn't be enough. You'll have to commit to removing the bank from your lives for at least a year to hurt them. Do we have the courage ? No. Our will is gone

[chadgresham]

We have the will we just have a dumb down society. Most of the people in America put their heads in the sand and fall for the lie of blaming the latinos or the blacks or the jews for their problems. Not knowing that the very problem is the system itself that fuels the hate that we have for one another as to keep the attention off of their crimes.

[SpreadingAwareness]

i agree, the system is the very thing that fuels hate and jealousy and all those other negative things. do you think the dumbed down society can be 'revived'? sometimes it makes me wonder what it will take to wake them up, when ppl like us see so blatantly what's going on, and they are in total denial. what will it take? lol i wont lose hope but the people really are sheeple sometimes

[chadgresham]

You are right I hope it gets better

[godoflint]

Lets do everything to destabilize our currency further instead of trying to make positive corrections to a system that by and large has been very positive to our economic growth and stability. Good idea!

[gr8dalmuti]

You're delusional if you think your monetary system is stable. Search "Money As Debt" in Google Video, and educate yourself.

[vremetal]

Wouldn't this idea cause an instant economic collapse? We can't teach anyone a lesson by screwing ourselves.

[LoonyVision]

Wake up! We're already screwed.

[Leadwerks]

EverBank is an American bank that allows you to invest in foreign currencies. You can open an account through the mail and send them a check to deposit. If you are watching this video, you are smart enough to get rid of your dollars now. Let the useless brain-dead baby boomers take the fall.

[piecraft]

How many deomnstrations are there now? I'm walking to the Houses of Parliament here in London to protest the Central Banking system & Income Tax along with the tyranny of the government on 4th of July, which was supposed to be an International Protest in Berlin, Paris, Washington D.C. and New York - can anyone clue me in on what's going on? I've been seeing different dates July 12th, July 14th, July 15th and now this? Thanks.

[negator365]

what was the music? very nice.

[masteropie001]

Its off Nine Inch Nails - The Slip

Free for download.

[stonerj0e]

i find it hard to beleive that we can make this work, being that america is such a fractious culture....

[Leadwerks]

I have invested all my dollars into foreign currencies. The dollar dropped significantly just in the last year. No more worthless pieces of paper for me!

[BTDen]

Me too. I have made over 20% per year just by investing in foreign currency. My silver junk coinage has risen from $8.20 to $16 per ounce in the last two years. Real-estate is heading down, paper dollars headed down.

[SolitonPL]

Buy gold and silver! This is the real way to store a value of your wealth not the "paper money"! Kill the creature!

[johnu78]

Buy silver and gold and then hide it!

[rwcurrent]

chere7up, first, it's public debt and middle and lower class financial irresponsibility (high debt ratios compared to every country in the world) that needs to be addressed, NONE OF THIS DOES THAT. Two, now your trying to suggest that it will bolster the stock market? Seriously? This? Do you just keep finding new things to throw at this praying one of them might make sense? Reality check, global market now, American middle/lower class isn't going to raise stock prices and benefit from this.

[chere7up]

@ RWCURRENT U obvioulsy dont get it. The banks hoarded the low rates% & banks didnt help the sub-prime people. I care about people. People are colladeral damage when it comes to big money. I personally think we should start bartering to cut out the Illegal Fed R. Dont fool yourself mr RW other countries will do this too. WHY? because their Gvmnt/Cntrl Bankers R debasing THEIR currency to match US. I'm not asking them 2 do this, but they will. Its big time global & Americans R the last to act.

[rwcurrent]

@ chere7up, The "remarkable turnaround in the public's confidence" right after the "it's to take them down." You contradict your intentions, goals, and reasons every other post! Evidence this is delusional shows when anyone could think a YouTube video with 27k viewings and a JPG public notice will bring down a multi-trillion dollar banking system worldwide, to inspire confidence and improve the economy. Try the delusional "gas strike" junk too to show OPEC you had power? Have your fantasy...

[drak1970]

The "delusional gas strike" worked for the Brits ...

[rwcurrent]

chere7up, you found and copied info from the web, bravo... Now your trying to say the point (from your copied text) is THIS attempt will help result in PUBLIC confidence in the GOVERNMENT? Where are you going with this desperate web quoting stuff?

[rwcurrent]

Seriously, make a point already. This "interest is to high for us in the middle class" so "we want it to go higher" stuff makes you look a bit daft. And to argue "The collapse Bear Stearns occurred ... because of an old-fashioned bank run" so "clearly this will help our financial crisis." Huh? If we break it, it will fix itself? No one will exploit the situation? Only the middle class will benefit? You SERIOUSLY believe that? Based on ZERO logic, a proposed Bank Run and a YouTube Video?

[rwcurrent]

chere7up statements include /* 1) "We" the middle classed & poor arent applying for loans cuz we cant get a rate under 6.25 2) we cant buy $400,000 houses to get a lower % rate! 3) its about gas & eating 4) Sub-prime was intentional. The banks dont care.... 5) The collapse Bear Stearns occurred largely, because of an old-fashioned bank run */ So, to sum it up, throw logic out the window, no one cares, and react in a panic. How can one argue with that? It contradicts itself repeatedly, no need.

[animaluc]

count me in.

[rwcurrent]

Chere7up, I said, watch a video that makes sense if you can't look up and understand the terms... clearly, you can't. You want people to support a (illegal) run on banks, but don't see a connection? How clueless can you be? IF this did what the intender wants (which I doubt and hope it doesn't), don't you think others with money (wealthy individuals, foreign banks, exploit the situation. No part of this will make anything "better" for you, it's a panic action that makes things worse.

[pheasguide]

Anyone talking about the March 13 session of The House of Repres. I would like to see what Paul has to say about this meeting. He has said nothing about this date and makes me wonder why if is on the people's side has he not told us what the meeting was about? The House talked about the complete collaspe by the end of the summer-could this be the the hair that breaks the camel's back. Sorry I can not join in as all my extra money is going into food and silver.Good luck terrible times ahead.

[rwcurrent]

sorry, "hoarding money" (typo in spelling in previous post). Typing to fast, starting to not care about this nonsense...

[chere7up]

RWCUR: Why Banks Are Hoarding Money:

Large internatl banks,R responding 2 the current financial crisis by hoarding liquidity, as they have always done, since the invention of joint-stock banking, in the early 18th century & even before.

Banks R clearly vulnerable 2 liquidity runs. The collapse Bear Stearns occurred largely, because of an old-fashioned bank run on an institution that was far from bankrupt, or would have been had it not experienced the bank run (i.e. until the forced fire-sale)

[rwcurrent]

chere7up, you aren't even making sense now. Banks are hoarding money because they lend it out too much and don't have enough on hand to be liquid? I give up, there's no point even trying to show you what's wrong about it, you don't seem to grasp the basic definition of the terms.

[rwcurrent]

chere7up, you can do whatever you want. If you are interested in learning, google "hording money" for the laws, and look for "It's A Wonderful Life bank run (full version)" if your just into pop-culture youtube explanations. It's a dumb idea, but that hasn't stopped people before...

[rwcurrent]

chere7up, I was replying to your statement that this protest was to lower lending rates for Americans. Obviously, you approve of connecting all things you hate, and support a radical bad reaction in a panic, rather than use logic and reasoning. You believe taking illegal action to take down the banks ala Great Depression style "runs on banks" will help because "it's about gas & eating." If it worked as you suggest (but it won't), enabling debt public debt will not reduce economic problems.

[uncleardegree]

"If enough people withdraw their cash, the result will be mass insolvency on the part of the banks, which the government will, as usual, respond by mass bailouts = more inflation.

Yeah, this is not going to work no matter what.

As a rule of thumb, I never trust anything that markets itself with "R3volution" with the 3 for the "e." "

[israelandersonvideo]

I have no credit, period, so no one will be calling me. And I never once said I didn't have a problem with the system, and if you bothered to actually see who I was you'd see I am very involved in the Ron Paul movement. I simply said that the action suggested in this video is illegal, and it is. Be careful.

[israelandersonvideo]

Amazing the racism you guys display. I have no tie ti anything Israel related either in ideology or ancestry and hate Israel's manipulation of the US as much as anyone. But your public comments here reveal the true evil of your heart. I don't fight for the freedom of the likes of you who deserve none. You are no Ron Paul supporter. No groups, only individuals! May your true colors become obvious to all those around you. Agent Provocateur!

[israelandersonvideo]

You do realize that doing this and organizing this is extremely illegal don't you?

[chere7up]

Why should it be ..we own our own money, we earn it. I'm in. I withdrew Tues 13. That'llgive the banksters $18,000.00 less loaning power.

I seen this & thought it was a Fedrl Resrv run to grab money..I mean, theve done everything else illegal short of shaking everbody upside down for what few precious coins they could get.. oops I forgot the liberty dollar raid.

I took myself straight to homeland & got money orders for my bills & only left a minimal $300.00 & the rest of my money hidden well.

[lonelantern]

And you are who?

[israelandersonvideo]

Who AM I? WTF is who I am got to do with the law? If you're too stupid to use this thing called google and look at current legislation regarding this type of action, asking who I am is not going to help you. Get an education.

[theblackcrowe2003]

We don't listen to people named israel

[israelandersonvideo]

Oh WAKE UP!

[lonelantern]

Show me the LAW, or the link you found... and show me how smart you think are.

[israelandersonvideo]

Use google ya lazy wanker.

[lonelantern]

sorry... I'm busy editing my next video... come on hot shot... show us what you found, or are YOU to lazy?

[israelandersonvideo]

No, too BUSY doing something that will actually HELP the cause of freedom, not end up with me sitting in a jail cell facing Federal charges. Have fun, say 'ello to bubba for me :)

[lonelantern]

Thank you for your baseless facts... you have the nerve to post BS then don't have the decency to back up your case with a link, but you'd rather have us all hunt down some non-existent law... later.

[grainsofhope]

Isn't this the sort of action that caused the banking collapse in 1929?

[stonerj0e]

this video does not play. PLEASE CHECK INTO THIS!

[stonerj0e]

the video doesnt even play?

[StokeyBob7]

This might work if any of us still had any money left.

[sidious5150]

Didnt we get off the gold standard in 1971? Nixon took us off not FDR.

[raoulduke25]

This is incredible. Count me in.

[brutalsun]

They are purposely destroying the dollar and performing backdoor deals with Canada and Mexico to instate an Euro-type Currency. The deal has been made already 2 weeks ago when the US Canada and Mexico agreed to allow foriegn troops on sovierign soil "in emergency situations" We are being forced into one country.

[SamandDyl]

tomincal - YOU are an IDIOT!!  You're a racist pig too!

[TehBANN3D]

Agora! Anarchy! ACTION!

[fivebbk]

watch this high and you'll flip

[jitkochick]

lol. You get any chemically-induced addition insights?

[HGbunny]

I'm doing my part! I'm so broke I have no money to leave IN MY BANK!

[jooeyyjn]

who cares

[1964KH]

Thanks for the music reference, lonelantern!!

[tomincal]

I am going to withdraw over $100,000.00 from several banks and convert most to foreign currencies. SCREW THE HOOK NOSED FED!

[JesseKantstopolis]

The banking fraud will be exposed!

[Orenazt]

Down with the Money Monopoly!

Next stop: the Patent Monopoly, the Land Monopoly, and Taxes!

[pheasguide]

The land monopoly is starting in the state of SD. Insurance company buying tens of thousands of acres in my area. Small farmers can not compete and are selling out.

[chemturtles]

about time.

[mkk237]

You paultards are idiotic...the dollar is weak, therefore we should make an effort to further destabilize our economy. Great idea, get back in your bunker and stay there.

[mepos6639]

That's the whole idea.

Atlas Shrugged.

Time for your world to come down on top of you.

I'm tired of being a slave to the FED and its inflation that is sucking the wealth I earned.

You may want to stay home during the summer.

[Vitacore]

Why is the dollar weak? Hmmm. lol.

[rwcurrent]

You are among the minority to think people will respond to logic rather than act on emotion. Ask them to think, and they just give you the thumbs down. Thinking bad, thumbs down... panic and stupidity, thumbs up, good... After all, it's YouTube right?

[rwcurrent]

This is ridiculous, search "It's A Wonderful Life bank run (full version)" for what would be a great responce to this. 1) no significant number of people will do it, to think so is a joke. 2) if a significant number did, it'd seriously jeopardize the economy, and do far more harm than good. A run on a bank, all banks, never benefit the people, they only benefit the people who have boat loads of money to start with, who will take advantage of the situation.

[chere7up]

The loaning power WILL decrease provided many people do it. Thats why it will work. "We" the middle classed & poor arent applying for loans cuz we cant get a rate under 6.25 but the Fed Resrv loaned money to banksters @ 2 & 3%. Either the banksters are being greedy or the Fed Resv purposely lowered the rate so "their own" cartel group could buy everyone out. No Joke RW people will withdraw. I hope their money dont get grabbed up before they get it out

REMEMBER someone laughed @ money bombs & RP

[rwcurrent]

Chere7up, If the goal is to lower rates so more Americans can borrow even more money, then this is more idiotic than I first suggested. Illegal money hoarding, runs on banks, and all so the people with the highest personal debt levels in the world can get even DEEPER in debt? Illegal tactic that won't work, for a really bad goal, are you sure this isn't some terrorist propaganda? (that's sarcasm BTW, I suspect it's just too ridiculous to be an idea that didn't come from within the country)

[rwcurrent]

You cannot post responses to this video?

[DilithiumMatrix]

The effort to tell our representatives that the FED is unconstitutional and wrong isn't delusional... But this idea is. The FED is pumping both electronic and paper dollars into the banking system at such a rate that the tiny bit of cash taken out of circulation by a small portion of the middle class wouldn't even be noticed. The entire middle class only controls a very tiny portion of the money in the country. Most is controlled by large corporations who won't participate in this demonstration.

[questionsabound]

WHAT IS THAT SONG?

[lonelantern]

It is from the new Nine Inch Nails Album "The Slip"... you know the copy write free one... The song is track 9 and it is called "The Four of Us are Dying" You can download it from - NIN. com

[bagboygooch]

Better than sitting around and doing nothing. Sitting around and doing nothing is what got us here in the first place. Do you have a better solution metalliTool? Or are you going to continue with the crazy people do something while normal people are apathetic and allow themselves to be walked over. The effort to show our representatives that the FED is unconstitutional and wrong isn't delusional.

[jaywallace23]

i say... let's all join reality shows.

[MetalliTooL]

This has as much chance of working as the "don't buy gas for a day" crap. Are you people really that delusional?

[dawsonkidtko]

Did you buy gas on the day you weren't suppose to?

[grainsofhope]

No, I did not, but did it make any difference?

[grainsofhope]

I DID NOT buy gas on the day of the gas boycott. I do not live in Great Britain. It made NO difference in gas prices, unless you count the continual upward drift. This is fruitless and much more dangerous.

[SaveAmericaFightNWO]

yeah, but day, I saw the normal amount of people buying gas that day, of course they didn't know or care to know, the thing is, gas we need to buy, so you'd buy before or after the gas boycott. With money its different, they can't loan out money, where as gas you can't loan no matter what.

[marcianne98]

Good Idea! I closed an account a month ago. Get out of credit too. Mortgages, car loans, etc., it's all usury, and against God.

[brengale]

yeah I am doing the same thing and it is against God he said usury is a sin.

[1964KH]

Tell us what the background song is!

If you do that I promise to hand out at least ten posters to people.

Ok, so I'll do it anyway. But, let us know what the song is!

[lonelantern]

It is from the new Nine Inch Nails Album "The Slip"... you know the copy write free one... The song is track 9 and it is called "The Four of Us are Dying" You can download it from - NIN. com

[medithius]

Think before acting. Do we really want another Great Depression by engineering a bank run?

"A bank run is a type of financial crisis. It is a panic which occurs when a large number of customers of a bank withdraw their deposits because they fear it is, or might become, insolvent. This action can destabilize the bank to the point where ...the bank faces bankruptcy and calls in its loans...The bank's debtors (can then) face bankruptcy themselves - resulting (in) a long economic recession."

[jitkochick]

Good point, medithius, but I doubt there are enough people who will join this effort to do more than send a message. I plan to join but I'm pretty sure I'll leave my CDs to avoid penalty. The idea is radical, and we need something radical. But there are too many moderates waiting for a tide to take them to the next economic wave. I hope this radical wave will pound against the wave of fiat insolvency that has been building for decades.

[ProdigalMt]

What is this song? Can you post it in the info?

[magcitrate]

I'm in. Will withdraw $30k from savings over a few days. I'm disconnecting the money from the banking system for good. It's going into precious metals and getting buried somewhere. I despise the Federal Reserve.

[LordIeuan]

Yup, I'm cashing out & I'm posting the notice. Enough is enough! It's time to restore our Republic and only "We The People" can do it.

Start buying gold and silver people; a Google search can point you to reputable dealers that sell in affordable quantities.

[Zwikster]

Im cashing OUT and im in CANADA!

[LVMortgagePro]

comment on this video...the message needs to get out!

[thatstheguy07]

hopefully this gets passed around a lot more...

[spinldn]

Bankrupting this system brings about NESARA. It was secretly signed in 2000 I think. Then Bush stopped it. BANKRUPT OLD TO BRING IN THE NEW!

[nazgulazul]

Can you trasnlate this video to spanish please? I am not understand it all.

[recticuli]

Get smart people.... if you have lots of FRN's ( fiat )money.  now is the time to put thoses worthless pieces of linen into as much silver & gold bullion as possible and as soon as you can... You can have a truck load of FRN's here in the future, and it will not even buy a loaf of bread..

[ajze2213]

This sounds like a good idea, but it may be the perfect excuse for Bush to declare martial law. Depending on how many participate and the average balance of their accounts this could destroy between one and several hundred billion in capital (back of a napkin math ;). There is a good chance that it will create mass panic. The end result (if enough people participate) could be massive deflation of the money supply. This will plunge us into a depression similar the Great Depression.

[SquareRootOfMinusOne]

Bush is just WAITING for the right opportunity to declare martial law all right, and this could do it.

Better this than another staged terrorist attack like 9/11.

.

[thatsincentive]

hahahahaha

[Cameltoeguy]

Good job lonelantern... I think, and would have to recheck, if more than 5K is withdrawn, it is reported to IRS, so some may need more than 1 withdrawl... a deep freezer works...  there is a sign up form at

thisjune5th. com

should look at smartprofitsreport. com/ppc/t4/dollar0301. html (eye opener)

Also Fed Reserve at

answers. com/topic/federal-reserve-act?­cat=biz-fin

[rsmrtiddles]

It is interesting that the only person who really understood the problem with currency and decided to make a change to it and authorize currency issued by congress instead of the Fed was killed 4 days later. John F. Kennedy.

[lemonjello77]

Check into your history a little bit. Lincoln actually issued greenbacks, created by congress and had no interest debts because it was not created by a central bank. And he was assassinated too.

Andrew Jackson made it his duty to rid the country of the central bank, and he finally did sometime before the end of his final term.

The central bankers are a crafty bunch and they will stop at nothing for control. They took control of Europe a long time ago and had control off and on in the US.

[mrmjackson]

Share this please. I will participate and tell everyone I can. I do hope we can expand this to include many people. WE HAVE TO LET THEM KNOW. This is within our power to do.

[wingnut4427]

It is not enough to set a day limit. 10 days will not be enough to shake up the system. We need to put it to them like this. Our money will stay out of the system until Gas prices drop back down to no less than $1.50 per gallon & food prices are stable. This isn't enough though. Cancel insurance accounts, cancel services such as cable, cell phones, credit cards just to name a few. Anything You can live without the bigger the shock to the system the better. This will be the only way to shake them

[boojum402]

Asinine

[Cameltoeguy]

boo - not really...

should look at smartprofitsreport. com/ppc/t4/dollar0301. html (eye opener)

Also Fed Reserve at

answers. com/topic/federal-reserve-act?­cat=biz-fin (lot of good links)

[uncleardegree]

This is NOT the change that needs to be made to our monetary system. The U.S. Treasury note is fine, it just needs an actual basis for it besides faith. As for the video, it is Ron Pauls voice.

[uncleardegree]

That REALLY scares me. A bank panic caused by the people to do what? Continue to deflate the dollar? I have been having a discussion on Break the Matrix with one individual who wants our money to be a free market, where everyone could honestly create their own money and it'd compete against the dollar.

[flyhye]

let's go!!

[katydig]

Most people will not understand this video. We need to download the "Public Notice" and send it out to everyone we know ASAP. People need time to research the subject so they understand what June 5th is supposed to do. I recommend Ron Paul's book "The Revolution" b/c it explains in simple terms our current and rapidly worsening economic crisis. One thing I don't understand - how will this effect the savings of other people who are not participating?

[brechindo]

Im absolutely going to do this! Even if I put it all back 10 days later, the banks will FEEL this.

If I have to hide my money in 10 different places in my home during those 10 days, so be it.

[czorbin]

dude.. we can't do that. thats called money hoarding, it happened in the 1930's too. people all panicked when the markets crashed and took their money out of the banks where it was at least retaining its value. the only thing the FED will do to respond to something like that is immediately draw back on inflating the money supply long enough for us to have wasted all our money then they'll hyper inflate and the money have will still be worthless.

[czorbin]

not everyone can take out their life savings and just buy commodities. I like the idea, its fresh, sorta. we need to be thinking of ways out of the system that don't involve everyone living under the same crap forever.

the human race has come a long way in a short journey and our fate is to be tested. do we collapse under the machines we build or do we continue on?

[brendanmcooney]

1.what am i supposed to do with my entire life savings? put it in my mattress?

2.I agree that inflation hurts the working class, but doesn't causing a run on the banks also endanger everyone's savings?

3.I think this argument that the Fed alone is responsible for low interest rates needs to be fleshed out more concretely.What exactly are all the forces the lead to the establishment of interest rates?

4.We need more details at to what a new gold standard and a democratic central bank looks like

[lonelantern]

hold it for 10 days...

[Journeywithinn]

Put your money in a safety deposit box for 10 days..it us usually free to get one for the first month. There is already not much interest on savings. It will only endanger the lending. AND I think you raise very valid questions. Look at the constitution and you will see about gold standard and infer why.

[brendanmcooney]

I'll think about the safety deposit box- not a bad idea. In terms of the gold standard, my understanding (and i'm not an expert) is that the gold standard was eliminated in 33 in order to keep US gold reserves from being depleted- gold was being demanded from foreign governments to pay off international debts. We are in a similar position with international debt today. We seem to be in a Catch 22- we need a measure of value that is reliable, but then we will have to use it to pay off debt!

[ajze2213]

Saftey deposit boxes aren't so safe. You won't be able to access them if the banks are shut down and the Feds could easily decide to raid them.

[jitkochick]

I'm sorry you were given thumbs down. Your questions are legitimate and should have been answered rather than scoffed. A movement without inquisitive and educated participants is doomed. I give you a thumb up for asking questions. I can't answer all your questions but it IS solely the fed reserve that controls interest rates. It is privately-owned and unaccountable to the government or people. Greed is one of its major driving "forces".

[brendanmcooney]

thanks for the support. I think that a lot of the discussion about the FED is good to be having, but there needs to be more critical thought in it. In terms of interest rates, while the FED fixes the interest rate, I think it could be argued that they do so within a narrow range- we are still left with the question of what determines the general supply and demand for money capital. Many argue that Chinese loans were holding interests rates abnormally low for instance...

[vhbeazel]

When will this be available in Spanish, French and Portuguese??

[newgtguy]

It concerns me that this is on 6/5. These numbers combined (ying and yang) are very significant to the lucifarians who run our country. If you want proof look at the numerology around 911.

[grovernors]

Your concerns ARE justified 6/5/1933 WAS the day the gold standard was removed by the lucifarian banksters.

[matrixm777]

Count me in...

[MayaAllalie]

I love the idea; in order for it to be effective there must be a critical mass participating. I'll tell two friends, and you'll tell two friends....go viral...lets spread this meme!