Will You Be Able to Access the Cash in Your Bank Account in the Near Future?


Hello everyone!

My friend invited me to read this article on current trends in the US Banking sector that can happen any day now.  Craig R. Smith another forthright economic analyst shares his take on the current state of the US Banking system.  Craig is basically saying that, the US Government is going to confiscate your money via Presidential Executive order.  How do you feel about this information.

Edward Reidhead

Securing A SAFE Future You Can Bank On!

Shocking New Book Exposes The Unsafe World of 21st Century Banking
DMB By DAVID BRADSHAW, Publisher, Idea Factory Press

20 Economic Predictions Come True Since 2010
DON’T BANK ON IT! book Offers 20 New Warnings!

INTRODUCTION

When it comes to financial matters, who can you really trust?

On 9.16.14 the most important financial book of the year: DON’T BANK ON IT! THE UNSAFE WORLD OF 21st CENTURY BANKING by Craig R. Smith and Lowell Ponte was officially released – which predicts your bank account may be hit by any of 20 major threats – dangers that daily news headlines are already reflecting, such as…

* The Cyber-Terror Bank Bailout: You on the HookBloomberg
* Banks’ Failure Plans Inadequate Say RegulatorsABC News
* US Banks Braced for Trillion Dollar OutflowsFinancial Times
* G20 Edging Towards Deal on ‘Bail-in’ For BanksReuters
* In Banks We Used To TrustMarketwatch

In fact, authors Smith and Ponte had to keep updating this earthshaking new 256-page book because their amazing predictions kept coming true coming true as printing day neared!

Most of today’s so-called economic “experts” offer plenty of financial market predictions, yet no accountability later on. We think the best test is how accurate an economist or expert has been in the past.

Here are 20 predictions Craig and Lowell have made over the last five years. Another 20 sober new warnings for the next five years can be found in DON’T BANK ON IT!


1. Beginning with their 2010 book CRASHING THE DOLLAR, monetary expert Craig R. Smith and veteran think tank futurist Lowell Ponte warned that vast government economic stimulus spending would not only fail – but would also be an “anti-stimulus” (page 182) that made things worse, not better.

CTD As they predicted, the stimulus caused fear and an expectation of high inflation that frightened businesspeople out of hiring and investing. This made the economy worse.

Keynesian economists in the White House predicted that huge stimulus by printing trillions would produce $1.50 in growth for every dollar they conjured out of thin air.

Years later, the results are that each stimulus dollar generated only 29 cents’ worth of growth, a waste of 71 cents per dollar, showing that Craig and Lowell’s “anti-stimulus” prediction was absolutely right on the money. (See THE GREAT DEBASEMENT, pp. 115-116)

2. In CRASHING THE DOLLAR, Craig and Lowell also warned of the coming bulldozing of homes and economic madness in Detroit (p.52); of the economic peril of the “dark matter” of the “money universe,” hundreds of trillions of dollars’ worth of derivatives (pp. 100-103), and of how America’s “life-or-death long-term bet” that we could turn China capitalist “before we transferred enough wealth to make it militarily superior to us” appears to be a losing wager (p. 23).

3. Craig and Lowell in CRASHING THE DOLLAR also warned that President Obama was a threat to use the Internal Revenue Service (IRS) as a political weapon (pp. 125-126), a prediction that proved to be chillingly accurate as two years later the IRS had targeted conservative and tea party 501(c)3 organizations.

4. In their 2011 book THE INFLATION DECEPTION, Craig and Lowell warned that a withholding of services by America’s overtaxed producers was coming – not unlike the strike depicted in Ayn Rand’s novel ATLAS SHRUGGED. Companies were keeping $3 Trillion overseas, beyond the reach of U.S. tax collectors (p. 58), and what today we call “tax inversions” were soon to begin.

TID 5. They predicted that the mere existence of a Big Government political party able to win control in any election produces a “Donkey Effect,” a drag that reduces business confidence and investment by roughly 25 percent (pp. 197-198, 201-202).

6. Craig and Lowell explained the genetic basis for American Exceptionalism in a specific “entrepreneurial” gene more common in those who chose to come here than is found elsewhere. This gene predisposes us to seek religious and economic freedom. They predicted that this raises our risk of stress-related diseases such as hypertension and cancer as Progressives turn America into the kind of Big Government society our ancestors fled to come here. Craig and Lowell warned that this same gene that made America successful is now, under Progressive Big Government, disproportionately killing the descendants of American pioneers. (p. 131-136).

7. The Federal Reserve, warned Craig and Lowell, is rapidly becoming a Fourth Branch of Government and the planner and regulator of our entire economy…an odd role for an entity supposedly created to keep politics out of monetary policy (pp. 54-55).

8. Fed policies, they warned, are crowding out small businesses from access to loans, and diverting those loans at rock bottom interest rates to government itself (p. 27).

9. Craig and Lowell were the first popular economics writers to point to evidence that several hundred billion dollars in foreign money used in “bear raids” against American banks were a key trigger of the near-collapse of the U.S. economy in 2008 (p. 28-31).

10. They explained how America had become an “Inflatocracy”, with a government of, by, and for inflation, a hidden tax (p. 189).

TGD 11. In their 2012 book THE GREAT DEBASEMENT, Craig and Lowell noted the emerging paradox that the stock market now goes up on bad news in the economy and down on good news. This is because all that now matters in the stock exchange casino is whether events will force the Federal Reserve to keep conjuring more trillions of paper dollars out of thin air. Stocks no longer have much to do with how well companies make or sell products (pp. 21-22).

12. Government stimulus policies, predicted Craig and Lowell, would henceforth produce not only a “multiplier effect” but also a “divider effect” by more heavily taxing some to buy the votes of others (pp. 85-86, 115-117).

13. They predicted more and more terrifying Middle Eastern and other terrorism that could involve the damage caused to global banking by EMP (Electro-Magnetic Pulse) devastation of computerized bank records (pp. 175-178).

14. Craig and Lowell predicted that in the emerging “cashless society” the government will impose an automatic 20 percent tax on every transaction (pp. 220-221).

15. And they predict the possible emergence of a new gold-based Islamic coin and other challengers to the world’s paper currencies, including today’s “global reserve currency,” the U.S. Dollar (pp. 246-249).

16. In their 2013 book THE GREAT WITHDRAWAL, Craig and Lowell foresee that we live in a time that will continue to bring many great withdrawals (p. 224):

(a) Americans renouncing their citizenship in record numbers;

TGW (b) “American companies…moving their operations overseas via foreign corporate partners” to avoid sky-high American taxes;

(c) Americans withdrawing from high-tax states such as California to low-tax states such as Texas;

(d) Unionized public employees withdrawing from their unions;

(e) Americans withdrawing from the workforce altogether;

(f) Savers withdrawing from bank accounts and bonds funds in what looks like a slow-motion bank run.

(g) Germany attempting (unsuccessfully) to withdraw their gold on deposit with the New York Federal Reserve Bank.

(h) Voters withdrawing their support from both major political parties;

(i) The Federal Reserve withdrawing gradually from its most recent economic stimulus program.

17. Craig and Lowell in this 2013 book also predict that an inflation tsunami is coming (p. 129), and that our government will continue to be a “Crisisocracy”, creating and exploiting crises to control and silence Americans (pp. 130-131, 137-138).

18. In their stunning fifth book together, DON’T BANK ON IT! THE UNSAFE WORLD OF 21st CENTURY BANKING, Craig R. Smith and Lowell Ponte predict that your bank account may be hit by any of 20 major threats (pp. 215-219).

Each one of these 20 perils is its own prediction, and most have already begun to come true in various ways.

Jesse James today would probably be unable to rob your bank, but they reveal that you might have trouble getting what you think of as your own money out of your bank, too.

The risks Craig and Lowell reveal are often amazing and always eye-opening.

You could lose your banked money to one of 125,000 Chinese cyber-warriors half a world away; to greedy banksters; or to rapacious spendaholic politicians who desperately need ever-more revenue to keep expanding the welfare state.

19. Your bank account exists only in a bank computer, not a bank safe, and is being robbed systematically right now.

20. Banking (as we know it) will soon die, Craig and Lowell predict, as will our old notions of money. The dawning “cashless society” and “Internet of Things” that are taking over will be convenient, costly, and risky. You might soon even be robbed via computer chips built into your next refrigerator, Craig and Lowell predict.

Seize this opportunity to receive a FREE review e-copy of DON’T BANK ON IT! THE UNSAFE WORLD OF 21st CENTURY BANKING. Call 800-289-2646 or Register here.

Your bank account is systematically being robbed, and is at serious risk of being seized and looted. How much interest is your bank paying you to put your money at such risk? Less Than Zero Percent!

Monetary expert Craig R. Smith and futurist Lowell Ponte show why it has become illogical – and hazardous to your wealth – to trust your money to today’s increasingly vulnerable and unsafe banks.

Get Your FREE e-copy of DON’T BANK ON IT! THE UNSAFE WORLD OF 21st CENTURY BANKING TODAY! (A $20 value!)

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Unsealed court-settlement documents reveal banks stole $trillions’ worth of houses


Wow!  Is this the way Banks do business with Homeowners here in the United States?  I’m learning more and more about the mortgage banks and the different illegal activities they engage in.

Ed Reidhead

 

Unsealed court-settlement documents reveal banks stole $trillions’ worth of houses

Cory Doctorow at 8:46 am Mon, Aug 12, 2013
 
Back in 2012, the major US banks settled a federal mortgage-fraud lawsuit for $95,000,000. The suit was filed by Lynn Szymoniak, a white-collar fraud specialist, whose own house had been fraudulently foreclosed-upon. 

When the feds settled with the banks, the evidence detailing the scope of their fraud was sealed, but as of last week, those docs are unsealed, and Szymoniak is shouting them from the hills. The banks precipitated the subprime crash by “securitizing” mortgages — turning mortgages into bonds that could be sold to people looking for investment income — and the securitization process involved transferring title for homes several times over. This title-transfer has a formal legal procedure, and in the absence of that procedure, no sale had taken place. See where this is going?
The banks screwed up the title transfers. A lot. They sold bonds backed by houses they didn’t own. When it came time to foreclose on those homes, they realized that they didn’t actually own them, and so they committed felony after felony, forging the necessary documentation. They stole houses, by the neighborhood-load, and got away with it. The $1B settlement sounded like a big deal, back when the evidence was sealed. Now that Szymoniak’s gotten it into the public eye, it’s clear that $1B was a tiny slap on the wrist: the banks stole trillions of dollars’ worth of houses from you and people like you, paid less than one percent in fines, and got to keep the homes.
Now that it’s unsealed, Szymoniak, as the named plaintiff, can go forward and prove the case. Along with her legal team (which includes the law firm of Grant & Eisenhoffer, which has recovered more money under the False Claims Act than any firm in the country), Szymoniak can pursue discovery and go to trial against the rest of the named defendants, including HSBC, the Bank of New York Mellon, Deutsche Bank and US Bank.
The expenses of the case, previously borne by the government, now are borne by Szymoniak and her team, but the percentages of recovery funds are also higher. “I’m really glad I was part of collecting this money for the government, and I’m looking forward to going through discovery and collecting the rest of it,” Szymoniak told Salon.
It’s good that the case remains active, because the $95 million settlement was a pittance compared to the enormity of the crime. By the end of 2009, private mortgage-backed securities trusts held one-third of all residential mortgages in the U.S. That means that tens of millions of home mortgages worth trillions of dollars have no legitimate underlying owner that can establish the right to foreclose.

This hasn’t stopped banks from foreclosing anyway with false documents, and they are often successful, a testament to the breakdown of law in the judicial system. But to this day, the resulting chaos in disentangling ownership harms homeowners trying to sell these properties, as well as those trying to purchase them. And it renders some properties impossible to sell.

To this day, banks foreclose on borrowers using fraudulent mortgage assignments, a legacy of failing to prosecute this conduct and instead letting banks pay a fine to settle it. This disappoints Szymoniak, who told Salon the owner of these loans is now essentially “whoever lies the most convincingly and whoever gets the benefit of doubt from the judge.” Szymoniak used her share of the settlement to start the Housing Justice Foundation, a non-profit that attempts to raise awareness of the continuing corruption of the nation’s courts and land title system.

SOURCE: BoingBoing

New York Getting Ready to Prosecute Banks for Violations of Settlement


Good afternoon Family and Friends!
I get to share this excellent article from Livinglie’s Weblog on the law suit being filed by New York State Attorney General Eric Schneiderman. This site is an excellent source of information, with a reported over 8,200,000 visitors served. Take a look around and I’m sure you will learn something.
Enjoy,
Ed

Livinglies's Weblog

At the end of the day everyone knows everything. If you start with the premise that the securitization of debt was a farce and that the necessary element of the false securitization of mortgage loans was the foreclosure of those loans, then you move one step closer to understanding the mortgage and foreclosure mess and a giant step forward to understanding and implementing a solution. All the actions, statements and myths promulgated by the Wall Street banks become clear, including their violation of every consent decree,order and settlement they ever made with respect to mortgage loans.
Attorney General Schneiderman of New York seems to understand this and he is taking the mega banks to task for violating a settlement that looks like pennies on the dollar. He doesn’t care why they violated the $26 Billion settlement but he is taking action for their consistent violation of the settlement. But I…

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DECEMBER 4, 2012
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“REVALUATION WARNING! AND… NEWS
IQD IS CURRENTLY RE-APPEARING ON TELLER SCREENS IN MANY AREAS AND ACROSS THE BACK END OF THE BANKING SECTOR. THIS COULD BE A PART OF THE PLAN TO HAVE IT JUST “APPEAR” SORT OF SUDDENLY, SO CALLING YOUR BANK WILL PROBABLY NOT HELP, BUT MAY WELL DELAY THE NUMBERS AND VALUES BEING RELEASED.THERE IS A COMPLICATED BACK STORY HERE INVOLVING GROUP AND EARLY CASHOUT OR “EXCHANGE OPPORTUNITIES” HOWEVER I WILL NOT GO INTO IT AT THIS TIMEYESTERDAY WE HAD A NUMBER OF INTERESTING DEVELOPMENTS:[Blaino] Announcement: to clear up misconceptions, questions, ETC… And due to freshly received intel in the last few minutes …. I am taking planetdinar to dinaricon level 5+…. I still cannot give a “PASS”…..

Blanio: PLANETEERS… JUST IN CASE YOU HADN’T NOTICED…. THE RV …. DIDN’T APPEAR …. AGAIN…. TODAY! I HEAR THE CHINESE FLEET IS ON THE WAY…. SAVE YOUR PIZZA DISCOUNT COUPONS… AND MEBBY WE CAN NEGOTIATE OUR WAY 0UT OF THIS…. BEFORE THEY DOCK IN RENO!
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CHALK TALK WITH RAY BROOKS TONIGHT! CAN YOU SAY “LAST CHANCE?”…… (MEBBY!)There have been a lot of comments and observations in the land of dinars about the “Lottery Winner” syndrome….and rightfully so. Many of you are familiar with the old saying about “You don’t plan to fail, you fail to plan”. Without the proper forethought and structuring, thousands of you will fall victim to scammers, relatives you do know (and some you didn’t know you had), frivolous lawsuits, staged accidents, and real world catastrophic situations that can take away
what you have waited for and counted on for so long. There are those out there who are trying to sell you anything they can to make money for themselves at the expense of you and your family and there are those “Macho” types who think asset protection is silly because “real men” don’t need it. They can handle the IRS and the scammers all by themselves. When the dust settles and the aroma of Bovine Excrement finally clears the air, the truth that is always going to still be
standing is that, in this country, the only true form of asset protection is the use of irrevocable trusts. Ask yourself something……..why is it that the super wealthy in our country won’t use anything else? Are you still not ready to face reality? Then come to the Trusts Unlimited LLC presentation calls and question the trust attorney during the Q&A part of each call. The call is obviously free and so is the incredible education they offer. They tell everyone on every call that they are welcome to take the TU educational material to the trust attorney of their choice if they wish. And the offshore seminar post-RV for the TU customers is something you need to hear
about on their calls. The offshore seminar will show you how you can LEGALLY avoid taxes on your capital gains. It’s part of the IRS Code that the super wealthy have used since the ’70’s. You can use it too. Their mission is to offer you and your family a free trust education. And they are VERY good at what they do.
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PSS Read this twice!

The Trusts Unlimited LLC presentation call tonight is even more important than most. Some salient points to ponder:

1. The only trust business in the dinar world that has a compensated spokesman who is a practicing trust attorney.
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I happen to know that they are working with their offshore people right now trying to make available at least some of the services that were expected to only be available post-RV. You need to be aware of this information to be able to make a final informed decision about the best way to protect your family’s assets for generations to come.

 

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ASSET PROTECTION: KEEP YOUR STUFF!
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ASSET PROTECTION: KEEP YOUR STUFF!

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ASSET PROTECTION: KEEP YOUR STUFF!

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ASSET PROTECTION: KEEP YOUR STUFF!

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