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Author Topic: US Banks about to crash  (Read 8413 times)

Offline buzneg

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US Banks about to crash
« on: July 27, 2008, 06:55:14 AM »
Looks like it's going to drop this year. Indymac was the 2nd largest bank failure in history, and 2 huge banks are next to go under. Ron Paul is also saying a big event with the economy will happen soon.

http://www.dailykos.com/story/2008/7/26/8327/37155/49/557261

Free Energy | searching for free energy and discussing free energy

US Banks about to crash
« on: July 27, 2008, 06:55:14 AM »

Offline Xaverius

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Re: US Banks about to crash
« Reply #1 on: August 02, 2008, 10:13:13 PM »
Looks like it's going to drop this year. Indymac was the 2nd largest bank failure in history, and 2 huge banks are next to go under. Ron Paul is also saying a big event with the economy will happen soon.

http://www.dailykos.com/story/2008/7/26/8327/37155/49/557261

Bankers now own the earth, with Free Energy or the coming Depression they will be destroyed, the filthy basturds!!

Offline 5horses

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Re: US Banks about to crash
« Reply #2 on: August 03, 2008, 06:53:09 AM »
That's the result of believing in a paper currency system where NOTHING is actually paid for. Only DISCHARGED.  :'(

Read Wests' Negotiable Instruments. U will learn how 'paper' became, and now is, is above the law.

The paper version of white collar 'over unity' catching up w/them.

5horses

Free Energy | searching for free energy and discussing free energy

Re: US Banks about to crash
« Reply #2 on: August 03, 2008, 06:53:09 AM »
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Offline buzneg

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Re: US Banks about to crash
« Reply #3 on: August 04, 2008, 07:27:54 AM »
I felt that way for awhile too. But there is nothing wrong with paper currency, whats wrong is the stupidity of the population. Everyone could be very wealthy very easily, even after a great depression has struck. The problem is everyone is so used to money as being something special, and they're baited into using the goverments currency, and banks. Baited to use the currency because taxes must be paid in them, and banks because they increase the supply of money all the time, and the only way to get some of that you have to have it in the bank, even though they print a larger percentage then the deposites gain, so the population still loses. It's encouraged to go into dept by this printing aswell, which is a death lock.

But anyways the people get the government that they deserve, they'll just pay for their meals before they eat because the price of the meal rises so much durning the meal, and not understand they could just make their own money system, and not have these problems.

Offline hoptoad

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Re: US Banks about to crash
« Reply #4 on: August 04, 2008, 08:47:29 AM »
Bankers now own the earth, with Free Energy or the coming Depression they will be destroyed, the filthy basturds!!

No one owns the earth, however rich, powerful and deluded they may be. The earth owns each and all of us.
The path of all peoples leads from ashes to ashes and from dust to dust  .... KneeDeep

Free Energy | searching for free energy and discussing free energy

Re: US Banks about to crash
« Reply #4 on: August 04, 2008, 08:47:29 AM »
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Offline Xaverius

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Re: US Banks about to crash
« Reply #5 on: August 04, 2008, 09:30:47 AM »
No one owns the earth, however rich, powerful and deluded they may be. The earth owns each and all of us.
The path of all peoples leads from ashes to ashes and from dust to dust  .... KneeDeep

Quote from a central banker "Take away all of the wealth of the world today, and by tomorrow, with the stroke of a pen(to write a check with) I will bring it all back into existence.

Offline hoptoad

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Re: US Banks about to crash
« Reply #6 on: August 04, 2008, 11:27:12 AM »
Quote from a central banker "Take away all of the wealth of the world today, and by tomorrow, with the stroke of a pen(to write a check with) I will bring it all back into existence.
He's got a God complex I'd say. Give him a shot of humility and let him eat his check when he's hungry   :D

Free Energy | searching for free energy and discussing free energy

Re: US Banks about to crash
« Reply #6 on: August 04, 2008, 11:27:12 AM »
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Offline utilitarian

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Re: US Banks about to crash
« Reply #7 on: August 04, 2008, 11:30:32 AM »
If you really truly think banks are about to crash, well, get rid of all your cash by converting it into real estate or gold or other tangible good that can be traded if currencies were to collapse.

Offline Yucca

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Re: US Banks about to crash
« Reply #8 on: August 04, 2008, 12:50:19 PM »
Friday 1st August, another one bites the dust:

First Priority Bank in Bradenton Florida.

http://www.fdic.gov/bank/individual/failed/firstprioritybank.html

Free Energy | searching for free energy and discussing free energy

Re: US Banks about to crash
« Reply #8 on: August 04, 2008, 12:50:19 PM »
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Offline z.monkey

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Re: US Banks about to crash
« Reply #9 on: August 05, 2008, 01:27:23 AM »
Howdy Y'all,

This is all about Karma.  Money is inseparably connected to Karma.  If you run a dishonest business, or worse yet a dishonest world economy you can expect it to fail.  Fiat money can be created out of nothingness, so it is worth nothing.  The only thing that actually has value is human labor.  Everything else is raw materials or products.  Products are of greater value than raw materials because human labor has been expended to produce them.  Gold ore is a raw material.  A gold coin is worth more because human labor is required to transform the gold ore into coinage.  The coins can be transformed into a more valuable product by adding more labor, say by turning the coin into a gold wedding ring.  The Federal Reserve creates money out of nothingness then loans it to the US Government at interest.  This means the US Government cannot possibly ever repay the debt.  Think of the unbelievable amount of bad karma that the Federal Reserve has accumulated, of course they are going to fail, its just a matter of time.  Money will be based on precious metals and other valuable materials again in the future.  The coming total collapse of the world economy will guarantee that.

Blessed Be Brothers...

Offline buzneg

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Re: US Banks about to crash
« Reply #10 on: August 05, 2008, 01:45:20 AM »
If you really truly think banks are about to crash, well, get rid of all your cash by converting it into real estate or gold or other tangible good that can be traded if currencies were to collapse.

Don't get rid of your cash, get rid of your deposites at banks. Physical cash is a good thing to have right now, because when banks crash the money supply will drop like a rock, unless they inject more liquidity, bail outs etc. It may be that the banks don't crash, but they will have to bail them out, and that will cause hyperinflation in maybe 6 months afterwards as the money circulates. With banks crashing there will be delation this is why cash is good, while everyone else lose their deposites, all that "money" that was there will be written off the money supply, and the price of everything will go down, so the few people with cash can buy everything for cheap. Most likly they will let all the smaller banks crash, and then bail out the big banks, which they are buddies with. This will cause deflation, and then inflation. First they drive down the price of everything, and then they buy everything, and by the time the inflation settles in all the parties which are out of the loop would have sold their useful assets for cash, which soon after becomes worthless.

Cash is good incase deflation happens, but Gold Silver, and useful assets are good to have incase inflation takes over. They could easily cause inflation or deflation to happen, it can't be predicted which will happen, I think inflation will happen though, becasue if people go to the bank and see they have no money they will get pissed, but if the price of everything goes up the media can always give excusses, and it's less of a shock.

Free Energy | searching for free energy and discussing free energy

Re: US Banks about to crash
« Reply #10 on: August 05, 2008, 01:45:20 AM »
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Offline Cap-Z-ro

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Re: US Banks about to crash
« Reply #11 on: August 05, 2008, 01:49:07 AM »

Get hooked up to an organic grower and start storing food...its going to get bad before it gets worse.

Here is a list of store closures...

Ann Taylor  closing 117 stores nationwide.

Eddie Bauer to close more stores after closing 27 stores in the first quarter.

Cache, a women's retailer is closing 20 to 23 stores this year.

Lane Bryant, Fashion Bug, Catherines closing 150 stores nationwide

Talbots, J. Jill closing stores. Talbots will close all 78 of its kids and men's stores plus another 22 underperforming stores. The 22 stores will be a mix of Talbots women's and J. Jill.

Gap Inc. closing 85 stores

Foot Locker to close 140 stores

Wickes Furniture is going out of business and closing all of its stores. The 37-year-old retailer that targets middle-income customers, filed for bankruptcy protection last month.

Levitz - the furniture retailer, announced it was going out of business and closing all 76 of its stores in December. The retailer dates back to 1910.

Zales, Piercing Pagoda plans to close 82 stores by July 31 followed by closing another 23 underperforming stores.

Disney Store owner has the right to close 98 stores.

Home Depot store closings 15 of them amid a slumping US economy and housing market. The move will affect 1,300 employees. It is the first time the world's largest home improvement store chain has ever closed a flagship store.


More here..

http://www.marketoracle.co.uk/Article5723.html



Offline nocnoc

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Re: US Banks about to crash
« Reply #12 on: August 05, 2008, 01:51:47 AM »
FYI, the FED is no governmental body as you might think, it's a PRIVATE bank: http://www.apfn.org/apfn/reserve.htm
How much gold reserves do you think is still stashed in Fort Knox? http://www.apfn.net/Doc-100_bankruptcy10.htm

Offline z.monkey

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Re: US Banks about to crash
« Reply #13 on: August 05, 2008, 02:05:30 AM »
Howdy Y'all,

Fort Knox?  I thought they mothballed that facility.  If there was something there the International Banks probably stole it in the middle of the night.  So it is saddening to hear that so many businesses are suffering.  My tiny engineering business is suffering also.  This is what the Illuminati have done to us and it is they who should suffer the consequences of their actions.  Our nation will survive this but there are going to be a lot of changes.  Like Cap-Z-Ro said, stock up on those foodstuffs, water and build some FE generators we are going to need them...

Blessed Be Brothers...

Offline Sprocket

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Re: US Banks about to crash
« Reply #14 on: August 05, 2008, 02:06:25 AM »
It's not just the US that has problems, 'they' are out to bankrupt as many countries as they can.  True, the greenback is backed by nothing (gold etc.) so the US government can and does borrow as much of the stuff as they think they need, knowing all the time that it's the American taxpayer who is stuck with the bill!   However, while the mighty US now owes about 12 trillion, I was surprised to discover that the UK owes a whopping 8 trillion!!!  In fact, when go through what each country owes, you get an overwhelming sense that some of the world's poorest countries are far better off, as they owe a pittance in comparasion...

 

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