Imagine, if you can, that all the money you have in the bank – checking account, savings account, CD’s – whatever – is suddenly seized by the government. No, not because you didn’t pay your taxes – the government seizes everyone’s bank accounts. And we mean you are shut out – the banks are literally closed, ATMs don’t work – complete shut down.
Think this is some nightmare only conjured up by the twisted minds at The Outrage? Think again – this is the reality for the people of Argentina. Young and old, rich and poor, Argentines are literally being deprived of every source of cash due to the government’s gross mismanagement of fiscal affairs, and its desperate measures to correct the resulting fiasco.
We’re not talking about limits on withdrawals. Normal citizens cannot get cash. Period. No cash to buy groceries, no cash to buy gas, no cash to pay employees. Affluent people suddenly become impoverished. All because of an arbitrary government seizure of their money.
Think it couldn’t happen in America? Are you old enough to remember Jimmy Carter’s gas rationing? How about when Richard Nixon, a Republican, instituted sweeping wage and price controls to control inflation? The Savings and Loan Crisis? And unless you were born yesterday – literally – you must remember that California has trouble keeping the lights on – do they run the banks like they run the utilities?
How safe is your money?
READ ALL ABOUT IT!
To read more about the Argentine banking fiasco see:
http://www.csmonitor.com/2002/0426/p01s03-woam.html
No… fear-mongering, plain and simple.
That depends entirely on who gets trusted to mint the stuff. I choose
a private corporation based in Nevis, most Americans choose the US
Congress. Time will tell who is right…
JMR
—
Regards, James M. Ray <jray@omnipay.net>
DH/DSS-PGP= OxAE141134 GPGkey possibly coming soon.
Try e-gold http://www.e-gold.com/e-gold.asp?cid=101574
“e-gold is to money what email is to letters.” — JP May
Was this worth two cents? http://101574.clicktwocents.com
The governmnet does a great job of spending money they don’t have OUR money! So It could happen it is like letting the fox guard the hen house at some point they will get eatten besides it already happened here didn’t it? I t was called the great depression!!!!
The simple truth is that ALL government employess are on welfare anyway. Think for a moment the basis of their income..taxpayer dollars, the same “pot” of money doled out to welfare bums? The difference of course is, we gave these welfare frauds power, even more that we have. In return they would take all our money if they needed to, with some dope faced public service speech I am sure. Ask those from WW1, they will tell you how sugar was banned. Sugar you say? Because of its connections and shortages, so think if it were something greater, like MONEY.You bet they would.
It sure will, just wait, the time for all of us in the US is comming.
After reading some of your stories and remembering a few things our government has done i think we should all be very concerned about our future
Do I think the BAnks could close in the good old USA? Hell, yes. That’s why I keep large amounts of cash at home! oops, now I sound like a drug dealer. Okay, I’ll get back with you when I work that out!!
Our “money” today isn’t really
money at all. The value of a
dollar was set by Congress in
1792 as being 371.25 grains of
silver. How much silver is in
our money today? Think about
it. It’s all just paper and
base metals. Why is a $100 bill
worth 100 times more than a $1
bill? Just because some
bureaucrat says so? That’s not
good enough. Why do you think
legal tender laws are in place?
It’s not only so no one can
counterfeit, it’s also so we
are forced to accept their
paper as “money.” When the gov’t does what a counterfeiter does, somehow that makes it legal. There’s no silver or
gold backing money up anymore,
only the promise made by the
gov’t on behalf of the American
taxpayer. When a foreign gov’t
defaults on a loan, guess who
picks up the tab? You got it.
The American taxpayer. Our
money today is worthless, and
sooner or later, it’ll be time
to pay the piper. Buy gold, and
lots of it.
They have taken our sons to fight a non existant war! They have let our jobs be taken off shore.(paid for with our taxes) Why not money?
The first post (go right to the bottom of this page) alleges this article is “fear mongering”. Well, it is somewhat fear inducing at the very least. What is at issue then is whether the fear is justified.
The history of governments when it comes to personal property is hardly exemplary. Could any of the abuses to personal property of Malaysia (1998), England & Italy (1992), Peru (1980’s), South Africa (1980’s), Germany (1930’s), and most recently Argentina, happen in the USA? You better believe they could. In an environment of ever increasing control/ surveillance, diminution of property rights and confiscatory taxation the government is moving closer and closer to control of the nations wealth.
Hell yes it could happen in America. All the more reason to be your own bank! http://www.norfed.org
The U S gov has been taking away our rights and no one has stopped them, I guess the money is next….
How dare we question our beloved government leaders? They only have our best interest (rate) at heart? Better watch what you say about the federal government in America! George W even said himself, “If you’re not with us, you’re with the terrorists.” Wow, talk about freedom of speech. It’s not a question of if we’re going to become a police state where our basic “capitalistic liberties” are taken away with the rest of the Bill of Rights, but when the Republicans are going to coax us into it.
It is only a matter of time before the type of biblical incidents
start taking place. Europe now as a euro made of 10. Soon
we will request that individuals in the military have some type
of laser imbedded mark to receive their pay. Are we safe…
of course not. All the gutless, spineless, sniveling citizens
that I and others protected in various wars don’t care. As
long as they can turn on their TV and their lamp works, and
they can flush their fecal waste down the toilet That is what
the average American considers important, not their personal
rights. The very rights that have been protected and
preserved by men that I and others trained.
The government is corrupt. Anything it touches will be corrupted, plain and simple. Where do you think we get these people from? Space?! Rich buisness people are being elected, and they run the government just like a buisness. If they own us, along with our cash, dont you think they’ll stretch both cash and us to the limit and beyond?
The question isn’t ‘how safe is your money’? The REAL question is Does your money exist? Just because that bank statement says so doesnt make it tangible !!! Lets try it .. Everyone call in your loans .. and lets see how much $money$ there is ! Lemme get outta town first .. there’ll be bodies cracking the pavement off every high rise on the continent !