EXTRAORDINARY AH Teaching from Spiritual Hierarchy
  NEW READERS! Read Here First
  Supporting AH
  Leadership of AbundantHope
  Regional AH Sites
  Other Sites with AH material
  Contact Us
  Becoming A Messiah
  Mission Ideas
  System Busting
  Cleric Letter/English
  Translations of Cleric Letter
  AH Member Writings
  Brian's Poetry
  Telepathic Messages
  Jess Anthony
  Lucia G
  Targeted Messages
  Light Flower
  Changing The Face Of Religion
  - Phoenix Journals - PDF in German
  Candace on Religion
  Other Spiritual Pieces
  Spiritual Nuggets by the Masters
  Phoenix Journals
  Phoenix Journals - PDF
  Telepathic Messages PDF books
  Selections from the Urantia Book
  Illustrations For The Urantia Book
  CMGSN Pieces
  David Crayford and the ITC
  Health and Nutrition
  Podcasts, Radio Shows, Video by AH
  Political Information
  True US History
  Human/Animal Rights
  The Miracle That Is Me
  911 Material
  Books - eBooks
  government email/phone #'s
  Self Reliance
  Alternative News Sources
  Art and Music
  Foreign Sites
  Health and Healing
  Human/Animal Rights
  Vegan Recipes
  Translated Material
  Gekanaliseerde berichten Jess
  Gekanaliseerde berichten Candace
  Gekanaliseerde berichten Anderen
  Canal Jess
  Par Candace
  Other Channels
  Telepathische Nachrichten (Candace)
  Telepathische Nachrichten (Jess)
  Telepathische Nachrichten (div.)
  AH Mitgliederbeiträge (Candace)
  AH Mitgliederbeiträge (Jess)
  Spirituelle Schätze
  Translations - Candace
  Translations - Jess
  Translations - Others
  by Candace
  By Jess
  By Others
  Anfitriones Divinos
  Bitácoras Fénix
  Creadores-de-Alas (WingMakers/Lyricus)
  Escritos de Candace
  Escritos de Otros
  Telemensajes de Candace
  Telemensajes de Jess Anthony
  Telemensajes de Otros
  By Candace
  By Jess
  By Others
  Korean Translations
  Hungarian Translations
  Swedish Translations

[an error occurred while processing this directive]
Political Information Last Updated: Jan 14, 2020 - 12:07:47 PM

Failing world banks prepare to steal your savings
By Brett Redmayne-Titley
Jun 26, 2014 - 10:07:21 AM

Email this article
 Printer friendly page Share/Bookmark
Failing world banks prepare to steal your savings

Americans and Europeans are not aware of the fact that their governments help the failing world banks to steal people’s money from their savings accounts (file photo).

Americans and Europeans are not aware of the fact that their governments help the failing world banks to steal people’s money from their savings accounts (file photo).
Mon Jun 23, 2014 8:41PM GMT
By Brett Redmayne-Titley
Related Interviews:

Just like in 2007, the predictable upcoming financial crash will arrive suddenly overnight and the new day's world economy will be in chaos. At the starting gun of this “run on the banks,” you had better be pretty quick.

Your bank has almost zero cash.

“I'm sorry, Sir. We are unable to cash this check,” were the ominous words delivered to me by a fresh faced, none-too-friendly, Wells Fargo Bank manager. He had just kept me waiting ten minutes while in consultation about my transaction. Returning to his cubicle he sat down quickly, now looking at me intently through narrowed eyes.

Three feet away, between us and in front of him, were three forms of my personal identification face up. He gazed down glowering at two checks also before him, written to me by a client and drawn on his bank. Not being a “Well's” customer I expected a shake-down, hence the multiple forms of ID.

The two checks totaled a seemingly paltry sum of almost US$8,000.00. Not expecting this much difficulty I insisted on a reason, to which he replied, “I'm sorry, but the bank does not have sufficient funds on-hand to cash these checks.”

Really? Naturally, like the majority of capitalist indoctrinated bank depositors, I assumed that, as is traditional with banks, this one would have lots of cash. Au Contraire.

Unapologetically he informed me that he was “sorry” but he could only cash one of the checks at this time. Both checks were for about the same amount. I inquired if this was a new bank policy and was told that the bank simply did not have enough cash, and, “no”, I could not come back at the end of the day after the bank had received the days cash deposits. However, if I went to a larger branch they might be able to handle both checks.

This rather unique news seemed worth delving into further, so I declined his kind offer and left with my two onerous withdrawals.

Since I was away from home I decided to wait and stop by my town's main Wells Fargo branch office.  For anyone following the factual and very dire condition of the world's economy and its banks, and their growing list of financial crimes against humanity, my sojourn into the realm of Kafka would be amusing but cautionary venture.

Those evil banks. The shadowy Zionist denizens of New York, London, and Brussels are guilty of a staggering set of every-expanding frauds couched in the beneficent language of greedy short term materialistic personal gain. Financial “crimes of the decade,” like the Savings and Loan meltdown, the Enron Collapse, and charlatans like Bernie Madoff are nowadays reported regularly. With financial justice, much less criminal prosecution, no longer a possibility for these criminals, their new and much broader banking crimes now shovel trillions, not billions, into off-shore, non-tax paying accounts of the huber-rich. Thanks to the nature of greed, for them there is never enough.

LIBOR, FOREX, COMEX, and high speed program stock trading, are examples of recent bank frauds have rigged the financial system. No one with a financial choice and better than a fifth grade education would put a penny into the major stock markets. The criminals also have a fraudulent fix for eliminating financial options to one.

By using worthless derivative certificate gold (not bullion) to fraudulently drive down the price of gold and silver, and thanks to the economic trickery that is Quantitative Easing, the bond market and personal savings accounts also produce a very low rate of return. This inflates the currently surging world stock markets by stuffing it full of liquidity that has no other place to go.

Except down.

The banks know the next crash is coming. Like 2007, they caused it. Predator banks know that most people, thanks to financial control of media, are “stupid,” especially regarding the nuances of financial fraud. As the majority of Americans and Europeans live in the illusion that their financial institutions will protect their savings, they miss their bank's greedy preparations for the next stock market crash slithering through the halls of their parliaments or congress. Legislation that states in plain English, and the language of endemic corruption, that your bank intends to steal your money from your savings account. Your government will let them do this to you. They already have.

Title II of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act provides the Federal Deposit Insurance Corporation (FDIC) with new powers and methods to guarantee derivatives once they plummet as did AIG in 2007-09. The bank's paid-for politicians made sure congress did not regulate derivatives, and thereby encouraged increased financial betting. Thanks to Dodd- Frank and it's advanced copy, the 2005 Bankruptcy Act, congress made sure these fraudulent bets on stock market manipulation would be mandated to be legally paid back to the banks. This time by the bank's savings deposits. Yours.

All Americans should recall the “bail-outs” of 2007-9 and how their Zionist controlled Federal Reserve Bank and a Zionist owned US congress very complicatedly threw several trillions of US taxpayer dollars at US banks, dozens of foreign banks, and any corporation with  enough political pull to be defined as “Too Big To Fail” (TBTF). Hence, the banks understand that Americans and Europeans have lost enthusiasm for any future government bail-out of any institution that should normally enjoy the fruits of their crimes via the terminal sentence of bankruptcy.

So, the banksters are preparing to redefine their criminality with two new phases.

“Too Big to Fail,” (TBTF) has a very fraudulent and elitist connotation just like, “bail-out.” To millions across the world who have lost their homes, pension funds, retirement plans, and dreams these barely seven year-old justifications for financial oppression have now been conveniently re-branded.

With this in mind I entered the main branch of Wells Fargo. Two checks in hand, I asked for a manager. On the way in I was greeted warmly, one after the other, by three more fresh faced and eager proteges, all smartly uniformed in Well's décor, who proffered, “Good morning, Sir,” again, and again, and again. Certainly these small fish were not in possession of authority enough to cash my mammoth check, so I asked for bigger game, the Branch Manager.

I explained my plight to a very lovely lass who predicted she, “would be glad to help me.”
“Cheryl,” patiently explained that I had come to the right place and she would be glad to cash both checks. Regarding my previous polite banking experience, she admitted that it was indeed bank policy to have limits on cash withdrawals, and that different branches had different limits. This was a main branch so my request here was meritorious. Further, she admitted that whatever daily cash coming into the branches in the form of deposits was not available for withdrawal, but was sent from the branch for daily accounting at a central point common to all area bank branches.

Oh, dear.

“A couple of times your current request,” was her cautious response to may question about her branch's limits on check cashing. Not to be put-off I asked about a hypothetical US$25,000 check, which she admitted this was beyond her branches authority. “But,” she smiled, “You've come to the right place.”

TBTF and bailed-out banks have now created much more ominous replacement definitions of fraud. TBTFs are now all-important, “Globally Active, Systemically Important, Financial Institutions” (G-SIFI). That sounds so much better. Certainly more pleasingly self-important.

“Bail-outs,” may have also lost their meaning but the next one is just a “Bail-In,” away.

Bail-ins, the new “systemically” correct term for public financed bank fraud, are already named in national policies and laws, appearing in multiple countries. These finance laws, such as Dodd-Frank and its pending European Union version, make legal and allows for failing G-SIFI banks to legally convert the funds of “unsecured creditors” into capital. Those creditors include “secured” creditors, state and local government funds, and ordinary bank depositors, just like you!

Oh, dear.

The financial law firm Davis Polk estimates the final length of Dodd-Frank, the single longest bill ever passed by the US government, is 30,000 pages.  The six largest banks in the US spent $29.4 million lobbying Congress in 2010, and flooded Capitol Hill with about 3,000 lobbyists prior to Obama predictably signing its final version.  No US congressman or senator has read it. But the bank's congressional minions were told to vote for it. And dutifully they did.

The major cause of the upcoming financial meltdown, as with the pre-2008 conditions, is globally systemic gambling against national economies; derivatives. Derivatives are sold as a kind of betting insurance for managing fraudulent banking profits and risk. So why fix systemic banking fraud that made so much money for the same banks in the first recession?

Thanks to Dodd- Frank derivatives suddenly have “super-priority” status in bankruptcy. The Bank for International Settlements quoted global OTC derivatives at $632 trillion as of December 2012. Naked Capitalism states that $230 trillion in worthless derivatives are on the books of US banks. That means that bad bank bets on derivatives will be paid-off first before you get your savings cash. If there's actually any cash left once you get to the counter.

Normally in a capital liquidation structure, bond holders are supposed to be wiped out before deposits are touched. Under these new “bail-in” mandates, the governments have reordered your bank's exposure, making derivatives and other high risk ventures more highly protected than bank depositor's savings. In the recent example of Cyprus, Germany and the ECB made depositors inferior to other bank holdings.

Supposedly, using the language of Dodd- Frank, banks will not be given taxpayer bailouts.

The preamble to the Dodd-Frank Act claims “to protect the American taxpayer by ending bailouts.” But how to bail-in the G-SIFI without a tax payer bail-out? No problem.

Future bail-outs are prevented, however, through approval of new bail-ins, a critical feature of the internationally established regime of what is called cross-border bank resolution.

Enter the FDIC, the US agency required to pay back depositors who lose savings up to $250,000. Armed with a paltry US$25 billion compared to an estimated total US cash deposits of US$7.36 trillion, once the banks steal your savings under Dodd-Frank, FDIC, which is charged with aiding the banks in seizing your funds, will next have to replace them. With, of course, more of your money.

Oh, dear.


Regarding the FDIC's new authority, conservative US congressman Ron Paul warned, “It’s [FDIC] already indicated that they will confiscate [savings] funds...”.
On December 10, 2012, a joint strategy paper was drafted by the Bank of England (BOE) and the Federal Deposit Insurance Corporation (FDIC) titled, “Resolving Globally Active, Systemically Important, Financial Institutions.” Here the plot to steal depositor savings is clearly laid out.

The report's “Executive Summary” states,

“... the authorities in the United States (US) and the United Kingdom (UK) have been working together to develop resolution strategies...These strategies have been designed to enable [financial institutions] to be resolved without threatening financial stability and without putting public funds at risk.”

Sounds good until you read the fine print.

While protecting taxpayers, Title II of Dodd- Frank gives the FDIC an enforcement arm, the Orderly Liquidation Authority (OLA) which is similar to its British counterpart the Prudent Regulation Authority (PRA). Both already have the authority to punish depositors of failing institutions by arbitrarily making their savings subordinated to bank claims for the replacement value their derivatives. Before Dodd-Frank savings deposits were legally senior to these claims.

With the banks holding only $7 trillion in personal savings deposits compared to $230 trillion is US derivative obligations, FDIC's $25 billion will be just a bit short. The creators of Dodd-Frank knew this before it was signed. As John Butler points out in an April 4th article in Financial Sense, “Do you see the sleight-of-hand at work here? Under the guise of protecting taxpayers, depositors... are to be arbitrarily, subordinated... when in fact they are legally senior to those claims...Remember, its stated purpose [Dodd-Frank] is to solve the problem... namely the existence of insolvent TBTF institutions that were “highly leveraged with numerous and dispersed financial operations, extensive off-balance-sheet activities, and opaque financial statements.”

Indeed. Fraud.

Bank depositors can rest easy in the knowledge that replacing their savings will not come out of their pockets via another bank bail-out. Congress will instead replace their savings with a $7 trillion bail-in to FDIC to “replace” their savings.

And that's the good choice.

Worse, any depositor with money in the bank, from $1 to $250,000 (the FDIC limit) and everything above, can be converted to bank stock. FDIC has provisions so this can be done, via OLA, quite literally overnight.

An FDIC report released just a few months ago reads:
“An efficient path for returning the sound operations of the G-SIFI to the private sector would be provided by exchanging or converting a sufficient amount of the unsecured debt from the original creditors of the failed company [meaning the depositors] into equity [or stock].
Additionally, per an April 24, 2012 IMF report, conversion of bank debt to stock is an essential element of bail-ins included in Dodd-Frank. “The contribution of new capital will come from debt conversion and/or issuance of new equity, with an elimination or significant dilution of the pre-bail in shareholders. ...Some measures might be necessary to reduce the risk of a ‘death spiral’ in share prices.”

Oh, dear.

To retrieve the value of what was formerly the depositor’s account balance, the stock must be sold. When Lehman Brothers failed, unsecured creditors (depositors are unsecured creditors) got eight cents on the dollar.

A conversion of deposits into equity already had another test-run during the bankruptcy reorganization of Bankia and four other Spanish banks earlier this year. The conditions of a July 2012 Memorandum of Understanding resulted in over 1 million small depositors becoming stockholders in Bankia when they were sold “preferentes” (preferred stock) in exchange for their deposits. Following the conversion, the preferentes were converted into common stock originally valued at EU 2.0 per share, then further devalued to EU 0.1 after the March restructuring of Bankia.

Canada has stated they are planning a similar “bail-in” program. The Canadian government recently released this document titled the Economic Action Plan 2013 which says, “the Government proposes to implement a “bail-in” regime for systemically important banks.”

Don't be getting cute by hiding your cash, precious metals, or passport in a bank safe deposit box. There are not safe either.

Under Dodd- Frank the FDIC, using the auspices of Dept. of Homeland Security (DHS) the can legally, without a warrant, enter the bank vault, have the manager secretly open any safe deposit box, and inventory, or seize the contents. Further, if the manager is honest enough to inform the depositor of the incursion he is subject to criminal charges and termination from bank employ.

Oh, dear.

The commingling strength of the now remaining G-SIFI banks was further evident when, cash finally in hand, I headed to my bank, JP Morgan Chase, right next door.

The manager confirmed that the cash withdrawal policy at Chase was in keeping with that at Wells. Very little cash available on demand. I posed a slight mis-truth and inquired as to what I should do about my upcoming need for $50,000 in cash. No, her bank would not do that on demand, but arrangements could be made to have the cash transferred to her bank. That would only take “about two days.”

So, depositors, your extreme caution is required. The wording of these new bank inspired sets of legislation is silently waiting to be used by many nations to prioritize banks before their citizen's. When the time comes, the race to the bank will be a short lived event indeed.

You do not want to be second in line.



Jun 25, 2014 12:31 AM
That cash in the bank is worthless you know. It's ink riddled paper that has no value. Silver and gold is the only value, and even that is fixed.
Click to Rate ReplyRating2
ATPin reply to willymae
6/25/2014 7:27:17 PM
But the embezzlers already have gotten their hands on much of the available precious metals and therefore can manipulate its price.A state/people owned state bank can issue paper currency backed up the productivity of the nation.There is no need for tons of gold in some fortress.Issuing debt-free paper currency has been done before and works.Example: American Pre-revolution Colonial Scrip.The only problem is that zio banksters will use other zog-countries to attack so they can install a privet 'central bank'
Click to Rate Rating0
here and now
Jun 24, 2014 10:0 PM
Leave the World trade organization...protect your argricultural sector...your water production...take care of your poor.A united people with something on the table to eat is better than to have trillions of paper money.Never forget that the parasites are after the real economy.Nations that have a strong State and a strong public sector will survive...all the countries that clown Wesley Clark cited for invasion were countries that protect their public sector...why do you think wall street hates Putin?TIME TO GET READY THE KALASHNIKOV.
Click to Rate ReplyRating4
Jun 24, 2014 2:58 PM
So called 'bail-ins' have already been put into practice in Latin America during their earlier economic crisis. Cyprus experienced the same just recently. I'm sure Cyprus was used as a testing ground to see how the population would react. As usual people are too tolerant with authorities and comply with anything imposed on them. They whine, yes, but never do anything. The Cyprus experiment outcome was good news for the European banking elite. Soon it will happen in the rest of Europe.
Click to Rate ReplyRating4
Brasileríssimoin reply to Nicc
6/25/2014 2:20:05 AM
Very pertinent remark, Nicc . It happenned in Argentina and in Brazil and I remember very well how it went so bad for so many. This piece is valid for just some countries and particularly those which are most financially tied to the USA , with few exceptions. Here´s a list of countries where bail-ins are most likely : USA, UK, France, Ireland, Japan, Spain, Portugal, Italy and Greece. Safer banks list : Switzerland, Canada, Singapore, Australia, Netherlands, Germany, Hong Kong. BRICS countries will be unnafected . Indeed, most of the planet will not be affected and the author is definitely writing to his US-UK-centric readership for the real world will not care much about it. Why ? The mindset of most of these countries citizens is so self-righteous, with a sense of natural superiority and so greedy, if and when bail-ins happens in these countries, the real world´s reaction to it will be of laughter and Schadenfreude, sheer delight and you can well wonder why . LOL in advance :^P
Click to Rate Rating4
Jun 24, 2014 4:6 AM
For insurance purposes, banks keep a limited (roughly 75k depending on branch size) & yes: they dont have sufficient funds to hand out over 3k per client. Banks will order the cash for u by the nxt day~
Click to Rate ReplyRating3
Jun 24, 2014 2:20 AM
It's a Jewish Banker yoke on Germany, not U.S. This judeomasonic owned media helps them keep up the charade. Sure, it's the U.S., it's not the Jewish Bankers and media lying. They have nothing to do with any crimes like 911 and all the wars. It's Jewish Colonialism and Imperialism. The jews bark in their media "it's the British", It's "American Hegemony". hahaha No it's not. IT's the same criminal Jewish bankers the media pretends doesn't exist. Obama's mother is jewish so he is jewish. Worthless media station here.
Click to Rate ReplyRating7
"1933 until 1945"in reply to snchs
6/25/2014 7:17:13 PM
Why are You implying that zio-bankers put the NS government in power? Remember that they were elected by the German people and the German media was only partly owned by zios.Also only two month after the election a front page news article appeared in the Daily Mail paper with the headline: "Judea Declares War On Germany" 24 March 1933.This was the start of the economic war,the shooting war started in Sep. 1939.NS Germany had to be destroyed because its financial and economic policies and the rejection of debt-slavery could not be allowed by zio owned international finance.
Click to Rate Rating0
Back To Germanyin reply to snchs
6/25/2014 2:56:00 AM
Germany´s Bundesbank has been recently privatized and you can well imagine who owns it now . These secular bankers usually jump from place to place leaving a disaster behind . Germany´s economy and her banking system are doing unsurprisingly well amidst an European mess . The USA ? It seems to be the next expendable country as done to Germany since its reunification in 1870 until the bankers decided power should change and there you had it : 1933 until 1945 . The USA´s glory days after WW2 finished on 911 , 2001 but its demise was well set since 1913 . The burial ceremony began in late 2007 and the world is still mourning the death of the rabid militaristic Great Satan and her choleric agony spredi9ng death in its wake. Nasty, nasty bankers .
Click to Rate Rating3
Jun 24, 2014 2:16 AM
Anyone keeping funds in the bank more than necessary to pay monthly bills need to have their head examined.When the unadvoidable chrash comes,it could involve some kind of false flag,resulting a large scale electric blackout,wiping out electronic banking/account records..the 'money' be gone,bail-ins are certain.Abolish fractional banking and while we at it debt-slavery- nationalize all mayor banks,remove usurers from positions of influence and power.
Click to Rate ReplyRating12
Jun 24, 2014 12:46 AM
this to the western jihadists who got trained by the ISIL in iraq and syria that is if you smart enough, come back to the west and be smart and stay silent because when the time comes the westerns will need your help to train them up to fight the rich and their protectors in the streets of the western capitals, then you can set back and watch the show as they fight each other as they have done to the muslims.
Click to Rate ReplyRating7
Jun 23, 2014 10:55 PM
oh no, they are not going to take the money, that i've earned with blood, sweat and tears. hell no!
Click to Rate ReplyRating15
Bricsian US Creditorin reply to che
6/25/2014 3:06:10 AM
I´m afraid you have not patented work , neither sweat nor tears . Indeed, you have been too spoiled living a lifestyle beyond your means and financed with the sweat and tears of most humans in this planet, as well as their natural resources . Smell the coffee, people in Bangladesh work harder than you and they have never been as spoiled . The real world is more likely to care for the livelyhood of Bangladechis or similar, than yours . Good ridance, time to lern to live with your real means and forget living in a fantasy world financed by the blood, sweat and tears of 96 pct of humanity who is not from the USA . Your gravy train is over and humanity will not care about it .
Click to Rate Rating6
randyin reply to che
6/24/2014 12:51:58 AM
Actually they can and will. They have camps setup for people that resist.
Click to Rate Rating17
Jun 23, 2014 10:22 PM
This wicked system is on it's way out...and Divine Sanctions shall see to it...the prophecies and sequence of events point towards that glorious day.

[Colour fonts and bolding added.].

All writings by members of AbundantHope are copyrighted by
©2005-2020 AbundantHope - All rights reserved

Detailed explanation of AbundantHope's Copyrights are found here

Top of Page

Political Information
Latest Headlines
VIDEO: The 2020 Economic Crisis. Global Poverty, Unemployment and Despair
Questions for lockdown apologists
Then They Came for Jesus
UK Denying Maduro Access to Venezuelan Gold is not only THEFT, it’s MURDER of London’s Reputation as Trusted Financial Center
‘A Spiritual Battle’ – Catholic Archbishop Calls Out Deep State and New World Order in Open Letter to Trump
Left-Wing CHOP Zone Responsible For 525% Spike In Seattle Crime
Is There Actually ANYTHING Conservative about Boris Johnson’s Tories? From Culture to the Economy, they’re Drifting Ever Leftwards
NATO’s Appeasement to Turkey is Pushing France out of the Alliance
Edmond de Rothschild Achieves 4-year Goals for Sustainable Development
Is The Nationwide Coin Shortage Being Used To Push Us Toward A Cashless Society ?
UK: 746 Arrested Plus Huge Haul of Guns, Grenades, Cars, Cash Seized In ‘Biggest Ever Law Enforcement Operation’
Independence Day Attack ?
10,800 Assault Weapons Parts Seized by CBP in Louisville
U.N. Chief Guterres Renews Call for More Global Governance, Bureaucratic Regulation
UMass Nursing Dean Fired For Saying "Everyone's Life Matters"
Black Lives Matter – the Backlash Begins…
Overwhelming Support for Putin's Constitution Changes a wake-up call for Westerners Who Claim Russian System is bound to collapse