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AbundantHope : Announcements Last Updated: Apr 26th, 2009 - 09:57:54


Banking Going Down
By Candace
Jul 13, 2008, 22:13

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Hi everyone, it looks like this country is finally going to fall down, regards the banking. People are going to start running on the banks, and this will end it, if nothing else does. Freddie Mac and Fannie May are not banks, they are huge mortgage brokers, and hold and/or back up 6 trillion in mortgages. The banking boys are suggesting it become part of the Treasury, meaning "nationalizing" them and in this CORP USA if it occurs is going to own a lot of realestate, and they can't back it either, so this doesn't look any too good. I assume the idea is to keep printing the dollars that are becoming more and more useless.

 

I would suggest getting some cash into the house, and most of it in $20 bills or less and otherwise have a stock of food and necessities around. Don't know how long its going to take, but something is going to happen. It will not take much of a run on the banks to make cash unavailable, as most are leveraged 20 to 1 or more perhaps. It might be a good idea to acquire coins if available. If the paper becomes worthless, coin will have some value.

Also, cash will be useful immediately after stasis is over, because the world will not be in good shape then. Prepare, before the others wake up. 

There is NOT going to be the "settlements" and the rest of that story. Doesn't look like it and it solves nothing. This is NOT GESARA or NESARA. I also would not be sending your email addresses to 4winds at this time. There is no reason to do such, and you need to protect your identity. That is why I do not take mission statements right now. Keep them to yourselves, and await what we have to suggest when we do come out of stasis.  Take care, Candace



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