Bankster “Holiday” Planned for September?
Infowars
June 22, 2009
IS IT ANY WONDER PEOPLE ALL OVER THE WORLD ARE
BUYING GOLD AND SILVER?
IS IT A SURPRISE TO ANYONE THAT AMERICANS ARE
BUYING GUNS AND AMMUNITION BY THE TRUCKLOAD? IS
THERE ANY DOUBT LEFT THAT THE NEW YORK FINANCIAL
GANG ARE PLAYING FOR ALL THE MARBLES? We shall
see!!!!!
Bob Chapman’s influential International Forecaster is reporting on the
possibility of a so-called “bank holiday” planned for
late August or early September. According to Chapman’s
sources, U.S. embassies around the world are selling
dollars and stockpiling money from respective countries
where they operate.
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FDR imposed a “bank
holiday” soon after taking office. It resulted
in the government stealing gold from the
American people and giving them useless fiat
paper money in return.
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“Some US embassies worldwide are being advised to
purchase massive amounts of local currencies,” writes
Harry Schultz, “enough to last them a year.” Schultz
publishes the Harry Schultz Letter, an international investment,
financial, economic, and geopolitical newsletter named
as “Newsletter of the Year” by Peter Brimelow of Market
Watch in 2005 and 2008.
Schultz believes the global elite are in the process
of engineering an FDR-style “bank holiday” of
undetermined length in order to “sort-out the bank mess”
and impose new bank rules.
On March 5, 1933, in
the depths of the banker engineered “Great Depression,” newly elected Franklin Roosevelt
declared a “bank holiday” that forced banks closed for
four days. Roosevelt then rammed the Emergency Banking
Act through the legislature. Passed by Congress on March
9, the act granted FDR near dictatorial control over the
dealings of banks. It also allowed the Secretary of the
Treasury the power to compel every person and business
in the country to relinquish their gold and accept paper
currency in exchange.
On March 10, Roosevelt issued Executive Order No.
6073, forbidding people from sending gold overseas and
forbidding banks from paying out gold. A few weeks
later, on April 5, Roosevelt issued Executive Order No.
6102 ordering Americans to deliver their gold and gold
certificates to the Federal Reserve bank in exchange for
paper fiat money.
In other words, FDR engaged in one of history’s
greatest rip-offs — that is until now.
FDR not only ripped-off the American people, but
foreigners holding dollars as well, thus ensuring the
“Great Depression” would spread around the world like a
bankster engineered contagion.
As Schultz notes, another forced “bank holiday” will
likely lead to a formal devaluation of the already
broadsided U.S. dollar. “But devalue against what? The
euro? Doubtful. Gold? Maybe. Or vs. the IMF basket of
currencies,” which he feels is more likely.
In fact, this is precisely what the globalist have in
mind. In March, the media reported the IMF was poised
print billions of “global quantitative easing” dollars
to be dubbed global “super-currency” to address the
(bankster engineered) economic crisis. “The principle
behind it is that everyone would get bonus dollars and
instead of the Federal Reserve having to print them,
everyone gets them,” declared Simon Johnson, former chief economist at the IMF.
Can you say inflation?
It is no secret the elite have envisioned a global
currency for some time now. In 2007, the director of
international economics at the Council on Foreign
Relations stated that the dollar and the euro are but
temporary currencies. “It is the market that made the
dollar into global money – and what the market giveth,
the market can taketh away. If the tailors balk and the
dollar falls, the market may privatize money on its
own,” Benn Steil pontificated.
More like the banksters taketh away — and not only
money but national sovereignty as well because a global
currency will demand an end to “monetary nationalism.”
Or as Richard N. Haass, president of the Council on
Foreign Relations, has said, “states must be prepared to
cede some sovereignty to world bodies if the
international system is to function.”
Mr. Schultz believes a “bank holiday” would suit the
burning desires of the international bankster elite. It
will lead to “nationalization,” which is a polite word
for brazen thievery. It will allow the government —
owned lock, stock and barrel by the global elite and run
by their corrupt whores and cronies — to rape secured
creditors and bondholders. Nationalization is the
unfettered process of grabbing up of insurance
companies, mortgage companies, banks, medical care, and
car companies and handing them over to the monopoly men.
During the FDR “bank holiday,” Schulz notes,
“thousands of banks never reopened; it was a face-saving
way of shutting them down. I would guess the same would
occur today; thousands have little or no net value,
loaded with debt, bad mortgages.”
In order soften the nation up for the coming pillage,
the Obama administration has proposed a plan to give the
privately-owned and unaccountable Federal Reserve
complete regulatory oversight across the entire U.S.
economy. The new rules would see the Fed given the
authority to “regulate” any company whose activity it
believes could threaten the economy and the markets —
that is to say if it “threatens” the monopolistic
interests of the bankers.
“Obama’s regulatory
‘reform’ plan is nothing less than a green light for the
complete and total takeover of the United States by a
private banking cartel that will usurp the power of
existing regulatory bodies, who are now being blamed for
the financial crisis in order that their status can be
abolished and their roles handed over to the
all-powerful Fed,” write Paul Joseph and Steve Watson. “The government is ready to hand over everything
to a monolithic private corporation and a gaggle of
bastard banker offspring, that have gobbled up an amount
close to the entire GDP of the country in taxpayers’
money and figuratively stuck the middle finger up
regarding questions over where that money has gone.”
A “bank holiday” would work wonders for any
“regulation” the Fed and the bankers have in mind. It
would compliment the criminal consolidation now
underway. It would allow them to finally and formally
devalue the dollar and usher in a global “super
currency” of control and enslavement.
A Bob Chapman
subscriber added a little dinger to the prospect of the
banks going dark. The subscriber claims to have
overheard two men in FEMA jackets talking with a police
chief in California, all who agreed that the
federalization of police around the country — a process
largely complete — will be required if the banks are
shuttered in late August or early September because it
will get “ugly” out there.
No doubt. Because the sort of enduring and polite
American who weathered the “Great Depression” is now in
seriously short supply.
If Mr. Schultz’s prediction is correct, we can expect riots in bank foyers and ultimately martial law to be imposed.
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