The prominent feminist author claims that she diligently sought to "monitor the activity of her accounts." However, Wolf was blocked in her own self-monitoring efforts when WaMu stopped sending her monthly statements and denied her access to her online account.
The net result of WaMu’s alleged actions is that Wolf alleges that more than $300,000 was stolen from her three accounts and this resulted in her filing a law suit against the bank.
What happened to Naomi Wolf is going to be
played out all across this country. And we are not going to have long for
all of us to realize that we are Naomi Wolf.
America, we now live in a thugocracy.
The banksters are using the power of government to steal from Americans. These banksters control the Congress, the President and the judges. There is seemingly nobody who is beyond their sphere of influence, as these criminals are the poster children for the old adage which states that,
This is the part of the article where the reader
would be advised to hang on every word that is written, because the
following will have a devastating effect on the financial well-being of
Everyone reading these words will be victimized in a manner similar to Naomi Wolf, if you keep the bulk of your funds in one of the Federal Reserve banks. Americans are woefully ignorant regarding how much danger their deposits are truly in.
The thief is at the door and you are in danger of having everything stolen.
Think That Their Deposits Are Safe
How woefully and depressingly ignorant is that
You remember the derivatives don’t you? They were the imaginary wealth that was built upon more imaginary wealth but were guaranteed with hard assets backed by the banks.
When this house of cards collapsed, it pulled the banks down and
led to the series of bailouts which has devastated our economy. Before
continuing in this analysis, we need to review one very important detail.
There is no way that this debt can ever be paid, but that is not stopping the banks who are actively co-mingling their derivative debt with their other banking instruments including their customer savings deposits.
We could fund 1,000 bail outs and there is only one unmistakable conclusion:
Therefore, when your bank defaults, and it will, the depositors as well as the banks will turn to the FDIC for relief.
The FDIC will have no choice but to draw upon its credit line in order to cover a,
...derivatives bust, which has been co-mingled with savings account funds.
The resulting effect is that this will require a
taxpayer bailout to cover the credit line. This will negate the safety from
the bailouts that the public thought that they were receiving under the
Dodd-Franks bill of no more bailouts.
All of your life, most of you have worked for banker-backed interest in some capacity, and now these banksters are stealing back the pittance they paid you in the first place.
Where’s Karl Marx when you need him?
Bank depositors of the world, unite!
Meanwhile, the banksters are the driving force which forces us to the edge of financial destruction; and it is never going to end until, we the people, have nothing left to steal. I am still highly concerned about the cyber attack drill in the which the first of phases were completed yesterday without any apparent incident.
As a reminder, the cyber attack drill consisted
of a simulated attack on
more than 1,000 banks participating in a
National Cyber-Attack Drill October 16-17 and again on October 23-24.
I think if the government had not avoided total
default two days ago, the likelihood of this scenario turning into a false
flag event would have been more certain. It would be wise for us to keep our
eyes on October 23rd, but there is another major event that is rapidly
approaching and it will require our immediate attention.
Yesterday, Chase announced it is
limiting customer withdrawals.
This proposal will allow the banks to reach further into your pocket. And the best thing of all for the banksters is that no false flag attack is required in order to keep on stealing from us.
This will be the topic of the next part in this series.
- IT IS TIME -
I am often asked if it is time to leave the United States because it has becoming too totalitarian.
My answer has been that it depends on the
individual and his circumstances, but I haven't given a blanket "Get out of
the United States" advisory.
This is not good. There are apparently some
workarounds relative to these policies, but just try setting up those
workarounds when you want to move your money during some kind of panic.
Bank line in California in 2008 at IndyMac Bank
Totalitarians don't take away all your freedoms at once. They do it in incremental measures.
The prevention or delaying of certain
customers from sending international wires, and JPMorganChase stopping
some accounts from withdrawing large amounts of cash, is a serious
signal that we are well along the way to a banking sector that doesn't
respect its customers and has no compunctions about preventing customers
from pulling out their money, if the banks deem it in their interest to
prevent such withdrawals.
It is time for serious diversification.
Depending upon the size of your assets, there are different things that should be done. But almost everyone should have some cash and gold coins stored outside the banking system. Those with significant assets should begin international diversification now, while it is still possible.
I don't consider any country completely safe from the clutches of the US government, so international diversification, among many countries, is also called for:
...but also other countries that are not known as tax havens, the USG has their claws into these countries. Be creative...