Bankster “Holiday” Planned for September?

Is there a bank "holiday" planned for september?

“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,”

Infowars.com

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.

I don't know how reliable the sources are. But what do you think about this? Will it happen is this realy the time for the dollar do collapse? We have heard that the dollar will collapse for a time now but what do you think? I'll see if I can fine some more info about this.

This goes along with a thread I just read. It seems someone is trying to help, there is a lot going on behind the scenes and I find every piece of information helps.

www.rumormillnews.com...

The International Monetary Fund is poised to embark on what analysts have described as "global quantitative easing" by printing billions of dollars worth of a global "super-currency" in an unprecedented new effort to address the economic crisis.

Tel egraph.co.uk

Yeah like the solution is printing more money. The government is selling the US to the bankers.

Now there's "Financial Regulatory Reform, A New Foundation: Rebuilding Financial Supervision and Regulation" - announced June 17 with Obama saying he'll send Congress a plan to create new government agencies, give the private banking cartel Federal Reserve more power, and address five major problems needing regulatory and legislative measures to fix.

globalresearch

There's a lot of planning for reforming the economic structures.

[edit on 24/6/09 by WorldSecrets]

This is a very key and telling piece of information. I saw this several days ago on infowars but decided to put it on the back burner. It seems there are multiples pieces of the puzzle pointing to this fall for something big.

A bank holiday seems really counter intuitive to their plans to me. I know for a fact that if there were a bank holiday the day the banks reopened most of the people I know would close all of their accounts and demand all their money, isn't that what they are trying to prevent? Unless during the holiday they make a bunch of new laws or implemented a new currency I don't see it working, even that would likely cause riots.

Originally posted by miraclerock
A bank holiday seems really counter intuitive to their plans to me. I know for a fact that if there were a bank holiday the day the banks reopened most of the people I know would close all of their accounts and demand all their money, isn't that what they are trying to prevent? Unless during the holiday they make a bunch of new laws or implemented a new currency I don't see it working, even that would likely cause riots.

I rarely use the word 'sheeple' but in this case it will fit. The public will be told about how the holiday is to enact reform in order to strengthen their investments in banks and a whole load of BS. This will be accepted because the masses, in general, are wildly optimistic. For example, my company is circling the drain yet the optimism amongst the remaining staff is almost scary. I've been through a company going bankrupt before - during the dot com bubble - and I can tell my current employer is on the same track. People get mad if I 'doomstalk' so I just keep my mouth shut and work on getting a new job.

Anyway, my point is that there will not be a run on the banks after a bank holiday. MSM is a great spin machine and they are getting better week by week. As long as there is some good celebrity gossip and a new reality TV show, the masses will be docile as usual. Those that do go and close accounts and hoard money will be labeled and ridiculed as 'crazy tin-foil hatters' and may even be blamed for bad news after the holiday. The catch is that they are right; but sometimes I'd rather be crazy than stupid.

In any event, this may just be a rumor. Personally, I never put all of my eggs in one basket. Sometimes one basket will be heavier than the other, and my basket outside of banks is getting a little more put in it - just in case. It does not take a rocket scientist to realize that there is still a lot of instability in the global banking scene and that there seem to be some shenanigans going on, so I am putting some stuff aside and hedging myself for the worst-case while I hope for the best-case.

The problem comes when the worst-case (short term) happens to be the best case (long term). I think that is when the term "inevitable" comes into play.

according to Professor Willem Buiter., a former Monetary Policy Committee member who is now at the London School of Economics - the dollar will collapse between 2 and 5 years. Of course this is just speculation.

Prof Buiter said: "There will, before long (my best guess is between two and five years from now) be a global dumping of US dollar assets, including US government assets. Old habits die hard. The US dollar and US Treasury bills and bonds are still viewed as a safe haven by many. But learning takes place."

Telegraph.co.uk

The US is printing money like crazy there is no doubt that the dollar will collapse the question is when will it happen!?. You can't fill a bucket with a hole in it. I don't know if the bank holiday would happen this september, but I do belive we will have more economic problems this fall. IMF is given more powers, TPTB have given it more power and wants to create a global bank. The dollar I belive will not stand to be a global currency because of the monopoly money. They have to break the system to build it up from scratch. "Order out of chaos".

Financial Times reported last december that a team of United Nations economists think that the dollar will collapse this year. Financial Times

The report recommends reform of the international reserve system away from almost exclusive reliance on the dollar and towards a globally backed multi-currency system.

sorry for my spelling english is my second language



[edit on 24/6/09 by WorldSecrets]

Maybe this might happen today sense the news broke yesterday. Could there be a run on the banks today? Most people put their money in a bank because it is insured through FDIC. This is just strange.

FDIC considers borrowing cash from banks
www.msnbc.msn.com...


Market Ticker
/mnvwb8




[edit on 23-9-2009 by cloakndagger]

reply to post by cloakndagger


If there is, IF there is...a bank run, I highly doubt it will be during the G20. Why would they create choas while world leaders are here? It would make America look weak, and they will not let that happen.

reply to post by Thumb


Do you seriously think America has the slightest control over its economy? Its out of control, and whether they want to look weak or not matters very little at this point.

reply to post by D.E.M.


Yea, I think America has some control over its economy. Depending on your conspiracy beliefs, people here say the government is controlling the markets, if that’s the case, they can control it for a few more days till the rest of the nations go home. I also think a run on the bank would be done by the government, and they would not do this while the G20 is taking place. So, no bank run this week, D.E.M.

Originally posted by cloakndagger
Maybe this might happen today sense the news broke yesterday. Could there be a run on the banks today? Most people put their money in a bank because it is insured through FDIC. This is just strange.

FDIC considers borrowing cash from banks
www.msnbc.msn.com...


Market Ticker
/mnvwb8

90 banks have closed this year. I would not be surprised if the FDIC was out of money. There Could be a run if this gets out to the General Public.

List of banks closed this year.

www.fdic.gov...




[edit on 23-9-2009 by cloakndagger]