It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by consciousgod
Originally posted by NewsWorthy
It's a great thought and I applaud the fact that you are trying to come up with a way to actually inflict damage to the crooks BUT...
The banks would just tell you take your business elsewhere and report you for having more than $10,000 liquid cash not in a bank which is a felony.
Even if they didn't do that and people withdrew all their money it wouldn't matter after the first day or so. The Bank would just close the doors until the Government did another Q.E. or secret T.A.R.P. fund.
In simple terms they'll just stop giving people their money until the Fed illegally prints more money and supplies them with more worthless paper.
You want to hit them where it hurts???? Move to Latin America and become a Person instead of a Consumer
Having $10,000 cash is not a felony. It may not be wise for security reasons but it is not illegal except: It's only a felony if you get caught trafficking drugs.
Originally posted by consciousgod
SO if people want to impact a banks bottom line then overwhelm them with expenses. PEOPLE should withdraw $10,000 cash and then re-deposit the money.
Originally posted by Essan
Originally posted by consciousgod
SO if people want to impact a banks bottom line then overwhelm them with expenses. PEOPLE should withdraw $10,000 cash and then re-deposit the money.
That's great if you're very rich. But what about the rest of us
Most people have a few hundred pounds (dollars) in the bank at any time - to pay their bills. That's it.
Do you work for a bank?