reccraigb - just start cashing your paycheck rather than depositing. then pull your funds in the largest amount you feel comfortable carrying with you. you'd want to balance your risk - risk of other people seeing you withdrawing a stack of cash vs risk of the police stopping you and stealing your stack of cash before you deposit into your own safe.

you're a little fish in the eyes of the fed, cash withdrawals alone aren't going to draw the eye of sauron to you.

rc

when I withdraw, I usually joke how I am going on vacation to vegas...take odd amounts like 2312 and 3904 every other week. Talk about craigslist and the like if someone asks...so hows that new lawn tractor working or nice little camper etc.

I read years ago that you would never get a fair shake out of the courts in the 7th circuit. They always rule against law in favor of the bankers and other corporate matters. One case I saw, an entity had ADM totally upside down in the soybean market. The court forced the entity to liquidate their position, in a market where ADM controlled the other side. A massive profit turned into loss at the decree of the court, mainly to a beneficiary of the court.

Barnhart was good. The government is not our friend, unless you are a part of the government gravy train. They will suck us dry before they are done and then give us the bill for it. There is no money other than the money in the accounts and what the government is willing to make us liable for. FDIC is no more than another fraud of owing our deposits to ourselves. The debts must be paid out of the money supply. The joke of the government guaranteeing anything is a cruel hoax.

This all calls for a reposting of the link for Albert Jay Nock's "Our Enemy the State". We are nothing but Johns selecting hookers to take our funds when dealing with these politicians.

http://mises.org/document/4685/Our-Enemy....

LOL!

The dyslexic Bankster today cheered "The Rule of Wal(lstreet)":

http://dealbook.nytimes.com/2012/08/15/n....

Check the comments. The peasants are unhappy - NJ & NY peasants!

Well, for a while I've been lookin at private 401k and retirement money as the "canary in the coal mine"... I figured they'd get their hands on it eventually. It's the last big pile of cash that has yet to be looted... And when they made their move, we'd know we were witnessing the end-days.

I figured they'd take advantage of peoples fear and most people would willingly hand it over to em in a "give it to us and we'll guarantee it" kind of scheme. Well, now it appears that this ruling by the 7th clears the way for it to be taken, MFGlobal-style...

Poof! Disappeared! Vaporized!

ALL YOUR MONEY R BELONG TO US!

For those concerned about the bank folks seeing you pull out considerable cash just ask to go to your safety deposit box while commenting you are going to put it in there. Then once in the private room put it in your coat/pockets. And then leave with them thinking you put it in the box.

I'd like to second the recommendation to the article on this topic over at Jesse's Cafe Americain', its well done.

This is a significant ruling for a Federal Appeals Court to take. Its basically Corzine's stay out of jail free card (plus the cost of legal fees). Its a sad time in this country. I'm baffled as to why there is ANY retail investing still going on in the US.

Quote:

I'm baffled as to why there is ANY retail investing still going on in the US.

When this sucker goes down there won't be, for decades on end.

From the NY Times article comments section:

Gary, Brookhaven, Mississippi wrote..

Here in Mississippi a few weeks ago, an African-American youth got 20 years for robbing a grocery store - not of money, but food. He and his family were hungry and he took $65 and change (retail price, not actual cost to the grocery business) worth of groceries by bolting out the door without stopping at a cash register line.

Move those investment banks to Mississippi - we'll show you how to solve thievery on Wall Street.

Aug. 16, 2012 at 5:47 p.m.

Silly peasants! Jail is for YOU.

Most people will never get upset about this because most people are broke.

What, were Sentinel's customers represented by Dewey, Chetum, & Howe? Listen, all ye customers of Sentinel. It ain't over. There is a higher power. Go hire a law firm with kick-ass credentials and take this case to the Supremes. This is a VERY big deal.

If we lose at the Supremes is Lock and Load time.

A little color on the MF fiasco, have a customer that had $100,000 in a commodities account there. He has gotten back 87%to and does expect to get back all his funds. There is an offer for 93% of the unpaid balance from a company that buys debt. Not that that excuses Corzine and MF at all, and I hope he ends up being Bubba's bitch, but this is one real world experience I know of.

Debtpie wrote..

Now I at least have a legal shot at keeping all of the stolen merchandise I (unwittingly) buy through eBay!

Only if the seller is a big campaign donor or otherwise well-connected. Look through the reviews for something like "This irony repellant works great! I can accuse other people of being allied with Wall Street and not get laughed at! Five stars! -Joe Biden"

Ktrosper wrote..

It's like people don't get*****ed or outraged or worked up unless the threat is RIGHT THERE staring them in the face, prying their property from their fingers.

Try telling them this short story, inspired by Bertrand Russell (can't determine if it's an exact quote).

Quote:

On a farm, there was a flock of chickens. One chicken started talking with another, remarking "How good our farmer has been to us. I think he is an awfully nice man, because he comes every morning to feed us." The other chicken nodded in agreement, adding "and he has been feeding each and everyone of us here every day like clockwork, every day without fail since we were all just little baby chicks." Indeed, when queried, most of the other chickens clucked in agreement about how benevolent their farmer was.

But there was one chicken, intelligent but eccentric, who countered saying "How do you know he is all that good? I remember, not too long ago, that there were some older chickens who were taken away, and I haven't seen them since. What ever happened to them?"

Some of the chickens may have slept a little uneasy that night, but in the morning the farmer came as usual, this time scattering even more corn around. The chickens ate this with gusto, and this dispelled any remaining doubts about the benevolence of the farmer. "You see, there is nothing to worry about. Our farmer had a little extra food, so he gave it to us because he likes us! He is a good man," remarked one chicken to the others, and they all nodded in agreement, all of them, that is, except one.

The intelligent but eccentric chicken became even more agitated. "He is just fattening us up! We are going to be slaughtered in a weeks time!" he squawked in alarm. But nobody listened. All the other chickens just thought he was a troublemaker.

A week later, all the chickens were placed into cages, loaded onto a truck, and driven to the slaughterhouse.

The End

Re, stock certificates in paper or at the bank ....
The bank says they only do electronic 1s and 0s, even when the company says
the bank is wrong.

http://www.bloomberg.com/article/2012-08....

Overstock.com's Byrne is a real firecracker. Every time I think he's gone nuts, it turns out he's more right than wrong. Go figure.

A quiet siren that only the alert among the sheeple will pick up.

From this YouTube account, the sheeple will rush to their safety deposit boxes when TSHTF and they'll find their hard assets gone along with their hard earned money, which were just bookkeeping entries for the Corzines of this world.

FDR set the precedent for this ****. Your gold? Your pigs? Nope.

Jstanley01 wrote..

FDR set the precedent for this ****. Your gold? Your pigs? Nope.

+10

FDR "saved capitalism" by destroying it. A tyrant with a smile.

We've never recovered from the New Deal. You're witnessing the death throes of the precedents set and institutions created during that terrible counter-revolution.

Quote:

We've never recovered from the New Deal. You're witnessing the death throes of the precedents set and institutions created during that terrible counter-revolution.

The counter revolution to the Revolutionary War IMHCO was the War Between the States, the outcome of which set the stage for FDR fifty-five years later. But I digress.

As bad as the death rattle will be, I hope you are correct. And I think you are.

What FDR got rolling was a "Commie Lite" economy. Under which, the GDP on the spending side that the government now directs has crept up to 40% (see chart), not the 100% that the Soviets attempted. But from my study of history, anything over 20% produces distortions (because scarce resources are being allocated by political rather than free market decisions) that are unsustainable. It's just taking longer to play out than in the Soviet Union because it's "Commie Lite."

We had a similar boating accident to Frats...terrible it was. Lost everything..we are flat broke, no guns or ammo. It's just awful. We live paycheck to paycheck. At least I know I'm not alone in this misery.

Jstanley01 wrote..

The counter revolution to the Revolutionary War IMHCO was the War Between the States, the outcome of which set the stage for FDR fifty-five years later. But I digress.

I agree. The FDR thing was just turning it up to 11 once the stage had been set.

But it's those FDR Screw Deal actions (SCOTUS decisions, vast entrenched bureaucracies, licenses required to exercise what was once well understood as an inalienable right) that are simply taken as a given today by left OR 'mainstream' right -- and those are likely to bring us down because they are unassailable and will not voluntarily give up power.

SSA buying large quantities of .357 magnum jacketed hollowpoints? There's your New Deal for ya. http://rt.com/usa/news/administration-ro....

JStanley01 wrote..

What FDR got rolling was a "Commie Lite" economy. Under which, the GDP on the spending side that the government now directs has crept up to 40% (see chart), not the 100% that the Soviets attempted. But from my study of history, anything over 20% produces distortions (because scarce resources are being allocated by political rather than free market decisions) that are unsustainable. It's just taking longer to play out than in the Soviet Union because it's "Commie Lite."

It's also taking longer because America started from a much more energetic position - we were growing like crazy, there was much industrialization, we were up to our eyeballs in free enterprise. Soviet Union had none of that, the Commie revolution killed any potential growth (no free market, no freedom, no growth, no improvement in standard of living, etc etc) and had to be propped up (by us, as it turns out) from the very beginning.

We'd been living off stored energy for a long time. We're running on the inertia of the industrial revolution and the remnants of a once free economy, and that gas tanks on reserve right now. The last 30 years or so we've been siphoning gas from our children's go-carts.

Who's going to fill the tank now? Why should anyone?

Quote:

It's also taking longer because America started from a much more energetic position - we were growing like crazy, there was much industrialization, we were up to our eyeballs in free enterprise. Soviet Union had none of that, and had to be propped up (by us, as it turns out) from the very beginning.

Yep...
And as has been talked about a lot here, WW II leaving our main competitors' infrastructure flattened didn't hurt either.

First, they stole from B of A accounts, but I did nothing because I was not a B of A account holder.

Then....

Mannfm11 said:
"...We are nothing but Johns selecting hookers to take our funds when dealing with these politicians..."

Ummm....

You DO know how this thing works, right?

We're not the "Johns" in this situation - and I'm not sure we're really "hookers" either, since - although we *ARE* getting screwed, we're NOT getting PAID!!!