Wednesday, October 5, 2011

Is Bank of America Instituting a No Opt-Out Policy to Avoid Bank Run? (Video)

Activist Post

UPDATE from SHTF Plan:
It has come to our attention that this video was originally published in August of this year, thus is not a reflection of OccupyProtests currently taking place in New York and the rest of the U.S. We apologize to our readers for the mistake and inconvenience. While not exactly timely, the video nonetheless reflects what we believe will be the response by police departments the country over if bank runs were to become reality.  ------

In a disturbing video posted by SHTF Plan, a Bank of America customer asserts that a SWAT team in St. Louis is actually barricading Bank of America to prevent a run on the bank.  As the Occupy Wall Street protest spreads, people are taking action in a variety of ways to symbolically demonstrate that they will not cooperate with the corrupt banking system.  One of those ways is removing money from banks like Bank of America who have preyed on people.  If there is anyone who has additional confirmation about the actions Bank of America is taking to prevent physical withdrawal of their own money, please contact us at activistpost at gmail.com, or leave your comments below.  Beneath this video is another that shows the wider protest that took place on August 12th.



Hat tip to Eileen Dannemann at Vaccine Liberation Army for sending this video


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9 comments:

Anonymous said...

Attention Lawyers: A Great Idea for a Class Action Suit

http://lunaticoutpost.com/Topic-Attention-Lawyers-A-Great-Idea-for-a-Class-Action-Suit

See this post

Anonymous said...

People are still banking with these big banks? After all these years??????

What the hell is wrong with people?

Move your money NOW.

And why are the police guarding a public building?

Anonymous said...

More people need to ba aware of this. This action ups the ante a great deal. I've move to a local bank but still maintain a small amount in BOA for the sake of testing where they are as far as accessing my money. My BOA branch manager has always been friendly and gives an air of security. The last time I went in was the day their wed sight was down/slow, she seemed very nervous and was frantically going between her office and the teller area. She managed a quick smile when we made eye contact, but it was obvious there was something going on. I hope the move to run on BOA is a huge success and they flounder in their own manure. God Speed USA.

Anonymous said...

Do the math folks. If you have 100k in a CD in any bank, you'd be lucky to get 1%. That's a grand a year minus taxes is around $800. With their fractional reserve Ponzi scheme they can loan out(at least) a million bucks. I pulled all my money and bought silver. Leave just enough in to pay monthly bills. My motto is "Starve The Beast"

Anonymous said...

I agree with others here. The banks are barely paying any interest, so why leave your money with them during a period when all financial hell could break loose and they close the doors on you and hold on to your money. Such has happened in innumerable countries. A good idea might be to withdraw your money, and hide it well. Also, stop using ATMs - they just hit you with another fee, they hit each of us (millions of us) with a couple of bucks each time, putting hundreds of millions into the banks' own accounts. Instead go into the bank and withdraw any money you need from the teller and just dole out the cash as you buy things. Use cash so that the banks and credit card companies don't skim their little commission off every retail purchase, and they can't track you and your purchases and lifestyle if you pay cash. Get away from ATMs, credit cards, debit cards and focus on CASH.

Anonymous said...

They are also going to start charging 5 dollars a month for a service charge to use your debit card.
They will nickel and dime us to death. Remember that we have the power to stop them. Hold a little cash and invest in something with intrinsic value.

Anonymous said...

We have the power to stop them, WE THE PEOPLE. I agree with holding a little cash and investing the rest in something with intrinsic value.

Activist said...

Update from SHTF Plan
It has come to our attention that this video was originally published in August of this year, thus is not a reflection of OccupyProtests currently taking place in New York and the rest of the U.S. We apologize to our readers for the mistake and inconvenience. While not exactly timely, the video nonetheless reflects what we believe will be the response by police departments the country over if bank runs were to become reality. -- SHTF Plan

We still encourage people to update us if they receive similar reports. This type of bank response has only increased in likelihood with the grassroots protests taking place over new BOA policies, as well as their involvement in fraudulent mortgages . Stay vigilant -- Activist Post

Anonymous said...

It is simple open an account at a local credit union withdraw all your money from your bank checking account and close your other accounts too.

if the bank refusees to allow you to close your account sue them

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