FW: Cashless? FDIC to Monitor All Transactions??

[Greg Peisert <gpeisert@jamesgregory.com>]

Have any of you folks heard anything about the scenarios described below? Just BS, or is there something real here? -- Greg

-----Original Message-----
From:	jemdet@newnorth.net [SMTP:jemdet@newnorth.net]

> By Ken Raggio
> 1/3/99
>
> Major bank says it will not issue cash in April
>
> A close friend of mine was conducting a Y2K seminar in mid-November with
> about 300 people in attendance. At the end of the session, a lady
> introduced herself as a bank official at the largest bank in her state. My
> friend asked her if her bank was ready for the Year 2000 computer crisis.
>
> Her reply was very interesting. First of all, she said that every bank
> employee had been instructed to answer all public inquiries by saying "Yes,
> our bank is Y2K Compliant." Any employee who answered otherwise would be
> fired.
>
> Then she informed him candidly that their bank had already conducted two
> Y2K tests on their computer systems. BOTH TESTS failed completely -- shut
> down! So in spite of the public assurances that this huge bank is ready for
> Y2K, they are plainly LYING to the public.
>
> Secondly, she offered additional information. She said, "We have also been
> informed that in April, 1999, WE WILL NO LONGER ISSUE CASH!"
>
> What?? Friend, can you tell me why the largest bank in that state has
> informed it's officers that it will not issue cash in April?
>
> I suspect that something big is about to happen, and it's going to happen a
> whole lot sooner than we think.
>
> I just received a short email from one of my readers with a one-line
> message;" My daugher works for ____ (one of the largest banks on the East
> Coast), and they have advised them to set aside enough cash for 3-6 months.
> They say the bank could be closed for days at a time."
>
> Banks controlling us - thumbprints.
>
> I don't know what that means, but I don't like the way it sounds.
>
> Recently, I went to a bank (not my own) to cash a check that was drawn on
> that bank. I properly endorsed the check (it was written to me), and
> presented my driver's license with photo ID. The teller handed me an INK
> PAD, and asked me to put my THUMB PRINT on the back of the check.
>
> I refused to give my thumb print to cash the check. I insisted that she
> cash the check without my thumb print. She said she could not. I asked to
> speak to her manager.
>
> Her manager came out and I told him that I considered the thumb print
> requirement to be an invasion of my privacy. He told me that it was bank
> policy, and he could not cash the check without my thumb print.
>
> I asked to speak to the Branch Manager. They took me into his office. He
> was a senior executive with the bank. I told him that I wanted to cash my
> check. I told him that I had given the teller adequate endorsement and
> identification, and I expected them to cash the check without my thumb print.
>
> He instantly grew belligerent and informed me that if I didn't want to give
> my thumb print that I could just go to another bank. I told him that I
> didn't believe that it was necessary to have my thumb print to identify me.
> He explained that it was company policy. I asked him what they were going
> to do with my thumb print. He said that they were going to put it on
> computer file.
>
> I said that I didn't WANT my thumb print in their computer files. He
> suggested I take my check somewhere else. I left immediately.
>
> My point in telling you this is that we are getting closer and closer to a
> banking system that increasingly invades the privacy and rights of its
> customers.
>
> The FDIC is demanding laws that will report our bank transactions.
>
> This week's headlines included the story of the FDIC pushing Congress to
> pass new laws requiring banks to report the banking activities of all their
> customers. The public is outraged, but in the end, the FDIC will probably
> get what they want. Every time we make a transaction that is a little
> different than our established "pattern", our bank will be reporting us to
> "Big Brother". It is an economic Gestapo. Economic sanctions is one of the
> New World Order's more ingenious control tactics.
>
> Ultimately you will be so outraged, you will wish you could get out of the
> system. Unfortunately, you will not be able to do business outside the
> system.