Banks Accounts Being Frozen?

[Joe]

Is your bank account about to be frozen?

No, I'm not talking about Argentina, I'm talking about the US.

Expats, are you wholly dependent on that US debit card?

Argentinians, do you have your nest egg in a US bank account?

Maybe it's time to reconsider. During the crisis in Argentina in the early 2000's did people get arrested for trying to close bank accounts?

Mass arrests in the US of people in business attire trying to close bank accounts: http://www.youtube.com/watch?v=fdeuuzXS_sY#t=1m30s

 

[steveinbsas]

Is your bank account about to be frozen?

No, I'm not talking about Argentina, I'm talking about the US.

Expats, are you wholly dependent on that US debit card?

Argentinians, do you have your nest egg in a US bank account?

Maybe it is time to reconsider. During the crisis in Argentina in the early 90's did people get arrested for trying to close bank accounts?

Mass arrests in the US of people in business attire trying to close bank accounts: http://www.youtube.com/watch?v=fdeuuzXS_sY#t=1m30s

This disturbing, but calling it "mass" arrests is disingenuous, to say the least .

Please get your facts and your dates straight.

During the the economic crisis in Argentina in December 2001 26 people died.

December 20

...Throughout the morning, groups of protesters converged on Plaza de Mayo despite the state of siege. [2] The Federal Police, acting under orders from the government, proceeded to try to control the protests. An attempt by a federal judge to halt police operations was disregarded, and the situation worsened with the arrival of new groups of protesters...

As violence expanded, President De la Rúa tried to impose censorship on all news outlets from Buenos Aires. The idea was to use the state of siege to force the television networks to stop transmitting current events and broadcast emergency programming. This plan also failed because De la Rúa's own Media Secretary refused to carry out his instructions.

Meanwhile, there were violent incidents between the police and protesters throughout the country. The most notorious ones took place at the Plaza de Mayo, where five people were killed...

...The violence slowly abated. By the end of the day, 26 people had died, five of them in Buenos Aires.


http://en.wikipedia.org/wiki/December_2001_riots_in_Argentina

 

[steveinbsas]

Argentines have much more to worry about their dollars in Argentine banks than banks in the US:

In 2001, Argentina was in the midst of a crisis: heavily indebted, with an economy in complete stagnation (an almost three-year-long recession), and the exchange rate was fixed at one U. S. dollar per Argentine peso by law, which made exports uncompetitive and effectively deprived the state of having an independent monetary policy. Many Argentines, but most especially companies, fearing an economic crash and possibly a devaluation, were transforming pesos to dollars and withdrawing them from the banks in large amounts, usually transferring them to foreign accounts (capital flight).

On 1 December 2001, in order to stop this draining from destroying the banking system, the government froze all bank accounts, initially for 90 days. Only a small amount of cash was allowed for withdrawal on a weekly basis (initially 250 Argentine pesos, then 300), and only from accounts denominated in pesos. No withdrawals were allowed from accounts denominated in U.S. dollars, unless the owner agreed to convert the funds into pesos.[2] Operations using credit cards, debit cards, cheques and other means of payment could be conducted normally, but the lack of cash availability caused numerous problems for the general public and for businesses.

Source: http://en.wikipedia.org/wiki/Corralito

 

[Joe]

The video is disturbing, but calling it "mass" arrests is disingenuous, to say the least .

Please get your facts and your dates straight.

Yes I meant to say early 2000's - I edited my post, thank you for the correction. Why are the right-wingers so easily prone to anger and violence over minor points?

The video starts in the middle for some reason. If you go to the beginning you can see that they are making mass arrests.

 

[steveinbsas]

Why are the right-wingers so easily prone to anger and violence over minor points?

Why do you feel the need to to call someone who simply points out the facts of reality angry and violent?

That only serves to compound your previous errors.

 

[JWB]

Is your bank account about to be frozen?

No, I'm not talking about Argentina, I'm talking about the US.

Expats, are you wholly dependent on that US debit card?

Argentinians, do you have your nest egg in a US bank account?

Maybe it's time to reconsider. During the crisis in Argentina in the early 2000's did people get arrested for trying to close bank accounts?

Mass arrests in the US of people in business attire trying to close bank accounts: http://www.youtube.com/watch?v=fdeuuzXS_sY#t=1m30s

I've been investing HEAVILY in Gold & Silver. I use a company called BullionVault http://tinyurl.com/3vydlms

Full disclosure, I've been investing/buying with them for about 2 years and highly recommend them. There are others out there so find which is best for you but these guys are really good.

 

[Joe]

Why do you feel the need to to call someone who simply points out the facts of reality angry and violent?

That only serves to compound your previous errors.

I wasn't referring to you personally. BTW do you consider yourself a "rightwinger"? Or would you prefer "Teabagger"?

 

[French jurist]

I've been investing HEAVILY in Gold & Silver. I use a company called BullionVault http://tinyurl.com/3vydlms

Full disclosure, I've been investing/buying with them for about 2 years and highly recommend them. There are others out there so find which is best for you but these guys are really good.

Why such a HIGH profile guy like you needs to place referral links on a public forum to make a few cents?

And it's funny that such a site is also recommended on an Asian expat site :
http://retireasia.com/blog/why-my-gold-account-is-at-bullionvault-com


Just saying...

 

[Joe]

Why such a HIGH profile guy like you needs to place referral links on a public forum to make a few cents?

And it's funny that such a site is also recommended on an Asian expat site :
http://retireasia.com/blog/why-my-gold-account-is-at-bullionvault-com


Just saying...

He has dreams of becoming one of the exalted 1%. He's ashamed of himself for being stuck in steerage with the vermin 99 percenters...

 

[steveinbsas]

I wasn't referring to you personally. BTW do you consider yourself a "rightwinger"? Or would you prefer "Teabagger"?

Nice try. I've previously made it clear that I'm a Libertarian.

I don't fully support any of the current Republican candidates for president (including Ron Paul), but one of them will be the next President of the United States.

All I have to say to you, Joe, is, "Bend over and prepare to be teabagged."

It's going to happen.