Boycott Citibank and the Too Big To Fail Banks
78Boycott Citibank and the Banks
Now is the time for the citizens of the United States to take our country back. Now is the time to act so that the central bankers will never again mess around with, or take advantage of, the citizens of the United States of America. Just like the founding fathers of America threw off the yoke of the Bank of England, we can, in a non violent way throw off the fetters of banking excess and oppression!
At the very least, if a lot of people do what I recommend, we will at least give Americans the ability to take their own personal lives back even if we cannot undo the stranglehold of the international bankers upon the political system. I am no advisor, and this website advocates a political action, and is not to be construed as being investment or legal advice.
The bankers want the middle class of the United States riddled with debt, yet our spending keeps the economy going worldwide, making up 70 percent of US GDP. International bankers, if you kill the golden goose of the American middle class your fortunes will wain.
It is time to take our money out of Citibank, Bank of America, JP Morgan Chase , Wells Fargo and the entire big bank system.The reason we must do this now is that we must throw off the fetters of international banking that allowed these banks to put risk off their balance sheets worldwide. This ill fated plan was implemented by Phil Gramm in the United States. When Fannie and Freddie could no longer lend at the rate needed to further the mortgage bond security industry, that industry was taken over by the investment banks, Bear Stearns, Morgan Stanley, Merrill Lynch, etc, and the commercial banks such as citibank. The orchestrator of this fraud of mortgage bond swindling, which now is frozen because investors have been seared, is Goldman Sachs!
We are paying for a plan that hid risk in the system from the stockholders of these banks, which allowed all the ponzi loans and toxic underwriting that these bankers wanted. They wanted to make a fortune on real estate worldwide, and now a worldwide meltdown is occuring in that very real estate. These stockholders have been wiped out.
It is time that the government of the United States stop helping the banks. But we know that the Republicans and the Democrats have sold their souls to these banks who were out to cheat Americans from the 1998 Basel II accords, that allowed the phony banking and allowed risky actions to be kept off the balance sheets of the banks. We must not allow these banks to rule us. This hub (website) is a call for a boycott of the international banking system.
Here is the story of Basel II: Be Patriotic and Stop International Bankers!
- Wells Fargo Bank Leads Securitization Attack On Taxpayers
Wells Fargo bank wants the government to guarantee mortgages and has threatened to make the 30 year mortgage obsolete if the bank doesn't get what it wants. I have been writing about this subject of... - Strategic Default Is Growing In Popularity Finally
JP Morgan Has No Shame! I am really excited that strategic default in Nevada is up to 1/4th of the walk aways. This is crucial since the more people walk away, the more that bankers will have trouble blowing...
What American Must Do to Be Free of the Banks
1. Take your money out of the major banks like JP Morgan, Citibank, Bank of America and Wells Fargo. If you take out 1000 dollars that is 10000 dollars that cannot be lent out. You have power over banks and as you will see below, you are protecting your own interest as well. Put the money in a safe place at home or into your credit union.
2. Do not take loans from the banks and do not pay back the loans that you have. Walk away from your house loans, your car loans, your student loans, your credit card debt. Now this is not financial or legal advice. I am not doing anything more but educating here. I know you cannot probably do all of the above, but do what you can.
3. Do not trust the Republicans or the Democrats. They are all in the pockets of the international bankers who planned to screw us! However, the Democrats are less inclined to establish a new housing bubble in the future. At least at the time of this writing this is true, with a few exceptions, like Larry Summers.
4. Teach your children not to borrow, not to be beholden to anyone, as they will take advantage of them and take away their wealth. What could be more evident than the billions already given to AIG and the trillions that will be given to all the banks to make the international elite happy.
5. Do not listen to the upbeat messages that are being fostered by both Democrats and Republicans, when we know that the brunt of housing defaults are still ahead. Certainly the spanking of the banks by the Obama plan will encourage some, however there will be likely no more than a slap on the wrist and the moral hazard of international banker scamming will not be stopped in any way in the long run.
6. All the efforts to slap the banks down like stopping lavish parties is just not getting at the heart of the matter. Slap the banks by not doing business with them. That is the only way to hurt them. The Republicans and the Democrats will not really hurt these banks in their goal to control the world.
7. Do not let the bankers take away social security in order to privatize it. You cannot trust them to grow the value, and in fact, it is possible that you could lose value. And the fees will be enormous. The big banks know that retail investors are holding back. So they want that trust fund in order to churn fees.
8. Nationalize the Federal Reserve. It is the responsibility of congress to control a public bank, with rules guiding the regulation by that bank. Regulation failed with the establishment of a private Fed that did not stop the housing bubble when it could have. Ending the Fed will terminate the 30 year mortgage and I don't want to see the 30 year fixed go away. However, the easy money loans must be stopped!
Ron Paul, commenting at the testimony of Ben Bernanke on 2/25/09 has said that capital can only be created by working and saving, not by credit coming from out of thin air. He said the international bankers will fail to reinflate the old economy with credit instead of capital. He said that the international bankers were planning a new worldwide reflation, but he said it would fail.
I am not a fan of Ron Paul's solutions (deregulation) but am a fan of his analysis.
At this same hearing Bernanke stated that in September there was a near meltdown of the world financial system. Was this meltdown a blackmail of congress? Who caused this meltdown?
Ron Paul raised the spector of inflation and no economic growth. The danger then is that monetary expansion could be too great and inflation could exist while people are still unemployed. This could be a very dangerous situation.
The New World Order Allowed Off Balance Sheet Banking. It is EVIL.
- IMF Wants Implicit Guarantees for Loans Just like Wells Fargo
The IMF has come out for implicit guarantees of mortgages, no matter whether Fannie or Freddie are privatized. I have always argued that the international bank is a diabolical organization, a wing of the... - Banking Regulations Links
Banking Regulations Links. - Does Mercantilism Still Exist in China and the USA Today?
I wrote this in reply to an article critical of Chinese mercantilism: "What makes you all think that a change would help the US consumer? My assumption is the US consumer is the only serious consumer in...
Links To Bank Crisis
- Move your money
Move your money. If you have money in any of the too-big-to-fail banks, then move it to community banks and/or credit unions. Why should you do this? It is the patriotic thing to do. Big banks only care about... - The Real Revolution is Fighting Asset Inflation
Be sure to take the frugality poll down the page. I want to know over time how people are thinking about thrift and spending. Americans must use their brains in order to defeat the banksters who have... - Bank-Abuse.com
You banksters have the AUDACITY to ask us to cooperate with you in your economic recovery after you have killed the golden goose of world prosperity, we consumers right here in the USA. - Private Lender Loan
The private lender loan, or hard money loan, is a loan that comes from a source outside the banking community. The private lender loan is a loan on a property that requires a substantial down payment, or a... - Mish\'s Global Economic Trend Analysis: Citigroup\'s "Hail Mary Pass": How To Know Citigroup Is In S
- We Already Have One World Government
Update: on 4/2/2009 British Prime Minister Gordon Brown proclaimed a "New World Order". Let's consider the consequences of this new world order. Clearly, the international bankers created this crisis, with... - 10 reasons to shun stocks till banks crash Paul B. Farrell - MarketWatch
You are warned: Stocks are a sucker bet in a rigged game with a new meltdown just ahead, argues Paul B. Farrell. - Silent Run on Banks
Great discussion here about the bank near meltdown in September 2008 and about the safety of banks. - Be Patriotic Stop International Bankers From Raping America
I don't really know if international bankers have always been cockroaches. But certainly after Basil II they have been pests that need to be stamped out. Now I don't believe in just killing them, unless the... - Foreclosures Are The Solution
While I agonize over people losing their homes, what needs to be understood is that the federal government of the United States created a vast, easy money, loose lending ponzi scheme that threatens to spiral... - How Safe Is My FDIC Bank Account?
Readers, I urge you to please pay attention as this information is important! Did you know that there was a run on the banks in September 2008 that threatened the American banking system? Oh, the mainstream... - Fascism Worldwide
Collapse of banking system in Sept 2008 is the topic. Very timely. - The Bet That Blew Up Wall Street - CBS News
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis - The Fascist Government Will Continue to Screw the Middle Class
The ponzi housing scheme that ripped us off was created by George Bush and Alan Greenspan to finance the War for Oil in Iraq. But the screwing of the middle class is continuing. I have a list of websites...
Jim Rogers on Inflation Before The Crash. Know This: Gas Will Go Up When We Recover. So Will All Other Commodities
CommentsLoading...
Howdy,
These guys over dramatize the situations, but they have good economic fundamentals.
http://hubpages.com/hub/Freedom_To_Fascism
Anyway, thought you would like it.
TMG
Here is what we did. All our "cash" is in credit unions. Our mortgage is owned by a family trust. So in essence we pay ourselves the interest on the loan AND the IRS legally allows us to deduct the interest we pay. I have not had money in anything other than a credit union in over 20 years. We do NOT carry a balance on credit cards either, but we DO charge everything we can on at most two cash back CREDIT cards which allows us to earn interest ding the float AND get a percentage back. Groceries, gas, clothes, pretty much all of our day to day needs get charged on the free negative interest cards.
I wish more people could do the same thing.
Thanks guys your really telling the truth about the banks especially citibank, I was a victem of fruad with this bank and i also think credit unions is the way to go. I am all for the boycott on citibank, and bank of america also wachovia. They have inside people to link out the amont of money you have in the bank, Also i cant forget about union bank. Crap
I'm with you on boycotting CitiBank. I had a very bad credit card experience with that bunch of shysters. The same goes for JPMorganChase who tried very hard to screw me on my homeowners insurance when my mortgage was sold to Chase (some 20 years ago). I've stopped doing any business at all with any of the big Wall Street banksters.
Well, imho, from what I see...the wealthiest people in America, nowadays, are Asians...and Asians are benefiting from what the banks are doing. They will not pull out. They will keep it going to continue to improve Asia and enrich themselves in the process. This is not meant to be racist and I apologize if it comes off that way. But I attend business school and it's 95% Asian...and they are ready, hopeful, and willing to go work for places like Goldman Sachs.















TheMoneyGuy Level 1 Commenter 2 years ago
Another great Hub,
I have done it myself and anyone want to know how and the results can email me from my profile.
TMG