Your safe deposit box is safe til it isn't.

topstuf · January 21, 2006 7:21AM

Point #3

Bank employee instruction per Homeland Security?

Anyone here an employee who could confirm? On second thought, I guess you couldn't (in print) if you were.

Interesting times we live in.

Bailey1977 · January 21, 2006 7:22AM

joeyuk · January 21, 2006 7:27AM

I think I am now on a list just for clicking your link.

ddbird · January 21, 2006 7:27AM

Thats cute...

I think Ill take that risk, thats a whole different story if the government were to try and keep private property from an individual.

lordmarcovan · January 21, 2006 7:28AM

Sounds like a Doom N' Gloom scenario cooked up by some conspiracy buff who's got an axe to grind, or perhaps a few screws loose.

(However, some of it is plausible enough to be scary- a little. That's the idea, I suppose. Wooo. Scary scary.)

fc · January 21, 2006 7:31AM

ha! what is that topstuf?

I can prove your uncle Larry was on the moon!
(moment while i create the website thanks)

so, our govt is going to pick the locks on 1000000 safety
deposit boxes huh? oh yea. that should cost about 10 dollars
to swing.

edited to add: oh i see, they are not going to examine the contents,
they will simply put an agent at every bank location with safety
deposit boxes. that costs a bit more, 20 dollars.

TorinoCobra71 · January 21, 2006 7:42AM

That article is a LOAD of Horse Hockey!

TorinoCobra71

TommyType · January 21, 2006 7:50AM

Since points #1 and #2 are pure fantasy, or fantasy mis-readings of real information, why would we assume #3 is factual?

added: I couldn't force myself to read past #3.

aurelius180 · January 21, 2006 7:51AM

I'm a branch manager for a fairly large bank in the Northeast and that is the first I've heard of this. Bank policy prevents employees from knowing what is in customers safe deposit boxes. A lot of times customers refuse to use the private room provided and open their boxes in the vault in front of employees. I try to leave the vault or at least look away. We generally get an idea but we don't know what is in there

If if we know there is cash in there we don't say anything to the Fed.

TAClough · January 21, 2006 7:52AM

Sounds like Howard Dean, John Kerry or even Al Gore wrote that article, remember Senator Joe M - tell a big lie often enough and you and everyone else will start believing it.

topstuf · January 21, 2006 8:01AM

That's why I put a question mark on the link header.

Ignore or whatever. However, this Iranian oil bourse opens in March and that is a fact. Nothing says that the Iranians won't ALSO accept dollars. So it should not be doomsday. But it would be if they declined dollars. Which they probably won't.

I do know one thing. If the US was trying to buy a used car and needed a credit report they would be turned down. Being able to PRINT money would be the only reason to make the loan.

We have a negative personal savings rate and that is bad. And that is a fact.

I too searched a lot of key words to verify from any other source than this doomsday thing and found nothing.

However, the FACT remains that it was done before and it CAN be done again. Assess risk.....act accordingly. Personally this week I acted like Emeril and kicked my home alarm up 2 notches...BAM! One I won't disclose and the other is adding a portable silent panic button. Nominal cost and extra peace of mind. I also have a safe deposit box.

If Homeland Security ..... DID...... (and I'm not saying they will) want to restrict access to boxes in a national financial emergency, I'm sure they could find local officers who would be only too glad to assist them. Or they could arrange "convenient appointments" for those who wish to remove contents. Shoot, nobody keeps ESSENTIALS in a SDB.

Just a heads up for the gang.

MikeInFL · January 21, 2006 8:09AM

Sounds to me like a whole lot of people didn't take their meds recently...Mike

TommyType · January 21, 2006 8:11AM

<< Sounds to me like a whole lot of people didn't take their meds recently...Mike >>

Or lost their tin-foil hats.

Raynman · January 21, 2006 8:16AM

It just proves a point. Any nutjob(s) can have their own website.

BASEagle · January 21, 2006 8:16AM

<< the main reason for invading Iraq was to stop it from selling oil in Euros, >>

Ok, no reason to read any further than that.

Wacko.

Mike

streeter · January 21, 2006 8:18AM

If you look at the subtle signs and the not so subtle signs of what has transpired in this country during the last 10-15 years then it might be wise to be very concerned about the safety & security of any undocumented wealth.

As for me, I have no wealth so I have no concerns.

topstuf · January 21, 2006 8:24AM

Poor streeter. Can we send you anything?

streeter · January 21, 2006 8:27AM

I'm fine thanks. That post was for

The List Of Carnivore And Eschelon Keywords
And Eschelon Keywords 6-28-5. The list below contains many of the keywords the
Government Spooks search YOUR email and chat for. ...
www.rense.com/general66/scgh.htm - 27k - Cached - Similar pages

L--from what I sense, you might want to peruse that site

------guppy came up

topstuf · January 21, 2006 8:33AM

Anyone know how long a funnel web spider could live in a safe deposit box? Also are there any restrictions on bringing crickets in on a weekly basis?

topstuf · January 21, 2006 8:40AM

Uh-oh, streeter. I looked at that site cite and found.................."Bubba the Love Sponge"

It's THE END!!!

garsmith · January 21, 2006 8:50AM

Jdurg · January 21, 2006 8:55AM

EVERYTHING is inherently unsafe unless it is physically in your hands. While people may claim that your items and goods are well protected, unless it is physically in your hands and in your posession there is an inherent unsafeness to it.

Stork · January 21, 2006 9:03AM

Well, I'd like to read it, but my government computer has that website blocked for some reason. I guess I'll read it when I get home in the morning.

Bear · January 21, 2006 9:08AM

Gee, I hope Im sent to a California internment camp.

Cold weather makes my arthritis worse. I better eat

my stash of donuts before the government claims it.

mrearlygold · January 21, 2006 9:09AM

<< Point #3

Bank employee instruction per Homeland Security?

Anyone here an employee who could confirm? On second thought, I guess you couldn't (in print) if you were.

Interesting times we live in.

Interesting perhaps and pathetic at the same time.

stman · January 21, 2006 9:10AM

I'm very afraid. I mean I'm really afraid. Signed..... Living in a bubble. (AKA Bubble Boy...)

Bear · January 21, 2006 9:17AM

There are elements of the report that are accurate.

There are potential governmental powers that could

do just about anything to anyone at anytime, by declaring

a National emergency. It a rather frightening thought to take to bed

every night.

Coin Finder · January 21, 2006 9:18AM

Personally, if the us experienced financial collapse, a safety deposit box is where I would want my valuables. When the looting began they would be safe.

I think if the US made all US currency outside the US debased or worth nothing, it would close down the counterfeit operations and those countries that hold it would be in a bind. When they found Saddam, he has US currency, not gold or silver or euros!

Tbig

MadMarty · January 21, 2006 9:46AM

See, IWOG was right all along!!

stockwiz · February 19, 2006 7:45PM

imagine the resources required to undertake siezing of the boxes.. and even if they did it, then what? Are they going to resell everything? That's just outright stealing. Do you think the bank employees will really try to stop people from accessing the contents?

ibzman350 · February 19, 2006 8:12PM

Damnit !!!! I hurt my arm.....................fell outta my chair laughing so hard !

Herb

1jester · February 19, 2006 8:50PM

<< If you look at the subtle signs and the not so subtle signs of what has transpired in this country during the last 10-15 years then it might be wise to be very concerned about the safety & security of any undocumented wealth.

As for me, I have no wealth so I have no concerns. >>

True and true.

It's so sad that so many people refuse to consider the very real possibilities, and decry those who do as idiots.

Coppernicus · February 19, 2006 8:53PM

So a French "chicken little" website is warning us about our economy? That's rich - Have you seen the condition of the French economy (or the entire EU for that matter?)

Congress will increase the debt ceiling if necessary, the world will continue to buy our T-Bonds (no safer investment anywhere), and your safety deposit box is as safe as it ever was. We will face economic problems in the future, particularly entitlements, but we'll solve them and our economic engine will continue to chug along.

My coins stay where they are: at the bank!

Mike

VamGuy · February 20, 2006 12:08AM

This entire scenario is as far fetched as our federal government selling off our ports to a company from an Arab nation that has direct ties to 9/11...

Totally absurd.

Gemineye · February 20, 2006 12:21AM

<< ha! what is that topstuf?

I can prove your uncle Larry was on the moon!
(moment while i create the website thanks)
>>

......When did I walk on the moon............????????????.....................

tincup · February 20, 2006 12:44AM

While there are some interesting thoughts in this article.... I took most of the article for what it is worth after reading the first sentence.... "In its attempt to establish a world empire dominating every nation on the planet, ...." After reading this sentence, it was very apparent that this was just another bash the U.S., bash Bush, etc. However.... there is no doubt in my mind that the economy is very unsettled, our debt is way to high, and on and on..... Be prepared for about anything..... diversify!

Conder101 · February 20, 2006 2:08AM

<< imagine the resources required to undertake siezing of the boxes.. and even if they did it, then what? Are they going to resell everything? That's just outright stealing. Do you think the bank employees will really try to stop people from accessing the contents? >>

Siezing the boxes would be easy and not take much in the way of resources at all. Just take a lesson from FDR. On Saturday evening the President addresses the nation and declares a bank holiday. The banks will not reopen until say Thursday. This gives them time to contact all the banks and pass on instructions that customers may not access their boxes. Then you just send a round a federal agent to each bank (and since you won't have enough you just swear in local law enforcement officier temporarily as Homeland Security agents) And they just go to each bank to observe the opening of the boxes, confiscate what is being confiscated, and issue receipts.

It's not like is has to be accomplished overnight or in just a couple days. The bank can reopen, they just can't let anyone into the vault where their box is. So there is plenty of time. For those people who HAVE to get access to important papers stored in the boxes,they can apply to the bank for same. They turn their key over to the Bank and the Bank opens the box, makes a COMPLETE inventory of its contents an turns over the requested documents, duly noted in the inventory.

If it turns out that people were given access to their boxes then the bank employees are held responsible as being in violation of Presidntial order Blah Blah Blah, minimum five year prison term. That should cut way back on unauthorized access.

Now I'm not saying that I believe any of that stuff or that they plan on doing it, just that that is how they COULD go about doing it.

Will they resell what they take? Probably. Is it just outright stealing? Yes, and your point is? Besides it isn't really, they gave you a receipt! And that plus a dollar will buy you a double cheseburger at McDonalds.

BlindedByEgo · February 20, 2006 2:13AM

<< 

<< Sounds to me like a whole lot of people didn't take their meds recently...Mike >>

Or lost their tin-foil hats. >>

I'm down to a tin foil beanie. Have you seen the price of aluminum lately?

13PacesEast · February 20, 2006 2:45AM

This should be over at abovetopsecret.com

Falling is the sky !

fishcooker · February 20, 2006 4:06AM

It's much more likely they'll just make it where all sales are 1099. You won't be able to deal goods without collecting 1099 data from your customer.

Then the IRS can collect taxes on everything ever sold, and the states & locals can collect sales tax on everything ever sold. Plus, the purchaser can't hide, he'll be paying school property tax on everything ever bought.

Think you can install a new 37" HD TV without paying more school tax? Think again.....the value of your property has risen.

fullerfun4 · February 20, 2006 4:17AM

Only an idiot would give any credence to such blather.

WillieBoyd2 · February 20, 2006 4:18AM

"Please ask the government to stop monitoring our precious bodily fluids"

General Jack D. Ripper

KUCH · February 20, 2006 4:20AM

That article is a bunch of horse ****. If you want to protect your coins (ownership/assests) stay away from socialism in all it's form. Start at the grass roots. Down with welfare/unless one is eldery/etc, Up with free enterprise, go buy more coins at market value.

mrearlygold · February 20, 2006 4:51AM

Stork · February 20, 2006 5:09AM

<< In its attempt to establish a world empire dominating every nation on the planet >>

...

Read "Empire of Debt" by Bill Bonner and Addison Wiggin. The discussion on what constitutes an empire may be somewhat of interest. That said, I'm thinking that website (now that I've finally gotten around to looking at it from my home computer) is perhaps a bit inflammatory.

Whatever anyone's own conclusions are, some of us buy bullion as a 'hedge' against many things...including perhaps a significant change in the way the world is run, our country included. Just food for thought. For the record, I'm more interested in using bullion as a more traditional hedge against falling dollars and rising rates, and my 'stuff' goes to the bank.

Bear · February 20, 2006 5:54AM

There aint nothen safe no more. Your phone, putor, mail conversations

bank safe, bank accounts. I bet even ones shorts are not safe

from government snooping. I could swear smoeones been rummiging thru

my stash of donuts too.

ricko · February 20, 2006 6:32AM

I find it incredible that anyone would really believe this drivel. Oh wait, if I check the posts, I will probably find the same one's believing the 'moon landing conspiracy' and 'Elvis lives' scenario's. Idiots. Cheers, RickO

stockwiz · February 20, 2006 6:45AM

for what it's worth, I do see the collapse of the credit market bubble coming, especially when you really see how much outstanding debt we have... it's gone from 12 trillion in 1990 to 20 trillion in 1997 to 38.8 trillion in the latest quarter.
This debt growth must keep rising and the instant it can't any longer, the house of cards collapses. The unknown for me is if the collapse is deflationary or hyperinflationary.. my guess.. deflation first, hyperinflation second.

link

and has anyone been noticing we're above the debt ceiling right now?

link

I don't see any alternative to using safe deposit boxes besides burying the stuff.. and I'm not burying my coins. Hiding them in my apartment? At relatives houses? I don't have a heavy gun safe. I'm more concerned about the masses then the government. At the first sign of trouble my stuff would be out of those safe depost boxes anyways.

Russ · February 20, 2006 7:00AM

<< Collapse of U.S. Economy Imminent

In its attempt to establish a world empire dominating every nation on the planet, the U.S. has exhausted its ability to finance the expansion and the country now faces imminent financial collapse. From all indications, it looks like 2006 will spell the end for America. >>

Any time I see an article that opens with that kind of bilge I think of a whacko by the name of Gary North who made a fortune predicting worldwide catastrophy would befall us on January 1, 2000.

<< On Saturday evening the President addresses the nation and declares a bank holiday. The banks will not reopen until say Thursday. >>

The problem with that scenario is that it's a violation of federal law to do so.

Russ, NCNE

Baley · February 20, 2006 7:30AM

On the list of things I'm concerned about, the security and ownership of the contents of my safe deposit boxes doesn't even register in the top 10. Even if they were confiscated, it's just stuff. If things got so bad in the USA that that happened, I'd probably be long gone to Australia.

Conder101 · February 21, 2006 1:02AM

<< The problem with that scenario is that it's a violation of federal law to do so >>

Not if the President signs a Presidential Order mandatig it. See FDR, 1933. If they can declare a bank holiday once, they can do it again.

Your safe deposit box is safe til it isn't.

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