Is the United States Government About to Confiscate Your Bank Account?

Gov Targets Private Bank Accounts: Seizes Funds Of Innocent Americans Without Charge or Trial

Mac Slavo
SHTFPlan.com
September 27, 2013

Do you still keep a hefty portion of your savings in a U.S. bank?

If so you may want to reconsider your options. Because if the following report from the Institute of Justice is any indication, nothing you hold in private bank account is safe anymore.

Can the government use civil forfeiture to take your money when you have done nothing wrong—and then pocket the proceeds?

The IRS thinks so.

For over 30 years, Terry Dehko has successfully run a grocery store in Fraser, Mich., with his daughter Sandy.  In January 2013, without warning,the federal government used civil forfeiture to seize all of the money from the Dehkos’ store bank account (more than $35,000) even though they’ve done absolutely nothing wrong.

Their American Dream is now a nightmare.

Federal civil forfeiture law features an appalling lack of due process:  It empowers the government to seize private property from Americans without ever charging, let alone convicting, them of a crime.  Perversely, the government then pockets the proceeds while providing no prompt way to get a court to review the seizure. 

On September 25, 2013, Terry and Sandy teamed up with the Institute for Justice to fight back in federal court.  A victory will vindicate not just their right to be free from abusive forfeiture tactics, but the right of every American not to have their property wrongfully seized by government.

Source: Institute of Justice via AEI / The Daily Crux

Cyprus Bailout, Could We Be Next?

The Global Elite Are Very Clearly Telling Us That They Plan To Raid Our Bank Accounts

Michael Snyder
Economic Collapse
March 28, 2013

Don’t be surprised when the global elite confiscate money from your bank account one day.  They are already very clearly telling you that they are going to do it.  Dutch Finance Minister Jeroen Dijsselbloem is the president of the Eurogroup – an organization of eurozone finance ministers that was instrumental in putting together the Cyprus “deal” – and he has said publicly that what has just happened in Cyprus will serve as a blueprint for future bank bailouts.  What that means is that when the chips are down, they are going to come after YOUR money.  So why should anyone put a large amount of money in the bank at this point?  Perhaps you can make one or two percent on your money if you shop around for a really good deal, but there is also a chance that 40 percent (or more) of your money will be confiscated if the bank fails.  And considering the fact that there are vast numbers of banks all over the United States and Europe that are teetering on the verge of insolvency, why would anyone want to take such a risk?  What the global elite have done is that they have messed around with the fundamental trust that people have in the banking system.  In order for any financial system to work, people must have faith in the safety and security of that financial system.  People put their money in the bank because they think that it will be safe there.  If you take away that feeling of safety, you jeopardize the entire system.

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