Do not use Safety Deposit Boxes

[In Iraq]

Totally laughing here... bet you are not the only one using that for a bank either When you get back home here you may want to look into the company that actually makes a safe as part of your bed frame (box springs).... its pretty incredible, high end, well made and price tag to match... the only downfall is having to completely rip apart the bed to get to it....

I am not surprised they make a mattress safe. Anything for a dollar and I would probably buy one, thanks!

[Merlin]

Media Coverage? are you serious? the media is bought and paid for and they are not gonna highlight these kinds of atrocious things. Get real !! They are the ones spreading the whole "you can trust the Federal Govt" propaganda.

Are You Serious??? Hay, I'm going to get a boat and go to Cuba! where people are Free! and the Press Prints the truth!!

Just think! This is one of the only country's that you can even Say or Type what your saying!

Have some respect for our boys and girls who are fighting and dieing so you can say what you want!

I'll buy you a one way ticket!

[beagle]

Presidential Order 13303!

Presidential Order 13303!

[Mr.B.]

Well, this is what we agreed to. I just hope that it works the way it should and stops the people it should, and not hurt the hard working and investors. I think the DHS knows what they are doing, let them do there jobs and get the bad guys off the streets. If your not into shady things.......you'll be fine. NOW, LETS GO RV

[Soldiering4U]

You don't do away with the body because of the cancer... you remove the cancer to restore the body....operation 2012.

Snopes says its not true..... http://www.snopes.co...safedeposit.asp

Ya, like I said just did some quick searches and that is what I came up with... btw I definatlly agree lets cut out the CANCER... funny thing is I didn't know Cancer started with an "O" LOL

(to all of you liberals that means I am calling Obama the biggest cancer cell of all)

[Qman]

I see no indication of this being true.

Thanks for alerting us

From:

Sent: Monday, January 31, 2011 6:32 AM

To: TruthOrFiction.com

Subject: U.S DEPARTMENT OF HOMELAND SECURITY HAS TOLD BANKS

Is this true?

Thank you.

U.S DEPARTMENT OF HOMELAND SECURITY HAS TOLD BANKS - IN WRITING - IT MAY INSPECT SAFE DEPOSIT BOXES WITHOUT WARRANT AND SIEZE ANY GOLD, SILVER, GUNS OR OTHER VALUABLES IT FINDS INSIDE THOSE BOXES!

According to in-house memos now circulating, the DHS has issued orders to banks across America which announce to them that "under the Patriot Act" the DHS has the absolute right to seize, without any warrant whatsoever, any and all customer bank accounts, to make "periodic and unannounced" visits to any bank to open and inspect the contents of "selected safe deposit boxes."

Further, the DHS "shall, at the discretion of the agent supervising the search, remove, photograph or seize as evidence" any of the following items "bar gold, gold coins, firearms of any kind unless manufactured prior to 1878, documents such as passports or foreign bank account records, pornography or any material that, in the opinion of the agent, shall be deemed of to be of a contraband nature."

DHS memos also state that banks are informed that any bank employee, on any level, that releases "improper" "classified DHS Security information" to any member of the public, to include the customers whose boxes have been clandestinely opened and inspected and "any other party, to include members of the media" and further "that the posting of any such information on the internet will be grounds for the immediate termination of the said employee or employees and their prosecution under the Patriot Act." Safety deposit box holders and depositors are not given advanced notice when failed banks shut their doors.

If people have their emergency money in a safe deposit box or an account in a bank that closes, they will not be allowed into the bank to get it out. They can knock on the door and beg to get in but the sheriff’s department or whoever is handling the closure will simply say “no” because they are just following orders.

Deposit box and account holders are not warned of the hazards of banking when they sign up. It is not until they need to get their cash or valuables out in a hurry that they find themselves in trouble.

Rules governing access to safe deposit boxes and money held in accounts are written into the charter of each bank. The charter is the statement of policy under which the bank is allowed by the government to do business. These rules are subject to change at any time by faceless bureaucrats who are answerable to no one. They can be changed without notice, without the agreement of the people, and against their will. People can complain but no one will care because this is small potatoes compared to the complaints that will be voiced when the executive order that governs national emergencies is enforced.

That order allows the suspension of habeas corpus and all rights guaranteed under the Bill of Rights.

A look at the fine print of the contract signed when a safety deposit box is opened reveals that in essence the signer has given to the bank whatever property he has put into that deposit box. When times are good people will be allowed open access to their safe deposit box and the property that is in it. This also applies to their bank accounts.

But when times get really bad, many may find that the funds they have placed on deposit and the property they thought was secured in the safe deposit box now belong to the bank, not to them. Although this was probably not explained to them when they signed their signature card, this is what they were agreeing to.

During the Great Depression in the early 1930’s people thought that many banks were going to fail. They were afraid they would lose their money so they went in mass to take it out, in what is known as a run on the banks. The government closed the banks to protect them from angry depositors who wanted their money back. Throughout history, governments have acted to protect the interests of banks and the wealthy people who own them, not the interests of depositors or box holders.

In a time of emergency, people will have no recourse if access to their safe deposit box and bank accounts is denied. If they are keeping money in a bank that would be needed in an emergency or in a time when credit is no longer free flowing, they may not be able to get it out of the bank. The emergency may occur at night or on a weekend or holiday when the bank is closed.

The solution is to take emergency cash or valuables out of the safe deposit box or bank account and secure them somewhere else, like in a home safe. An even better idea may be to close the safe deposit box account completely, letting someone else entertain the illusion of safety.

Americans have learned a few things since the Great Depression. They now have the FDIC to liquidate any failed banks.

The FDIC promises to set up a series of dates and times when safe deposit box renters can access their boxes by appointment to remove their property and surrender their keys. The FDIC also promises to mail bank customers an announcement of the dates for such events and include a question and answer page that addresses safe deposit box access.

The people have the FDIC to give them back the money they had on deposit that they were unable to get out of any failed bank that carries FDIC insurance. Sheila Bair, head of the FDIC, promises that depositor`s money will be available in 24 hours or less. But people should remember that the FDIC is just another bureaucracy, and it`s probably best not to rely on a bureaucracy in an emergency.

THE SAME HOLDS TRUE FOR STORAGE FACILITIES

DON'T PUT ANYTHING VALUABLE AND/OR NON-REPLACEABLE IN ANY BANK OR STORAGE FACILITY

[hardmoney1]

Remember this is posted in the RUMOR section. If true...it has NOTHING to do with this Administration. Stop trying to place blame on our President for every negative thing that get's posted!

This has been going on in California for the last decade: See here. Do a search of Safety Deposit Box Seizures!! I immediately closed my safety deposit box when I found out (and verified) what California was doing. Remember, nobody "knows" what you have in the box, and therefore you cannot prove what is in there. silverbearcafe.com/private/5.08/ripoff.html California reduced their notices of "abandonded" boxes if you did not visit the box (never mind that you paid for it every year) for 10 years, then 7 years then 3 years, then 1 year!!! OH, My Look mr Revenue, another box left for the state!!

I am not a fan of Obama, but HE DID NOT START THIS - It is, however, government intrusion again!

To all who are reading this post -

I am not speaking of the "Homeland Security" issue concerning Safe Deposit boxes, however, I know that California has been doing this for the last decade. The Controller of California (John Chiang) verified personally that California was doing this, and it is his desire to personally stop the practice. (Good for him, what about those who lost their things??)

link here: http://silverbearcafe.com/private/5.08/ripoff.html

Keep your stuff with you.

p.s. the guy with the shovel - I read a few stories of fellas that buried their gold & silver and other valuables in the back yard, only to forget where they buried them!!! Now you gotta make a treasure map, and we all know where that goes. Somebody else needs to know where its buried, or you risk that hassle of "losing" it in your own backyard.

Oh the struggles of holding on to something valuable!

[reveldog]

i have heard that patriot act was written up by none other than Biden in 95

[NCTRIGUY]

I have to ask, can you provide a link to this? No? Hmmmm, perhaps you are taking this out of context?

Could you possibly be referring to this:

http://www.snopes.com/politics/business/safedeposit.asp

The Patriot Act was done under George W. Bush, since you have been sleeping for the past 10 years.

"The Act was passed by wide margins in both houses of Congress and was supported by members of both the Republican and Democratic parties."

So your point was what?

[gypsygirl]

I don't know about Homeland Security but you do (or did) have to worry a lot if you live in California -- the state govt was routinely removing the contents from safe deposit boxes as "abandoned" even though the banks know otherwise, and the owners have active accounts at the same banks, but no attempt was ever made to contact them. http://silverbearcafe.com/private/5.08/ripoff.html.

[Titaniumfoilhat]

Close on that one Tommyboy and it still works your way - However When Ben was asked what had been created he replied "A Democracy - If you can keep it" The if "you can keep it" is a little more telling and sounds like the founders knew that forces would try to take it away. Hmmmmmm smart guys them founders!

Thanks Tommyboy for reminding us.

BTW everybody tool tip - six inch PVC pipe and end caps. Dont forget X marks the spot!

[LettheRVbegin]

OF COURSE i don't trust the FDIC and the GOVT. We can learn from our history. Look what happened during the great depression. Everyone who had gold. silver, and other precious metals inside their safe deposit wasn't able to take them out because our govt didn't let them. Only the people who had gold inside their home gained an advantage over most population.

If you are so worried about getting your home burglarized, I suggest you move to a condominium. It's safer and more cost effective.

[thatoneguy]

I don't wanna sound too pessamistic towards out reality we live with/in daily. I mean, heck, times aint like they used to be. If big brother thinks that you are up to no good, then why not follow prior patriot act protocol and deal with it accordingly? I dont get it. And not gonna lose sleep over it. The citizens and people of this great country are paying more for these terrorist atrocities than the ignorant purveyors of terrorism themselves. I recieved a business card pushing the Alex Jones deal, though i dont agree with much he says, he is entertaining. The card read: " If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy - by James Madison. We could go on and on with arguments about the rights and wrongs of our Gov, so instead of doing that, just vote Ron Paul in 2012, and maybe then we can get back to some normalcy? SAFO and live and let live. Just wanted to share my 2 cents on this topic. Peace and love to all, and lets collectively cross our fingers for that wonderful news to make it into our inbox.

[beefcake]

No way will they look and lose those million dollar

customer BS

[aliveandcare]

Totally laughing here... bet you are not the only one using that for a bank either When you get back home here you may want to look into the company that actually makes a safe as part of your bed frame (box springs).... its pretty incredible, high end, well made and price tag to match... the only downfall is having to completely rip apart the bed to get to it....

In case anybody hasnt heard of what she is talking about... Here ya go