Granny Miller shared this -- there's more to her post, go visit.
I was happy to see our bank was very near the bottom of the list, but honestly, the way things are going (and have been for quite some time...hind-sight is 20/20, isn't it?) I'm still not comfortable with that.
No, we aren't giving up the banks altogether. At least not yet. DH's paycheck is direct-deposited, so I have no choice but to use the banking system. At least for that day. I pull out all money as soon as it's in there and deal in cash. One, it keeps me from messing up and handing the bank some extra fees for not paying close attention to the checkbook. And two, it's just plain good sense these days when the phrase 'bank run' seems to be on so many lips.
Just say it happens. Just play a what-if game. What if...you had all your money in a nice, safe, bank account and you bank was unable to open for access to you? What would you do? What if...you savings, your stocks and bonds through a work pension, etc. were just pieces of printed paper and you really had nothing? How long could you last?
Yeah, I know, people freaked over the whole Y2k things years back and look, nothing happened. But what about the folks who were prepared, at least on some level, if it had happened as reported? It was winter for most of the country. They had heat sources set up. Some people didn't. They had food and other needs set aside, at least for several weeks, some were prepared for a much longer term. Some folks barely had a cupboard of needs, let alone a pantry. Some had money kept in cash and the like for use in bartering, trade and what purchases might be available. Some didn't.
What would you do? I mean, really....no food in the house, little in the way of ready and accessible cash, no alternative sources of heat, water, and so on? I know...I'm an odd duck. My family said so many times (ok, they still do, quite often, actually). But where would everyone have come to if Y2k amounted to something? My house. I had food a plenty, I had water and heating and lighting. I had resources already in place to sustain for a good while, and then replenish for the most part. LOL...I had no short supply of toilet paper, either. Don't laugh...never underestimate the power of a well-stocked toilet paper supply to those in need.
What if it never happens...a bank run or closure? Would you \really be any worse off learning some new skills, knowing how to do something, even if you never have to actually put the skills into practice? What if it isn't a bank run in the future...what if it's something that happens in great numbers every single day in our country....plant closures, jobs leaving in droves, unemployment lines growing by thousands? How do you eat? How do you keep living the life you are used to?
I'm an odd duck. Yes, I'd like to be off the grid here, but that's just me. I prepare and plan and work for that day, and I train my children for that day. If we never have to actually live that lifestyle, that's ok. My family is prepared to keep living with a very little bump in the road should it be thrust upon us just the same. I like knowing that we have the skills to do without the common luxuries, and that we can be just as happy without them.
Are you brave enough to see if your bank is the next in line to fail?
Are you and your family prepared to survive if you should lose all of your money (Federal Reserve notes)?
Can you survive without money?
Do you understand hyperinflation?
Chris Brunner's post over at Lew Rockwell yesterday got me curious and I checked my bank.
The Texas Ratio of my bank is 14.
But then I'm not surprised.
Small locally owned banks aren't in trouble and are not beholding to Wall Street, nor to the criminals at the privately ownedFederal Reserve Bank .
The current wave of predictable bank failures is due in large part to central economic bank planning and global fiat currencies.
The large multi national global corporations and entities which seek to nationalize private property and make us all dependent debt slaves have lost control of the current economic situation.
The proof of this is in the overnight interest rate and the artificially controlled prices of oil, gold, and silver.
Never forget, Federal Reserve notes are NOT real money.
Nor are they Constitutional.
Federal Reserve notes do not define wealth nor are they dependable security.
Hard assets have always been true security in difficult economic times.
Stored food, guns, ammo, land, gold, strong community ties, silver, livestock, energy independence and the skills of self reliance are the foundations of security and real freedom.
Our ancestors knew this.
I know there are troubled times ahead and we are making due too. I tried to go to the link you have but it would not connect. Thought you should know. Great blog today as always.
Thanks
Debbie
No indulgences of self will can be trivial, no denial unprofitable; Heaven or Hell depends on this alone. A parent who studies to subdue it in his child works together with God in the renewing and saving of their soul. The parent who indulges it does the devil's work, makes religion impractical, salvation unattainable, and does all that in him lies to damn his child, soul and body, forever.
Susanna Wesley
At The School Desks
We are a Christian family desiring to raise our children with the primary focus of Training their Hearts!
I have no greater joy, than to hear my children walk in truth... III John 1:4
Train up the child in the way he should go: and when he is old, he will not depart from it... Proverbs 22:6
Oh, that their hearts would be inclined to fear me and keep all my commands always, so that it might go well with them and their children forever!... Deuteronomy 5:29
Our mission in life is not to go to some far-off foreign land, but to work at home and in our churches and home communities. Our goal should not be to leave behind riches and possessions, farms and homes for our children, but a priceless heritage they will cherish enough to work fervently to pass along to their children. It has been done for generations and with God's help it can still be done. In teaching our children, we are striving toward a deep understanding of who they are In Christ. I am . . . a child of God, a gift to my parents and my country. I'm a person of great value because God made me. I can . . . do all things through Christ who strengthens me. God has made me able to do everything required of me. I ought . . . to do my duty to obey God, to submit to my parents and everyone in authority over me, to be of service to others, and to keep myself healthy with proper food and rest so my body is ready to serve. I will . . . resolve to keep a watch over my thoughts and choose what's right even if it's not what I want.