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Unless You Want to Go to Prison, Read This Before Taking Money Out of Your Bank



What do they say about those people who fail to lose the lessons of history?

What do they say about those people who fail to lose the lessons of history?

George Soros won’t go to prison for taking his money out of the bank, but you could, if you are not very careful.

In response to yesterday’s article which detailed how it is a good idea to monitor George Soros’ money movements, because they are predictive of future economic collapses as they have been so many times before. We should all be more a little more than nervous when Soros, in the first quarter of 2014, removed his money from three megabanks.
“Rick” wrote to me following the publication of yesterday’s article with some very pointed concerns and questions. Here is his response:

“Ok, the idea of removing your money from the bank for me is a joke! I have a substantial amount in 3 different accounts. It’s VERY difficult to remove more than $8,000 or $9,000 at a time without extreme scrutiny from the IRS and the DEA. Plus, the banks will tell you that frequently they don’t have enough on hand to give you even $8,000. If you close your account, guess what? They give you a check, NOT cash! So you have to go to another bank WITH A CHECK once more!

So, how does one remove their money from the bank without causing  major transaction reports to be filed with the government about your banking activities????

Dave, thus, please give us tips on how to remove substantial amounts of cash without incurring the wrath of the government, and how to take out large amounts of cash to begin with, as the banks discourage taking out more than $1,000 to $3,000 dollars in any given transaction.”


At first glance, Rick appears to be correct. The odds are stacked against all average depositors. With all that is available to read on this topic, it is mind boggling regarding how few people are preparing to act to preserve what assets they have remaining by not removing their money from the bank. Because you have put your money in the bank, you no longer own your money.

The courts have ruled that once you deposit your money in the bank, the bank owns your money. You virtually are paid no interest for the hard earned money that you place in the bank. And if inflation is only at a modest 5% rate, your hundred thousand dollars is worth only $95,000 after one year. In a decade, your real buying power is reduced by about 50%. And where did the other 50% go? Because of fractional reserve banking, the biggest money scam in history, the banks can take $10,000 and turn it into at least $90,000 by doing absolutely nothing but adding some zeroes after your name, on a computer scree, and then loaning out the money, at interest, while you are paid a minuscule interest rate. This practice adds to the inflation rate and further erodes your savings.

All of the above, dictates that we should all take our money out of the bank. Why do I risk starting a run on my former and biggest holder of my money, Bank of America, by withdrawing my money and presuming that many fellow depositors will read this and rush to withdraw their money too? The very biggest reason to is because they pay me near zero interest. Also, even if there is an infinitesimal chance Bank of America will not repay me in full, whenever I ask, switches the cost-benefit conclusion from stay to flee.

The biggest reason to take your money out of the bank is because it has absolutely no protection. The FDIC has only about $25 billion in its deposit insurance fund, which is mandated by law to keep a balance equivalent to only 1.15% of insured deposits. If a banking collapse were to be on the near horizon, the banksters are not going to notify you because they would not want to incite a bank run. With only 1.15% of all deposits being insured by the FDIC, your money would be left vulnerable and only the elite would be warned as they quietly transfer their money to a safer haven. How do I know this? Because this is exactly what my research discovered on the money movements preceding the Gulf oil spill, as it was revealed that on the morning of the explosion, Goldman Sachs issued a “put option for preferred insiders” in Transocean (the owner of the Deep Water Horizon oil rig) and the elite had their stock profit margin guaranteed while everyone else took a financial bath! This is the undeniable pattern of the global elite.

Additionally, your bank account has been collateralized against the derivatives debt.

The bankruptcy reform laws stemming from the Bankruptcy Reform Act of 2005, derivatives counter-parties are given preference over all other creditors and customers of the bankrupt financial institution, including FDIC insured depositors. This gives what the experts call “super priority” in terms of the line of succession from which to collect bankruptcy monies. Bank of America has conspicuously co-mingled their derivatives debt with your savings account and as such they have every legal right use your money to cover their debt. Oh, they would never do that you say?  I have bad news for the uninformed, they already have done that very thing. In the MF Global debacle, the reason that MF Global  customers lost their segregated account funds was because the MF Global debt load was caused primarily because of their derivatives debt which, under bankruptcy laws, gave derivatives claimants super-priority in the bankruptcy proceedings. In short, you do not matter.

Times Have Changed

Taking what was your money out of the bank is no longer a matter of walking up to your friendly teller with a withdrawal slip and the teller cheerfully honors your request and you calmly exit the bank with your money in tow. In fact, your teller is trained to look for certain indicators in any cash withdrawal of any significance.

As you move to withdraw the bulk of your money, there are three federal banking laws that you should be cognizant of, namely, Cash Transaction Report (CTR), a Suspicious Activity Report (SAR) and structuring. Before proceeding with the planed withdrawal of your money, I would strongly suggest that you read the following federal guidelines as it relates to CTR’s as produced by the The Financial Crimes Enforcement Network (FinCEN). All the federal regulations contained in this article are elucidated in this series of federal reports.

Before withdrawing your money, there are three regulations to be concerned with.


Federal law requires that the bank file a report based upon any withdrawal or deposit of $10,000 or more on any single given day.The law was designed to put a damper on money laundering, sophisticated counterfeiting and other federal crimes.

To remain in compliance with the law, financial institutions must obtain personal identification, information about the transaction and the social security number of the person conducting the transaction.

Technically, there is no federal law prohibiting the use of large amounts of cash. However, a CTR must be filed in ALL cases of cash transaction regardless of the reason underlying the transaction. This means your cash transaction will be on the radar.

Structuring and SAR

There will undoubtedly be some geniuses whose math ability will tell them that all they have to do is to withdraw $9,999.99 and the bank and its protector, the federal government will be none the wiser. It is not quite that simple. Here are a few examples of structuring violations that one should be aware of:


1. Barry S. has obtained $15,000 in cash he obtained from selling his truck. He knows that if he deposits $15,000 in cash, his financial institution will be required to file a CTR. Instead he deposits $7,500 in cash in the morning with one financial institution employee and comes back to the financial institution later in the day to another employee to deposit the remaining $7,500, hoping to evade the CTR reporting requirement. Barry should have used multiple accounts to conduct this transaction.
2. Hillary C. needs $16,000 in cash to pay for supplies for her arts and crafts business. Hillary cashes an $8,000 personal check at a financial institution on a Monday. She subsequently cashes another $8,000 personal check at the bank the following day. Hillary is careful to have cashed the two checks on different days and structured the transactions in an attempt to evade the CTR reporting requirement. Hillary should have made irregular deposits on staggered days.
3. A married couple, Bill and Hillary, sell a vehicle for $12,000 in cash. To evade the CTR reporting requirement, Bill and Hillary structure their transactions using different accounts. Bill deposits $8,000 of that money into his and Hillary’s joint account in the morning. Later that day, Hillary deposits $1,500 into the joint account, then $2,500 into her sister’s account, which is later transferred to Bill and Hillary’s joint account at the same bank. Again, Bill and Hillary should have used multiple banks.
The aggregate total of the three transactions totals more than the $10,000 threshold, therefore, a SAR would be filed by the bank and you would be the subject of a federal investigation as all three of the above cases clearly violate the federal banking laws related to structuring. It is a federal crime to break up transactions into smaller amounts for the purpose of evading the CTR reporting requirement. In these instances, the bank is required to file a SAR which serves to notify the federal government of an individual’s attempt to structure deposits or withdrawals by circumventing the $10,000 reporting requirement.

Structuring transactions to prevent a CTR from being reported can result in imprisonment for not more than five years and/or a fine of up to $250,000. If structuring involves more than $100,000 in a twelve month period or is performed while violating another law of the federal government, the penalty is doubled.


Much like the enforcement of our tax laws, the federal government’s enforcement of its banking laws as it relates to CTR’s, SAR’s and subsequent structuring is quite draconian. Civilian asset forfeiture laws come into play. The government can seize your bank accounts while it determines if a crime has been committed. The government can literally seize your assets in perpetuity without an order of the court. Of course, you could try and sue but you will be up against the deep pockets of the federal government and the case could take years. By the time your case is decided, the financial banking crisis that you are so desperately trying to avoid by withdrawing your money, could be over.  So, proceed with caution.

If you ever become the target of a federal investigation, do not, under any circumstances, allow yourself to be interviewed by federal officials without an attorney present. In many cases, people go to jail and pay huge fines, not because they have committed a federal crime, but because federal officials state that they have lied or misled them. And if you do not have an attorney present, it is your word versus the federal government. This is how the federal government sent Martha Stewart to prison.

What to Do

The best way to avoid getting your money caught in the bank in the midst of a bank run would be to not let the lion’s share of your money ever cross the bank. Do not allow your employer to direct deposit your check to the bank. Keep some cash at home by taking out a large portion of the money you receive from your employer. Don’t  put cash in a safety box because the courts have also ruled that the banks own your safety boxes.

Use electronic transfers to buy into a mutual funds and also use checks to buy silver coins from several different companies

Open multiple banking accounts ranging from the big five megabanks to your local credit unions. You could withdraw much smaller amounts until the sum total of your accounts is greatly diminished and is in your possession. To open the accounts, simply write a personal check from your home bank. Of course, in these cases, the bank could hold the check for 15-30 days.

Use checks and case to pay all of your debts.

Prepay your taxes and some other obligations with checks. Make sure you only pay safe entities. Your local government is not going to disappear, even in a depression. Therefore, you can prepay property taxes.

Find a safer bank than the mega banks. Use credit unions as they are one level removed from the Federal Reserve.  .

Please add to the list with your comments.


I predict the Federal Reserve will steal your money by faking a cyber attack In fact, last year, FEMA and DHS actually practiced for this event on October 23rd and 24th of last year.

To people like “Rick” you probably will not be able to save everything, but rest assured, you can still save something to live on. The time to have acted was yesterday.

I can anticipate what some of you are now thinking, because I have thought the same thing!  If all of us attempt to take even just a portion out of the bank, the Federal Reserve and their servant, the federal government, will move to stop all cash withdrawals. Won’t that kind of move serve to expose the criminality of the Federal Reserve and the federal government for all to see? Awareness is the first step to action and we have the ability to force several issues out on the open at this time.



By | 2017-10-26T22:11:30+00:00 May 28th, 2014|Conspiracy, Featured, Main|61 Comments

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  1. […] 05.28.14  –   Unless You Want to Go to Prison, Read This Before Taking Money Out of Your Bank […]

  2. Olivia Hines May 28, 2014 at 5:22 am

    People should already have their money OUT of the banks. God help us, America is past saving. Get ready, people!

  3. […] Read more at The Common Sense Show […]

  4. […] Dave Hodges is the Editor and Host of The Common Sense Show. […]

  5. iwitness02 May 28, 2014 at 6:25 am

    I followed the MF Global debacle pretty close. When Corzine walked away from responsibility Scott free, I went to the bank that same week. At the bank we were interrogated about our intensions. It was almost like we were trying to date their daughter. It still took ten days in all.
    They had to “order in” the money. I wanted mostly small bills. Couldn’t have it that way. It would take to long to count. It was an uncomfortable experience every step of the way. Since then, I deposit just enough money to cover the checks that I write every month. Nothing more. I cut it pretty close. All the taxes have been paid and time has gone by. Now everything works pretty natural and easy.
    One last thought. During the interrogation my wife and I sat silently, until the questions stopped. That was followed by a long period of silence in which I locked on to the bank officers eyes and did not look away until we could get on with it.
    Oh! one more thing. The next surprise was that they suddenly wanted everyone’s social security number that made a cash deposit. That was met with such fierce opposition that they backed away from that for the moment. You know they are all dirty just by the way they conduct their business. Brutal, vicious, and greedy comes to mind. Nothing law abiding about them.
    Keep up the great work Dave. Exposure indeed. This is what we need.

  6. Syrin May 28, 2014 at 6:26 am

    Here’s what you do. Buy as much physical gold and silver as you can possibly buy in whatever combination you prefer. Keep the majority in a safe place in Canada. Have a passport nearby at all times.

  7. USPatriot May 28, 2014 at 6:54 am

    Good call and this is right now. Time to act was yesterday, tomorrow is too late. Get off your butt and take care of business. Do this for your family and your survival. This Government does not care about you, and I mean both parities. It’s all smoke and mirrors. It’s time to stand up for yourself. We all must be wise and act accordingly.

  8. betty alexander May 28, 2014 at 6:57 am

    Thank you for the information and the ‘what to do’,
    Your information is always so great, I know I am only one of many who really appreciate your wisdom.
    What should a person do about the deposit of social security money?
    And what can a person do who lives out of the country?

  9. John Little May 28, 2014 at 7:12 am

    Awesome article, Dave. Add to this disaster cycles that converge soon and a peak in resources… well, we have a disaster incoming.

    Keep up the good work.

    – John, omegashock.com

  10. george May 28, 2014 at 7:15 am

    Dave is correct. I worked for Bank of America and can assure you of this: don’t go anywhere near the 10,000 daily limit; separate deposits won’t work, and even if you deposit 7,500.00 2-3 weeks in a row, the bank will notice that, and promptly notify your friendly socialists. And if you think that BofA or other big banks cannot (or will not)steal your money, think about this: BofA assests total something over 2 Billion bucks. Its derivative commitments are more than 38 TRILLION bucks (at least what is admitted to us; my guess is that the total is over 70 TRILLION). The bank(s) will steal your $$$ the instant that they know that the derivatives scheme is going to collapse. Don’t be caught unawares; take most cash out of the bank(s), buy some silver coins (20 lbs if you can afford them), and make sure that your guns are loaded and that you have plenty of ammo in reserve. You will need them during the upcoming “civil” collapse. May God have mercy on us as we depend on Him.

  11. rick May 28, 2014 at 7:15 am

    Never put more money in the bank than you need to pay bills that month.

    Putting money in the market or mutual funds is just as dangerous imho.

    Gold and silver are for the rich who want to protect assets over the long term.

    By assets, things you can hold, things you can use, things that will always have value regardless of what type of currency is traded for it.

    If I was foolish enough to have a large amount of money in the bank right now I would spend it all on real estate.

  12. Tom B. May 28, 2014 at 7:53 am

    Hi Dave, all this does not matter because when this reset occurs your dollar bill will only be worth .20 cents. Good day.

  13. Jim Eagle Feather May 28, 2014 at 8:01 am

    The upshot of the whole mess is that unless you do as I did in the mid 1970s, learn to live in the wilderness (in my case the Pacific Northwest and British Columbia) you will be a continual target of the Borg Empire. “Resistance IS futile, you will be assimilated.” There were people who bought gold for a protective hedge before the Great Depression – and then gold was just outlawed. You could buy other hard assets such as a distressed house and fix it up. You could stick a feather in your ‘cap’ (not the word I wanted to use) and dance around on one foot too. In a world where all is under the control of the great Global Mafia and with law reduced to an utter joke, they can trash your life JUST BECAUSE THEY DON’T LIKE YOUR FACE.

    But the trouble with wilderness living, is that now I’d suggest one go to the Yukon at minimum. Better yet the Northwest Territories in Canada. http://en.wikipedia.org/wiki/Northwest_Territories
    You need to learn how to Walk Naked into the wilderness. You need to learn how to survive totally on your own – at a Stone Age level. Not that you will actually seek to do that for a plan. It is just something you should know and have practiced. You should know how to advance toward a grazing deer and kill it with a SHORT sharpened stick. If you can’t do that – learn. You need to learn the wild foods that an area may have. (For example – the waysides of your neighborhood are likely full of some types, namely the nutritious foods you have been killing with weed killer in your own yard.) But what you will want to know is what foods are natural in the Yukon (for example). Once you can do this, then you can plan for the use of more advanced survival methods and technology.

    A little secret, when the world banking system finally reaches the point in the hand cranked song: “Pop! goes the weasel”, and the Jack in the Box shows his ugly face, the authorities won’t have to round up everyone into their vast system of camps. As the darkness deepens there will be countless citizens trying to claw their way into those camps begging to be allowed in. FYI it is a Murphy-Universe, and unless you are somehow miraculously transformed in the twinkling of an eye, you won’t get out of it alive. Actually I am fairly certain most doctors would classify such transformation as a form of bodily death.

  14. Don May 28, 2014 at 8:11 am

    One place to keep money outside the federal reserve banking system is to store it in an insurance policy from a true mutual (owned by the policy holders) insurance company. See Presciption for wealth by Tomas Mcfie, or Be your own banker by R Nelson Nash

  15. […] Dave Hodges May 28, 2014 The Common Sense Show […]

  16. Willard May 28, 2014 at 8:13 am

    Dave as hard as it is to believe nowadays, our Grandparents never had bank accounts are trusted anyone with their money after what they went through during the depression. They lost it all when the banks collapsed and later under the “New Deal” of the Roosevelt administration. My grandfather died at the ripe old age of 92 and not once do I remember him borrowing money or signing anything. Unfortunately my father’s generation could not wait to get back in bed with the bankers and “borrow themselves rich”. Now we are all dependent upon the banks and other forms of credit. Has anyone ever stopped long enough to understand that the word “mortgage” means “death-grip” And that is where we are, gripped by death in the bankers stranglehold. As stated yesterday, we feed our executioners. Our just reward is coming!

  17. RickE. May 28, 2014 at 8:16 am

    Excellent article! And it does clarify and expound on the problems very well. I might add that when removing large amounts of cash from a bank account, the bank personnel have acted as though I was some kind of criminal, by treating me with disdain and scorn. I have found another way to remove money incrementally by using an ATM daily, removing $500 at a time, after transferring money from one account to another.
    Thus far, I haven’t been questioned or hassled. This does NOT mean however, that they aren’t monitoring my banking activity! Before I made an appreciable amount of money, I had NO idea what a hassle handling large amounts of cash can be!
    This is a REAL problem, and we have almost NO banking privacy! It won’t and cannot end well.

  18. Gretchen May 28, 2014 at 8:16 am

    Dave – What about funds maintained in 401k rollover accounts with Schwab or other like companies? Do those funds come under the same gov’t regulations as for banks? What happens if the economy collapses? Will those accounts be locked, and the funds become inaccessible? Thanks.

  19. Carl W. Livingston May 28, 2014 at 8:19 am

    All of my 401Ks and IRAs have been converted to useful assets.

    While I do direct deposit my weekly paycheck, any funds beyond what is required to pay bills is pulled from the bank each week. Any amount of disposable cash in the household safe, exceeding a certain maximum, is converted to tangible assets, such as food, supplies, Silver, and other resources.

    Yeah, I might not get to keep it in a SHTF scenario, but the greedy banksters won’t get it either.

  20. arizona May 28, 2014 at 8:24 am

    IF you look at the whole thing,the picture gets sinister,BUT THOMAS JEFFERSON did warn you,NO STANDING ARMIES,no police gangs,JUST a heavyie armed population,and no matter,even if they invaded THE INVADERS WOULD LOSE,…BUT we became POLITICALLY CORRECT,all the kids are little queers and fagots,and dumber then a box of rocks,HAFT the population is scared to death of guns,even more then they are of the fema death camps,The bottom line here is, the TOTAL LOSS OF EVERYONES FREEDOM,and the childrens future of captivity,by queers and child molesters,all I can do is shake my head……………..

  21. marc steven May 28, 2014 at 8:43 am

    people are blind to this reality! There will be social unrest more and more as the dollar is devalued.
    also many groups of immigrants are striving to det whatever they can out of the american dream scheme only to one day wake when it is all gone into the toilet!!

  22. arizona May 28, 2014 at 8:43 am

    DOES anyone see the rope tightening around everyones neck?ARE you waiting for to hear the latch releasting before you realize your standing on the trap door that causes you to fall to your death?YOUR DEATH IS NOW ON THE “HORIZON”….MAYBE everyone should take it seriously,ALL these russians and chinese will I assure you,messing with other nations has never been a good plan,and JEFFERSON warned you about that to,ALL THE MONEY in the world,won’t do you a bit of good in a prison slave labor camp,I FEAR america has chosen death instead of standing up…………..

  23. Denton May 28, 2014 at 8:58 am

    Excellent article, Dave. Folks need to follow your lead on this. Being to relaxed about where the nation is at and where it is going is going to cause a lot of people to lose a lot of wealth.

    Thanks for the wake-up call.

  24. Dah Pigu May 28, 2014 at 9:30 am


    Great article as usual. Unfortunately, the idea of moving things across several accounts and using checks simply widens the paper trail but does not eliminate it. It might take an analyst 5 minutes rarther than 30 seconds to track these transactins as all checks are now sent electronically to the fed and a simply query will coolate all customer data from multiple FDIC insured institutions in a mater of minutes should the Feds be so inclined. Additionally, banks are required to report cash transactions of $10,000 or more but since the 80’s banks have routinely lowerd this threshold to amounts as low as $3,000 or $2,000 for customers not regularly dealing in cash transactions (retail establishments, etc.) so as to not run afoul of federal regulators. This is a result of the federal government’s “War on Drugs” where only approved vendors (drug dealers) were allowed to funnel drug money through approved institutions to consolidate the drug trade rather than eliminate it. In short, the saving grace for privately purchasing precious metals or other financial insturments (foreign currancies, foreigh stocks, commodities, etc.) may be through the use of gift cards (purchased with cash), money orders, cash (again in small amounts) or even barter. Bit coin was an option but it has been relegated to the junk heap by the banksters and China and is far to ambiguous in it’s origins for me to trust. Having over 20+ years of dealing with the IRS and the Franchise Tax Board as a tax payer with unique challenges and as public accountant for high net worth individuals and large PE and Hedge Funds I can tell you that small regular cash transactions are the only way to keep your money withdrawals personal. Spreading them out over multiple banks is also a good idea but the small cash transaction rule still applies. It’s difficult for a reason: banks don’t like giving up their cash – not your cash, theirs. That said, you can always withdraw all your cash from a bank if you give them enough time and if you have the ability to justify why you need that cash in case the feds or your local state tax board decide that they really need to know what you’re doing with your money. Land of the Free . . . . sort of . Hope that helps.

  25. laura m. May 28, 2014 at 9:32 am

    Mr Hodges: Here is the problem me and friends have as retirees. Now after reading this we are really freaked out. We do own div. paying stocks and bonds, however we have several jumbo CD’s in various banks and credit unions. One lady has 5 mill in CD’s, another one 2.5 mill.in cd’s. We feel extremely trapped and want the money to go to heirs later on when we move to the cemetery. When the CD’s expire later on, what would you suggest we do? The logical thing seems would be to transfer into a money market with checking, and spending down, giving some away to heirs too. Does this make sense? We need safe suggestions. We already have enough preps, etc. and trade cars every few years and zero mortgage debt.

  26. R. Bradshaw May 28, 2014 at 9:49 am

    The entire financial system of the United States can be shut down within a matter of minutes should the right set of events be realized.
    Former national security coordinator Richard Clarke has warned that America’s cyber infrastructure is so fragile that it could literally be brought down by a coordinated cyber attack in a matter of 15 minutes.
    It sounds absurd to suggest that our country could potentially be crippled that quickly, until you realize that China, Russia, and Iran have long been mapping our entire utility, commerce and communications grids, all of which would be the first targets in any large-scale confrontation.
    This article details how this can all be done with just the push of a button – http://the-secret-to-success.org/2013/12/push-of-a-button-this-is-how-fast-they-can-lock-down-the-entire-banking-system/

  27. Daniel H Benson May 28, 2014 at 9:50 am


    Truly the Cyber attack could be a real attack from a real enemy that was allowed to do this. Thus the trigger event ( the cyber attack), will or could be used to blame the financial collapse on one of our “Evil Empires” that wish us doom, like Iran.

    What makes this truly a false flag operation, is that all the banks and all the financial institutions including wall street and all its related institutions have contracted with multiple private companies, to back up every single financial transaction, in real time, at multiple locations, in very hardened and secure facilities. These places are working 24/7/365 to monitor and update their software to combat any and all cyber attacks and they are very good at it. There are layers of fire walls to protect the real data so a threat can be detected and dealt with before it does real damage. Plus these facilities are the state of the art installations that can survive any EMP attack or even an overt physical assault long enough for the police/military to arrive.

    How do I know this, the agency I worked for provided security for one of these facilities, we were given a guided tour and all of this was all clearly explained to us on how it works.

    So when this comes and it will and they say you’ve lost everything, it’s a lie. So when the dollar appears to be decimated and all is lost, one must wonder will they transfer all that stolen data to the central banks like magic to prop up their new Special Drawing Rights (SDRs). All western banks are doing this. This will e really interesting how this plays out.

  28. WeepforUs May 28, 2014 at 9:54 am

    The despicable, evil Soros has his place guaranteed into the all-time Human Being Scum Hall of Fame. He is laughing at us from both sides of his mouth. First he’s doing everything in his power to destroy America from his placement of operatives from within to facilitate his NWO and now secondly he’s overtly trying to fast track martial law here in America by verbally creating a possible “flash false flag” scenario. If the govt shuts down cash withdrawals and the people get angry enough to hit the streets, well there’s your “flash mob” which could lead to “martial law”. Mission accomplished. We know Soros is an enemy of our Constitution and he should be treated as such. He is no different than Al Queda, Obama or any other entity that is hostile to America via our Constitution. I believe that when he sets foot on American soil he should be “detained as an enemy combatant and held indefinitely”. There are no words in the english language that can adequately convey how I feel about this dirt-bag of a human being. Forget the mid-level banker “suicides” as it is the top level of this scum heap that needs to be dealt with. Cut the head off and let’s see if two more will really grow in its place.

  29. Eve Berkson May 28, 2014 at 9:59 am

    Are there any safe banks outside of the country. If so, how does one use them. Is Bitcoin a partial solution. If one receives a check from something such as a real estate transaction, how can one deal with that.

    Thank you so much for what you do. I am from another time and place. I have no money, just a $750. SS check each month. I am 87 and spend my days following events in a state of bewilderment. How did all of this happen. What did we do wrong. Did they time it in such a way that they knew that only the aged and infirm would remember. I feel caged by time. No one listens to the old. When I speak I see the eyes film over with boredom and disinterest. I am saying, put the cool-aid down and run for your lives….actually, I don’t say it anymore. What is coming is coming and I can do nothing. I had my day at bat and struck out. We did not have you and those like you teaching us. So thank you again.

    My God protect you and yours,

  30. nelson May 28, 2014 at 10:00 am

    Let me be absolutely clear on this, YOU DO NOT OWN MONEY, and neither does the US treasury. Its fiat currency printed and distributed by an illegally chartered central bank and has NO INTRINSIC value. Its basically an IOU, and because it isnt backed by anything it has far less value than it did before Nixon took us off the gold standard back in 1971. Economics 101-if the value your nations currency falls dramatically over time, as weve witnessed the US dollar do in losing 95 percent of its purchasing power since the late 1960s, and wages havent kept pace with inflation over the last 30 plus years, then the inevitable outcome is another Weimer republic style surge of hyperinflation. No, its not YOUR money. And you dont want it anyway. The only thing propping up this Potemkin village economy of ours is the Petrodollar. And now that its under threat of extinction, the banks are having a hard time holding on to their cash reserves. Their are more digital dollars in circulation than actual hard currency. Think about it..

  31. rick May 28, 2014 at 10:24 am

    I thought I would expand a little on that last post I made. I often see people saying to buy stuff you can hold but seldom see any examples.

    Real estate is one of course and if you need to cash in 100k or more, you can do it easily in one deal. You will possibly face scrutiny for a large cash deal like that but if its your money in the bank and you write a check for purchase, I don’t see how they could do anything about it. Basically, you get land you can live on or farm or whatever and the seller gets your headache of having a ton of money in the bank he can’t touch.

    What you buy in real estate is a risk too, it’s a myth that property never goes down in price. However, if you’re smart and buy valuable land like farm ground, you’re pretty safe.

    One drawback is you have to pay taxes on that land every year. You can’t spend your life savings on a piece of property that you can’t afford the taxes on.

    I am talking more about the average person who don’t have a quarter million in the bank anyway… What about us?

    First off, pr epare of course. Weapons, ammo, food, water, gear and a plan. A long term plan, like a couple years. Sadly, if you have not done this by now, you may not make it in time anyway.

    Secondly, if you have excess funds, put it into tangible items that are valuable not only now but after a collapse.

    For instance. I am an engineer professionally but I am also a machinist and a capable woodworker. If the world goes to hell, those are two skills I can live on.

    In the last year I have put 50k of commercial woodworking equipment into a shop that nobody knows about (on the books) and another 65k in machining equipment.

    I bought it all a piece at a time, mostly cash from ads, word of mouth, etc. Not one piece of equipment was over 7k and most was no more than 2k.

    I can sell any or all of it right now and get more than I paid. I can sell it ten years from now and get the same or more even because I bought top of the line, quality, American made tools.

    I can use those tools to make a living if I have to.I have a timbermill bandsaw I can make lumber from trees with and in the process of buying 12 acres of woods right now. Next I’m going to buy 30k to 40k of steel and aluminum raw material. All at scrap price or less, all for cash.

    None of this stuff requires a yearly tax burden except the property. Heck, since 90% of it was through craigslist ads and handshake deals, I didn’t even pay sales tax on it.

    Think people! Everyone is good at something, think ahead and prepare! After every collapse is a recovery, set yourself up for that recovery assuming you live through the collapse!

  32. Country Codger May 28, 2014 at 10:26 am

    Great article Dave!
    Also, invest in remote property and build a cabin.
    Buy 4-5 year supply of storable food.
    Invest in firearms and ammunition.
    Upgrade your existing refuge’s energy supply to solar, wind and/or propane. (A 500 gallon gasoline or diesel tank may raise eyebrows in some areas, not farming country, but a 500 gallon propane is easily explained.)
    Buy and HOLD gold and silver.
    Now, any and/or all of these things can be held, traded or bartered as needed in the future WHEN the economy collapses. These purchases are verifiable and documentable and in most rural areas would not even raise an eyebrow. In fact, in some areas of the southwest people would almost consider you a prude.
    Good luck and God bless you and yours.

  33. Seen2013 May 28, 2014 at 10:45 am

    “The best way to avoid getting your money caught in the bank in the midst of a bank run would be to not let the lion’s share of your money ever cross the bank. Do not allow your employer to direct deposit your check to the bank. Keep some cash at home by taking out a large portion of the money you receive from your employer…”

    This links to this:
    “If all of us attempt to take even just a portion out of the bank, the Federal Reserve and their servant, the federal government, will move to stop all cash withdrawals.”

    We’re mainly talking about the remnants of the middle class as the lower class who attain their wages primarily by governmental fiefdoms and partners do not have the option of deferring direct deposits. In fact, employees who refuse direct deposits or simply don’t have a bank account are saddled with a TBTF banking card that incure penalties per transaction.

    Another thing to be aware of even though I forget the official name of it is… I think that it’s ‘Disbursing the Funds’, and it also carries a jail/prison sentence. The law is much like structuring referenced in the article.

    “3. A married couple, Bill and Hillary, sell a vehicle for $12,000 in cash. To evade the CTR reporting requirement, Bill and Hillary structure their transactions using different accounts. Bill deposits $8,000 of that money into his and Hillary’s joint account in the morning. Later that day, Hillary deposits $1,500 into the joint account, then $2,500 into her sister’s account, which is later transferred to Bill and Hillary’s joint account at the same bank. Again, Bill and Hillary should have used multiple banks.”

    Bill and Hillary and also Hillarr’s sister are at risk of being prosecuted for disbursing the funds. I’ll have the study the laws being referenced, but it wouldn’t surprise me if this opens the door to coupling disbursing the funds with structuring as the two are very similar. I am also compelled to point out that the IRS and other agencies within the laws look out for unusual and frequent susipicious deposits and withdrawals. This means that if your employer pays you biweekly, and you suddenly have a deposit on an off week, abnormal deposit/withdrawls, and/or other activities; these activities places a mark in your dossier on top of any additional action determined. I should also point out that such dossier marks hold for up to 5 years or longer if you’re believed to fall under the forfeiture laws.
    Bare in mind, the statute of limitations are presently under attack particularly under political correctness, so those dossiers cannot be underestimated.

    “Open multiple banking accounts ranging from the big five megabanks to your local credit unions. You could withdraw much smaller amounts until the sum total of your accounts is greatly diminished and is in your possession. To open the accounts, simply write a personal check from your home bank. Of course, in these cases, the bank could hold the check for 15-30 days.”

    You’d be better off investing in items of value that you can turn use as or liquidify into cash rapidly.

    “Use checks and case to pay all of your debts.”

    Governmental fiefdoms, partners, developing mergers, and government itself can actually increase the debt load through fees/fines for payments using credit. You’re better off using check or cash. If you have to, you could use a money order, but you really shouldn’t look to credit lines at all on debts.

    “Prepay your taxes and some other obligations with checks. Make sure you only pay safe entities. Your local government is not going to disappear, even in a depression. Therefore, you can prepay property taxes.”

    Bare in mind, muncipalities nationwide are not in the best of health like other debts of government. The tricks the government uses beyond forfeiture and eminent domain also includes the diversity and wildlife, EPA regulations of the region, and also through your energy. To put a fine point on it, if you do not own your home outright and is mortgaged, your energy being shutoff for any reason for extended periods of time enables your residency within the home can be challenged. This enables the bank or police to determine the property to be abandoned and if mortgaged to foreclose upon you.

    “If all of us attempt to take even just a portion out of the bank, the Federal Reserve and their servant, the federal government, will move to stop all cash withdrawals.”

    Relatively speaking, these laws proceeded the Occupy Wall Street TBTF bank withdrawal protest that was predicated upon if enough people leave; they would not be Too Big To Fail. In a manner of speaking, cash withdrawals are already limited through capital controls such as many installing fees on withdrawals and in terms of bank cards every transaction, and this is in addition to the reporting requirements such as those stated in the article that respectively for people who don’t want the government monitoring them either have to diversify their liquidity and investments, or they walk a thread over the abyss of structuring and disbursing the funds.

    Frankly, although I more anticipate this proffer at Activist Post, I wouldn’t surprise me in the slightest people decide to proffer Crypto Currencies since it is paraded as an alternative to the Federal Reserve central banking system, readily exchangeable in other currencies, conducted as a world currencies except places like China, and incurs lower cost with optimium privacy while parading open sourced… Start Researching Local Altnerative Currencies. You’ll find that local altnernative currencies were Crypto’s beta test. From there, you can track it straight to Rothschild’s promotion of local altnernative currencies to their funded think tank as well as others. From there, you can track them to economic arms and forums of the United Nations, and so on. In fact, Rothschild was a member of the peer review board of a local alternative currency using supply of the local currency in determining their value at 0 percent interest, and it was allegedly accepted in multiple parts of the world. I learned about local altneratives during a forum topic debate over precisely if local altnerative currencies were a way to disconnect from the central banking system in 2009.
    Considering, the Rothschilds are one of the banking families who control the central banking system, and these people adamantly desire achieving the objective of a global/world currency embedded in a Cashless Paperless Society under Authoritarian Governance at a global level especially. Yeah, I feel like I’m watching the rise of the back currencies on fast forward. I cannot help but wonder which one is playing the Greenback 2.0.

  34. Beowulf May 28, 2014 at 10:50 am

    When I sold my house I wanted cash. The brokerage company would not give me cash so i had to take it to the bank. Two weeks prior to the closing i went to the bank and told them I wanted $50,000 cash and the balance wire transferred to APMEX. They freaked out. They said they did not have that much cash. When i asked the how much they have they would not tell me. They hemmed and hawed for a bit then said that they would have to order the cash from the Kansas City Federal Reserve. I told them to go for it. They asked me if I was concerned if I got robbed. I told them I carry a gun and that the only ones who know I will have that kind if cash is them and if I got robed they would be prime suspects. They didn’t know what to say. On the closing day I walked into the bank with a large check and proceeded to conduct my transaction. They gave me my cash but i had to sign a CTR to receive it. The whole experience was an eye opener as I found it is easier to deposit cash than to get cash back. Interesting experience and I have not used a bank since.

  35. Sean T. Taeschner, M.Ed. May 28, 2014 at 10:58 am

    There is one simple solution to this entire mess. Put no money in a bank beyond what is needed to pay one’s basic monthly bills.
    Instead, invest in beans, bullets, and bullion. Invest in people, education, and survival gear.

  36. Sean T. Taeschner, M.Ed. May 28, 2014 at 10:59 am

    The banksters cannot TAKE from you what you do not GIVE to them.

  37. Bubba Jones May 28, 2014 at 11:06 am

    Just buy a bunch of 24K gold jewelry then have it melted down.

  38. Patriot Johnny May 28, 2014 at 11:09 am

    Thank You Dave! Another excellent write up!

    I will not repeat what you wrote in the, “What To Do” paragraph. Everything is right there for readers to follow. Perfect instructions.

    What I do? I have few credit union accounts, (I gave up on banks 20 some years ago back in the 1990s) when I get paid from my employer, I put little funds in my saving/checking accounts. I keep the rest of the cash.

    The underground economy: In the early 1990s when I was taking a course in American Government at my local community college, I did a report on the underground economy it earned me a grade A. My instructor kept a copy of it and I made a couple copies of the report to a few students who were very interested in it including my neighbors. I had samples written in there on how to break into the underground economy.

    The lame stream lying media is not reporting today’s underground economy which is booming. Oh, they don’t want to give the sheeple any ideas you know! I will not admit if I have an underground economy business or not but I do know people who are doing it and they’re making out good and they do it covertly.

    Here is some sources all about the underground economy and breaking into it. These books can be purchased on Amazon or even check Paladin Press:

    1. Rangar’s Guide To The Underground Economy by Rangar Benson

    2. Deep Inside The Underground Economy How Millions of Americans are Practicing Free Enterprise in an Unfree Society by Adam Cash

    You may do an Internet search also on the underground economy which there is available sources and instructions. Note: I don’t have that report I did back then on the underground economy, it got lost or stolen, I sure wished I had it! Thanks Dave for posting this!

  39. Frank May 28, 2014 at 12:38 pm

    VERY accurate information! The unfortunate part is that few will listen. They’ll attack the messenger as well as the message. I know as I’ve tried. Very few elect to listen. I hope they enjoy waking up some day to find themselves broke!

  40. RICH99 May 28, 2014 at 1:46 pm

    First off I highly doubt that it will ever come to this but as far as removing g money from.the bank , do it at an atm in maximum increments like mine is $800 a day ….you can get it all out pretty quickly that way

  41. NW Native May 28, 2014 at 2:10 pm

    Excellent article Dave.
    If I might add this advice.
    1. Never deposit cash.
    2. Only withdraw small amounts of cash of less than $900 if needed.
    3. Only keep enough in checking for 3 months household expenses.
    4. For those with large savings accounts transfer 10 to 20 percent every two or three weeks into checking and
    purchase 90% US silver coins at your local coin or bullion shop with personal check. Cash OK for small amounts.
    5. With 1-2 thousand face in US silver coin accumulated, purchase common gold coin or bullion with checks only.
    6. Most coin and bullion dealers will take small amounts of cash but prefer checks for larger conversion
    of paper to metal because they usually pay by check to replenish inventory and prefer to deposit a
    check and not cash.
    As the dollar is discounted around the world and in the not to distance future will lose it’s world reserve currency status, when that happens, almost overnight, the standard of living of the average American will be cut in half. It’s not a question of if, but when. The die is cast. With the American military and it’s NATO puppet rampaging around the world in order to protect the status of the petro-dollar, under the guise of fighting the terrorism of it’s own making, Americans in the near future will find themselves paying double and triple for all the imports that Americans don’t make anymore.
    When that day arrives those who converted their capital assets to precious metals will be much better off. But first it’s food, water, guns and a safe place to live.
    The dollar is defined in the US Code as so many grains of gold and silver at 90 percent fine. Paper currency, credit cards and the check book money in lieu of, that people use today are not dollars. Federal Reserve Notes issued by the US printing office for the Private Federal Reserve Bank are not dollars. These notes, though called dollars are but are warehouse receipts for real dollars of gold and silver coin as per US law. They are not lawful money. Fed notes are legal tender and at one time redeemable for lawful money (gold and silver coin). Americans are left, one might say, holding the bag. They have the warehouse receipts but the warehouse is empty. When the Federal Reserve Act was strapped on the backs of the American people in 1913 by a venal Senate, the greatest financial crime in the history of the world was set in motion.

  42. Warehouse May 28, 2014 at 2:56 pm

    Will there be a recovery after the collapse ? With foreign troops stationed in our country ready to fire on us , plus DHS , and our own military . Is there any real safe place to hide ?. Will the preppers only outlast the unprepared a little bit longer than them? How long would it take for them to round us up with Drones / Thermal imaging / Informants / etc. ? I might be able to defend myself from mobs out to steal my preps . But the military ?

  43. Mr Lance Quinn Elliott May 28, 2014 at 4:58 pm

    I am somewhat dismayed that most people disclose work around solutions without addressing the “proximate cause/remedy”.
    Resigning ground to the bad guys is just poor social manners. If “They” can write laws that are inconsistent with social protections
    embodied in traditions and legal precedence, “They” need to be recognized as criminals. Society is not about I’ll just get mine.
    Everyone should be prepared for all types of disaster, including what is outlined in the series of articles, our captive government
    being part of the disaster. We also must be consistent in voting out criminals, without respect to gender, race, or party, and insist on
    recalls, prosecutions, and impeachments as appropriate.

  44. TTS May 28, 2014 at 5:04 pm

    “If structuring involves more than $100,000 in a twelve month period or is performed while violating another law of the federal government, the penalty is doubled.”

    The law is extra-constitutional, meaning it is NOT a law. I personally would LAUGH at any judge who tried to put me or anyone I care about in prison for potentially 10 years FOR DOING NOTHING ILLEGAL nor IMMORAL.

    To be quite honest, some of the laws (many extra-constitutional) put on the books in the past 14 years are so ridiculous and UNFAIR to the average American, that I would not be a bit surprised start hearing about a lot of bloody backlash. I am surprised we do not hear and see so much more, but we know for a fact that that sort of news is suppressed or ignored by the MSM. Every time.

  45. David May 28, 2014 at 5:24 pm

    Ask Dr Kent Hovind about how they can charge you with structuring, even if you withdraw less than $10000, on 2 occasions, months apart. He is currently serving a 10 year sentence in one of the worst travesties of justice. Check out the case if you don’t believe me

  46. cabinetguy May 28, 2014 at 6:05 pm

    Bill and Hillary have been listening to too many MSM channels instead of following Dave,Steve Doug ,Joe ,’v’ and Gerald. They should have kept their money and purchased food,water barrels,ammunition and some metals.Silly Bill !!

  47. JB May 28, 2014 at 6:47 pm

    1 oz. gold coins/bullion. That and firearms. Or property in another country, if you can manage it. Just a few ideas.

  48. Dar L May 28, 2014 at 6:59 pm

    Last week I wanted to deposit under $300 CASH in my son’s account who lives in another state. It is one of the major banks. The teller gave me a strange look while looking at my cash and said, “We don’t take cash deposits!”. I said, “Why not, it is cash?” Then the super came over and said because of the Patriot Act they could not accept a cash deposit. My response was that the Patriot Act has been around for a long time and I have been doing this up until recently. The super proceeded to tell me that I could write a check or go to Kroger and get a money order because they needed a paper trail.

    I was quite shocked because this was not very much money. This was quite disturbing to say the least.

  49. lori May 28, 2014 at 7:33 pm

    Its all true. Ive worked in finance since 1996 and it keeps getting worse. I got my cash after the bank bail outs in 2008. That was the last straw for me. To sell private stock my buyer had to go to 3 banks to get the cash… Cashing large checks is always a major pain, and yes – if its in their bank its theirs to use as the laws allow. No glass steagle ; no protection whatsoever. Working in the brokerage firms it became apparent they cared nothing about selling their declining assets to cliants. I quit the industry 2002 ….But could have been a mortgage broker. No thanks!

  50. Bill May 28, 2014 at 8:08 pm

    Last year I closed an account at a local bank. The bank was reluctant to pay in cash. After a long conversation with the bank manager an agreement was made and delivery was scheduled for two days later. Because the amount was substantial I was told I needed my own security. I declined. Seven hours after the transaction the local sheriffs station came to my residence,called me out of my home with automatic weapons and shotgun drawn and made an illegal search of my home. Their excuse was the bank had called the station and told dispatch my wife and I acted suspicious and may possibly be the victim of a hostage situation. That was a ruse to search for contraband/drugs During the search no contraband or drugs were found. Unfortunately I didn’t read the article about withdrawing large amounts of money until today. I am a retired deputy sheriff with many years of service. Law suit pending.

  51. Richie10 May 28, 2014 at 8:41 pm

    The best way is to beat them at their own game and open accounts at banks in Iceland, Russia, Hungary, Places that are against this fraudulent banking.and us Americans forget that we have the power. Take your funds out when u want to, listen they can’t arrest us all, maybe some but not all. We can easily beat these bitches at their own game AND Throw them in Jail!!!! WTH PEOPLE! do what Iceland did! I don’t know why everyone is soo afraid of this IRS, which isn’t even a governmental agency but a private corp, So if a private corp can lock you up, why can’t the private citizen lock up the private corp? Or lock up the ones that hide behind the corp?
    Unlike most people, I will not and simply refuse to pay taxes, just because I know that it doesn’t go back to the people but to Vatican and to the Rothschild dynasty. I mean we are taxed on what we spend!! Why would I pay taxes from God given soul force? I mean we’re the only species on this freaking planet that pays taxes!!! For what? Does anyone ever ask that question? . F***k a shitty Government and the shitty mafioso banking cronies who control it. I think that we have to change the law that “the people” should own the banks AND the money we put into them!

  52. […] article is the first of a two part series which is designed to help as many people, as possible, to have as soft of a landing as […]

  53. iwitness02 May 29, 2014 at 4:44 am

    Yesterday when I first read this report I did have a good laugh at the thought of Hillary C. spending 16000. on her arts and crafts business. Almost as funny was thinking about Bill and Hillary selling any vehicle that would only fetch 12000. I can not even begin to imagine Barry S. in a pickup truck. That was some funny stuff right there. Kind of like Harry R. or John Mc. “helping” their neighbors. Or Diane F. going to school to be a gunsmith. Or Nancy P. being the president of the truth and veracity club of America. Dry humor. The imagination begins to run wild. This is fun.

  54. John E May 29, 2014 at 6:17 am

    Beloved, it’s not the Banksters, it’s the god of this world that they worship; Satan.
    Governments have come and gone since the beginning. We have turned our backs on GOD and we will pay a very serious price. If it’s security you’re looking for look here: Matthew 6:33, New International Version (NIV) 33 But seek first his kingdom and his righteousness, and all these things will be given to you as well.
    Matthew 6:19-21 New International Version (NIV)19 “Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. 20 But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. 21 For where your treasure is, there your heart will be also.
    Repent; the end is near!

  55. […] by Dave Hodges, The Common Sense Show: […]

  56. Brian May 29, 2014 at 10:30 am

    Every bit of “money” out there with the exception of token coins in your pocket is bank credit. Bank credit is not issued via the CONgress but by the board of governors of the federal reserve board (see: 12 USC 411). This issuance of circulating credit by the banks masquerading as money is a privilege and is subject to regulation (aka: taxes) by CONgress (See: 75 U.S. 533 (1869)). This is how they control us. The Fed and the income tax are symbiotic. Social Security and the structural banking changes of the 1930’s entrapped us all into this system. The gateway/nexus to this hell is the use of bank credit (federal reserve or other forms).

    Follow the “money”……

  57. Stephen Cody May 29, 2014 at 12:12 pm

    This article seems to be written for the upper middle class,the fastest shrinking class in the US.I have what very little money I make in a Credit Union,and would never use a bank even if you paid me.That’s because the bank would find a way to take that payment and make me owe them more.I feel bad for you folks who are moving down the class chain,but this is what happens when you elect people who are the tools of the financial institutions;both parties included.If we can manage to get rid of the money in our election and government(like limiting lobbying,and their use of “gifts”)we might make some progress and some of you might be able to stay in the income class you’re used to.The rest of you:welcome to being poor,hope you enjoy it as much as we do.

  58. […] The Common Sense Show, byDave […]

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