Friday, December 20, 2019

Capital One Down : Deposit Problems, Glitches, Network Errors -- Bank at Your Own Risk !!









All over America, Direct Deposit Problems Caused By Glitch At the Fed, as Vital Fed Payment system experiences the second delay of 2019. People could not get their paychecks for Christmas, direct deposits failing to clear, and transfer of money not completing. The FedACH Services application began experiencing disruption on December 18 at 3:30 p.m." on Wednesday. Starting around 7 am, there was a surge of outages reported at Capital One. And so it begins. Lately, on a Friday, a few banks all over America have had problems, with customers unable to access their accounts. Bank of America, Capital One, and Fifth Third bank. And now, today, Capital One has issues with direct deposits posting, and some also mentioned Chime(an online bank). Coincidence? Banks using deposits as collateral to cover a derivative coming due to roll it over? Remember, all the banks are the counterparty to one another. "What's in your wallet?" Well, in Capital One's case absolutely nothing. Capital One Later tweeted saying: The Federal Reserve is experiencing network issues causing certain transactions to be delayed. We're monitoring the situation closely in partnership with the Fed. As soon as they've resolved the issue, we'll work to make sure all transactions are posted as quickly as possible. So the FED can shut down the money or claim a hack or other excuse to cut Americans off from payments. Maybe they are illiquid and trying to meet some capital requirements for a particular deal. So they are accumulating collateral by freezing accounts payable. Or maybe they're just practicing for the upcoming event. Most of the Americans live payday-to-payday. How best to prevent a bank When you can leave the citizens with a bank account balance. First, come to the network issues, then come the BAIL IN's. A sort of TCP/IP 21st century version of a "bank holiday"! And just in time for "Christmas! Welcome to The Atlantis Report. Direct Deposits Across America Hang After Fed's ACH Payment System Suffers Major Disruption. Deposit problems, technical issues, network errors, and many other names are given to the fact that a bank is not able to hand out the money to their customers. These all are fairy tales! It seems that most, if not all, banks are bankrupt and waiting for more trillions of taxpayer money. First time in history, the banks will have the power to take a percentage of your deposit as you are a creditor. Something big is coming. Time to start a BANK RUN! The Fed is testing its capability of preventing people from withdrawing money as a test runs for when there is a financial crisis. The member banks of the Fed are the Fed. So they're blaming themselves. Is this a new way for the FED to generate GDP for the end of the year via fees? All I want to know is when the Fed decides to pull the plug. If you have cash in the bank, it might be a good idea to hit the ATM. Money in your account is not your money. It's just a claim against the bank on the money they don't have because they run fractional reserve. People are having problems with financial transactions direct deposit, causing bounced checks non-payment, especially with Capital One. But also with other banks as well. Anyways it turns out; the Federal Reserve has some problems technical difficulties according to the Federal Reserve and, in a statement, said the Fed ACH service, which processes transactions for commercial banks, is currently operating normally after experiencing delays and processing yesterday afternoon. With reports of direct deposits failing to clear still ongoing, Bloomberg reported that the Federal Reserve was investigating "the second significant disruption in 2019 of a payments service administered by the U.S. central bank. Bloomberg News sought additional information about the outage under the Freedom of Information Act. Still, the request and subsequent appeal were denied by the Board of Governors, which is the Board of Governors of the Federal Reserve. Of course, so apparently they do not have to answer to anything under the Freedom of Information Act; we don't have to tell you anything, we are the Federal Reserve, we run the country, we run the world. Speculation that this is just a test of how the Fed plans to conduct Universal Basic Income by making direct deposits into each American's bank account remains just that. Or maybe your paycheque is just taking a scenic tour through the S&P on it's way to your bank account. Just be patient. This calls for a good old fashioned BANK RUN! LOTS of people are told that the system is going to work, and now most jobs force you into it. So you expect it to work and design your life around it, 'because it's so easy.' Yeah boy. They have the majority of people with this scheme, but we like our money NOW! Wait until it's no longer a 'glitch,' and it's just all broken down. Oh my. The Banks on Wall Street are not safe; they've got so much exposure in derivatives and who knows what else they're in danger of going down and taking depositors with them. Remember that as a depositor in a bank under the law, you are an unsecured creditor. What most people don't realize is that once you give a bank your money, the money is legally not any more yours. Under the law, depositors are considered unsecured creditors to the bank. And are treated as such under any bankruptcy proceeding. This type of loss happened with the collapse of MF Global. And while MF Global was a futures trading company and not a bank, the blueprint for confiscations was delivered here; the losses of customer funds were upheld by the legal system. Another important fact is that these speculative derivatives have super-priority status in a bankruptcy proceeding, which means that any derivative contract holder gets paid first before shareholders creditors and depositors like you. People think that money is safe in the big banks because; and that the FDIC will protect the deposits. This presumption is not based on the facts. There are official government documents that describe the plans for confiscating deposits when not if a big bank fails. Individuals, together with public funds from municipal, university, county deposits, are at serious risk. Rest assured that your taxpayer money will disappear in the next crisis. Public officials in charge of taxpayer funds need to be aware of the dangers here. The loss of taxpayer funds and the inability to meet payrolls and obligations will certainly prompt a response that will both immediate and forceful. That's right. Remember, if it's in the bank, it's NOT your money - it's THEIRS. Just imagine yourself in one of these scenarios. You go shopping, and your credit card transaction is denied despite the fact you know you have money in your account. Or you go to an ATM machine, and you are informed that your withdrawal request has been denied. Or you're a public official such as a School Business Administrator, County Treasurer, Municipal Finance Manager, Pensions Fund Administrator, or anyone that has responsibility for protecting public taxpayer funds. You're informed that all accounts have been frozen until further notice. As you investigate why you can't access the money you know should be available; you find out that the bank has failed, and has been closed till further notice by the FDIC. You also discover that the Government will be confiscating part of your deposits in order to stabilize the bank. You believe that this can't happen because the FDIC protects your money. You may have placed your money in the bank because it has large vaults and is protected by the Government. You may have put your money into a bank because they collateralize, and the Government will back them; therefore, you think these funds are safe. All of these assumptions are false. Maybe you remember that in Cyprus, depositor's money was confiscated in order to stabilize the banks. Similar plans are already in place to do the same in the United States and other countries. In a nutshell, the banks in Cyprus were over-leveraged to the point that their liabilities exceeded their gross domestic product. Because the global bailouts of the banks in 2008 were so politically unpopular, a multinational investment banking and asset management firm, also known as a global banking troika that consisted of the International Monetary Fund, The European Central Bank, and the European Union. Imposed a bail-in program, in which bank customers will have some of their savings taken in order to stabilize the banks. The losses to some clients in Cyprus were as high as 60%. In order to protect themselves, the Cyprus Government closed the banks for 12 days, and people had limited access to their money. A long line formed at the ATM machines. The large global and Wall Street Banks, are the ones at the most risk because they've been gambling with depositor money on risky derivative bets, and other speculative investments devise, which means that when not if these bets start going bad, the banks will be on the hook for these deficient values. This is your moment, a time to step up to the plate, look around at the environment and the financial players pitted against you, and to act prudently in the interest of your community. The era of blind trust in the institutions of global finance is over. There is now a critical choice to be made. Either leave your money in the hands of proven gamblers with the promise it will be confiscated when more bad deals go down or get your money out of the financial circuits and invest in tangible assets. At the very least you should pull your money out of your bank before it's too late! If you don't hold it, you don't own it. Let me be clear here . Every printed dollar and every central bank and every electronic credit transfer posing as money is causing massive starvation, homelessness, wars, and devaluation of wages. Not ONE part of it is good for civilization; Ever. It's a trick. The SOLE purpose of it is to STEAL by BEING a central bank. ALL OTHERS are robbed; All others. YOU are being robbed. People should understand why it's important to hold physical assets because if all transactions were to go digital, it would give the banks/government unfettered control, giving them the power to take away everything you have in an instant and for any reason - an absolute dictatorship. Look at what happened to Venezuela's gold, which the Bank of England refused to return, i.e., outright stole. Do not leave your money in the hands of proven gamblers with a promise that it will be confiscated when more bad deals go down. If you don't hold it, you don't own it. Did anyone get noteworthy deposits on the ANY bank account? Time to start a BANK RUN !!! I used to think a three-day closure of banking and/or grocery stores would result in mayhem. I have decided to revise that number down to around 3 hours. People only seem to plan for the next 5 minutes. Best be getting that cash on hand, folks. The Reset is closer than you want to imagine. The repo fiasco can't be fixed. "What's in your wallet?" A bunch of 1s and 0s in a dead bank. This was The Atlantis Report. Please Like. Share. And Subscribe. Thank You.









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“Control oil and you control nations; control food and you control the people.” Henry Kissinger


once a standing army is established, in any country, the people lose their liberty.”
George Mason

“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
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“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger

"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin

The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin

Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?

PHILIP ZIMMERMAN, DER SPIEGEL

“Some call it Communism, I call it Judaism.”

Rabbi Stephen Weiss

“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941

Taxing People is Punishing Success
UNKNOWN

There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki

The Tax you pay is The Bill for Staying Stupid

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“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus

The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros

"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.

This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.

By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."

USA Banker's Magazine, August 25 1924


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UNKNOWN

Taxation is legalized Theft
UNKNOWN

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Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....

Bob Dylan


"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich


There is NO political answer to a spiritual problem!
Steve Quayle


Po
litical Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon

The modern definition of racist is someone who is winning an argument with a liberal
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When People lose everything and have nothing left to lose , They Lose It !

GERALD CELENTE

Your Greatest Teacher is Your Last Mistake
DAVID ICKE

The one who Controls the Education System , Controls Perception
UNKNOWN

"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."

Albert Einstein

In The Left Nothing is Right & in The Right nothing is Left
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No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
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Freedom is not Free
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Don't Steal The Government Hates The Competition

Ron Paul

"Buy The Rumor , Sell The Fact " Peter Schiff


You can love your Country and not your Government

Jesse Ventura


" The Government Works for ME , I do not answer to them They Answer to ME "
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"Tyranny will Come to Your Door in a Uniform "
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"The Government is not The Solution to our Problems , The Government is The Problem "

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"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato


The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo

"The people should not fear the government for it is the government who should fear the people" UNKNOWN

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"They don't control us , We empower them " UNKNOWN

"Serial Killers do on a Small Scale What Governments do on a large one..."

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There is a Class War going on in America, & unfortunately, my class is winning." Warren Buffet

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"College is a waste of Money"
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Schools manufacture people who think that they're smart but they're not.
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Education is what you learn after you leave School
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" ‏Schools were designed to create employees for the big corporations."
Robert Kiyosaki


"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson

Dissent is the highest form of patriotism
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"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way

"Aspire not to have More but to be More "
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The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
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"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford

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If you expect the government to solve your problems, you have a problem. Robert Kiyosaki

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Be The Change you want to see in The World
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“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb

"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN