Crime Potential?Cash VS Crash and What are ya gonna do about it?

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

With all of the basic knowedge and advisories floating around the 'net these days, I am astounded by the utter lack of awareness of the 'crime potential' of the Y2K issue. The banks have been playing the "Keep your money with us! It's safer this way! Don't have large amounts of cash on hand...ectectect..." with us since the start of the Y2K awarness 'show'. Now whether or not it is a sincere plea to insure your personal safety, or a desperate attempt to frighten people into leaving the cash in an already 'in-danger' economy I can't really say, (my own opinion is they fear a run.) But by playing on the fears of the "mugger in the dark" and visions of armed felons breaking and entering the wealthy 'haves' homes on the eve of the new millenium, it just seems a tad innapropriate to me that the -BANKING- industry seems to be the only ones concerned w/JQP. I recall watching an evening news show about inmates being interviewed on Y2K, and if memory serves me, one of the inmates whos release date falls before Dec 31 was practically salivating at the thoughts of all potential 'jobs' he could pull. Public safety should be more focused than it has been. My Grandmother, at 90 this year, is planning on having her cash on hand at the end of the year. She already keeps far too much cash around the house for my liking, but as a product of the 1st Depression, I'd have better luck talking to the wall than to talk her into securing her cash better. People need to be more aware of these issues, especially with the "fiercely independant" older citizens. My Gran'ma is old as hell, tough as leather, but I know she doesn't stand a chance in hell standing up against a younger meaner punk w/ a gun or knife. People need to try and remember the older concepts of community, honor and family. Be aware of those around you and -try- to assist as much as you can...

-- Billy-Boy (Rakkasn@Yahoo.com), September 04, 1999

Answers

An armed society is a polite society...

Take care grandma is near you at the rollover....

Best of luck.

-- helium (heliumavid@yahoo.com), September 04, 1999.


DIVERSIFY.

-- Bill P (porterwn@one.net), September 04, 1999.

This---"keep your money with us-SAFE-in OUR banks-and ignore the POTENTIAL--"that is ((((POTENTIAL)))) as in (((PROBABLE,POSSIBLE,etc)))) bank runs, is the biggest Condescending con game going today.

Hey rocky---I know we DGI but we just got out of jail and my crystal ball tells me this community has Cash stored for y2k somewhere in their homes, let's go find it.

(no offense to anyone named rocky on the forum)

Moral of story-- if criminal types are GIs---then the majority of DGI society should give them the money for their astute,empirical minds that know who has cash stored for rollover and also their adeptness at technically current affairs.

With this currency taken from DGI's they could use it to prepare and create a new society (natural law) much like Australian society circa, 17th century.

-- David Butts (dciinc@aol.com), September 04, 1999.


Why would the banks be diverting attention onto Robbers taking your cash.

And not on the more serious problem of cyber-terrosism or much more possible -disgruntled mainframe programmers- that now have an opportunity to get back for those Service charges!?

-- David Butts (dciinc@aol.com), September 04, 1999.


I agree with helium. Keep your elderly loved ones near you. A popular M.O. (In L.A. at least) in preying on the elderly is as follows: Knock on grannies door. Granny opens the door just a crack. Smack granny with a stick or punch her in the mouth. Get inside and take your own sweet time cleaning the place out. Some times they rape granny. They have been doing this since I was a kid cop in the 60's. They were worse in the early 90's when I retired. I can't imagine the "anal orfices" are any nicer now or will improve as we approach the roll over. This would happen for just a few dollars.

Bill in South Carolina

-- Bill Solorzano (notaclue@webtv.net), September 04, 1999.



Helium and those that agree with helium:

"an armed society is a**polite**society"??????????

Are you living in the same country I live in??

Do you always quote untruths?? as if they are principles?

Serious questions, not trying to insult!!

-- D.B. (dciinc@aol.com), September 04, 1999.


Hey Dave...Were you this pleasant from birth? My point isn't that banks distributing information for felons for their benifit, it that the banks are the only ones ATTEMPTING to raise the awareness of the POTENTIAL for the danger of having cash on hand. Dig you head outta your fourth point of contact my friend...

-- Billy-Boy (Rakkasn@yahoo.com), September 04, 1999.

Billy Bob,

C'mon my friend-- you must have thicker skin then that!!

"get my head out of What"!!

I was not born with my polite behaviour, I was raised in this**polite** society.

In all seriousness--my friend-- I can call you my friend Can'nt I??

I have grown weary in my old age of supposed Truth espoused not having much foundation to support them!

I profoundly and profusely apologize for affecting your sensitivities!!

-- David Butts (dciinc@aol.com), September 04, 1999.


The idea that people are going to be plagued by robbers if they stash their cash at home is an absurd fable promulgated by the banking industry that is terrified that we will catch on to the highly profitable scam they've been running for the past several hundred years. Y2K makes your money far safer at home than in the bank or the stock market or some other digital black hole.

If you are careful to make sure no one knows you have any cash, unless you live in a mansion, there's no particular reason for a criminal to be attracted to your house. Keep a low profile, hide it well and you'll be fine. On the other hand you could leave it in the bank and run the strong risk of losing every penny in 2000.

-- cody varian (cody@y2ksurvive.com), September 04, 1999.


To show you how sorry I am at misinterpeting your original thread, I will post another thread--knowing that sometimes the basis for people responding to a thread is the size of the tab when one clicks on.

Also, I think your second response. The one done out of anger was much more succinct and to the point.

I got it and agree with you--it is a thought that has not been discussed here that I've seen!!

-- David Butts (dciinc@aol.com), September 04, 1999.



just take yer bleedin money out of the bank and don't listen to the paid shills...

very simple

-- andy (2000EOD@prodigy.net), September 04, 1999.


humm, everybody grabs their money from the bank, bank system fails... fiat money with no banks = toilet paper. Toilet paper does have value, but I can buy a lot of rolls for a few bucks... hate to have several hundred thousand dollars of fiat ass-wipe, forget the low brows dumb enough to break into my home :)

-- c (c@c.com), September 04, 1999.

So go the extra step and convert the paper to gold.

-- Chris (%$^&^@pond.com), September 04, 1999.

c,

... fiat money with no banks = toilet paper.

Electronic promises to pay won't even wipe your ass. ;)

-- Uncle Dedah (unkeed@yahoo.com), September 04, 1999.


The "fiat" aspect of money usually is significant only while a currency is competing with other currencies that are more readily accepted than the "fiat" currency.

The US dollar in the form of federal reserve notes has no substantial competing currency within the USA. Indeed, it is a preferred currency in various parts of the world in which it does not have legal tender status.

It's only significant competition within the USA is not some other currency, but checks and credit cards. If the banks tank, federal reserve notes will have no significant competition whatever within the USA and would be likely to appreciate in value, not depreciate in value.

In time, some other currency may evolve, but that process, if it were to occur at all, would take a considerable period of time.

Jerry

-- Jerry B (skeptic76@erols.com), September 04, 1999.



I shouldn't be writing these posts this time of night! :-)

Actually, if the banks tank, the economy would probably be so disrupted that the supply of goods would shrink to such an extent that all currencies would greatly depreciate in value.

Jerry

-- Jerry B (skeptic76@erols.com), September 05, 1999.


I don't know about you guys, but the very first time I heard "Don't take you money out, it's perfectly safe in the banks. They would never screw it up. Oh, and by the way, make extra copies of all your bank records", well that about sealed it for me.

But then I'm a selfish old fart. BTW, at Sam's last night I noticed that they were carrying FOUR models of small safes now.

-- Lon Frank (lgal@exp.net), September 05, 1999.


So Jerry, what are you trying to say? That you can't eat gold or paper?

If so, my stockpile is my currency. I'll trade ya some coffee for another glass of wine...

-- Chris (%$^&^@pond.com), September 05, 1999.


Let's face it. Some people would be better off leaving their money in a bank where there might be a problem rather than take it out where there is an increased risk

For example, say that you were someone who was never able able to hide well while playing 'hide and seek' as a kid. And say that, even to this day, you're terrible at keeping a secret. Or say, the apartment building where you live has been burglarized 34 times this year alone. Or that your tendency to 'place all your eggs in one basket' has caused you problems in the past. Or that you always believe everything that everyone tells you.

These sorts of risk factors favor the bank...

-- Arnie Rimmer (Arnie_Rimmer@usa.net), September 05, 1999.


Um...Arnie...where do these people live? I've never encounter any such idiots on this forum...

-- Chris (%$^&^@pond.com), September 05, 1999.

Wait...I clicked on the "submit" button too quickly...Jerry's been filling my glass too often.

First it should say "encountered".

Then I should admit that I have encountered such people here, like Paul Davis and the like. But they're not real people.

-- Chris (%$^&^@pond.com), September 05, 1999.


Chris,

c'mon,---arnie missed the most IMpotent point of all.

Those pesky neighbors with their telescopes, looking in on our homes!

-- Dave Butts (dciinc@aol.com), September 05, 1999.


Billy-Boy,

A large percentage of GI's are well armed. Anyone who thinks they're going have a future breaking into the homes of well armed people is automatically qualified for the "Darwin Award".

-TECH32-

-- TECH32 (TECH32@NOMAIL.COM), September 05, 1999.


Billy-Boy et alia:

I will NOT make any run on my bank later this year because, well, I did it at the beginning of this year.

Since then I have used the limited funds for preparations.

The truly awkward question I've been asked is:

WILL YOU BE TAKING MONEY OUT OF YOUR BANK?

I never directly answered this question and its variants because I felt the DGIs have no business knowing, and I don't want these idiots to get any ideas about visiting me later WTSHTF.

They still have their funds in the banks, and I'm not going to tell them what to do. They don't listen to me anyway.

Now when DGIs ask me about bank withdrawals, I tell them I won't have anything substantial to withdraw because I live from paycheck to paycheck.

And that's the truth.

-- Randolph (dinosaur@williams-net.com), September 05, 1999.


It seems to me that people who are slowly stashing something away are not the enemy of the people or the banks. Problems may be caused by the clueless making a last minute grab for all the reserves. In any event, the way things are being portrayed, it is almost like it's your civic duty to leave it there. Well sorry, but it IS my money. If the banks had made a concerted effort over the years to protect it, this would not be an issue. Read the fine print all you like, and you will find only disclaimers. We know the actual ratio of what the FDIC will cover. It's a no brainer. I'll do what I like.

-- Gia (laureltree7@hotmail.com), September 05, 1999.

Well said, Gia.

I've never trusted bankers, and I detest their arrogant attitudes and mannerisms when someone (like me) enters not as stylishly dressed and coiffed.

I'm debating if I should confront the tellers directly and ask them:

ARE YOU PREPARED FOR THE UPCOMING BANK RUNS?

Think I should ask them? I would like to hear their responses, but they might get angry with me.

It's kinda like yelling "FIRE" in a theatre, yes?

-- Randolph (dinosaur@williams-net.com), September 05, 1999.


Randolph- Or yelling "MONICA" in the White House! :)

-- Gia (laureltree7@hotmail.com), September 05, 1999.

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