25 Comments

  1. Hullo Catherine — We recently moved out of Charles Schwab (and many Vanguard funds) and transferred our IRA to a local private community bank that has been around since 1904, survived the Great Depression and 1928 stock market collapse. Very conservative. We live in Idaho now (fled from CA). Frankly I just wanted a safe place to put the money (its not much) without worrying about returns (practically non existent). Now with the banking crisis, and the Fed guaranteeing unsecured debt above $250K but only at the failed banks, thereby encouraging large depositors to move their funds to the “too big to fail banks” – where does that leave us? We also have stashed some funds in various places outside the banking system – for emergencies.

    However, we see cash being destroyed in Nigeria and ATM’s empty. Mass rioting as well (good for them – I hope they are successful but I doubt it).

    It will be easy for the Fed to back door us and one day (soon probably), hey presto, cash will not be legal tender. Social security and all government programs, will become CBDC overnight.

    We followed advice that possibly turns out to be unwise. And frankly, we are a bit concerned about the levity surrounding all the criminality. While I understand you and John aren’t clairvoyant, I do think a little less joking around during this crisis that will affect us, the proletariat, who don’t have as many assets as you guys.

    1. Our net worth is not the basis of our levity. Our levity reflects the fact that have been seriously steamrolled by the system and relieved of all our assets in the process, We have learned to laugh instead of go to fear. We are all dealing with significant and life threatening risk. At the same time, it is what my pastor once said, “The devil can steal my house, he can steal my car, but he can not steal my joy.” There are plenty of good places to invest your savings – but all of them have risk. And if there is no law, then nothing is safe.

  2. I continue to be very impressed with Gov. DeSantis’ grasp of the most important issues facing America now! And his solutions make so much sense! The CBDC issue is one of the most important one if we want to continue having freedom and sovereignty.

    1. I continue to get complaints that the headlines are great but if you read the detail in actual bills it is much more tyrannical than you think. I am quite glad he did this on CBDC – will be hero of the week next week. But still going to watch closely.

      1. Where can you get a copy of the actual bill passed on CBDCs? Isn’t this what every state needs to stop “Big Brother”? or Mr. Global?

  3. May he continue to show courage and shine light on the anti-human forces.

  4. Catherine,

    I don’t think that people understand the implementation of a federal digital currency. All the propaganda is to confuse the population unfortunately.
    But, I am glad you have been discussing CBDC in this platform.

    The Fed Reserve will at some point –absorb the liabilities of all banks deposits (from individuals and businesses) — to make us believe that “it will be the solution” to “insolvency in the banking system” instead of saying they will implement a CBDC – since people are so concern about it. But, once they absorb the deposits, they will make all business to share the “detail information of all we buy and how we transact.” Basically, they are creating “fear” to make us accept a new fed reserve backed digital system via the new reset. If we accept that, just like we did with the pandemic mandates – it is the beginning of losing freedoms of mobilization.

    Now, during the pandemic, they forced vaccination via “giving free money” (credit card gifts, etc) as incentives. I experienced that at the higher education level, sadly to say. For me, it didn’t seem appropriate “to bribe students” to get a jab. In this case, as people suffer with inflation and lack of money and credit, the Fed Res will give away free digital stimulus $$$ to businesses and individuals for them to get on the new ‘safer’ digital system. They have 2023-24 to finalize it as new elections “might postpone” farther this implementation and people will begin to know more.
    Like you said Catherine, this is coming up so fast that people will not be able to assimilate it fully by June-July, not even politicians. Education has been lacking indeed.

    Please, —-watch this video, I think he does a good job explaining:
    >>>> https://www.youtube.com/watch?v=8LdeeObdwTg&t=114s

  5. Gov. Ron DeSantis just makes so much sense. He brings clarity to often confusing issues, including CBDCs, in this case. I know some people way smarter than me are skeptical, but I live in the capital city of Florida (historically D-dominated) and this guy has to fight for everything he gets. His approach of talking to the frontline (healthcare workers, entrepreneurs, kids) as well as the “leaders” of industry or science make his reasoning more sound. And the guy rarely uses notes! He speaks from the gut and doesn’t back down, even with the media. Maybe I’m crazy, but I agree with the dentist’s Dad, “Where’s this guy been?”

  6. Thank you for providing the template letter to use with banks. Having received an email today from my bank offering a mortgage loan(you’ve got to be kidding!!!) I selected several appropriate parts of the template and crafted a response to their email.
    Hopefully spreading a small bit of awareness to a regional bank in the “great vacuum,” or what you call “inside the plate.”
    The ease of plagiarizing motivated me to take action.

Comments are closed.