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View Full Version : DHS writes to Banks:May inspect safe deposit boxes & seize contents w/ no warrants


proudandrenewed
02-02-2011, 04:25 PM
U.S DEPARTMENT OF HOMELAND SECURITY HAS TOLD BANKS - IN WRITING - IT MAY INSPECT SAFE DEPOSIT BOXES WITHOUT WARRANT AND SIEZE ANY GOLD, SILVER, GUNS OR OTHER VALUABLES IT FINDS INSIDE THOSE BOXES!

According to in-house memos now circulating, the DHS has issued orders to banks across America which announce to them that "under the Patriot Act" the DHS has the absolute right to seize, without any warrant whatsoever, any and all customer bank accounts, to make "periodic and unannounced" visits to any bank to open and inspect the contents of "selected safe deposit boxes."

Further, the DHS "shall, at the discretion of the agent supervising the search, remove, photograph or seize as evidence" any of the following items "bar gold, gold coins, firearms of any kind unless manufactured prior to 1878, documents such as passports or foreign bank account records, pornography or any material that, in the opinion of the agent, shall be deemed of to be of a contraband nature."

DHS memos also state that banks are informed that any bank employee, on any level, that releases "improper" "classified DHS Security information" to any member of the public, to include the customers whose boxes have been clandestinely opened and inspected and "any other party, to include members of the media" and further "that the posting of any such information on the internet will be grounds for the immediate termination of the said employee or employees and their prosecution under the Patriot Act." Safety deposit box holders and depositors are not given advanced notice when failed banks shut their doors.

If people have their emergency money in a safe deposit box or an account in a bank that closes, they will not be allowed into the bank to get it out. They can knock on the door and beg to get in but the sheriff’s department or whoever is handling the closure will simply say “no” because they are just following orders.

Deposit box and account holders are not warned of the hazards of banking when they sign up. It is not until they need to get their cash or valuables out in a hurry that they find themselves in trouble.

Rules governing access to safe deposit boxes and money held in accounts are written into the charter of each bank. The charter is the statement of policy under which the bank is allowed by the government to do business. These rules are subject to change at any time by faceless bureaucrats who are answerable to no one. They can be changed without notice, without the agreement of the people, and against their will. People can complain but no one will care because this is small potatoes compared to the complaints that will be voiced when the executive order that governs national emergencies is enforced.

That order allows the suspension of habeas corpus and all rights guaranteed under the Bill of Rights.

A look at the fine print of the contract signed when a safety deposit box is opened reveals that in essence the signer has given to the bank whatever property he has put into that deposit box. When times are good people will be allowed open access to their safe deposit box and the property that is in it. This also applies to their bank accounts.

But when times get really bad, many may find that the funds they have placed on deposit and the property they thought was secured in the safe deposit box now belong to the bank, not to them. Although this was probably not explained to them when they signed their signature card, this is what they were agreeing to.

During the Great Depression in the early 1930’s people thought that many banks were going to fail. They were afraid they would lose their money so they went in mass to take it out, in what is known as a run on the banks. The government closed the banks to protect them from angry depositors who wanted their money back. Throughout history, governments have acted to protect the interests of banks and the wealthy people who own them, not the interests of depositors or box holders.

In a time of emergency, people will have no recourse if access to their safe deposit box and bank accounts is denied. If they are keeping money in a bank that would be needed in an emergency or in a time when credit is no longer free flowing, they may not be able to get it out of the bank. The emergency may occur at night or on a weekend or holiday when the bank is closed. --snip -- Read more: http://dinarvets.com/forums/index.php?/topic/52464-do-not-use-safety-deposit-boxes/?#ixzz1Cq3ARsG8

And for more interesting breaking news: http://www.rumormillnews.com/cgi-bin/forum.cgi

twindragons11
02-02-2011, 05:03 PM
it will be pretty funny if you buy a safe deposit box, and install a trigger mechanism that will release a poison gas once they open it.


that will show them.........:)

Concerned
02-02-2011, 05:28 PM
I'm not sure I believe this. Too many inaccuracies. For instance, a bank run is not people emptying their safe deposit boxes:


During the Great Depression in the early 1930ís people thought that many banks were going to fail. They were afraid they would lose their money so they went in mass to take it out, in what is known as a run on the banks.


This I can believe, though. It seems to be common knowledge that DHS employees spend a lot of time surfing the internet for pornography. Now they can take hardcopies (I'm not sure why anyone would keep pornography in a safe deposit box)?


Further, the DHS "shall, at the discretion of the agent supervising the search, remove, photograph or seize as evidence" any of the following items "bar gold, gold coins, ..... pornography or any material that, in the opinion of the agent, shall be deemed of to be of a contraband nature."

Chazmo
02-02-2011, 05:32 PM
If this is true it proves my point to my wife. Safe deposit boxes are not Safe.

Look if the banks close because they are afraid of runs, then of course you can't get to your box. Of course that is when you need it the most.

4th amendment violated once again. Who needs that pesky Constitution. Just gets in the way.

jubelet
02-02-2011, 05:40 PM
I just got back from transferring a portion of my stack to the safe deposit box. Grrrr.....

TedNugget
02-02-2011, 06:16 PM
You know that green paint that is used for bank robbers stealing a wad of cash?

Well now .....................

another thought is coating your valuables with caustic substances.
Like paper money.

twindragons11
02-02-2011, 07:28 PM
I knew about this BS law like 3 years ago. I'm surprised most people dont even know about it.

Quagmire420420
02-02-2011, 07:36 PM
I'm not sure I believe this. Too many inaccuracies. For instance, a bank run is not people emptying their safe deposit boxes:

Quote:Originally Posted by proudandrenewed
During the Great Depression in the early 1930’s people thought that many banks were going to fail. They were afraid they would lose their money so they went in mass to take it out, in what is known as a run on the banks.



What you quoted is in fact a bank run. Although I would hasten to add that a mass withdrawal of unsafe deposit boxes is a type of run on the bank, in that the governing principle of loss of confidence in the bank to store tangible assets, remains the same.

Quagmire420420
02-02-2011, 07:38 PM
If this is true it proves my point to my wife. Safe deposit boxes are not Safe.

Look if the banks close because they are afraid of runs, then of course you can't get to your box. Of course that is when you need it the most.

4th amendment violated once again. Who needs that pesky Constitution. Just gets in the way.

Of course they are not safe; they are a government backed concept, and as such the actual nature of the thing in question can be identified by the opposite meaning of its name; like the Patriot Act...ergo safe deposit box = unsafe deposit box.

fledgling
02-02-2011, 07:52 PM
I get my news on youtube, so I knew about that two years ago

I asked the bank lady and she was like "yes, what about it?"

I pretty much just ask people directly and watch their faces.

Julio B
02-02-2011, 07:57 PM
[QUOTE=proudandrenewed;1220237]U.S DEPARTMENT OF HOMELAND SECURITY HAS TOLD BANKS - IN WRITING - IT MAY INSPECT SAFE DEPOSIT BOXES WITHOUT WARRANT AND SIEZE ANY GOLD, SILVER, GUNS OR OTHER VALUABLES IT FINDS INSIDE THOSE BOXES!

Bah! Unsubstantiated rumor (started in January of 2006) nothing more. (1) Contents of SDBs are not part of the bank's balance sheet, and cannot be seized without due process. Even under Comrade Roosevelt, citizens were given notice to turn over their gold and had roughly three weeks: (The Gold Confiscation Of April 5, 1933 -Section 2. All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates now owned by them (2) A bank run consists of withdrawing, en masse, money from deposit accounts only. Bankers have no idea at all of the contents of any SDB

This post amounts to spam

proudandrenewed
02-02-2011, 08:03 PM
So many rights can be demolished by the Patriots Act.
A hair-breath away from a martial rule.

fledgling
02-02-2011, 08:18 PM
If the president deems a national emergency, the banks will be closed and the boxes sealed. (thats my operating assumption)

Chazmo
02-02-2011, 08:26 PM
If the president deems a national emergency, the banks will be closed and the boxes sealed. (thats my operating assumption)

Yeah i'm with you on that... I'm not waiting for the courts to sort it out either.

wgadget
02-02-2011, 10:08 PM
Don't you just love those FDIC commercials that go, "WHERE DO YOU KEEP YOUR MONEY SAFE? Under your MATTRESS, you silly goose?" The ads give me the creeps.

fledgling
02-02-2011, 11:07 PM
"backed by the full faith and credit of the United States. ..." starts to sound just like taking the fifth.

Krank
02-02-2011, 11:12 PM
Kinda makes one want to rent a safety deposit box and fill it with old cheese and meat.

twindragons11
02-02-2011, 11:35 PM
Don't you just love those FDIC commercials that go, "WHERE DO YOU KEEP YOUR MONEY SAFE? Under your MATTRESS, you silly goose?" The ads give me the creeps.

back in 7th grade, my English teacher told me that one of her friends kept all of their money in their car. they actually hid it there instead of the bank or home. since they dont trust the bank..

well, i do agree with them that the banks cant be trusted, but why in the car??????? thats the worst place you can possibly put it...

Zephaniah
02-03-2011, 06:21 AM
Banks routinely take the contents of boxes of unclaimed accounts. The bank may try to contact someone, but after a few lame attempts, takes it upon themselves to remove the contents... which pretty much amounts to legal theft. Here is one such story - of Susanna Stumpf (http://www.greenspun.com/bboard/q-and-a-fetch-msg.tcl?msg_id=001SZi), and 86 year old woman who lost tens of thousands when the bank reclaimed her SDB, after shutting down that service.

"An investigation by the Los Angeles Times indicates that more than $260 million in assets, owned by more than 600,000 Californians, may have dropped into a bureaucratic black hole, made possible by both lax consumer protection laws and unenthusiastic administration of a state fund that's supposed to hold assets in trust for ``lost'' consumers. Although these assets reside with the state and can be borrowed to handle other state expenses, the names of the consumers who own these assets do not always make it into the state's computerized database of property owners.

And while the problem of unnamed accounts may be unique -- or at least exaggerated in California -- the underlying cause is often bank mergers, which are a nationwide issue. The holders of bank accounts and safe-deposit boxes everywhere should take particular care to double-check that all their account information remains correct in the event that their bank is merged with another."

Yield2Greatness
02-03-2011, 11:37 AM
A spade in the ground offers more protection then a SDB, and pays about the same interests.

fledgling
02-03-2011, 11:46 AM
Hopefully people have seen the ABC investigative "not-so-safe boxes"

http://www.youtube.com/watch?v=ZdHLIq0qHhU

Don't even leave any crumbs around for California

DenariiForMe
02-03-2011, 01:34 PM
No source, therefore, BS.

(Not that the government wouldn't do this, they just wouldn't announce it I think, and either way, if they had, the guy would have provided the source)

FriedNietz
02-03-2011, 01:35 PM
Hopefully people have seen the ABC investigative "not-so-safe boxes"

http://www.youtube.com/watch?v=ZdHLIq0qHhU

Don't even leave any crumbs around for California

No kidding. It's really getting insane. This is stuff you hear about happening in various third world countries. Property seizure has gotten to an epidemic right here in the US.

fledgling
02-03-2011, 03:46 PM
In all honesty, how many sources does a person need?
After awhile, you see what they do, and proceed from there.
When I saw the Comptroller of California on that video, all bets were off with entrusting banks and politicians.

Asaro
02-04-2011, 08:40 AM
it will be pretty funny if you buy a safe deposit box, and install a trigger mechanism that will release a poison gas once they open it.


that will show them.........:)

This isn't the first post of yours that made me think...

You have some serious issues.

Prospector
02-04-2011, 09:13 AM
This may or may not be true right now, but it could become true at any moment, without notice. Stories have been popping up for years about banks pilfering valuables from safe deposit boxes. Most owners have no recourse because they can't prove the contents of the SDB.

An SDB is slightly safer than a candy store, but only as long as nobody wants your stuff.

Krank
02-04-2011, 09:28 AM
This isn't the first post of yours that made me think...

You have some serious issues.

We should change the name of the Forum to "Serious Issues" since many of us either discuss them or suffer from them, and in some cases . . . both . . . and those that come here without, usually become infected before very long. jmo

Asaro
02-04-2011, 10:01 AM
I agree, and admit to having issues of my own :p

But when I see someone show a pattern of taking pleasure in the harm and/or death of others it bumps it up the scale of disturbing a notch or two.

Hang Time
02-04-2011, 02:08 PM
I am surprised that storage facilities have not gotten into a system that would provide a secure box for small valuable items. Seems like a natural to me. I don't think insurance would be a particular problem and there is always someone on the premises. A dual lock system would provide as much protection as a bank and of course it would need some very thick walls, but I think it could be profitable.:cool:

Bag of Guns
02-04-2011, 09:48 PM
I agree, and admit to having issues of my own :p

But when I see someone show a pattern of taking pleasure in the harm and/or death of others it bumps it up the scale of disturbing a notch or two.

his avatar is the joker, was there ever any doubt?

I like the old meat and cheese idea tho