Sunday, October 16, 2011

The Megabanks are trying to prevent bank runs in the United States

Megabanks around the world are reeling from their customers removing their capital and closing their accounts. People are standing up worldwide in a non-participational form of civil disobedience in order to do anything possible to bring down these corrupt megabanks.

There was an Italian bank run scare in at the beginning of August that really started the gears in motion for the possibilities of future bank runs.

Financial blogs predicted a run on the French banks during the economic turmoil in the EU and Eurozone countries.] Many corporations in France have moved their money out of French banks and into safer short term holdings for the time being.

Similar bank runs in August occurred in the United States, and the megabank Bank Of America had to employ the assistance of the St. Louis SWAT Team to prevent customers from closing their accounts and moving their money to smaller banks.



The bank run issue even hit mainstream media in the United States, covered here by NPR. Since the Occupy protests have started, big banks have been the prime target of disgruntled humans for their corrupt practices of taking peoples homes, robbing the elderly, and funding many illicit activities that normal Americans would face prison time over.

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