From Francis W. Porretus over at Liberty’s Torch

https://www.libertystorch.info/

Excerpt from the article: The Unfeathered Kind.

If you wish to be free, wealthy, and at peace,
Oppose the State by every practical means.

     The practical means of our time, when the eyes, ears, and enforcers of our 88,000 governments are everywhere, are subterfuge and defiance. Each of those things reinforces the other.

     Deny governments your personal information when possible.
     Eschew government handouts and other offers of assistance.
     Don’t solicit government attention to anything you do.
     Know whom you can trust with your life and liberty.
     Don’t bestow your loyalty on the undeserving.
     Don’t be seduced by appeals to patriotism.

     Remember what they really want:

    Where the State begins, individual liberty ceases, and vice versa. – Mikhail Bakunin

     Force always attracts men of low morality. – Albert Einstein

     Government is not the doctor. It is the disease. – H. S. Ferns

     The possession of power over others is inherently destructive both to the possessor of power and to those over whom it is exercised. – George Herron

     Government of man by man in every form is oppression. – Pierre-Joseph Proudhon

     All government, of course, is against liberty. – H. L. Mencken

     We no longer believe that it is just for one man to govern men, but we have yet to outgrow the absurd belief that it is just for two men to govern one man. – Charles T. Sprading

     Government is an association of men who do violence to the rest of us. – Leo Tolstoy

Head over and read it. Hope is not what we need or can use, pure blind vengeance and reckoning are what’s going to carry the day. Whose master are you going to pick?

Police State.

Choose wisely grumpy old friends whom you are going to serve, whom you are going to resist, whom you are not complying and who you will destroy.

Is the Money in Your Checking Account Yours or the Bank’s?

By Jonathan Newman

Mises.org

October 2, 2023

https://www.lewrockwell.com/

Excerpt from article, I encourage you to read it.

“When Silicon Valley Bank and other banks failed earlier this year, the debate over the sustainability of fractional reserve banking resurfaced. Under fractional reserve banking, banks keep only a fraction of customers’ deposits in reserve. The difference is bank credit, such as government debt, mortgages, business loans, and many other kinds of loans. This practice leaves the bank open to a run, in which panicky depositors attempt to withdraw their funds from the bank en masse but the bank doesn’t have the cash on hand. The following FRED graph gives an idea of the extent of the mismatch between deposits and reserves.”

“With such an agreement, “fractional reserve free banking” proponents say, depositors would know that they are effectively creditors to the bank and that the bank is therefore a debtor to them. This means that the deposits are technically and legally owned by the bank and that what the depositor has is technically and legally a callable loan to the bank. Clear agreements would mean that depositors understand that there is a chance that they won’t be able to get their money (actually, the bank’s money, in this view) immediately in the event of a bank failure. Of course, central banking and government-backed deposit insurance diminish customers’ expectation of bank responsibility—how much should banks be expected to disclose about the deposit relationship if most of their customers’ deposits are guaranteed by the government anyway?

In line with other fractional reserve free banking proponents, George Selgin argues that modern depositor agreements—the dense legalese most people skip—already establish this transparency.”

Take heed and consider this if you have large account balances in a bank. This was planned long before we were most born and just a way in leaner and tumultuous times for those in charge, bankers to transfer that wealth to them. There are several ways to bypass this taking, as low a balance. pulling cash out and leave enough to pay by check your mortgage/rent, utilities and credit. There are other strategies and methods. Find one that works for you and not allow your wealth to disappear.

H/T and pilfered from LL over at Virtualmirage.org