Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $69,653
85%  
Woo hoo!! And we're now over 85%!! Thank you all very much!! God bless.

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  • Many Predict US Financial Collapse in September

    07/27/2009 11:36:55 PM PDT · by FARS · 169 replies · 7,617+ views
    Various Sources ^ | 07/27/09 | Several Sources
    US State Dept has advised embassies worldwide to stock up on a year's worth of the local currency in anticipation of collapse of the US dollar. Look for a temporary banking shutdown timed for around September 2009. As under Roosevelt, some banks won't reopen. 96% of bank reserves are currently held with the Federal Reserve who tells the banks not to loan the money, but rather to save it for further banking acquisition and consolidation. Chapman foresees a bank holiday lasting 4-5 days. Chapman thinks this first bank holiday presages a much more significant bank holiday months to years later...