From Occupy to Withdraw: The Simple Plan to Let Wall Street Be Its Own Undoing

The Simple Plan to Let Wall Street be its Own Undoing

10/4 UPDATE AT BOTTOM

The problem with all parasites is that the more adept they become in leeching the lifeblood out of their unwitting hosts, the sooner they speed their own demise as well.  Such it has happened with the US–indeed the entire world’s–banking system.  The parasitic system of central, fractional reserve banking has been steadily sucking out the wealth of the People for around a century, but as the People are now hitting the inevitable end stages of bankruptcy and desolation, the six “mega-banks” (i.e., those of “too big to fail” infamy) find themselves in an increasingly precarious position.  With their hosts nearly sucked dry, and the massive TARP bailouts fresh in the mind of a disgruntled populace, the big question remains: will the People at long last swat off these engorged blood-suckers, or will they silently acquiesce and allow the Banksters to make off with what little wealth they have left?

The “Occupy Wall Street” protests going on in the financial districts of not only New York City, but also in multiple cities across the Union, seem to suggest that perhaps the public has finally begun to tire of being ground up inside the Wall Street machinery.  In itself, this is a positive sign: people from across the political spectrum have come together via their common recognition that any sector with this much power becomes a menace to a free, republican form of government, as bought-and-paid-for politicians service their corporate patrons, not their popular constituents.

Veterans, White Collar, Blue Collar: #Occupy is Drawing from Across the Spectrum

While these protests are growing and raising awareness of this critical matter, Establishment media are working as fast as possible to use the protests to divide the People against themselves.  Geraldo Rivera was quick to brand the entire #OccupyWallStreet movement (as it is known in Twitter parlance) as the “Anti-Tea Party,” and Keith Olberman mused the activities were “the first real surge in a revitalized Left since perhaps the Vietnam War.”  Both comments are either terribly ill-informed or deliberately disingenuous; anyone individually searching Twitter for the #occupy hash tag will quickly see people from across the political spectrum taking place in the protests.  Perhaps most compelling of all were the tweets of some Marines who stated they would be going down to Wall Street to protect the People simply exercising their First Amendment Rights from an overzealous and mace-happy NYPD.  The Marines’ message? We signed on to defend the Constitution, not monstrous corporations who have subverted the Republic.

Just as the original Tea Party (sparked by a reenactment of the Boston Tea Party by Ron Paul supporters on December 16, 2007) began as an amorphous, widely popular movement which was quickly co-opted by the Republican Establishment, so too are the wheels in motion to do the same to #Occupy by the Left.  That is why it is imperative to shift gears quickly in this campaign, and move from protest into simple, yet decisive action, before the tentacles of the Establishment slide in once again to divide the People against themselves.

From #Occupy to #Withdraw

What is needed is a simple plan that resonates with nearly all the People, regardless of political stripe.  And no matter what one’s background, nearly everyone is united in abject disgust at the reckless greed of Banksters run amok and its deleterious effects on the United States’ economy, political process, and national sovereignty.  Fortunately for the People, the very system of greed the Banksters established will be their own undoing.

While we have discussed the intricacies of the fractional reserve banking system elsewhere, all that must be understood here is that for each $10 deposited in a bank, only $1 is kept on reserve and $9 are lent out at interest in the form of loans to other people.  The bank is statistically confident that not everyone will arrive on the same day to withdraw their money, so they can keep this house of cards standing, making money hand over fist all along the way.  And typically speaking, the People will not come and withdraw their money all at once.  But we are now in atypical times, and a fervent, impassioned movement can turn mere shouts of protest into the seeds of watershed change.

The Withdrawal Plan:

1. Each and every member of #Occupy commits to opening an account and depositing $100 at Bank of America (Bank #1 of 6).
2. $90 of each deposit is quickly lent away by the bank.
3. #OccupyWallStreet participants focus on spreading this one message; to current B of A customers, to newcomers, to Tea Partiers, to all who would listen and participate, over the next several months.
4. On an undetermined day in the future, the call goes out: “Withdraw from Wall Street” (suggestion for the one to make “the call” is Max Keiser and/or Alex Jones).
5. All participants immediately return to Bank of America, withdraw their $100, and close their accounts.
6. Bank of America, overwhelmed by the sheer number of withdrawals, will not have enough money in reserve to cover all of them and will shut down, on the verge of collapse.  Other B of A depositors will not be injured by the run, as their money is insured by the FDIC.
7. B of A will ask for bailouts, ultimately turning to the Federal Reserve to backstop them through money printing.
8. The sham of the circus that is central banking will be thrown wide open into the teeth of a now VERY angry public, and any type of bailout of B of A may simply prove politically untenable.
9. The first of the six mega-banks will fall, the sham of central and fractional reserve banking will be thoroughly exposed, and a public growing in awareness will remove their deposits from any Wall Street bank, in favor of local banks and credit unions which help their local communities.
10. The Wall Street system will implode under the weight of its own greed, and the fraud which is the Federal Reserve will at last be undone, approximately 100 years after its creation.

From Protest to Action – It Has Never Been Easier

As we have stated elsewhere, despite the disenfranchisement of the People in a political system almost completely given over to corruption, the power of the People is perhaps greater than at any time since the Revolution.  In the Information Age, KNOWLEDGE IS POWER, and the ability to communicate this knowledge into actionable steps en masse is more powerful than ever.  We, the People, can simply “vote” through our everyday choices, whether that be what news outlets we listen to or which banking institutions we choose to patronize.

Want to take down the corrupt banking system which has lead to the serfdom of the masses?

Don’t occupy Wall Street. Withdraw from it.

UPDATE 10/04/11: Has the run begun?  St. Louis Bank of America using SWAT Team to prevent depositors from physically withdrawing their money?