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    Internet Abuzz as ATMs Stop Working – Prelude to a Bank Holiday Suspected

    Mac Slavo
    November 8th, 2010
    SHTFplan.com
    Comments (38)
    Read by 470 people

    Numerous financial institutions experienced problems with ATM machines Sunday morning, providing some insight into what it might look like if the President institutes a bank holiday, long rumored to be part of the globalist agenda to take down the U.S. dollar:

    Following rumors of a “bank holiday” that could limit or prevent altogether cash withdrawals later this week, Twitter and other Internet forums were raging yesterday about numerous ATMs across the country that crashed in the early hours of Sunday morning, preventing customers from performing basic transactions.

    It’s unknown whether the crashes were partly a result of a surge of people trying to withdraw their money in preparation for any feared bank shutdown, or if mere technical glitches were to blame. The fact that the problem affected numerous different banks in different parts of the U.S. would seem to indicate the former.

    The Orange County Register reported that the problems were “part of a national outage” which prevented people from performing simple transactions such as cashing checks and withdrawing money.

    “Twitter is going crazy with reports of ATMs and online accounts going down as of 01:00 hours EST of the 7th of November 2010,” writes Brennan [blogger, reporter]. “This is happening to many banks all across America. Some are trying to say that it is a computer glitch to do with the change in Daylight Savings Time, but I will call BS on this as we manage to put our clocks back over here in the UK without knocking out ATMs and online accounts nationally.”

    Brennan questions whether the outages were the first warning shots in a move to “devalue the dollar,” just days after Federal Reserve chairman Ben Bernanke sparked an international currency war by announcing that the Fed will buy $600 billion of U.S. government bonds over the next eight months.

    Source: Infowars

    The fact that more than ten different banks had the same issues suggests that it could have been a problem with the clocks within the bank ATM software. We’d like to believe that this was a “glitch” due to the Daylight Savings change, but you never know.

    In the news this week is the G20 meeting where China and Russia are putting serious public pressure on the U.S. government regarding our quantitative easing policies, with China going so far as to imply that it is the U.S., not China, that is the currency manipulator.

    We are embroiled in a financial, monetary and economic situation unlike any of our policy makers have ever experienced. At this point, nothing is outside the realm of possibility. FDR closed the banks once also, and when they reopened the dollar had been devalued by some 60%. Given that our elected officials, the Fed and Treasury have taken unprecedented steps already, to the tune of trillions of dollars, as well as seizing control of private institutions, it seems that they are willing to pretty much take whatever steps they deem appropriate at the time of whatever crisis is happening.

    Who’s to say it won’t happen again?

    Our recommendation if the financial S hits the fan is to have cash, PM’s and other barterable assets on hand at all times, just in case.

    A bank holiday doesn’t necessarily mean that the entire economic, social and political systems of the U.S. will come to a crashing halt, but it could certainly mean very hard times ahead. The only reason a bank holiday would occur would be to basically give the banks time to implement new government mandated policies like devaluation, withdrawal limits and seizure of safety deposit box assets. During the 1933 holiday instituted by FDR, the government also required that only solvent banks be reopened. Today, that might mean that a majority of banks would end up being shut down. Of course, the larger banks – those that are too-big-to-fail and funded by U.S. taxpayers, will probably be reopened as the banks of last resort (even though they are broker than everyone else).

    People will likely try to run on the banks, but they’ll be closed, and probably heavily guarded – perhaps by private security personnel, perhaps by riot police, perhaps by military response teams under a declaration of martial law.

    The point is, it can happen, it’s happened before, and you should be thinking about it as a distinct possibility in the future.

    The last thing you want to do if the banks are closed is to end up in a crowd like this thinking someone’s actually going to give you your money back:

    bank_run_1933

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    Author: Mac Slavo
    Views: Read by 470 people
    Date: November 8th, 2010
    Website: www.SHTFplan.com

    Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.

     

    38 Comments...

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    1. Goldenfoxx says:

      Comments….. Heard rumors on different sites about this along with people leaving their experiences. This could be a prelude of things to come.  Cash, food, ammo. Just got done listening to Glenn Beck, which, I am not a big viewer of.  What I heard today on his program, and his coming programs this week will be the final nail in the coffin.  The banks will be the least of our worries.

      Rate This Comment: Thumb up 0 Thumb down 0

    2. Sketch says:

      I don’t know what it was, but it COULD have been a glitch. the big OS vendors are not immune from it. This year even VMware had a problem with it: http://kb.vmware.com/selfservice/microsites/search.do?language=en_US&cmd=displayKC&externalId=1030305

      who knows. it would be prudent to have these items in hand anyway.

      Rate This Comment: Thumb up 0 Thumb down 0

    3. Gods Creation says:

      The banks are the source of the fraud.  Ain’t got a nickel in them and never will.  That may affect my online businesses, but I keep low balances by giving myself frequent paydays.

      Rumors I heard say on the 11th of November.  That would be on Thursday.  The corp now pays many if not most of the slaves on debit cards.   I wonder how many people will show up for work on Friday if they cut out access to the pay on Thursday?  I suspect a lot of them would show up at the banks.

      It is most likely all rumor and will never happen anyway.   But even if it does, I have nothing for them to steal at any of their banks.  I hope those who still support the frauds are ready for what they may get.

      Rate This Comment: Thumb up 0 Thumb down 0

    4. Doesn’t mean a thing to me. 500oz of silver, $3,000 in cash. Several thousand rounds of ammo. Several hundred cans of food. 200 pounds of wheat. 100 pounds of rice. 40 pounds of beans. (I need more beans!) Couple hundred pounds of corn. Several shotguns, rifles and pistols. 100 gal of gasoline.

      I only put in the bank what I need to pay the bills via checking. So, I put a few hundred in each pay but it all gets used up. The rest of it goes… someplace else! Let them fail. The beast must die and the banks are an arm of the beast. The quicker the people lose confidence in that thieving arm of the beast, the better.

      Rate This Comment: Thumb up 0 Thumb down 0

    5. snafubar says:

      Before you panic please remember Nov 11th is Veterans day and is a bank holiday

      Rate This Comment: Thumb up 0 Thumb down 0

    6. snafubar says:

      Consider this report from a reader who is actually in the ATM business:
      “George, I work with a business partner in the [region redacted] . We have combined between us 180 ATM machines that we service, Cash Load. In order to do this we NEED to order the money, 20′s only from several banks on a weekly basis. This is a considerable amount weekly, 380k plus. Here is the interesting piece that is developing: In the past several weeks 4 of the MAJOR banks have informed us that they can no longer provide us with the cash for our business. Now the problem is that it is OUR money we are taking out!

      From / continued at http://urbansurvival.com/week.htm

      Rate This Comment: Thumb up 0 Thumb down 0

    7. Jeff says:

      Oh snap Snaf!

      Rate This Comment: Thumb up 0 Thumb down 0

    8. Kent says:

      Enough to make you a bit concerned, if not paranoid.  My ATM was down Saturday.   Hoo boy……

      Rate This Comment: Thumb up 0 Thumb down 0

    9. Tina says:

      I bank at SunTrust and my online banking was “unavailable” over the weekend but as of this morning it was all up and running. I went by the bank today and all transactions were going through (not just the deposits)

      I did not try to withdrawl any funds via ATM over the weekend. 

      Rate This Comment: Thumb up 0 Thumb down 0

    10. Gods Creation says:

      Before you panic please remember Nov 11th is Veterans day and is a bank holiday…..

      I was wondering why it would start on a Thursday.  Now we know.  Besides, what better way to let the veterans and soldiers know how much they are appreciated than by stealing everything they have.  They are “dumb animals” as Henry Kissinger called them, at least to those they serve. 

      I wish the military personnel would awaken and fight the bankers and their corporations.  At least then their claim of fighting for my freedom would be true.  Until then, I want nothing to do with the wars of the corporation or the soldiers that fight them.

      Rate This Comment: Thumb up 0 Thumb down 0

    11. Call ‘em what you want:  Sheeple,  useless eaters, the great unwashed, the golden hoardes,  zombies, whatever……they
      haven’t got a clue…..not even a clue……so when SHTF,  be ready
      to defend what you have, show no remorse, because they’ll be
      coming to a combat theatre near you!

      Rate This Comment: Thumb up 0 Thumb down 0

    12. The are forcing us into a cashless society.

      1)  Everyone knows QE2 will cause massive inflation. 
      2)  How do you solve that problem?

      Connect the dots.

      http://www.economicpolicyjournal.com/2010/11/secret-battle-against-holding-currency.html

      Rate This Comment: Thumb up 0 Thumb down 0

    13. Paul Revere says:

      Henry Kissinger is a lying bastard like Obama.  Both oligarchy criminals.  Just like the Bushes.  And the Clintons.  Murderers and thieves all.  Their wars and murders subsidized by the Federal Reserve and TBTF banking elites.    They know they are destined for hell so intensly despise all decent and good citizens of this country and want to strip you of all that you possess.    

      Rate This Comment: Thumb up 0 Thumb down 0

    14. Johnny Rotten says:

      If it happens it will be on a Friday, they always plan bad news for Fridays.

      Rate This Comment: Thumb up 0 Thumb down 0

    15. SD Mule says:

      Boy, this stuff is getting exciting. It is truly a great time to be alive. No longer will our generation have to read about the Great Depression, the Weimar Republic in Germany, or some far away place like Zimbabwe. We are going to live it!! Protect yourself and prosper. 

      Rate This Comment: Thumb up 0 Thumb down 0

    16. sens says:

      Hey people, a long holiday weekend would be what is needed for a bank holiday. Granted friday isn’t a holiday, but closet enough.
      Especially with thr G20 meeting happerning that weeking.

      Let’s consider what MIGHT happen.
      Thursday— banks shut. Withdraw limits imposed. Government announces  all should stay calm but offers few details.

      Friday/Saturday..few details forecoming. Police,National Guard and military deployed (aka martial law).

      Sunday/Monday word comes out that NEW currency is being rolled out in conjunction with an agreement our non-native pres reached at the G20 meeting (in Korea) on behalf (and primarily in the benefit for)  his patrons .. the big Banks and the continued existence of the Gov minions that serve as squires for the banks.

      The new currency/USD exchange rate results in a reaming for  USD holders and the Government tells you all it was necessary and to be good sheeple and obey the decree.

      We’ll soon know if it goes down like this or not.

      Rate This Comment: Thumb up 0 Thumb down 0

    17. Plane Guy says:

      I’m beginning to wonder how much protection our hoards of silver are actually going to provide. Unlike some sites that venture the events happening are getting out of the Elites’ control (the Daily Bell comes to mind), I firmly believe they are in near total control of the economics side of things, at least in the Western world.

       Since the “global currency” is an obvious dream of thiers, in addition to maintaining control of the monies of the sheeple, I’ll bet they will outlow the use of PM’s when the dollar implodes, and will reward those that turn in thier neighbors trying to buy/barter with it.

      I’ve been on this site a while (just haven’t posted much), and it is apparent that the majority of us are God-fearing Christians. That being the case, everything that happens has to concur with end-time prophecy as written 2000 years ago.  The passage in Revelation that talks about people throwing thier “worthless” silver out in the streets (I’m paraphrasing here in my own words, but correct me if you must) keeps popping into my head… 

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    18. Tina says:

      Plane Guy…….It is Written (and has been for 2000 years). All of this. It is here. All of this will come to pass swiftly. Basically overnight to all those who are not paying attention.

      About a year ago my place of employment went (in a sense) paperless….” cashless”. All 800+ employee’s have some sort of direct deposit. This is not a choice this is manditory. We do not even get a stub…it’s all online and if we want a stub we have to print it off.  

      See where this is going? You can not even hold it in your hand for a minute. Direct deposit, online banking….we are already basically cashless. Throw in S510 and the mark of the BEAST is in sight…..but who are they??????? 

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    19. phil says:

      I formerly worked for banking networks for several years. Sunday morning is a very low utilization day for ATMs and general banking networks and as such most network maintenance work is done early on a Sunday. because of the many smaller banks in the US a third party processing company often maintain the networks. It is not uncommon for ATM networks to go down at this time.  I think that perhaps you need to find out which banks and who does the data processing for them – then contact them and ask them if there were issues. I think also that you need to stop bending the facts to meet your preconceived notions and actually do some journalism in support of your story first preferably by means other than twitter. then and only then can you put the foil hats on and start making accusations

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    20. Anonymous says:

      I have to add to my comment above.

      This is a long story but here is the jest of it. 

      About a month ago I went into a local grocery store to buy some canned goods (on sale). I had NO CASH on me. Which is not unusual. I had approx 40.00 worth of groceries in my buggy and after the cashier rang my stuff up all the card readers proceeded to GO DOWN. Every line was the same. None of them would work. It took over 20 minutes to get them back up. During this time I asked the cashier “instead of using my debit can I just write a check” I was told “NO” because they are also run electronically and since the system was down it would not work either. This was a BIG ordeal getting the machine back online.  

      Okay…..I’m a smart person……I considered this another TEACHABLE MOMENT but here is the real story. There were approx 10-12 people ready to checkout, all waiting patiently. Over the loud speaker they announced “ANYONE WITH CASH PLEASE COME TO ISLE 2 TO CHECK OUT”…..out of those 10-12 only ONE had enough money to pay for their stuff. 

      Again….very teachable moment for me and mine. Now we keep cash on hand.

      We have been weening ourselves off the banking system every since.

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    21. Bank holidays, yet another violation of our rights. Add it to the list of gov’t violations of our right:
      They violate the 1st Amendment by placing protesters in cages, banning books like “America Deceived II” and censoring the internet.
      They violate the 2nd Amendment by confiscating guns.
      They violate the 4th and 5th Amendment by molesting airline passengers.
      They violate the entire Constitution by starting undeclared wars for foreign countries.
      Impeach Obama and sweep out the Congress, except Ron Paul.
      (Last link of Banned Book):
      http://www.iuniverse.com/Bookstore/BookDetail.aspx?BookId=SKU-000190526

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    22. Paul Revere says:

      Tina, you ask, who are they?   They are the willing subjects of Satan.  They are Bernanke, Obama, Pelosi, Frank, Bush Sr., Bush Jr., the Clintons and all the other global oligarchy.   They sold their souls a long time for power, wealth, and control.  Their one world government scheme is unfolding before our eyes.  And as the Bible says, in the end they will NOT be victorious.

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    23. Plane Guy says:

      Tina, since the Biblical “Mark of the Beast” doesn’t seem to come until well into the 7-year period, we still have some time…The Peace Treaty still has to be signed to get THAT ball rolling…

      Another passage that keeps popping into my head is one that Paul wrote: “In the last days, it will be tough to be a Christian” (again, paraphrasing).

      I just hope that TPTB don’t want to institute the microchip immediately after the dollar goes belly up.  Let’s hope some other form of paper currency (even global) comes in the interim, as this will also give us a little more time to prepare… 

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    24. kevin says:

      Comments..”there are 2 ways to sleep good at night, being ignorant or being prepared”    I saw that quote the other day, now I know why i dont sleep good at night, I am not prepared for this bull#hit! (i am sure there is a little ignorance to blame  also)

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    25. Catalyst says:

      I tried to transfer money online between accounts and could not do it on Saturday. Sunday mid-morning it was back to normal. I thought it was very odd; had never run across that before. 

      Rate This Comment: Thumb up 0 Thumb down 0

    26. tekroanin says:

      it’s a test run… plain an simple TEST RUN!

      c’on sheeple… you gotta wake the f up!

      it’s already too late….

      Rate This Comment: Thumb up 0 Thumb down 0

    27. tekroanin says:

      it’s a test run… plain an simple TEST RUN! c’on sheeple… you gotta wake the f up!it’s already too late….

      Rate This Comment: Thumb up 0 Thumb down 0

    28. TruckerGirl says:

      November 11 is VETERAN’S DAY! Banks WILL be closed because it’s a normal, happens every year holiday.
      Whoever started this rumor is trying to start an unnecessary panic by choosing that date because banks WILL be closed, but most people don’t remember that the Armistice that ended WWI was signed on November 11, which became Armistice Day, which was later changed to Veteran’s Day here in the US. Veteran’s Day isn’t a major holiday like Thanksgiving or Christmas or July 4th and people forget it.  So, after hearing this rumor, they will wake up on that day and find that the banks are indeed closed, and it will start an artificial panic.
      Don’t fall for it!

      Rate This Comment: Thumb up 0 Thumb down 0

    29. Gods Creation says:

      OOOPS…… couldn’t pay myself…

      Monday, Nov. 8, 2010 at about 8 PM, Farmers and Merchant Bank ATM could not dispense funds.  I use this same ATM all the time and it has NEVER been down before.  Is this a coincidence?  I’ll find out in a few minutes when I go to get my money.

      Tucker Girl, nobody knows what is going to happen.  Starting a bank holiday on a regular holiday would give those who don’t think it can happen here reason to believe it has not happened yet.  You can’t figure out the criminal mind unless you are one of them.

      Whether or not it happens now is not the point.  It is being fully prepared because it almost certainly WILL happen at some point.  If you don’t want to believe it, that is up to you.

      Meanwhile, I will be hitting the ATM daily to get whatever I can out of that system and convert it to useful items that I will need later.

      If you choose to leave your “money” in the system, you deserve what is coming and I will not feel sorry for you.

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    30. Tina says:

      Plane Guy….I just hope that TPTB don’t want to institute the microchip immediately after the dollar goes belly up.  Let’s hope some other form of paper currency (even global) comes in the interim, as this will also give us a little more time to prepare… 

      This is why I feel the OVERWHELMING need to prepare so much. The less you need to aquire after the fall the better off you will be…..and YES it will buy people precious time.

      Rate This Comment: Thumb up 0 Thumb down 0

    31. whitewash says:

      The banks think they can control the money flow in the Us by the use of the ATM’s at the bank!!!…..The distruction of the US Dollar will not come from the USA but from the the people & nations outside of the US. These guys will say enough is enough of the FED crap and the games they are playing with currencies & inflation.I hate to say this but the ‘SHTF’ will happen faster than we think!!!. If I was a person with half a brain ,Iwould be backing up your food pantry & other surplies….I Remember what one Russian said “we are just 9 meals from revolution” or hell here in the USA……………..

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    32. CalAsian says:

      Too many shills from banks trying to ‘calm down’. Hope not too many people fall into these soothing words

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    33. Robert J Molineaux says:

      There are two contributing causes to the ATM shortage:
      1. Independent ATM operators report banks are limiting their cash availability.  This is probably because the FED pays interest on surplus reserves at the FED.  Since vault cash is counted as reserve, the banks have an incentive to minimize it.
      2.  People are carrying more cash in their pockets and in hiding places in their homes against the possibility of ATM unavailability.  This incident proves them right.

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    34. phil says:

      as it seems like you are all picking the least obvious answer let me go further. ATM machines and EPOS sytems are all linked together onto leased lines. frequently the bandwidth allocated to these lines is insufficient due to too many machines being placed on these lines to save money for the owning banks and the lines fail – often for a brief period. Having spent several years watching these networks in realtime I just cant believe that you are all too busy trying to believe that some secret conspiracy presumably led by reptilian creatures in league with marxists and quite possibly aliens is doing this. Cash accounts for 3% of all capital flows. for the second time – please do some proper Journalism – read your own comments and try to understand whatever cognitive dissonance is powering your wild allegations.

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    35. livinginthehills says:

      Comments…..Say what you will, all speculation. You can chalk it up to paranoia, survivalist, God fearing and the like. I am a firm believer that our time has come. High unemployment, major dependency on welfare programs, home foreclosures, business closings, illegal’s swamping the systems and crime. How much proof do we need to piece together before it hit’s you between the eyes?

      I have always believed where ther’s smoke ther’s fire. At this point, we are smoltering.

      Ask yourself yourself these questions, and answer truthfully, if you were to lose your job today, how long will you make it on your savings? (That you can physically get your hands on)

      If today, all services of electrical, gas and water were lost to you and was off for a month, do you have the resources to survive? (Food, physical money on hand, fuel, a way to cook)
      If in addition to the above forementioned you or a member of your family were injured, what are your plan?

      Are you prepared to fend off droves of criminals in order to protect your family and property?

      If any of theses questions are answered no, you will certainly lose the rest.

      My family and I live in rural Va., my parents (Dad is deceased) lived through the gret Depression and the Dust bowl of Ok & Mo., they were fortunate to have had a farm. Many did not. I recall many times my Dad would tell us stories of what it was like and how they coped. Up to the day he passed on, he never, nerver let his guard down. He was frugal, conservative and very God fearing. Hw and my Mother were never taken in by the hype, glit and glitter of the American culture. Debt was something that was alway’s available to all, he was terrified of it. He knew that it would enslave anyone who allowed it to run unchecked.

      One of the last times he and I spoke of the economy, he warned of a time when you will have a wheel barrow of money and would not be able to buy a loaf of bread. Well? 

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    36. Mike L says:

      @Jeff – Your book, “America Deceived II” is available for purchase: http://www.authorsden.com/visit/viewwork.asp?id=16849

      Rate This Comment: Thumb up 0 Thumb down 0

    37. tex says:

      This event was still rolling into the thanksgiving weekend…..retailers had many problems…..

      Rate This Comment: Thumb up 0 Thumb down 0

     
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