Part 2

Even tho we did eventually recover our money, many cities that did not follow the letter of the law on this procedure did not get theirs back and it took a while.

Having said that, the FDIC is the govt backing your money in the banks up to 250k.
What does that mean for you if that govt, the US Corporation, is defunct?
Well that would be the question and I understand that the clause for the FDIC doesn't necessarily say WHEN you would get back your money either.
Even back then a decade or more ago even with all my ts crossed and eyes dotted, it still took me months to get some of it back.

Some cities and counties that had failed to put in the clause in their agreement for the securities to not be tradable with out the Trustee's release i dont think got their money back because they were traded and gone.

Juan says we are not destroying the dollar but rather destroying the fiat money and going back to constitutional money, gold & silver. That's all I know.

My experience with bank closures is as follows.
Yrs ago was Director of the Treasury in mid sized town in charge of investing & maintaining the security of the counties funds, about 36million per yr cash flow.
By law I was required to keep the money safely invested & secured against loss,
In order to do that our only avenue to invest the money was via CDs, no stock market or other investments were allowed. Each bank would only allow 250k to be secured by the FDIC so I had to force our banks to hold non tradable A rated Bonds in a third party escrow in our name.
So the bank we did business with had to physically pledge the ACTUALL Bond certiicates in a safe deposit box at a bank they were not associated with that they could not sell without my written permission as security against the loss of our funds were our bank to fail.

Having done ALL OF THAT, when the Savings & Loan crisis hit yrs ago I still had to fight tooth & nail to claw back our funds once the FDIC took over the ba