How to Check out your Bank

How to check out your local Bank The easy way

Here are a few easy questions for your local bank president or CEO. If they can’t answer in a day or two, quickly remove your deposits.

1.    What are your total assets?

2.    What percentage do you have in mortgages?

3.    Local?

4.    Local Business loans?

5.    Do you buy or sell Fed Funds overnight?

6.    Do you own any local municipal bonds?

7.    WHAT PERCENTAGE OF YOUR DEPOSITS ARE IN DIRECT US GOVERNMENT DEBT OBLIGATIONS?

8.    LONG OR SHORT?

9.    MATURITIES?

10. Do you own any GMOs or derivatives?

11. What is the Book Value

The Chair or President should know what percentages each department has and whether they are profitable. One department can make up for another loss due to the economic environment.

Failure to give prompt answers means he has no idea what is happening- he could be just a figurehead.

Please withdraw your funds as soon as possible.

Do not keep more than $250,000 cash in your Bank. Excess funds should be rolled over every 90 days in US TREASURY 90 Treasury Bills.

Less than $ 50,000 should be put in US Treasury Bill Money Market funds only.

Business should keep on going, but not robustly.

Expect a lot of dirty tricks during this presidential year- especially if Congress finds persons guilty of lying to them.

This inflation could stop just as fast as it started.

Cash is KING.

Cheerio.~