This June 5th

NaughtyGeek

Golden Member
May 3, 2005
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0
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So, I came across a site proposing a "run on the banks" this June 5th. The general premise is to get as many people as possible to withdraw all their money from their bank. In my mind, I can't see this having any affect whatsoever even if an inordinate amount of people complied. Anyone here have any insight into any potential problems this could actually cause?

Linky
 

nonameo

Diamond Member
Mar 13, 2006
5,949
2
76
I would imagine that the american people don't have enough money stored away in their "liquid" accounts to make a difference. I mean, who's going to withdraw their 401k for this? No one. Maybe savings/checking, but nothing serious.
 
Dec 10, 2005
22,210
4,473
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Sounds like a load of crap. Probably pushed by Ron Paul supporters who hate the "evil Federal Reserve."

Edit:
Yep, reading the "notice" confirms my suspicions. Repeal of the Federal Reserve act and going back to a gold/silver standard.
 

jpeyton

Moderator in SFF, Notebooks, Pre-Built/Barebones
Moderator
Aug 23, 2003
25,375
142
116
If Paul officially threw his support behind this, it might get some traction.

As it stands, I expect about 27 people to actually follow threw with this. And 26 of them are college students with $15 in their checking account.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
3
0
Stupid. if I felt it was going to actually affect anything, i'd pull my money out on june 4 before it's messed up. Silly.
 

sandorski

No Lifer
Oct 10, 1999
69,423
4,810
126
Last time that happened there was a Gold Standard and everything went to Hell. Not sure what they'd prove.
 

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