Problem, Reaction, Solution – How the Government Will Take Your Cash – Governments of the World are Coming for Your Cash
Amber William
MyDailyInformer.com
December 21, 2016
How the Government Will Take Your Cash
New rules introduced in July 2015 mean that savings of up to $1m may be protected for a six-month period if your savings provider goes bust.
The increase is to cover life events such as selling your home (though not a buy-to-let or second home), inheritances, redundancy, and insurance or compensation payouts that could lead to you having a temporarily-high savings balance.
The extra cover will apply from the date on which the money is transferred into the account, or the date on which the depositor becomes entitled to the amount, whichever is later. You’ll need to prove where the funds came from in the event of a claim – and be prepared to wait up to three months for any cash over $75,000.
This change is a boon, because it allows you time to sort a plan for the cash. But, not only that, it also allows you to maximise savings by putting more cash into higher interest paying accounts than you’d otherwise be able .
Event Is Coming Soon – and as far as the IRS recouping thousands of dollars in unclaimed money, we DONE OWE THEM A DAMN DIME. They are only a corporation and it’s illegal according to the Constitution. You owe the IRS absolutely NOTHING.
Of course they hacked the ATM machines right in the same summer of the year they are announcing a cashless society? They probably wrote the programs to attack the ATM’s just so they can use this as a reason to get rid of cash. It’s all the evil ones running this place, all of it is. You people better rise up NOW. Get your lazy asses up off the couch, put your remote down and start doing something.
The Rest…HERE
