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Old 08-03-2009, 11:17 AM   #12
viking
Avalon Senior Member
 
Join Date: Sep 2008
Location: UK
Posts: 1,709
Default Re: Custers last stand???

This is a some email exchange views on the New Banking system....

Are we heading towards the new Banking system by the end of Sept??



Message:

Dear Patrick, I haven\'t written to you for awhile, but have a question that I thought maybe you could answer for me. My husband went into one of the local Suntrust Banks and asked if they were expecting Treasury Dollars and the Asst. Mgr said yes we expect them anyday. He also asked her if they were Basil 3 compliant and her answer was yes we have to be. He said that he had heard that alot of the bigger banks were not Basil 3 compliant and she said that she had heard the same thing. He also went into Wachovia Bank and asked the same questions and they didn\'t even know what he was talking about in regards to either Treasury Dollars and had never even heard of Basil 3. Some other people that we talked to said that they had also talked to some of their banks and were told that the Treasury Dollars were coming in but that they would not be the first to get them. What do you make of this are we finally seeing the end of the Fed, I pray that it is so? Please let me know w! hat you think of all of this, as he had been asking banks for the last 8 months and this is the first time that someone actually gave him a positive answer. Go in peace. Thank you JD

(Response)

FROM: Patrick H. Bellringer

TO: JD

DATE: July 30, 2009

SUBJECT: Reply

Dear JD:

Your letter brings good news and confirmation of what we know. Those banks with a gold charter are ready for the new system. Many larger banks are refusing to cooperate and have not told their employees of the coming changes.

The plan is for the Federal Reserve to be terminated by the end of the present U.S. Government's fiscal year of September 30, 2009. Any bank not having a gold charter and not compliant with Basel III will be closed. Most of the larger banks appear to be in that situation. They still think they can stand against the tide of the Global banking change.

In Love and Light,

Patrick H. Bellringer

bellringer@fourwinds10.com

www.fourwinds10.com

#1 (Reply)



----- Original Message -----
From: LT
To: bellringer@fourwinds10.com
Sent: Thursday, July 30, 2009 8:39 PM
Subject: :SPAM: Just read the Hello Central Banking Changes...and have this to add..my credit union said the same thing!
Hi Patrick...
On June 29 I asked my credit union.. Southern Oregon Federal Credit Union about the new Treasury Gold Backed money...
The teller I usually deal with said the Credit Union will soon have the Treasury Gold backed currency ...

and expected to have the currency to work with shortly and that YES.. they are Basil III compliant.

She was a bit surprised that I knew about it .. and she made the comment that

"it will be intersting to see the reaction from people who have no clue, when she passes the new money out to them".
Last week we asked again about it.. and the teller offered to show us the new coins.. and the manager said

"the new currency paper folding money was on order and they were expecting it any time.
SO..Patrick.......... I was delighted to read the post you put up today..

and I am happy to add another confirmation to exactly what you stated!

Thank You,

LT

(Response)

FROM: Patrick H. Bellringer
TO: LT
DATE: July 31, 2009
SUBJECT: Reply

Dear LT:

Thank you. This is great confirmation that the change to a gold standard banking system in the U.S. is in process

In Love and Light,
Patrick H. Bellringer
#2. (Reply)

----- Original Message -----
From: WP
To: <bellringer@fourwinds10.com>
Sent: Friday, July 31, 2009 3:53 PM
Subject: treasury dollar


Hello Patrick, I read the fourwinds articles all the time and am familiar with the talk regarding a banking holiday this fall etc. But this was the first time I had heard of the treasury dollars etc, is this a new currency now that will replace the dollar in the fall? Is there anywhere I can read more info regarding this? Any info is appreciated. What will be the fate of the dollar then?

Thank You

WP

(Response)
FROM: Patrick H. Bellringer
TO: WP
DATE: August 1, 2009
SUBJECT: Reply

Dear WP:

Thanks for writing.

The Federal Reserve note will be destroyed and we shall have our gold backed dollar back as required by the Constitution of the Republic of the U.S. of A. The FRN will be exchanged one for one for the new currency.

In Love and Light,
Patrick H. Bellringer
#3 (Reply)
----- Original Message -----
From: H
To: <bellringer@fourwinds10.com>
Sent: Saturday, August 01, 2009 3:13 PM
Subject: Siterun Contact Request from Fourwinds10
Message:

As for the "Banking Change", what does "Basil 3" stand for?

Please confirm, this is not "a hoax".



H.
(Response)
FROM: Patrick H. Bellringer
TO: H
DATE: August 1, 2009
SUBJECT: Reply

Dear H:

Many have asked this question. Though there are volumes of paper work laying out the new rules for international banking with the new Global Banking System, I shall make a very simple statement, according to my understanding of both Basel II and Basel III.

Basel II -- Loans back by collateral

Banks must have appropriate collateral, according to the new banking laws, to cover their loans. The old system of the Federal Reserve of fractional reserve banking will no longer be allowed.

Basel III -- Transparency

Bankers are not allowed to have a second set of books and do undercover/backdoor dealings. All banking transactions must be transparent to the public.

In Love and Light,
Patrick H. Bellringer

#4 (Reply)


----- Original Message -----
From: JD
To: <bellringer@fourwinds10.com>
Sent: Friday, July 31, 2009 7:54 PM
Subject: Siterun Contact Request from Fourwinds10
Message:

Dear Patrick and Anne; Thank you for continuing your special mission--your web site is a life line.

My question today pertains to the new treasury notes-money backed by gold. When this occurs what is the advantage to people? I want to be able to explain this to relatives, etc. The ramifications that our money would actually have value--what all would that do? and change?

Would it end other corruptions of this evil government?

thanks so much,

JD
(Response)
FROM: Patrick H. Bellringer
TO: JD
DATE: August 1, 2009
SUBJECT: Reply

Dear JD:

Thank you for your kind words. I have never had such a stack of letters to answer and articles to read. I think I need a "life line"!

There are many advantages to having your paper money backed by gold or silver, as required by the Constitution of the Republic of the U.S. of A. The present Federal Reserve money are notes or I.O.U.'s, worth nothing of value. You can not go to any bank and trade them for gold or silver, because it is credit money, based only on the full faith and trust of the people.

Under a gold system the money must be backed by gold or silver. Every paper dollar printed must be backed by a dollar's worth of gold or silver. Then you can go to the bank and demand a twenty dollar gold piece for twenty papers dollars or a silver dollar coin in exchange for your paper dollar. The paper dollars are not notes but will be gold and silver certificates that have value backing them.

Under a gold system the price of gold and silver is set and is not allowed to fluctuate very much. From the 1930's to 1968 gold was around $35. per ounce. By holding the price of gold stable, prices for goods and services were stable from year to year. There could be no manipulation of the markets by printing volumes of paper money, because any money printed had to be backed by an equal value of gold or silver.

Inflation and deflation were controlled because the money supply increased only as the wealth of the nation grew. Money retained its value and had the same buying power from year to year, and generally everyone prospered.

Under a gold banking system fraud and corruption are minimized, especially when bankers are held accountable. They can loan only the amount covered by the gold and silver they has as collateral, as they can not create money out of thin air, as they do under the FRB. The same would hold true for the government at all levels of society. Wild spending based on credit would be eliminated.

There is much that I do not understand, but bankers would tend to become your friends again. Their profit would be in fees and not usury. You may pay a fee up front, for example, for a business or farm loan, but would pay no interest, only principle. The banker could receive a percentage of the profit of the business resulting from the loan, but if there was no profit, he would receive nothing. This would motivate the banker to help you make a profit, and therefore, be your friend. Prior to the Federal Reserve, this was true.

In Love and Light,
Patrick H. Bellringer

#5. (Reply)

----- Original Message -----
From: GG
To: <bellringer@fourwinds10.com>
Sent: Saturday, August 01, 2009 5:05 PM
Subject: Treasury Dollar
I greatly appreciate your website and your endless hours of effort to keep us informed!


When the gold-backed Treasury Dollars are released, will Federal Reserve related "debts" (credit cards, mortgages) be erased?



peace

(Response)

FROM: Patrick H. Bellringer
TO: GG
DATE: August 2, 2009
SUBJECT: Reply

Dear GG:

Thank you for your kind words.

Yes! The debt of the Federal Reserve does not carry over to the new gold system. NESARA requires both a banking change to a gold system and the dismissal of debt to the old system. This is why the bankers and the government have fought so hard against the implementation of NESARA for the past nine years.

With such a change they lose their fiat/debt money system of creating money out of thin air, their usury and huge profits, and thus their control over the people. No longer can they manipulate the money supply and the markets and create inflation or deflation at will to suit their evil plans.

Change is here, and they cannot stop it.

http://www.fourwinds10.com/siterun_d...p?q=1248990149

http://indianinthemachine.wordpress....n-the-machine/

viking
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