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View Full Version : Can Safety Deposit Boxes Be Siezed as an Excuse To Fund the Government?



ktlight
11th April 2011, 08:45
'If anyone thinks their money is safe inside the banks safety deposit boxes. If you think the gold is still in Ft Knox? Dream on if you are not going to listen. Recently in California's fiscal woes.They emptied out people's safety deposit boxes to fund the State government's appetite to spend. The most remembered is when FDR singed Executive Order 6102 making possession of gold illegal that was constitutional money and seized people's safety deposit boxes not only stealing gold and silver. Many people's stock and bonds were stolen too.'

source:
http://lonestarwatchdog.blogspot.com/2011/04/get-your-gold-out-of-safety-deposit.html

Lost Soul
11th April 2011, 13:15
It actually started a few years back when then Assembly Speaker Willie Brown enabled legislation that allowed California to seize unclaimed assets including safety deposit boxes that were not paid for by the holder. The CA Secretary of State attempts to notify the lawful possessor to reclaim their chattel and if they fail to, it forfeits to the state.

Brown went on to become a two term mayor of San Francisco and while retired, has a radio show (methinks).

Lord Sidious
11th April 2011, 14:56
Government shall soon find out, worldwide, who is the servant and who is the master.
Wouldn't it be nice to see their assets confiscated?