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[bobf <bobford79 AT yahoo.com>]

To answer your question about where they plan to put their retrieved monies.  
Remeber they said it could be elctronic as well as physical .  The point is 
to remove it from the national /international banks that have caused the 
problems.  So, tyhey could wire it to a credit union or non-bank affiliated 
brokerage; or to a  gold holding company (Kitco pool accouunt, for example).  
There are myriad ways-- including the mattrees or pickle jars.

Like I said, I'm not agreeing or disagreeing that it is a good idea.  I just 
thought it was interesting.  The Canadian banks and economy should be 
stronger (not bigger-just stronger) than ours.  They are blessed with huge 
reserves of natural resources per capita.  And, their bankibng system did not 
use the negligent degree of leverage to gamble with OPM , like our criminal 
NYC bankers did.  But, the Canadian Loonie has been falling agaibnst the USD 
-- go figure.

That was an interesting article thanks for posting the link, Marie.

---------------------------------------------------------------


--- On Sat, 2/28/09, Marie McHarry <mmcharry AT gmail.com> wrote:

> From: Marie McHarry <mmcharry AT gmail.com>
> Subject: Re: [Homestead] Liberty or mayhem - Bank run 4 / 17
> To: homestead AT lists.ibiblio.org
> Date: Saturday, February 28, 2009, 9:12 AM
> The NYT had an op-ed about the Canadian solution. It seems
> more sensible:
> http://www.nytimes.com/2009/02/28/opinion/28tedesco.html?th&emc=th
> 
> On Fri, Feb 27, 2009 at 8:53 AM, bobf
> <bobford79 AT yahoo.com> wrote:
> > This is from a site run by supporters of Ron Paul.
>  This is just beginning to make the rounds on different
> types of sites and forum.
> 
> What are these folks going to do with their money? Stuff it
> in the
> mattress or bury it in the back yard?
> 
> Marie
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