America is being taken in the snare laid out by God: It is clear to see that the wealth once yielded and bragged on by America is no more. All of her wealth has left her.

Greetings,

   It is clear to see that the wealth once yielded  and bragged on by America is no more. All of her wealth has left her. And all of the wealth of others who has it deposited in her is now leaving. Trouble is everywhere for her.

  Today …”the currency of America is not backed by any sound value – silver or gold. The note today is something that the government declares they will give you the value in return, but does not name what the value is. But they definitely are not backing their currency with silver or gold.

  This is the number – one fall, and it is very clear that the loss of the power of the American dollar means the loss of the financial power of America.”–pg.87(tfoa)

   Her banks were given trillions in bailouts to try to prevent the fallout of incompetence,greed, corruption, & theft. This was to no avail. They tried to by time,but only help to exaserbate their problems. It is coming back on them swift and sudden.

   I say that The power of gold and silver was once abundant in America. But the touch of the finger of God against the power of so mighty a nation has now caused the crumbling and fall of America. Something terrific or terrible is about to hit America.I use the word “terrible” because it is not a thing that can be described as something mild, or something that is moving slowly, nor something that can be recognized as easily by the common people.

   It is clear to all who can see that America has reached the stage about which she always has been warned. America brought all of her troubles upon herself. She alone is to be charged with being the cause of the troubled world and people today.

   As God has said, He laid a snare for ancient Babylon (Jeremiah 50:24) and ancient Babylon was taken in that snare. America is modern Babylon. She is being taken in the snare laid out by God who is now with us in person.

  (See :  Quite as kept, America’s banking system continues to implode … )

 

 

 

    Banks Close Branches, Raise Account Costs

 

  Source: www.huffingtonpost.com

Banks are squeezing out customers with higher costs and fewer locations.

Several large midwestern banks are scaling down the number of branches they operate and adding sophisticated ATMs that can replace tellers, according to banking leaders who spoke at a financial services conference on Monday, American Banker reported.

The latest wave of banks closing locations included Akron, Ohio-based First Merit; Pittsburgh’s PNC bank and Key Bank, based in Cleveland. Bank of America, based in Charlotte, NC, has also scaled back its number of branches and ATMs throughout the country in order to cut costs. Earlier this year, First Niagara closed a number of HSBC bank branches in New York after it took over the bank’s upstate operations.

Over the past few years the weak economy, tighter regulation and low interest rates have put pressure on banks to find ways to cut costs. Banks are also under new pressure to find revenue and have been increasing fees and other costs for consumers this year.

The rise of mobile banking has also made branches less critical for some consumers. A number of banks have released mobile banking apps that allow customers to deposit checks from their phones.

For affluent, smartphone-using customers, the shift to branchless banking and pricier accounts may be hardly noticeable. But for Americans barely making ends meet, fewer bank branches and rising costs could push more people off the banking grid and limit their financial stability, consumer groups say. In low-income areas, fewer branches means those consumers must pay additional out-of-network ATM fees or pay for non-bank financial services, like prepaid cards.

A study from the California Reinvestment Coalition published earlier this month showed that the minimum cost of a basic bank account at the five largest banks in California is between $84 and $144 per year, not including additional fees associated with overdraft fees or other additional fee-based services.

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