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Can a bank confiscate your deposits? The War on Cash.
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<p>[QUOTE="19Lyds, post: 2216763, member: 15929"]There is NOTHING that can be done because, regardless of who I vote for, its always the "other guy" (wink wink) that keeps the law around.</p><p><br /></p><p>While I do understand and support the premise of voting I also understand that each Representative or Senator that is elected has a "primary" responsibility to their "electorate". Not mine. My Senator(s) are out gunned 98 to 2.</p><p><br /></p><p>Federal Banking Laws can be "affected" by our elected representatives but they cannot be changed. That change has to come from a higher power that, unfortunately when they use that power, get raked over the political coals and called dictator. Specifically, Presidential Executive Orders.</p><p><br /></p><p>As for Safety Deposit Boxes? These have been in the news on multiple occasions from banks getting the names and numbers wrong and selling the contents to burglars boring holes in the ceilings and making off with nothing more than SDB contents (the subject of a movie based upon a true story-The Bank Job).</p><p><br /></p><p>Stuff happens. Mistakes are made. The only guarantee's are insurance of SDB Contents BUT, and SDB is so much more secure than a safe in my house and a lot cheaper if I were to address Fire and Walk Off properties of a safe.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2216763, member: 15929"]There is NOTHING that can be done because, regardless of who I vote for, its always the "other guy" (wink wink) that keeps the law around. While I do understand and support the premise of voting I also understand that each Representative or Senator that is elected has a "primary" responsibility to their "electorate". Not mine. My Senator(s) are out gunned 98 to 2. Federal Banking Laws can be "affected" by our elected representatives but they cannot be changed. That change has to come from a higher power that, unfortunately when they use that power, get raked over the political coals and called dictator. Specifically, Presidential Executive Orders. As for Safety Deposit Boxes? These have been in the news on multiple occasions from banks getting the names and numbers wrong and selling the contents to burglars boring holes in the ceilings and making off with nothing more than SDB contents (the subject of a movie based upon a true story-The Bank Job). Stuff happens. Mistakes are made. The only guarantee's are insurance of SDB Contents BUT, and SDB is so much more secure than a safe in my house and a lot cheaper if I were to address Fire and Walk Off properties of a safe.[/QUOTE]
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