The Government and Banks Plead For Consumers Not To Withdraw Money...08/26/99
by Mitch Battros  (ECTV)

The article below has sent chills down my entire body. Folks I believe this very statement gives us the heads up of what is to come. I had always stated, "even if the Y2K issues were not as bad as expected, the perception of what could happen would be enough to cause a panic. The area to watch most closely is A Run On The Banks".

It appears our government is now starting to solicit support from "religious leaders" to help calm people down. I believe this to be short sighted, and may very well back fire.

This is the most disturbing news report I have seen to date. I am alarmed due to the early release of this article. I would have expected these types of statements to come in November.
 

Banks say ATMs are Y2K-safe Urge clergy to tell congregations not to hoard cash...08/26/99
 
(AP)— The heads of the country's ATM networks on Wednesday urged consumers not to withdraw unusually large amounts of cash, while assuring them that their cards will work normally through the year-end date change.

THE NATION’S BANKERS, meanwhile, are distributing a folksy sample sermon for clergy to help them debunk fears of a Year 2000 catastrophe.  “We wanted to reach out to the religious community,” said John Hall, a spokesman for the American Bankers Association, referring to the four-page homily which the group is distributing to bankers to share with their local clergy.
 
At a news conference, the ATM network executives advised consumers to treat the last weekend of the millennium as they would any long holiday weekend, withdrawing only the requisite amount of cash from automated teller machines.

Mitch Battros
Producer - Earth Changes TV
http://www.earthchangesTV.com

 

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