Tuesday, September 30, 2014

Don't Bank on it! By Craig R. Smith & Lowell Ponte

Think Your Money is Safe in the Bank?
Shocking New Book Exposes the Unsafe World of 21st Century Banking
By Craig R. Smith and Lowell Ponte

Could the bank we trust to safeguard our money now be one of the riskiest places to put it? DON'T BANK ON IT! THE UNSAFE WORLD OF 21st CENTURY BANKING, by Craig R. Smith and Lowell Ponte could be the most important financial book you've read in years. In this shocking new expose, Smith and Ponte predict your bank account may be hit by any one of 20 major threats - dangers already warning us in daily news headlines, such as:
  • The Cyber-Terror Bank Bailout: You on the Hook (Bloomberg)
  • Banks' Failure Plans Inadequate Say Regulators (ABC News)
  • U.S. Banks Braced for Trillion Dollar Outflows (Financial Times)
  • G20 Edging Towards Deal on 'Bail-in' For Banks (Reuters)
  • In Banks We Used To Trust (MarketWatch)
The symbol of bank security has always been the safe. Today it should be the "unsafe" because, as this book reveals, your bank deposits are now in danger in at least 20 major ways - from cybercriminals, money-hungry politicians, too-big-to-fail bankers, and those now stealing the value of dollars you thought were secure inside bank vaults.

Your bank account is systematically being robbed, and is at serious risk of being seized and looted. How much interest is your bank paying you for putting your money at such risk? Less than zero percent!

Monetary expert Craig R. Smith and futurist Lowell Ponte show why it has become illogical, and hazardous to your wealth, to trust your money to today's increasingly vulnerable and unsafe banks. Banks (as we know them) and the U.S. dollar are dying as we are pulled into the rising "cashless society" where everything from your digital "money" to your household appliances will be Internet-controllable and hackable, as well as trackable and taxable by bloated governments desperate for ever-more revenue.

Smith and Ponte propose a surprising alternative future you can bank on, based in part on what a Harvard economics professor did with his own near-million-dollar bank account. This book shows ways to save your savings. The risks Smith and Ponte reveal are amazing and eye-opening, such as:
  • You could lose your banked money to one of 125,000 Chinese Army full-time hackers half a world away; to greedy banksters; or to rapacious spendaholic politicians who desperately need ever-more revenue to keep expanding the welfare state.
  • Your bank account exists only in a bank computer, not a bank safe, and under today's laws, is no longer even "yours."
  • Banking (as we know it) will soon die, Craig and Lowell predict, as will our old notions of money. The dawning "cashless society" and "Internet of things" will end financial privacy, tax every transaction, and could rob you via computer chips built into your next refrigerator.
"BRAVO! In Craig Smith and Lowell Ponte's newest book, DON'T BANK ON IT! they have successfully torn down the facade of America's most deceptive financial institution - modern mega-banks - and yet somehow also made it interesting, understandable and actionable reading."
--Dr. Michael Savage, Host of The Savage Nation
ABOUT THE AUTHORS: Craig R. Smith is the founder and Chairman of Swiss America Trading Corporation and is an expert commentator on some of the top cable network and radio news programs. Lowell Ponte is a former think tank futurist, former Reader's Digest editor, a public speaker, talk radio host and Newsmax columnist.

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