CNN doing 30 minute Y2k special right now. CNN and Company.

-- Fat Tony (FatTony@youmammashouse.com), August 25, 1999

Answers

Don't worry.....be happy!

-- FLAME AWAY (BLehman202@aol.com), August 25, 1999.

I can't believe this! They've said "keep your money in the bank" at LEAST 20 times!!! Ya think they can sqeeze it in 20 more times??

-TECH32-

-- TECH32 (TECH32@NOMAIL.COM), August 25, 1999.

Marilyn Geewax of Cox Newspapers just said that if there are electrical outages over Y2K, it won't matter because it'll be winter time and people will be using gas and oil to heat. . .

-- Old Git (anon@spamproblems.com), August 25, 1999.

My dog has better info on y2k than this! These ? sound scripted and were given to the people in advance. Kepp your money in the bank. ATM's will be fine the power won't go out 97 % of investores say they do nothing Keep your money in the bank.

-- Johnny (JLJTM@BELLSOUTH.NET), August 25, 1999.

Simply put:

CNN = Administration Mouthpiece = Spinners Supreme for the K-Man.

It may backfire on them if they are to far out!!

Ray

-- Ray (ray@totacc.com), August 25, 1999.

Keep your money in the bank! Well I feel better now knowing the power won't go out cause the factories will be closed. At least they didn't say the 2 or 3 days winter storm line. Keep your money in the bank!

-- Johnny (JLJTM@BELLSOUTH.NET), August 25, 1999.

Well, when Y2K screws the banks over, the power starts to go out, gas and food prices go through the roof, then maybe people will learn that the Creators of Bleating Sheeple (CBS), the American Bull**** Company (ABC), and National Brainwashing Corporation (NBC) are all liars.

Of course, it might be too late for them by then.

God, I need solar panels...

Tim

-- Tim the Y2K nut (tmiley@yakko.cs.wmich.edu), August 25, 1999.

The main message coming out of the gov't/banking establishment these days is "Keep your money in the bank"; that's what scares them the most, which is one of the best reasons to take your money out of the bank. The only prudent thing to do is to cash in your stocks, bonds, money market funds, savings accounts, etc., hide the cash in a safe place (this really isn't very hard to do) until next March and see what happens.

If Y2K is just a bump in the road, you can re-invest everything in April and you'll have lost only a few months interest or income on your money. On the other hand, if Y2K is a screaming disaster, you'll be one of the few people with any money, which will make you very rich indeed. This is simple common sense.

-- cody varian (cody@y2ksurvive.com), August 25, 1999.

Hmmmmm...........

Interesting..........

Your saying your money is safer in a mason jar than in an account?

Maybe it's safer in a Maxwell House coffee can buried in the backyard??

How about under the mattress........no on will ever find it there!!!

These guys don't know shit!!!! Yall are the ones with all the big brains..........right gang?????

Remember lurkers, this is a very small group of paranoid mensa rejects that will tell you they know everything there is to know about everything....... Deano

-- Deano (deano@luvthebeach.com), August 25, 1999.

"Remember lurkers, this is a very small group of paranoid mensa rejects that will tell you they know everything there is to know about everything......." Deano

I was in MENSA (one meeting only - but I qualify).

Get your money out of the banks *now*.

Yes, all of it.

I'm certain you can find good places (emphasis on plural) to hide it.

-- Banker (don't@trustus.sap), August 25, 1999.

Is it against the law to assist in bank runs?

-- runs (not@mybank.right), August 25, 1999.

Tried mensa, didn't like it. They were as clueless as pollies.

-- bw (home@puget.sound), August 25, 1999.

[reprinted for research/education purposes:]

ATMs said to be Y2K ready

Automated teller chief: 'It will be business as usual'

August 25, 1999 Web posted [on CNN] at: 11:28 a.m. EDT (1528 GMT)

WASHINGTON (CNN) -- Consumers were reassured Wednesday that automated teller machines will be glitch-proof four months from now when the calendar turns to the year 2000.

"There is no need to hide $20 bills under your mattress or bury cash in your back yard, because, come the first of the year, it will be business as usual," said Philip Valvardi, president of MAC, an electronic funds network with 40,000 ATMs in the United States.

Fears stem from the millennium bug -- also called the Y2K bug -- a problem that could cause some computers to read the year 2000 as 1900.

Making ATMs Y2K compliant has been a top priority for banks, the networks that link them and federal regulators who have overseen efforts to be ready for the new century.

"ATMs are seen as a real key to consumer service, and institutions have been testing and re-testing those systems," says Donna Tanoue, head of the Federal Deposit Insurance Corporation.

For example, the MAC network of ATMs has done a "very extensive series of such tests," says Valvardi. "And all along the way, we have communicated with both our customers -- the banks -- and also with consumers, to let them know we will be ready."

In all, nine major ATM networks process more than two-thirds of the nearly 5 billion ATM and point-of-sale transactions that occur in the United States each year.

Potential problems

If there is a weak link in the chain, it's with subcontractors hired by ATM networks to manage and complete the transactions customers make. They might experience Y2K failures of their own, as could telephone companies and electric utilities.

"Then, of course, the availability of cash ... would be affected," says Stan Paur, CEO of Pulse, another ATM network. "Obviously," says Valvardi, "we can't guarantee certain elements that are out of our control, but we are confident that working with vendors, such as the telecommunications companies ... that they will be ready to support us, come the first of the year."

Advice

Industry officials say travelers in the United States won't have problems using ATM networks away from home over the New Year's holiday. But it could be an issue for overseas travelers.

The general rule of thumb is: Treat Y2K like a long weekend -- withdraw a little extra cash and keep the rest in the bank.

Because consumers concerned about Y2K problems could want extra money in their pockets, the Federal Reserve Board is making sure there's enough to go around. It's increasing the amount of money it is printing this year by $50 billion.

But since no one can give a 100 percent guarantee against Y2K failure, the best advice for ATM users is ask your bank about its preparations. And, just to be safe, keep good financial records on your own.

* * *

Reporter Jonathan Aiken contributed to this report, written by Jim Morris

-- M.C. Hicks (mhicks@greenwich.com), August 25, 1999.

Could this mean that the bank run has already begun??

At some point, if the ONLY message that filters through is "Don't take your money out of the bank!!!!!!(panic)!!!!" even the sheeple will have it figured out.

-- K. Stevens (kstevens@ It's ALL going away in January.com), August 25, 1999.

Boy, for the very first time in my life, I'm actually glad I don't have any money. In the bank or under the mattress (but I do have food and water...!)

Knock, knock, knock? CNN? Who do you think is home watching at 11:30 AM, hmmmmm????????

-- mar (derigueur2@aol.com), August 25, 1999.

Deano,

I'm convinced you are likely a banking shill. Why? You harp and harp on this one theme: "don't take your money out of the banks." Previous exchanges with you prove you are not stupid, i.e., you are not motivated to repeat this inanity by some personal obsession that is blind to the facts. You know the facts: that some 40% of ordinary people plan to take their cash out of the banks. This will crash the system. Yet you tell people to lose their money on some ill-defined sense of loyalty or principle. To what? To a privately owned, profit-making system that is designed to be vulnerable so that it can rake in huge profits while we take all the risk? I don't think so.

alarmist

-- alarmist (alarmist@sheep.pen), August 25, 1999.

Alarmist,

A VERY astute observation on your part !! Deano reacts incoherently when the subject of banking comes up. He should study up on the Fiat money system he so ardently supports.

When the ABA reverts to asking Clergy to SHILL for them you know there are MAJOR problems just around the corner.

Ray

-- Ray (ray@totacc.com), August 25, 1999.

Classic. If the electricity fails, they'll use gas and oil to heat their homes. And what pray tell will keep the power flowing to the facilities of the natural gas and oil companies? Jesus, they get more retarded as the day grows closer. And I just love the ATM thing. Keep your money in the bank. If you think that's a hoot, just watch your local officials B.S. their way through a press conference.
The clock is ticking.
The two minute warning has sounded.
Too bad no one is watching the game. John

-- John Galt (jgaltfla@hotmail.com), August 25, 1999.

I guess the clueless newbyte person never used oil to heat with, you need ELECTRICITY to function an oil furnace. sheesh....

-- Sammie Davis (sammie0X@hotmail.com), August 25, 1999.