Cash is already running short! : LUSENET : TimeBomb 2000 (Y2000) : One Thread

MY friend just went to his ATM machine and it would only let him withdraw 50 dollar bills. Message on machine:"Due to abnormally high cash withdrawls, only $50 bills can be withdrawn from this ATM" Can the banks already be running out of 20's??

Also on a side note, HomeBase is now selling 55 gal. plastic barrels. In five years of shopping there I have never seen them sell these.

Looks like the herd is beginning to sniff the air!

-- Gary_King (, November 05, 1999


ROTFL...oh to have a dollar for everytime I have heard you Doomer morons say that the herd is beginning to sniff the air. How tired and old is that metaphor?


-- You Knowwho (, November 05, 1999.

yea gary the stampede is on.

-- 8 (, November 05, 1999.

How like a Polly...attack the messenger but ignore the facts...

-- Gary_King (, November 05, 1999.

Usually I have a fight when I try and cash checks over $500 at my bank. Today I went into the bank and all the clerks are wearing these stupid red Tee shirts that say Y2KOK. When I gave her $2500 in checks to cash and asked for it in $20s,10s and 5s, she never said a word. However, the gal next to her stuck her nose over there and asked why I didn't deposit it into my acc't. I told her I had too much in my checking acc't and that I wanted to get my balance down before Jan 1. She looked like she had been pole axed and started sputtering about MMF, Cds, etc. Then said they had no problems with y2k, etc. I let her sputter on for a while and then I asked for the statement of compliance. She handed me a "ready" statement. I said I wanted a compliance statement and I wanted one that had been independently varified. By this time a small crowd is eavesdropping and this woman's blood pressure is at stroke level. I then asked her if she had read the statement of non readiness from the Central Bank in Basal, Switzerland and was she aware of all foreign transactions having to go through this bank. I don't know that this is really true, but neither does she. She asked me if I believed everything I read (second time I have been hit with this one) and I said no, I didn't believe the bank's ready statement and as yet I hadn't seen a compliance statement. In the meantime the other teller had been counting my money out and I picked it up and left. It felt good to tell them what I actually felt and thought. I am tired of pussyfooting around with the banks. Unfortunately, people don't pay wages or mortgage payments in cash anymore.


-- Taz (, November 05, 1999.

I went to the ATM yesterday and got ALL 50's. In 20 plus years of using ATM's I have NEVER gotten a 50 until yestersday.

-- John Beck (, November 05, 1999.

So, Taz...where and when do you usually do your banking...?

I'm kidding. Don't really post it.

-- You Knowwho (, November 05, 1999.


Your two biggest mistakes:

1.) You tried to provoke that person into having a stroke. I can see it now, you wouldn't have believed a thing she said no matter what so what does anything you say matter?

2.) You were asking a simple teller about stuff she has no experience with. How come you didn't ask for a list of names of the people who were contacted to do the remediation work? They could have told you what you wanted to hear (or what YOU DIDN'T want to hear, as the case may be).

As for the original doesn't sound like this is necessarily Y2K related. It DOES happen so often that a bank has an abnormally high amount of withdrawls. Who knows what the reason could be. To presume that it is because "the herd is sniffing the air" ( WHAT a repugnant term!!!), is wrong, and it's obvious that this is just one more post from someone reading into the facts while wearing crap colored glasses.

-- (COBOL@code.head), November 05, 1999.

Ok. I was wrong. The herd is hyperfolating.

-- Gary_King (, November 05, 1999.

Tax, Good for you. It was not her business to provoke you and tell you what to do with your money.

-- Mara (, November 05, 1999.

nope. i think the herd is "sniffing" -- we noticed our hotline calls increased a bit this week and became less squishy (meaning before they were kind of squishy/vague) -- now they are a bit more intelligent/pointed. real questions.

about those 50s--makes sense doesn't it? they will probably try to work from the top down and force people to take the bigger first. i noticed for the first time yesterday that my 20s (where the bank has started limiting bank withdrawals) were all crinkled/used -- not the nice new ones i always get.

-- tt (, November 05, 1999.

The point is, COBOL NoBrain, that there is no independent third party verification of the bank's Y2K status. Furthermore, most banks aren't even claiming "compliance"; they say they're "Y2K ready", which has no meaning whatsoever. I'm sure Custer was ready for the attacking Indians, as ready as he could be, but he and his yankee cavalry were still slaughtered.

If the lady from the bank did not know what she was talking about, which is apparent, then she shouldn't have begun the conversation in the first place. But since she was a smug, arrogant maroon like you, she ended up looking like a fool. At least she's still alive, which may not be the case for you or her in about three months. What a shame.

-- cody (, November 05, 1999.

What part of the country are you in? I've never seen the ATM's around here spit out anything but 20's...

-- James Collins (, November 05, 1999.

John - about those 50's: you've obviously never used an ATM in Las Vegas - they use $100 bills!

Just a <> note of levity here.


-- Jollyprez (, November 05, 1999.

I was in a Wal-Mart yesterday and handed the clerk the correct amount of cash and change. She said,"Thank goodness you gave me the correct amount. The last three customers handed here $100.00 bills for small purchases."

Think these folks were Y2K mattress stuffers?

-- (, November 05, 1999.

So the other day I'm counting my cash that I've been slowly collecting since last May or so, and I'm going through a group of $5 bills.

Suddenly my brain sees one of the bills flash by and says to my hand, "Whoa, that one bill is different from the others!!! What is it counterfeit?"

So I stop counting and examine the bill more closely to see if it's counterfeit. Well, it sure looks different. It's darker, the paper's a little softer. What's this?

It says "This note is legal tender for all debts public and private and is redeemable in lawful money at the United States Treasury, or at any Federal Reserve Bank"

It also says at the bottom above FIVE DOLLARS, "Will pay to the bearer on demand"

How can this be you ask?

It's a bill from the 1950 series. What is it doing now in general circulation? I have no idea. Did someone die recently with money under their mattress from the 1950's, and a relative just spent it? Is this part of the extra cash reserve which is being rolled out?

It's still in pretty good shape, and the engraving of Lincoln is more well rounded than for current bills.

Any thoughts?

-- nothere nothere (, November 05, 1999.


Look for fine print saying "Payable to the bearer in Silver". This sounds like a Silver Certificate. Even if it doesn't have that desigation it has some value to collectors.

-- ExCop (, November 05, 1999.

Sorry ExCop,

This is a Federal Reserve Note, not a silver certificate.

The only other changes different from the above are the signatures, the micro printing arount the portrait, the date of the Treasury founding in the seal, and the old bill doesn't say "In God We Trust" above the Lincoln Memorial on the back.

Everything else is the same.

The reason I think it might have been due to someone dying is that I recently received a Weimar Republic DeutscheMark from the Hyperinflation period. A relative must have brought it back from a vacation to Germany in the late 20's. I hope we don't experience a similar situation here soon.

-- nothere nothere (, November 05, 1999.

cody Nolife,

The point is, Taz would have been the independent verification had he/she had the thought enough to ask the right questions. But instead he/she just spouted off and made the teller look bad in front of the customers. Y2K remediation isn't HER job, why the hell should she have to answer to some screwed in the head Doomer about stuff she is not involved with?

If Taz had half a working brain cell she would have asked WHICH company did the remediation and then follow up with them about the technical questions. As far as the logical world is concerned this is just a case of an ignorant doombrooder whining when she couldn't get blood from a stone.

-- (COBOL@code.head), November 05, 1999.

I work for a major bank. Word is that ATM's are being stocked with larger bills to accomodate larger withdrawls. Example: An ATM that previously gave out 10's and 20's was converted to only give out 20's. There are only a couple of cartridges in the machines, and the larger the bills, the more money that can be stored.

Doesn't seem to ominous to me...


-- Roland (, November 05, 1999.

Way to go Taz!!

Tell those clueless airhead bimbos to mind their own frigging business and hand over the cash!

-- Hawk (flyin@high.again), November 05, 1999.

Good for you Taz. Sure, with 20-20 hindsight (COBOL's MOnday Morning quaterbacking) you could have done a "better" job. But you did fine.

Got cash? Withdraw early and withdraw often.

COBOL -- get real. If some flunky is gonna hassle customers, they should at least have what ducks they can round up, in a row.

-- A (, November 05, 1999.

[[[[I work for a major bank. Word is that ATM's are being stocked with larger bills to accomodate larger withdrawls. Example: An ATM that previously gave out 10's and 20's was converted to only give out 20's. There are only a couple of cartridges in the machines, and the larger the bills, the more money that can be stored.]]]]

LOL. Larger withdrawals? Considering 95% of ATM's have a limit of 300-400$ per day, how can you make LARGER withdrawals? Maybe larger quantity of withdrawals?.....from people waking up. Is you bank manager downing a bottle of Maalox an hour yet?

-- Because (Banks@reIn.Trouble), November 06, 1999.


If you don't mind, I'd like to do a little modification on your standard motto...

Got cash? Withdraw NOW, and withdraw ALL OF IT!

Yes... I like the sound of that!

-- Hawk (flyin@high.again), November 06, 1999.

Yes, a larger "volume" of withdrawls. I thought that statement was pretty obvious.

My manager has ALWAYS drank (drunk?) Malox. Shaken, not stirred.


-- Roland (, November 06, 1999.

old folks may have the drop on the young'ns:

-- clayton (, November 06, 1999.

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