According to a solicitation released on Dec. 4th, the Treasury Dept. is about to spend $200,000 on survival kits for all employees who oversee the federal banking system.
Every major bank in the U.S. will receive one of these kits, which includes water-purification tablets, a solar blanket, food, dust mask, a 12 hr. light stick, a 33-piece personal first aid kit and other survival items.
he survival kits must come in a fanny-pack or backpack that can fit all of the items, including a 33-piece personal first aid kit with “decongestant tablets,” a variety of bandages, and medicines.
The kits must also include a “reusable solar blanket” 52 by 84 inches long, a 2,400-calorie food bar, “50 water purification tablets,” a “dust mask,” “one-size fits all poncho with hood,” a rechargeable lantern with built-in radio, and an “Air-Aid emergency mask” for protection against airborne viruses.
Survival kits will be delivered to every major bank in the United States including Bank of America, American Express Bank, BMO Financial Corp., Capitol One Financial Corporation, Citigroup, Inc., JPMorgan Chase & Company, and Wells Fargo.
Items will also be delivered to OCC offices across the country, from Champaign, Ill. to Billings, Mont. The agency also has offices in Sioux City, Iowa; Joplin, Mo.; and Fargo, N.D.
The mission of the OCC is to “ensure that national banks and federal savings associations operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations.”
The agency has roughly 3,814 employees, each of which would receive a survival kit. The staff includes “bank examiners” who provide “sustained supervision” of major banks in the United States.
“Examiners analyze loan and investment portfolios, funds management, capital, earnings, liquidity, sensitivity to market risk for all national banks and federal thrifts, and compliance with consumer banking laws for national banks and thrifts with less than $10 billion in assets,” the OCC website explains. “They review internal controls, internal and external audit, and compliance with law. They also evaluate management’s ability to identify and control risk.”
It is not clear why the Treasury Department is ordering the kits. Contracts for survival kits are usually made for the military, or law enforcement such as the FBI.
The OCC did not return request for comment before publication of this story.
I’m in the military and worked with other businesses to standardize the “Shelter-in-Place” program. It’s only for short periods in case of natural disasters. Mainly for the employees to be able to survive until emergency services could reach them.
You can’t overspend forever…something’s gonna give
The SHTF is coming soon with the collapse of the US dollar green. China and Russia are in agreement to dump the dollar and trade with other currencies. That’s why the US and Saudi punished Russia’s economy by increased oils production to drive down prices. 80 percent of Russia’s income derived from oil export.
If the dollar crashes how are going yo pay china most of our debt is to them.
20% inflation or higher will make i easy!
For the same reasons that these big banks are buying and hoarding physical gold and silver……….figure it out!
Why is the tresury dept paying, i thought the federal reserve is privately owned?
But they have also bought tons of guns and ammo for agencies like the IRS and the post office. Agencies that haven’t had or needed them before, so why now?
Hmmm
Really we are worried about bank employes survival kits! What does it come with a butler and a maid!? When the depression hit, the wealthy started killing theirselves. So I wouldn’t worry about this c**p!