Treasury Department Seeking “Survival Kits” For Banks?

bugout-bag-cover

According to a solicitation to the Federal Government, the US Department of Treasury is seeking “survival kits,” more infamously known as “bug out bags,” for bankers and bank employees for every major bank in the United States.

The survival kits seem to be a popular item for Christmas this year. Stocked with emergency gas masks, solar blankets, emergency food and water, two-way radios, and emergency first aid kits, they have been on the Christmas wish list of most “patriots” and “preppers.” However, you don’t expect them to be ordered by the federal government for every bank employee in the United States.

It seems that the Federal Government is willing to spend up to $200,000 on these kits, to include a $3000 individual kit purchase limit. They also do not guarantee that will be the final amount.

The overall BPA ceiling value is $200,000.00. The Government does not guarantee that the total volume of work will be that amount. (Acquisitions Management)

The Office of the Comptroller of the Currency (OCC) has these “survival kits” being delivered to every major bank in the United States. The list of who will receive the bags includes Bank of America, American Express Bank, BMO Financial Corp., Capitol One Financial Corporation, Citigroup, Inc., JPMorgan Chase & Company, and Wells Fargo. Washington Free Beacon also obtained a delivery spread sheet which slated delivery of these bug out bags from Champaign, Illinois to Billings, Montana. The agency also has offices in Sioux City, Iowa; Joplin, Missouri; and Fargo, North Dakota.

They gave the following mission Statement to the press:

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.” (Washington Free Beacon)

This did not explain to the media or the American public what this had to do with why they would need survival kits. The type and size of the bug out bags on the government solicitation, which reads more like an end of the year wish list, are usually reserved for law enforcement and military in case of a national disaster or large catastrophe.  There is no known reason why the Department of Treasury or the OCC would believe they would need kits designed to survive without power and resources for days.

The only logical explanation this journalist could find is the end of the year spending spree by various departments of having to spend every bit of money they get in the budget so they don’t lose it the next year. It still does not rationally explain why a computer tech would need a solar blanket or gas mask.

The US government did not return the request for comment from the Washington Free Beacon prior to the initial report and have not responded to a request of comment at this time.

Courtesy of Mad World News

We deliver meaningful conservative American news that is not your normal agenda based Beltway bull.