Paul Joseph Watson
Infowars.com
Updated October 17, 2013
UPDATE: Alex Jones: The fact that these
letters were being sent out to Chase customers was confirmed at the
time that we published, but in the last 24 hours we have confirmed that
even large businesses doing international transactions have also
received the same letters.
I personally visited Chase Bank and inquired about
setting up an account and asked if I could wire money out of the country
or withdraw the amounts of cash listed in their letter. I was told no,
and that I would have to “qualify” with them for a special type of
international bank account and would have to deposit huge amounts of
money and pay fees to be able to access those services.
What this constitutes is a war on cash and a war on
small business and individuals. Two years ago we saw a giant backlash
against Bank of America when they announced customers would be charged for using their own money via their debit card.
We have crossed the rubicon where now the currency has been so devalued
that you will have to pay money to have your money in a bank or use a
debit card.
In saying that international wire transfers are too much
of a risk, Chase Bank might as well be bankrupt because it is telling
you there is no money to withdraw.
This is where the mega banks have wanted to take us all
along – a total cashless society that destroys all privacy and allows
them to fine and fee the general population into serfdom. This is
clearly a major step towards capital controls as we saw with the Cyprus
bail-in.
We are now receiving reports from business partners who
we know well that they are being told by their banks that similar
regulations to those adopted by Chase are coming within the next few
months.
Chase would not be implementing a business killing
strategy like this unless all other major banks were also planning to
follow suit. What we see is mega banks leading the way to set the
precedent that all the others will follow.
Chase needs to issue a statement clarifying exactly why they are imposing these capital controls.
It is clear that these regulations are being enacted for three different but equally plausible reasons, all of which contribute to the ultimate goal of sacrificing the global economy on the altar of derivative monster zombie banks.
1) Capital controls to prevent money leaving the country as the US dollar continues to devalue. Note that Chase will allow international wire transfers coming in, but not going out of the accounts. Note that they are only concerned about “risks” when the money is being moved out of the account.
2) Forcing businesses to abandon cash and switching everything over to digital currency that can be more easily tracked, traced and controlled.
3) Part of the preparatory phase for Cyprus-style bail-ins where the government announces a new “tax” to gouge out a percentage of people’s savings.
Customers need to rally and speak out against this and
immediately move their money to smaller and local banks that will
promise to give them good service and not rake them over the coals. We
need diversity and competition within the banking system, not giant
zombie banks endangering the world economy with derivatives and cheating
their customers.
It should also be noted that JPMorgan Chase runs most of the welfare system and EBT cards and really constitutes the top of the pyramid in the corporate-banking-governmental structure.
Finally, we’ve seen the IRS attempting to bar Americans from leaving the country simply if the IRS has opened an investigation on them. This isn’t shades of tyranny, this is hardcore authoritarianism and everyone should be concerned. If you were planning on getting your money out of the country, now is the time. If you haven’t withdrawn your cash from the bank, you should have done it yesterday.
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