Friday, October 18, 2013

Chase Bank's recent covert imposition on its small-business depositors is a warning that "the end is near." Not the end for the banks and banksters, rather for their depositors who they will rob. The 1999 repeal of the Glass-Steagall Act that had separated depository and investment banking now allows banks to commingle their deposits and investments. And because of the Dodd-Frank Act, banks can no longer be bailed out by the government. So the next crash will result in Cyprus-style “bail-ins,” meaning (legal!) confiscation of depositor funds in order to recapitalize the failed (criminal) banks. The FDIC doesn't have enough money to reimburse more than 0.25% of the victims, which may include you if you don’t take precautionary action soon. To learn more about this impending outrage, go here:

http://impactglassman.blogspot.mx/2013/09/not-only-are-your-savings-and-checing.html

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Home Headlines › Chase Bank confirms to Infowars that all business account holders were being subjected to cash & transfer restrictions

Chase Bank confirms to Infowars that all business account holders were being subjected to cash & transfer restrictions

Posted on October 16, 2013 by Stacy Herbert

Stacy Summary: While the US is negotiating ‘free trade’ deals, more and more domestic companies are not so free to trade. No doubt, the propaganda on tv will tell you that these small companies in America are FREE to compete with the likes of Walmart, etc. and that it’s their own failings which make them unable to outdo the clever, competitive Walmarts of the world. What we’re witnessing, however, is increasingly open system of systemic financial discrimination against all but the oligarchs and monopolists. And, finally, the whole Western world is being Cyprus’d, first slowly and then it will be as suddenly as in Cyprus.

Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers

UPDATE: Chase Bank confirmed to Infowars that all business account holders were being subjected to these new regulations. They indicated that customers would have to pay a fee on every dollar withdrawn over the limit. Given that even a relatively small grocery store or restaurant is likely to turnover more than $50k a month in cash payments, this appears to be part of a wider move to shut down businesses who mainly deal in cash. The bottom line is that banks think your money is their money and will do everything in their power to prevent you from withdrawing it.


Blogger's Note: The excellent video below provides definite proof of what will happen to depositors' money when (not if!) the big banks fail. Please take heed!!!

Money Is Not Safe In The Big Banks

http://youtu.be/jPsOopzp7e4

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