Ron Paul: "Capital Control is People Control!" C2 Commeth? Anthony Gucciardi directly calls JP Morgan Chase Bank to find out!Submitted by AnCapMercenary on Thu, 10/17/2013 - 06:47
Because apparently, the JPM drones cannot see the irony in telling their customers that banking with them, is essentially a "dangerous" affair:
Confirmed: Chase Ordered From Top to Hold Cash, Wire Transfers
Published on Oct 16, 2013
Bank admits they don't know why this is happening.
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 They indicated that customers would have to pay a fee on every dollar withdrawn over the limit.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. Chase told us customers would have to upgrade to much more expensive accounts to avoid the capital controls, meaning larger corporations will not be affected. 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 in large quantities.
Chase Employees Admit Orders from Top to Limit Cash for ‘Unknown Reasons’
Chase information center employees admit ‘orders from the top’ were issued to limit finances for reasons that even they do not know
October 16, 2013
Following the documented reports that Chase bank had been limiting overall cash withdraws from various accounts and freezing wire transfers, I decided to get to the bottom of the issue and call the nationwide Chase information line. What I found is that not only did every business account owner receive a document detailing strange measures to limit their overall account usage to a $50,000 maximum and the complete restriction of wire transfers, but that even the Chase employees themselves had no idea why the measures had been instituted.
Instead, they simply told me that the orders ‘came from the top’ and that not even the highest level managers at the information center knew why they had been instituted. But what’s more, I was also told that these ‘regulations’ may also hit other banks around the country. When speaking to the supervising manager on the account caps and transfer restrictions, I was told that the entire thing could be the result of ‘regulation’, which may have actually stemmed from government higher ups.
Chase Bank Chases Away Customers
Published on Oct 17, 2013
Capital controls imposed on small business owners.
Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers
Capital controls imposed on small business owners
Paul Joseph Watson
October 16, 2013
Chase Bank has moved to limit cash withdrawals while banning business customers from sending international wire transfers from November 17 onwards, prompting speculation that the bank is preparing for a looming financial crisis in the United States by imposing capital controls.
Numerous business customers with Chase BusinessSelect Checking and Chase BusinessClassic accounts have received letters over the past week informing them that cash activity (both deposits and withdrawals) will be limited to a $50,000 total per statement cycle from November 17 onwards.
Another letter (PDF) received by Peak to Peak Charter School, an Elementary School in Colorado, states that the option to send both international and domestic wire transfers has been withdrawn from Chase business savings account holders.
The image below shows two more examples of Chase business customers receiving the same letter.
October 16, 2013
(NaturalNews) I admit that when I saw today’s breaking news on InfoWars.com about Chase Bank limiting cash withdrawals and banning international wire transfers, I was skeptical. Many readers didn’t believe it, either. So just to check it out, I called my own accounting team to ask if we had received a similar letter from Chase, announcing that no international wire transfers would be allowed after Nov. 17th.
FLASHBACK: "Capital Control is PEOPLE CONTROL!"
Just remember what the Good Doctor Ronald Ernest Paul has always said about "capital controls:" a definitive sign that you're not living in a 'free country!'
Ron Paul's Texas Straight Talk 5/28/12: Capital Controls Have No Place in a Free Society
Published on May 27, 2012
Ron Paul Says The Border Fence Built To Keep Us In
Uploaded on Sep 7, 2011
In Wednesday's GOP presidential debate Ron Paul (R-TX) suggested a fence along the U.S. Mexico border could be used to keep Americans in.