Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers

UPDATED: Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers
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Capital controls imposed on small business owners
Paul Joseph Watson
Updated October 17, 2013
BREAKING: Chase Bank Claims Concern About Capital Controls is an “Overreaction”

Image: One Chase Manhattan Plaza in NYC.
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 fees 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.
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.

Real News, Real Journalism

If you want to be entertained, use the corporate mainstream media (MSM). The MSM has an agenda to keep you in the dark about the operations of the Bilderbergers and the international bankers, the black ops, and the psychological operations against the American people. The MSM goes along with the creation of a New World Order, which is nothing more than world dictatorship where the common person becomes a slave or a corpse.

Investigative journalism died with Watergate, although legends such as Seymour Hersh keep slugging away at it in a limited framework. After a high-profile event (often orchestrated from the White House), the MSM questions the public information officer for the local sheriff, parrots what he says, and considers it has done its job. No hard questions, no digging.  If you want real news and true journalism, go to and alternative media has a more genuine approach to what is happening in our country.


Another glorious day for the establishment

[God willing, the Republicans will locate their backbones.]




From: Peter Hennessey

Sent: Thursday, October 17, 2013 7:05 AM
Subject: Another glorious day for the establishment

These are times that try men’s souls and the only right thing to do is to stand firm, not to invent rationalizations and cover for giving up. Today was one of those times.

But the establishment Republicans have once again turned against the base and sold out to the Democrats. It’s the same old story for over a hundred years — Socialism? Me too, but slower. THAT is the “establishment.”

Debt limit? Hike it.
Reduce spending? eh…. NO.
Repeal obamacare? No way.
Defund obamacare? Are you kidding?
OK, just please please pretty please, delay obamacare? Not in this lifetime.


Our elected officials are both representatives and leaders. But for some reason, when it comes to socialist ideology, they never fail to push it. If the people seem to be for it (for example, the New Deal), they are eager to jump on the bandwagon; after all, they are elected to represent the people and to do their bidding. But if the people are against it (for example, obamacare) then they are suddenly the leaders who know better than the people and they tell the ignorant rabble what’s good for them.

No, in the name of trying to find a solution, the establishment Republicans negotiated against themselves in offering concession after concession. Of course the only thing the Democrat thugs had to do is wait them out. What could be more logical? If your opponent is busy doing himself in, you just stand aside and enjoy the show. And what a spectacle, the establishment demonizing the few men of principle in their ranks.

Boehner should have been parading on the Capitol steps with signs decrying Reid’s intransigence. He should have lead rallies against obamacare, cronyism in obamacare exemptions, unrestrained spending, debt limit hikes, etc. He should have made the case for trimming government, using the furlough of “non-essential” workers as proof that the government is too big. He should have made such a spectacle of himself that the media couldn’t possibly ignore it, and therefore get his message out to the people. He should have refused to schedule a vote on anything like that obscene sell-out from the Senate, or adjourned the House so they CAN’T vote on it.

But of course he of all people would never do anything like that. He was among those, in 2010 and 2012, who was “explaining” the acts of life to the new TEA Party freshmen about how things are done in Congress — and that they can forget about getting anything done, they can forget about keeping the promises they made to the people who elected them. He made sure the fix was in; the TEA Party revolution of 2010 and 2012 was moot.

Don’t ask where this will lead. We all know where. The only question is, are we doomed to repeat the history of the USSR, where the slaves to the state had to wait for 3-4 generations to throw off the communist yoke? WHO WILL BE THE NEXT REAGAN, THATCHER AND POPE who will turn up the heat under our great grandchildren so they would see the light and free themselves?

With Common Core as their education standard, they won’t even know about Madison, Jefferson and the rest of our proudly exceptional history, their heritage and birthright.



Navy Yard shooting: Why did Homeland Security tell Swat team to stand down?

19 September 2013 Last updated at 19:36 ET

Navy Yard shooting: Swat team awaits answers

By Debbie SiegelbaumBBC News, Washington

Military personnel and workers returned to work at the Washington Navy Yard on 19 September 2013 Personnel returned to work at the Washington Navy Yard on Thursday

Members of a Washington DC Swat team who the BBC has learned were ordered not to respond to Monday’s Navy Yard shootings have yet to be contacted by the authorities.

The Capitol Police tactical response team was told by a supervisor to leave the scene instead of aiding municipal officers, sources told the BBC.

Meanwhile, the department has installed a new leader of the elite unit. No reason has been given for the decision.

Gunman Aaron Alexis killed 12 people.

The BBC has also learned that four members of the highly trained team have applied for temporary leave, as they “grapple” with the aftermath of the incident.

The Capitol Police department has not yet granted the request, nor given approval for them to use their own paid time off.

Command shake-up

Days after the shooting, none of the officers has been questioned by officials or investigators from a special panel that was convened on Wednesday.

Continue reading the main story

“Start Quote

They haven’t been given the courtesy of a debrief”

Capitol Police source

Members of the Containment and Emergency Response Team (Cert) are typically debriefed “right away, at the very least the following day” after an incident, a Capitol Police source said.

“[They] haven’t even been given the courtesy of a debrief… They have not even been given an answer as to why the decision was made that they should not respond,” the source added.

Another Capitol Police source close to the incident told the BBC: “No-one’s talked to these officers since this happened.”

On Thursday, members of the tactical unit, which has several dozen members, were told that it had a new leader, a Capitol Police source said. It is not clear why the command shake-up occurred.

Four Cert team members wearing full tactical gear and armed with HK-416 assault weapons arrived on scene at Navy Yard at 08:36 (12:36 GMT) on Monday, after reports surfaced of an active gunman at the complex at 08:20.

Continue reading the main story

Aaron Alexis

Aaron Alexis
  • Defence subcontractor IT worker who had a valid pass for Navy Yard
  • Reportedly suffered from sleeplessness, paranoia and hearing voices
  • Full-time US Navy reservist from 2007-11, ranked petty officer 3rd class
  • Said to have been Buddhist convert, he had gun-related brushes with law in 2004 and 2010

According to sources, an officer with the Metropolitan Police Department (MPD), Washington DC’s main municipal force, told the Capitol Cert officers they were the only police on site equipped with long guns, and requested their help stopping the gunman.

When the Capitol Police team radioed their superiors, they were told by a watch commander to leave the scene, the BBC was told.

On Thursday, FBI Director James B Comey Jr told ABC News it took roughly half an hour for armed police to arrive and engage Alexis. All 12 victims were killed within that time.

Capitol Police sources suggest “lives may have been saved” if the Cert team had been allowed to intervene.

On Wednesday, Capitol Police Chief Kim Dine appointed a “Fact Review Team” to investigate the department’s response to the Navy Yard shootings. It will report back on 21 October.

But on Thursday sources questioned the efficacy of such a panel.

They said Capitol Police officers had more confidence in the results of an independent FBI investigation which aims to uncover the facts surrounding the incident.

One officer close to the situation called the lack of communication from department leadership “unforgivable”.

‘Better off this way’

Details of the gunman and the shooting continue to emerge.

Alexis, a former Navy reservist, reportedly had a history of mental health problems and gun-related brushes with the law.

He had sought treatment for insomnia at two Veterans Affairs hospitals in the last month, according to media reports.

Law enforcement officials said the IT subcontractor had carved the messages “better off this way” and “my ELF weapon” on the stock of his sawed-off Remington 870 pump-action shotgun.

All victims were killed in hallways or their offices, not in the building’s atrium as media outlets previously reported.

Alexis also gunned down a security guard and took his Beretta handgun, Mr Comey said.


[“Stand down” is a familiar order in government-sponsored terrorism, such as 911 and Benghazi.]

And the Winner is . . . Rand Paul

(by Gerald F. Seib/Wall Street Journal) – At this point, it’s both an understatement and a statement of the obvious to say the government-shutdown showdown hasn’t been good for the Republican Party.  But there’s an exception to every rule…


“The winner in all this,” declared a senior congressional Republican last week, “is Rand Paul.”


Mr. Paul is jockeying with Sen. Ted Cruz to be the leading new-breed rebel with disdain for the ways of Washington and a wide libertarian streak. But Mr. Cruz, of Texas, won the lasting enmity of many in his party by leading the GOP into an ill-fated effort to defund Obamacare and a resulting shutdown of government, thereby helping send the party’s approval ratings plunging.


Mr. Paul played it cooler. The Kentucky senator was equally disdainful of President Barack Obama’s signature health-care program, but he said bluntly from the outset that Republicans simply didn’t have the votes to succeed in stripping funds for it, and he has called for reopening the government. The implication was that he wouldn’t lead Republicans down the primrose path of a failed defunding effort simply to score political points.


Similarly, while some in the party have sounded willing to push the U.S. government to default on its obligations rather than raise the nation’s debt ceiling, Mr. Paul said on CNN Sunday that such a strategy “is not a good idea.” He did, though, try to keep the focus on the policy debate where lots of Republicans think it should have been in the first place—the level of government spending.


Specifically, he argued for keeping in place the tough mandatory ceilings on discretionary spending known as the sequester, and he implied that is an area where GOP senators could hang together.


The upshot: Mr. Paul, once suspected by party regulars of being a wild-eyed libertarian radical, has emerged looking both principled and rational. That profile can’t hurt if he pursues his obvious interest in chasing the 2016 Republican presidential nomination.