Tuesday, April 21, 2015

War On Cash

Letters are apparently going out to some JPMoragnChase customers announcing that cash will be prohibited from being stored in the bank's safety deposit boxes.

At the Collectors Universe message board, a commenter reports:

My mother has a SDB at a Chase branch with one of my siblings as co-signers. Last week they got a letter outlining a number of changes to the lease agreement, including this:

"Contents of the box: You agree not to store any cash or coins other than those found to have a collectible value."

Another change is that signatures will no longer be accepted to access the box. The next time they go in they have to bring two forms of ID and they will be issued a four-digit pin number that will be used to access the box then and in the future.
Professor Joseph Salerno of the Mises Institute writes:
 As of March, Chase began restricting the use of cash in selected markets, including Greater Cleveland. The new policy restricts borrowers from using cash to make payments on credit cards, mortgages, equity lines, and auto loans. Chase even goes as far as to prohibit the storage of cash in its safe deposit boxes . In a letter to its customers dated April 1, 2015 pertaining to its “Updated Safe Deposit Box Lease Agreement,” one of the highlighted items reads: “You agree not to store any cash or coins other than those found to have a collectible value.” 
Just last week,  Citigroup's top economist, Willem Buiter, wrote a report calling for the abolishment of cash as a sound policy.

Hide your wallets, the banksters are on the move.

Saturday, February 21, 2015

Ukraine Shelling Donbass

submitted by SomeoneOnThelnternet
(This is just since the beginning of THIS year)
Interesting tidbit. The shelling nearly stopped - or maybe I just haven't seen the videos, but after DNR/LNR went on the offensive, Ukraine stopped shelling cities. How dare these "terrorists" defend their homes from a tyrannical government?

Thursday, February 12, 2015

Sunday, February 8, 2015

Explosion In Donetsk

Obamas Drone Inquisition

Obama’s Drone Bombings Have Killed More People in 6 years than the 300 year-long Spanish Inquisition

 (by Jim Hoft, Gateway Pundit) -- On Thursday at the National Prayer Breakfast Barack Obama attacked Christians equating the barbaric actions of ISIS to Christianity.
The President used his warped and adolescent version of the Crusades and Inquisition to bash Christians.
He also blamed slavery and Jim Crow laws on Christians?
“Humanity has been grappling with these questions throughout human history. Unless we get on our high horse and think this is unique to some other place.Remember that during the Crusades and Inquisition, people committed terrible deeds in the name of Christ. And our home country, slavery and Jim Crow all too often was justified in the name of Christ.”
But truth be told, Barack Obama’s drone bombings have killed more people in six years than the 300 year-long Spanish Inquisition.

Patrick Poole at PJ Media reported:
On Monday of this week the Bureau of Investigative Journalism published their annual study of deaths from U.S. drone strikes, and reported the following:
At least 2,464 people have now been killed by US drone strikes outside the country’s declared war zones since President Barack Obama’s inauguration six years ago, the Bureau’s latest monthly report reveals.
Of the total killed since Obama took his oath of office on January 20 2009, at least 314 have been civilians, while the number of confirmed strikes under his administration now stands at 456.
Research by the Bureau also shows there have now been nearly nine times more strikes under Obama in Pakistan, Yemen and Somalia than there were under his predecessor, George W Bush.
According to Wikipedia there were 1303 executions during the 300 year Spanish Inquisition. Another study put the execution total at around 2000 deaths.

Child or militant? 6th-grader killed in US drone strike in Yemen (VIDEO) - http://rt.com/news/230131-yemen-child-killed-drone/

 Another terrifying look at the "drone war"

UAV Pilot

Saturday, January 31, 2015

Amro Banker Dies

Shepard Ambellas
January 27, 2015

(INTELLIHUB) OVERVEEN, Netherlands — ABN Amro banker Chris Van Eeghen allegedly committed suicide in is home Monday, marking the fourth Amro banker to die in 4-years, and the 39th banker to die in the last 13 months, in an unusual string of deaths.
ABN Amro banker Chris Van Eeghen
Neighbors and colleagues of Van Eeghen describe him as an extremely nice guy, pointing out how they were shocked by his death.
Van Eeghen previously attended the University of Buckingham, studied law and was also a football player.
He was considered a professional banker with a good reputation.
Although some can’t beleive Van Eeghen committed suicide, it’s worthy to point out that his Facebook page was recently changed to read “former” head of syndicate, ABN Amro Corporate Finance & Capital Markets, as reported by Quote 500.
Van Eeghen’s girlfriend wrote in an email, “We were like boys in dealings among themselves, talking about women, the world. That was perhaps also the friendship I had with him, my courage and freedom versus his humor. To accept his death I assume that Chris wanted freedom, this was the way to take his freedom. He was always thinking of others. He kept neatly in earthly life.”
Van Eeghen had a son from a prior relationship, but lived alone, according to reports.
In 2014 Jan-Peter Schmittman and in 2009 Fentener Vlissingen scion Huibert Boumeester both also committed suicide, both were ABN Amro employees.

This article originally appeared on intellihub.com and was used with permission. Author Shepard Ambellas is the founder, editor-in-chief of Intellihub News and the maker of SHADE the Motion Picture.

See 71 Bankers Dead for more on this...

Monday, January 19, 2015

Swiss 2015 Economy

Switzerland’s unexpected decision to allow its currency to float freely once more against the euro may have claimed another victim—Everest Capital’s Global Fund.
Bloomberg News, citing a person close to the firm, reported Saturday that Everest’s $830 million fund, its largest, took a bath after the Swiss National Bank unyoked the franc from Europe’s single currency this week. The Miami-based firm is run by Marko Dimitrijevic, a hedge fund veteran who has a long history in turbulent emerging markets.
The SNB’s decision to remove the three-year-old peg, a legacy of Europe’s debt crisis, left a number of financial firms reeling. One of the worst hit was retail currency trading firm FXCM was forced to take a $300 million lifeline from Leucadia National. Major Wall Street banks like Citigroup, Deutsche Bank and Barclays also took a hit. Read more

The Swiss central bank has pulled the plug on the euro and the euro has dived across the board and crashed against the Swiss franc. The Swiss franc has exploded against all currencies up 13% against the dollar as I write. At one stage it was down around an earth shaking 25%. Meanwhile gold, an analogue to the Swiss franc, has spiked $20.
So this is the background: During the euro crisis huge waves of hot money swamped the Swiss franc as fear of a euro collapse made international funds dash for safety. The Swiss franc is a renowned and historic haven for hot money in times of uncertainty. The Swiss franc span upwards out of control and threatened to crush Swiss commerce. This was terrible news for Switzerland. How can you export your goods to the world when your currency is so high it is better than gold?
The answer is to peg yourself to the offending currency–the euro–and buy it and other currencies to pull the price of your currency down. In effect you say, “you want my currency, then have it, I’ll print it.” You are then flooded with foreign currency reserves, which is a nice result and your currency doesn’t rise to the moon. You can always buy back your currency with that money later and probably turn a fat profit. Read more