This page has been archived and commenting is disabled.
Justice Department Rolls Out An Early Form Of Capital Controls In America
Something stunning took place earlier this week, and it quietly snuck by, unnoticed by anyone as the "all important" FOMC meeting was looming. That something could have been taken straight out of the playbook of either Cyprus, or Greece, or the USSR "evil empire", or all three.
This is how the WSJ explained it:
The U.S. Justice Department’s criminal head said banks may need to go beyond filing suspicious activity reports when they encounter a risky customer.
“The vast majority of financial institutions file suspicious activity reports when they suspect that an account is connected to nefarious activity,” said assistant attorney general Leslie Caldwell in a Monday speech, according to prepared remarks. “But, in appropriate cases, we encourage those institutions to consider whether to take more action: specifically, to alert law enforcement authorities about the problem.”
The remarks indicate that banks may be expected to do more than just file SARs, a responsibility that itself can be expensive and time-consuming.
Some banks already have close relationships with law enforcement, said Kevin Rosenberg, chair of Goldberg Lowenstein & Weatherwax LLP’s government investigation and white collar litigation group. Ms. Caldwell’s remarks “speak to moving forward in a more collaborative way,” said Mr. Rosenberg.
A tip-off from a bank about a suspicious customer could lead law enforcement to seize funds or start an investigation, Ms. Caldwell said.
What does this mean, and why is it so critical? Simon Black of International Man explains:
* * *
Justice Department rolls out an early form of capital controls in America
Imagine going to the bank to withdraw some cash.
Having some cash on hand is always a prudent strategy, and especially today when more and more bank deposits are creeping into negative territory, meaning that you have to pay the banks for the privilege that they gamble with your money.
You tell the teller that you’d like to withdraw $5,000 from your account. She hesitates nervously and wants to know why.
You try to politely let her know that that’s none of the bank’s business as it’s your money.
The teller disappears for a few minutes, leaving you waiting.
When she returns she tells you that you can collect your money in a few days as they don’t have it on hand at the moment.
Slightly irritated because of the inconvenience, you head home.
But as you pull into your driveway later there’s an unexpected surprise waiting for you: two police officers would like to have a word with you about your intended withdrawal earlier…
If this sounds far-fetched, think again. Because it could very well become a reality in the Land of the Free if the Justice Department gets its way.
Earlier this week, a senior official from the Justice Department spoke to a group of bankers about the need for them to rat out their customers to the police.
What a lot of people don’t realize is that banks are already unpaid government spies.
Federal regulations in the Land of the Free REQUIRE banks to file ‘suspicious activity reports’ or SARs on their customers. And it’s not optional.
Banks have minimum quotas of SARs they need to fill out and submit to the federal government.
If they don’t file enough SARs, they can be fined. They can lose their banking charter. And yes, bank executives and directors can even be imprisoned for noncompliance.
This is the nature of the financial system in the Land of the Free.
And chances are, your banker has filled one out on you—they submitted 1.6 MILLION SARs in 2013 alone.
But now the Justice Department is saying that SARs aren’t enough.
Now, whenever banks suspect something ‘suspicious’ is going on, they want them to pick up the phone and call the cops:
“[W]e encourage those institutions to consider whether to take more action: specifically, to alert law enforcement authorities about the problem, who may be able to seize the funds, initiate an investigation, or take other proactive steps.”
So what exactly constitutes ‘suspicious activity’? Basically anything.
According to the handbook for the Federal Financial Institution Examination Council, banks are required to file a SAR with respect to:
“Transactions conducted or attempted by, at, or through the bank (or an affiliate) and aggregating $5,000 or more…”
It’s utterly obscene. According to the Justice Department, going to the bank and withdrawing $5,000 should potentially prompt a banker to rat you out to the police.
This may be a very early form of capital controls in the Land of the Free. This is the subject of today’s Podcast. You can listen in here.
»
- 275909 reads
- Printer-friendly version
- Send to friend
- advertisements -
Napolitano was groomed by the AZ democrat party for a high position when she worked at Lewis & Roca in Phoenix.
Plus a trillion.
You sir, made my day.
BBW is a badge of honor and accomplishment for that group. However, many times it's just the first B
Then how do you explain Condi Rice and Lindsay Graham?
Lindsay Grahm looks like he likes little kids a little too much. That dude is just plain creepy.
Big Fat Box Chompers
Bring in the lawyers because that always makes thing's soooo much better.....
hmmm...goldberg, lowenstein, weatherwax, rosenberg...this is the white collar litigation group? something just doesn't seem right.
there's a familiar ring to this.
No down votes? Very strange. 2 for 1 sale at Panera or Starbucks, today?
There has to be some evil at work with this phenomenon because a lot of their victims even stick up for them.
Maybe the spell is wearing off?
@daveO: Nope, no sir, no sale anywhere: simply no sale concerning you.
Why do the names of law firms resemble those who died in the Holocaust?
Anything other than a payment to the tax man is a "suspicious activity" according to .gov.
doesnt say much about the health of the banking system, does it?
+1000
@lordylord: here it is again
https://www.youtube.com/watch?v=CzLe8R1bL4c
One of George Harrison's finest musical moments
"If you take a walk I'll tax your feet"
Banzai is the Chuck Yeager of political art. Always exceeding his previous records. Well done.
The Da Vinci of smartasses.
The Devil of Delight...
I think this qualifies as NEFARIOUS ACTIVITY!!
How much more evidence is required to demonstrate that the US is police state?
"The U.S. Justice Department’s criminal head"
Finally
Some honesty
Oh not just the head but other vital parts of the anatomy as well, I'm sure.
Thanks
It's been what, maybe a month since the DoJ and IRS said they were going to lay off the civil asset forfeitures?
And now they're telling banks to call the police on customers so they can do what... seize accounts via civil asset forfeiture.
Newspeak is for everyone!
Well, March Madness has started... They could tell you they're gonna come rape your daughter and nobody would listen...
They'll just change the terminology like they do for every other "offensive" word or phrase. This is how retarded becomes "mentally challenged", CTRL +P becomes "quantitative easing", systemic discrimination against white males becomes "affirmative action", and Al Gore needs a new pair of 24K gold shoes becomes "global warming--er, climate change". Look for civil asset forfeiture to now be known as something innocuous like "monetary repurposing" or "currency displacement".
It will never end...they just keep changing the name of the program. This time it's called "cold consent".
"The DEA Is Seizing Cash Without Warrants In Its Version Of Stop-and-Frisk"
Federal drug agents may be racially profiling and unjustly seizing cash from travelers in the nation’s airports, bus stations and train stations. A new report released by the Office of the Inspector General for the U.S. Department of Justice examined the Drug Enforcement Administration (DEA)’s controversial use of “cold consent.”
http://www.forbes.com/sites/instituteforjustice/2015/03/19/the-dea-is-se...
"You tell the teller that you’d like to withdraw $5,000 from your account"
j6p: haha
(as he stares at his pile of unpaid bills)
This is totally stupid. I had a pretty large savings account with BofA a long time ago. My son was heding off to college and I wanted to take out 10,000 in cash so he had some walking around funds for the first year. Of course they wouldn't let me, something about $1,000 per day at that particular branch.
Okay fine, I went online and transferred it all electronically to a credit union and closed my BofA account. Never underestimate the stupidity of the average bank worker or bank management. Just like dealing with your average government worker or management...
It was enough to get a call from the branch manager asking "why did you leave BofA". Fucking morons.
Moreover, now that banks don't pay any interest, J6P needs to put the cash under his mattress or in his own fucking safe. When the banks start to fold he can loan them some cash at 20%. Fuck em.
We're just taking out $500 to $2000 at appropriate intervals. The teller usually asks nicely about the cash withdrawals and we just say it's time to hit the casino.
Just look at her and say "Time to get drunked up and some women in Vegas"
"Hookers and blow, baby"
"Pharmaceuticals and the fleeting companionship of disturbingly young women."
Any more than two at a time is, like... exponential.
My credit union let me set my ATM card withdrawal limit to $420, so I can safely withdraw $400 at a crack. I only ever pay fees at proprietary ATMs like those in bars or convenience stores or bankster banks; places I don't go anyway. Even in Europe or Asia, no fees, and the same exchange rates I see on XE.com. So when I've got more cash in the bank than checks in the float, I go to the Walgreens a block from my house and take out $400 a day. Unfortunately, there's a body of water along the way, and I always wrap my FRNs in layer up on layer of waterproofing, with PMs tucked inside. The packaging always sinks to the bottom, next to the remains of my canoe. It's a damn shame, I tell ya.
My teller just smiles and asks if there is anything else they can do for me today.
I write a check to myself from one of my accounts and when I go to deposit it in another one of my accounts, I shave a couple grand off of it. (i.e., I get about 2k in cash when I make the deposit) I have never had any cashier at any of the banks say shit about it or ask me why I need/want cash...
Of course, whenever they try to talk to me in the drive thru (about anything, including the weather, I (1) never take my sunglasses off (2) try to appear otherwise engaged by something real important on my phone and (3) try to appear irritated that they are wasting my time by talking to me instead of doing their monkey job of completing my transaction... -works everytime...
You better start wearing false noses and ears while you're at it, because facial recognition technology will recognize you despite the sunglasses and you'll be uploaded to the NSA's terrrrrist database as a dangerously independent individual, with reeducation scheduled at your nearest Camp FEMA as soon as the shit starts cascading.
Then the cops come and shoot you because they think you are trying to rob the place
Just look them in the eye and say "I'm doing what banks hate, buying Gold"....You will never have a problem.
Gold Bitchez....I pick up pennies
Just look them in the eye and say "I'm doing what banks hate, buying Gold"....You will never have a problem.
Not only will you wind up with a SARS report, but the cops will be waiting for you in your garage with a nail gun. Never say a damn thing about trading fiat for gold.
It is much, much worse than that now. Both putting cash in and especially taking it out.
Branch people are just dumber than a moribund cow. Banks have tests they administer to id these "candidates".
So if they have a quota of SAR's to meet each month of course they will pick out the person with a successful bar/restaurant/Club etc. and get his assets seized. These banks could care less about customer loyalty or retention. The lobotomites they hire for the branches proves it.
I've never met one person in a bank who really knew how 'fiat fractional reserve banking' works, including the branch managers. When I've mentioned that term, I've always gotten a blank look of incomprehension. I've also told family members who work for banks (there's a couple in the extended family) - "Ah, you work for a 'legalized' Ponzi fraudster." - no response but a puzzled look. - - - At least at the retail level, they seem to hire those who just follow rote procedure. Of course, the worst are the big national banks. BAC sucks big time.
C'mon man. That would be like telling the soldier, marine or sailor the US military serves the services of the military-industria-banking complex and they are pawns in this giant game.
I had a similar experience with Chase Bank. I made an online electronic funds transfer to buy some silver coins. I noted this in the memo section. I got a call that night from Chase saying they won't allow the transaction - said it was too risky. I then wrote a check thru chase for the same purchase which went thru and proceeded to close my Chase account down. I now only keep a minimal amount of money in a local credit union to pay my bills.
You are a true Hero.
Most people will have to maintain one or more financial accounts, but there is zero need to enable the TBTF money center banks by lending them your assets.
My local branch manager informs me that "Chase is evil"; I kinda like the guy, even if he is a banker.
$10,000 for walking around money for an 18 yo. That sounds fishy. Please step into the vault for a minute while we close the door behind you
$10k for walking around money???? Damn dude. Around here that's two full months of home bills and food for the whole family!
Why wasn't I born to a rich daddy?
I guess the upside is that the stupid government scared the banks so much, and the banks file so many trivial SAR'S, that our activity gets lost in the sea of papers?
Of course that SAR against you can come back and bite you in the ass, but this is only if you come across their radar some other way.
In the real world, SAR's only really work if they are not filed for trivial reasons.
I was forced to fill out one of these stupid SAR forms recently. I made-up everything. Name: Ben E. Hill, Soc Sec # = 888-22-6030, etc. Nobody cared, nobody verified any of the info. What is the point?
And to that end, when is the last time anyone validated an electronic signiture of a credit card transaction? I most often draw pictures of cats, but sometimes I leave a message like "Invalid Transaction" or "Etch a Sketch".
Try sending money overseas,over $1500, and see what you go through.
Could you let us know where you bank? I'm interested.
Enough in to pay the bills, PERIOD.
Human devolution is really picking up speed.
Some already knew we were just hairless apes..
I probably read the Naked Ape too young.
It all the rest beieving they are something better that are the problem.
When you know your true place in the scheme of things, you can only improve.
The majority are wired to survive at someone else's expense.
Very few are human.
In a direct reverse proportion to the iPhone evolution.
Prepare to get spitzered.
You know, this sack of shit administration is the absolute worst i have ever lived under. I thought Nixon was bad, he was a saint compared to this garbage. Unbelievable.
Relax, the next one will be worse.
Believe it.
Hillary will strip you blind, 8 ways from Sunday, for eight years stright.
And at the end, we will all be frozen turds.
As soon as you realize that the money you have in your temporary possession, be it in your wallet, under your bed or in a bank account is NOT YOURS you will feel a lot better.
guillotines, gallows and firing squads (24/7) are comin' down the pike.
You sir, are an optimist.
More like Pol Pots killing fields.
If Americans ever wake up,it will be too late.
Take your glasses off, pull the degrees off the wall, and drive grandma's junker.
"Hiding in plain sight" is my middle name.
Shelter in place.....keep your head down.
Rule number one.....don't answer the door.
Dave's not here man.
Orwell 1984 is closer and closer
in the rear-view mirror?
It's a reality ALReADY. We are fighting for our rights at this moment.
Rights? They have taken those already with the Patriat Act.
Now they come for our Liberties.
It sure is. The other day I bought some KMnO4 (for camping) and got "60 questions", plus had to show ID. Now just need to find some Glycerine to add to it, as a fire starter. But good luck in finding that in a pharmacy these days.
Unbelievable! "Land of the Free"? What alternative universe do these f...king morons live in?
You can order glycerin from Wizard labs or just start calling all of your local E-Cig stores and see if any of them sell it in bulk.
Pure Glycerine is in the skin care dept. of all drug stores.
The conc. nitric acid is available from online retailors.You can also make your own.
Remember to cool it otherwise cooking off will spoil your day.
Don't make it in the house, Mrs Kirk will not be amused.
Very stable when frozen,as nitro cubes,do not add to your cocktails.
LOLOLO-FUCKINGL!
But he's going to have to go through the whole rigamarole for HNO3 and H2SO4 too.
Jewelry Supply has no paperwork. No problem.
You are REFINING GOLD after all, right?
70% Concentrated Nitric Acid and 98% Concentrated Sulfuric Acid are readily available.
Make sure that you ask for Sodium Metabisulfite, Ammonium Nitrate (another fun one), and Stannous Chloride. You also want to ask for some 32% Concentrate Hydrochloric Acid.
And you have to get some Zinc Dust. You can buy the Sulfur later for Flash Powder...or solid rocket fuel.
AS TO THE REFINING PROCESS...
Mixed 3 to 1 by volume, HCL to HNO3, that makes the Aqua Regia which dissolves the Sponge Gold and leaves it as Auric Chloride Ions in Solution.. A small amount of the Sulfuric Acid is added to drop any Lead out of solution (present in some solders).
(Of course you made Argentum with Sterling Silver and Karat Gold to make a 6 Karat Gold Alloy popcorn.) and boiled that in 70% Nitric Acid Concentrate beforehand to get the sponge Gold. The Silver remains in Solution as Silver Nitrate and will be dropped with Copper once the sponge Gold is removed. Then you take the sponge Gold and put that into the Aqua Regia sans any Silver.)
The Stannous Chloride is used to test for Gold in solution.
The Ammonium Nitrate is used to remove the Nitric Acid.
The Sodium Metabisulfite is used to drop the Gold out of the Aqua Regia.
The Zinc is added to drop the Palladium.
As I wrote you are REFINING GOLD AND PALLADIUM from Electronic Waste after all, right?
(Actually I am. I have lots to process.)
Perfectly legit....Right? It is.
No problem.
Just whatever you do...
Do not have a Thin Sealed Glass Container holding a mixture of Nitric Acid and Sulfuric Acid, next to a thin sealed glass container holding Glycerin, encased in a pipe, and throw it. DO NOT DO THIS.
That will make Nitroglycerin without using an Ice Bath for temperature control and the results would be rather explosive.
You would be guilty of a felony if you were to make Nitroglycerin and somebody might get hurt...including anybody reading this.
You NEVER WANT TO MAKE NITROGLYCERIN. Just adding the chemicals incorrectly and having the temperature rise would be enough to get an explosion. It is just too dangerous to even attempt to make it.
You need to be safe after all.
After all it is all about safety and we can forget about Liberty, right?
Of course someone will junk a legitimate process.
Over 150 NSA Tracking Devices (cellphones) destroyed.
The homeless are thanking Mr. Obama for their free shot of alcohol. I am thanking them for their cellphones as I gladly trade a Dollar to purchase them.
And the taxpayer takes it in the bunghole.
Get your Obama Gold today. Buy cellphones from the Free Shit Army..
Wal Mart Pharmacy. You have to ask but there is no paperwork.
You can possibly substitute Propylene Glycol. (Radiator fluid)
I have not tried it but I would expect similar results.
The definition of nefarious refers to someone who is very wicked.
Example : Adolf Hitler , who probably had no use for banks except to plunder them.
Be very afraid, citizen ! < of all governments >
I've got Nefarious Johnson on my fantasy football team. Does that count?
Yea its funny....you have $100,000 dollars in your account, that is ok. Want to withdraw $25,000? They send the cops in to take it because it is suspicius.
$25K?, try just taking $1K these days, it's like the whole place is alerted.
I had a new one happen to me last week- My son is active duty military and had to buy new uniforms before reporting to his next duty station. As a lowly E-2, he spent $1,000 (4 sets of uniforms) which virtually bankrupt him. He needed a couple hundred for tailoring and pocket money till next pay day. We don't bank at the same bank. I took $250 cash to a branch of his bank for deposit into his account. The teller asked me if I had an account with the bank. I said "no". She told me I either had to do a debt card transfer, personal check or money order- she couldn't take cash! Not even a measly $250 bucks! I had to go home, get a check and race back to get the $ into my sons account before the bank closed.
All I can say is; This country has gone flat out Orwell stupid! I don't recognize my country anymore. If the full on crash has to happen to re-set, bring it on. If we have to have a patriot revolution to bring back constitutional, free man rights, sign me up! And I know that my complaint here is trivial compared to the voluminous grievous violations past, present and future inflicted and planned for US citizens.
Was reading something from above yesterday saying that if we didn't see this coming then...
I'm just guessing a little since I have not charts and if I did I would miss some data like I know I will. The Flow of Capital(liquidity levels) are much worse since 2007 than they probably planned for:
- Backlog of Housing Foreclosures
- Backlog of Mortgage Late Payments
- Backlog of Existing Home Sales
- Loss of Investment from Pension Funds (Requiring Bull Stock Market to keep everything liquid)
- Loss of Capital of Trust Funds which to some degree ended up locked into Long Term Investments in Zombie Hedge Funds
- Loss of Personal Savings accounts to pay off high credit card Interest Debt
- Loss of Velocity of Money & Multiplier Effect in the Economy (Requiring Exponential FISCAL Spending)
- Loss of Manufacturing and other Good Paying, Good Jobs, which would put money into pensions, retirement funds, and Bank Accounts as Savings
- Basel III Capital Reserve Increases (or US Mandates)
I assume that the Cost of Education, Daycare, Auto Loans, and Health Care could dry up liquidity in some way
Yeah, it could be very tight will low investment and Flat Economy.
Why would anyone want an inflatable sex doll that is that fat and ugly?
Does it have a vibrator in it?
Anyone who didn't see this coming hasn't been paying attention....
Banks are just not the place to hold anything of value. Safety deposit boxes are the opposite of what they claim to be and now we're venturing into territory where we have to pay a bank just to keep a balance in an account.
All of these actions tend to drive deposits away from banks and in to other forms of wealth. When you drive your deposit base away and the banks end up with no deposits all they're floating on is excess reserves courtesy of the Fed. At that point they're really nothing but zombies.
Fed apparatchiks can yack all they want about reporting suspicious activity, the real crooks are always long gone by the time these things are implemented and the ones who suffer are honest people who just want to keep some cash on hand at the house. Besides, wouldn't telling people about this give away the game to begin with? What happened to non-reporting of activity because of national security?
Credit Union. If you must bank, go with a Credit Union.
the gov is the bank and the bank is the gov.......fuck em.....its their script anyway you just have to pay them a VIG for having to use it..
Why are all of these .gov douchebags so hideous looking? WTF?
Because they can't get jobs in the private sector....or get married....the deck has always been stacked against fat ugly women...ever seen pics of a NOW meeting?
>>>the deck has always been stacked against fat ugly women...ever seen pics of a NOW meeting?
Have you ever seen what a room full of CPAs employed by the IRS looks like? Basically, like the female portrayed at the top of this page, x100, and averaging out to a nice light brown. I suppose these ladies have some functioning neurons, but if they consituted the breeding stock for humanity's future, I say extinction now!
National Educators Association meeting
Big Gubmint wants control from birth to death and everything in between. Insane radicals like the heffer in the photo are through out the entire system. It will be getting a LOT more intrusive from here on out, at a much more rapid pace. These bastards are everywhere, and moron citizens that say " if you aren't doing anything wrong, then what's the problem" are just plain big gubmint tools or should I say fools!
No turning around, a person should fly as low as possible. Tree top level.
USSA! FUBAR! Freedom Fried!
Banks are putting themselves out of business.
What is the alternative to a bank?
My gun, dogs, and big ass safe.
As long as the safe is your designated decoy.
You do realize that by not having a bank account number.
You are a deemed enemy of the state.
Seriously? This is just fear mongering at its worst.
Tell that to the mom-n-pop shop-owners and restaurateurs who have had all their assets seized because they don't take credit cards and make regular cash deposits (and withdrawals). Without any evidence of any wrongdoing required, everything they have is confiscated. It's not even uncommon.
This is just fear mongering at its worst.
It's OK.....you can keep your doctor.
This is typical of the government's vacuum cleaner approach to law enforcement: gather immense amounts of information in the hope that some tiny part of it may be useful. All the while, they do not have enough people to review it. But the information can nevertheless be accessed in the future for political or economic backmail.
Using cash is like buying casino chips, only to be used in that establishment and their rules. Precious metals take you out of the rigged game and allow freedom to use whatever chits you want. The day will come when your green backs will be recalled and those who held large amounts will get fucked.
Come join us for free at www.gunsgrubandgold.com
So if pay the illegal emigrants( let in by Oby) mowing my lawn with cash would that make me a suspect? Or a socialist sympathizer?
The real question is. WHAT ARE YOU (MEANING EVERYONE OF YOU READING THIS) WILLING TO DO WHEN IT HAPPENS TO YOU? Or maybe your neighbor or your relatives. At some point soon you will look in the mirror and have to decide I'm a pussy and roll over and die or go down fighting.
it would be rather amusing to withdrawl $4999 in cash every day for 10 days in a row. guess which finger I'm holding up?
That's called "structuring" and will get you 10-20.
You are not allowed to not be tracked; remember this shit when you celebrate this 4th of July how free you are in the land of the brave.
The United States is dead, the corpse just doesn't stink bad enough yet I guess for anyone to care.
You WILL be caught. It's called structuring(yes). They have pattern matching algorithms.
You can't take out $2000. Not $5000.
Try it, watch the excitement.
Back in the day, my college dormate's dad was moving $9999/day for some Columbians. He got reported and prosecuted and eventually was taken out on a balcony of a Florida motel after turning and working for the govt. At the time of his arrest, he was a Columbian gov big wig. Even back then, they were well on to the $1 under bit.
Why would you remotely do that? You would take out money in random money in random amount near but nowhere near the limit at random days/times and at random branch locations in a fairly wide geographic area. If you travel for business, even better.
He was being a smart aleck kid who has no clues about the laws or being a guest at the Grey Hotel.
What do you get when you cram into a meat grinder some J.Napolitano, Phil Ford, and P(ant)S(uit)OTUS?
If your answer was that fat sloppy mongrel that fears depositors and not the banks, then you deserve a cookie.
the doj lulz lulz lulz
Some banks already have close relationships with law enforcement, said Kevin Rosenberg, chair of Goldberg Lowenstein & Weatherwax LLP’s government investigation and white collar litigation group. Ms. Caldwell’s remarks “speak to moving forward in a more collaborative way,” said Mr. Rosenberg.
LOFL - problem is, they should have a much closer relationship such being in fucking jail. We spend all this money and effort harassing what are probably 99+% lawful customers, and NOBODY is looking in to the fucking bankster and market fraud running rampant in this country. Oy vey.
That's why this quote from the article is so hilarious: "...bank executives and directors can even be imprisoned for noncompliance" Like they're going to imprison them for anything LOL!
In Canada this happens to me all the time, minus the police.
It's always some uppidy overweight bitch teller, who scowls when I say I want to withdrawl a few thousand. They ask why, I tell them for hookers and blow. Works like a charm.
Now a crime to have money you worked for.
its not your (script) 'money'..........it is theirs and its dying......thats why you cant have because they need it to keep the ponzi going for one more day.....
Capital controls have been in place in America for a long time. Try moving out of the US and wiring a sizable sum to your foreign bank. It can be a v ery stressful experience - even when you have held the monies at the US institution for 30+ years. The current exchange rates are a little depressing at the moment - devaluing the money we have pulled out of the US - but what goes around comes around.
The Great American Diaspora from 2004 - 2020.
Think i'll go withdraw not 5k, but 10k cash and go spend it all on weapons and ammo and see how the fucking clowns like that. As far as raising red flags mines been up for a long time so who gives a rats ass. Fuck these morons.
purchase of 2 or more pistols (not sure about long guns) triggers the dealer to fill out yet another form so you can be checked up on. I suppose if you buy one at a time at different shops then it does not apply........
No, it doesn't apply if you purchase two handguns at two different places. I know from personal experience. It also helps if you have some lag time between those purchases. In my case, a week was all that was needed.
What kind of lunatic would keep $5,000 in a bank today?
bullshit..the manual actually reads:
https://www.ffiec.gov/bsa_aml_infobase/pages_manual/OLM_015.htm
but don't let the facts get in the way....carry on and downvote
No No, You saw something and said something. Good boy. Nothing for you to worry about. Now you get a cookie...yeah for government!
actually...all I am doing is pulling it from the site, not rewording anything as ZH did... However...this is also on the site: No bank, and no director, officer, employee, or agent of a bank that reports a suspicious transaction may notify any person involved in the transaction that the transaction has been reported. A SAR and any information that would reveal the existence of a SAR, are confidential, except as is necessary to fulfill BSA obligations and responsibilities. For example, the existence or even the non-existence of a SAR must be kept confidential, as well as the information contained in the SAR to the extent that the information would reveal the existence of a SAR.78 Furthermore, FinCEN and the federal banking agencies take the position that a bank's internal controls for the filing of SARs should minimize the risks of disclosure.
just a wee bit fucked up...eh?
No I don't think your a troll. I just know if government did it it's wrong. I don't think ZH would change words in same old who gives a shit stories to give people a place to vent and record all responses. Venting gets you to the point where you don't give a shit instead of hanging the guilty parties from the nearest ceiling fan, so the stories will persist and no one will do a fucking thing to stop it. Get programmed and quit caring.
Pablum
thanks for setting me straight. and sorry for calling you out, it was un-called for.
I think I should have done my due diligence and put this into a question form as in : ZH says "X"..the site says "Y"...rather than shooting from the hip half cocked. take care.
At least we didn't get blown to bits today like some people.
indeed. its fucking nuts. what a horrible thing to have to deal with.
Could be wrong, but think he was referring to:
Using just that criteria though, seems the management of most banks should be getting ratted out and in jail by now. Somebody ain't doing their job.
The reason why the Canadian government warns their citizens not bring cash into the US, because it's been confiscated to the tune of billions? Are all Canadians criminals?
The cops are so stupid, they think thats an ausie accent.
Hey, This guy is quoting what the law SAYS....
It Don't make a fuckin difference what the law SAYS...
They don't need no stinking badges.
The Law is what they SAY it is, NOT what it reads..
touché. the more I think about it, you are absolutely right. I am beginning to think I have read it incorrectly and missed something, or, assumed that they would actually comply to it. I got fucking brain farts today. case of the tards on a Friday. carry on and I will man up to the mistake.
No problem. Have a good weekend man.
you too. thanks.
Transfer your money to a brokerage account with checking.
Buy gold.
Burry it.
Mooo Cow signs devil shit
South American cartel money is exempt.
And Afgan CIA Heroin Billions.
...and nazi gold...and art.
Probably half the earnings of fortune 500 companies is laundered cash.
All the art in all the museums around the world was stolen by the Nazis from the Jews. It all needs to be returned to its "rightful owners".
Sign the back so next time we know who to return it to.
If I were able to go to my bank and withdraw that much money I'd brag about it because that's Breaking Friggin News, close to a miracle to me!
"You try to politely let her know that that’s none of the bank’s business as it’s your money."
You know better than that Tyler....
Why can the FED launder money by the trillions, but if Joe Blow withdraws 5k+ and the bankster SUSPECT something, no matter how ridiculous, he get investigated?
It's rhetorical.......I know the answer.