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Largest Bank In America Joins War On Cash

Tyler Durden's picture




 

The war on cash is escalating. Just a week ago, the infamous Willem Buiter, along with Ken Rogoff, voiced their support for a restriction (or ban altogether) on the use of cash (something that was already been implemented in Louisiana in 2011 for used goods). Today, as Mises' Jo Salerno reports, the war has acquired a powerful new ally in Chase, the largest bank in the U.S., which has enacted a policy restricting the use of cash in selected markets; bans cash payments for credit cards, mortgages, and auto loans; and disallows the storage of "any cash or coins" in safe deposit boxes.

 

Buiter defended his "controversial" call for a ban on cash, as Bloomberg reports:

“The world’s central banks have a problem. When economic conditions worsen, they react by reducing interest rates in order to stimulate the economy. But, as has happened across the world in recent years, there comes a point where those central banks run out of room to cut — they can bring interest rates to zero, but reducing them further below that is fraught with problems, the biggest of which is cash in the economy.

 

In a new piece, Citi’s Willem Buiter looks at this problem, which is known as the effective lower bound (ELB) on nominal interest rates. Fundamentally, the ELB problem comes down to cash. According to Buiter, the ELB only exists at all due to the existence of cash, which is a bearer instrument that pays zero nominal rates. Why have your money on deposit at a negative rate that reduces your wealth when you can have it in cash and suffer no reduction? Cash therefore gives people an easy and effective way of avoiding negative nominal rates. Buiter’s note suggests three ways to address this problem:

  1. Abolish currency.
  2. Tax currency.
  3. Remove the fixed exchange rate between currency and central bank reserves/deposits.

Yes, Buiter’s solution to cash’s ability to allow people to avoid negative deposit rates is to abolish cash altogether. (Note that he’s far from being the first to float this idea. Ken Rogoff has given his endorsement to the idea as well, as have others.)

 

Before looking at the practicalities of abolishing currency, we should first look at whether it could ever be necessary. Due to the costs of holding large amounts of cash, Buiter puts the actual nominal rate at which the move to cash makes sense as closer to -100bp. So, in order for a cash abolition to become necessary, central banks would need to be in a position where they wished to set nominal rates much lower than that.

 

Buiter does not have to go far to find an example of where a central bank may have wanted to set interest rates much lower to -100bp. He uses (a fairly aggressive) Taylor Rule to show that Federal Reserve rates should have been as low as -6 percent during the financial crisis.”

As mentioned above, no meddling by a central bank is ever too extreme or too crazy for Mr. Buiter.

But now the banks themselves are getting involved, (as Mises' Joseph Salerno notes),

The war against cash has, up to now, been waged almost exclusively by national governments and official international organizations, although there are exceptionsNow the war has acquired a powerful new ally in Chase, the largest bank in the U.S. and a subsidiary of JP Morgan Chase and Co., according to Forbes, the world's third largest public company.

 

Of course , it is hardly surprising that a crony capitalist fractional-reserve bank, which received $25 billion in bailout loans from the U.S. Treasury, should want to curry favor with its regulators and  political masters and, in the process, ensure its own stability by helping to stamp out the use of cash.  For the very existence of cash places the power over fractional-reserve banks squarely in the hands of their depositors who may withdraw their cash in any amount and at any time, bringing even the mightiest bank to its knees literally overnight (e.g., Washington Mutual).

 

What is a surprise is how little notice the rollout of Chase's new policy has received.

  • 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."  Whether or not this pertains to gold and silver coins with no numismatic value is not explained. 

As one observer commented:

 

This policy is unusual but, since Chase is the nation's largest bank, I wouldn't be surprised if we start seeing more of this in this era of sensitivity about funding terrorists and other illegal causes.

 

Bet on it.

As we previously concluded,

We keep being bombarded by moves to restrict the use of cash and demands to ban it altogether. These demands seem to mainly revolve around two arguments:

 

one is that “only criminals need cash”, which is on a par with the absurd assertion that we should all be fine with Stasi-like ubiquitous government surveillance “if we have nothing to hide”.

 

The other one is that a cash ban would make life easier for the central planners who are actively undermining the economy with their policy of debasement.

 

We would argue that central banking and fiat money have done more than enough harm already and that the eradication of financial privacy has gone way too far. Money and banking should be freed from the clutches of government-directed monopolization and cartelization and should be returned to the free market.

*  *  *

In short, things in the already insane monetary realm are about to get a whole lot insane-er. But don't worry, the central banks are in full control.

 

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Thu, 04/23/2015 - 20:20 | 6024366 bytebank
bytebank's picture

+1
As long as the downside is greater than the upside people will remain quiet. Revolution is born from complete despair, nothing left to lose. Death is better than life.

Thu, 04/23/2015 - 21:01 | 6024500 Kirk2NCC1701
Kirk2NCC1701's picture

<-- Americans (are sheep and) WILL comply

<-- Americans (Home of the Brave) will NOT comply

@Bay of Pigs: "Banning cash = No freedom"

Thu, 04/23/2015 - 23:26 | 6024811 MonetaryApostate
MonetaryApostate's picture

Define "Americans", like if you can see where I'm going with that...  (Do the 90+ Million Amexicans count?  Legal or not...)

Thu, 04/23/2015 - 19:20 | 6024158 gwar5
gwar5's picture

Zactly! Yikes.

Thu, 04/23/2015 - 19:36 | 6024215 Cannon Fodder
Cannon Fodder's picture

I'm betting on or before Sept 23....

Thu, 04/23/2015 - 19:59 | 6024289 Weaponized Innocense
Weaponized Innocense's picture

Sir issac newtons end of days....

Thu, 04/23/2015 - 23:06 | 6024816 MonetaryApostate
MonetaryApostate's picture

"Paper money eventually returns to its intrinsic value - zero" - Voltaire

(Can't say we wern't warned WELL in advance...)

 

Fri, 04/24/2015 - 07:48 | 6025355 Lanka
Lanka's picture

Year 2060

Thu, 04/23/2015 - 19:42 | 6024234 Condition 1SQ
Condition 1SQ's picture

Am I the only one who gets blood pressure spike whenever I visit ZH?

Thu, 04/23/2015 - 20:00 | 6024294 espirit
espirit's picture

Ever watch CNN, CBS, NBC, ABC, or Faux?

Choose yer poison.

Thu, 04/23/2015 - 20:19 | 6024361 Vendetta
Vendetta's picture

Nope can't watch those propaganda outlets. ZH correlates quite well with what I observe everywhere I go and I travel a lot in the US.

Thu, 04/23/2015 - 22:35 | 6024737 lincolnsteffens
lincolnsteffens's picture

Stopped listening to that shit 5 years ago. Barely read a newspaper anymore. The deterioration in quality reporting started to accelerate rapidly when O J Simpson hit the news every day, all the time. I know people who hung on every detail for months. There I was trying to find out what was going on here and around the world and all there was was OJ. 

Thu, 04/23/2015 - 23:07 | 6024819 MonetaryApostate
MonetaryApostate's picture

Try infowars.com, whooosh!

Fri, 04/24/2015 - 05:41 | 6025241 The Navigator
The Navigator's picture

Which is why I never visit without a 5th of voldka

and never post after finishing the bottle.

;-)

Thu, 04/23/2015 - 19:55 | 6024271 Meta_Consciousness
Meta_Consciousness's picture

Destroying cash eliminates the actual liquidity flow upwards.

 

A buddy got excited to buy Iraqi dinars. " They're going to do a revaluation and I'll make a killing!" Except no one will ever buy those scripts FROM him. Forbes reports 80% of Iraq's cash is outside its borders. It's a way to inflow dollars to Iraq.

 

American cash is designed to flow outside the borders for electronic repatriation by foreigners. They can launder it better than Americans due to the irs.

 

Stopping the outflow of cash from America destroys banks' liquidity. 

 

Unless they don't need muppet money due to central bank intervention...oh shit...

 

 

Thu, 04/23/2015 - 23:24 | 6024855 samsara
samsara's picture

I said the same in my post above.  Plans are accelerating.  

They are nailing down everything the can as fast as they can on all fronts. 

THEY have heard the 2 minute warning.  The average citizen thinks it's 1st qtr.

Like the bankruptcy laws in 2005 was preemptive, so too are these actions.  

Thu, 04/23/2015 - 23:33 | 6024871 MonetaryApostate
MonetaryApostate's picture

Everything happens for a reason, it's just that many are too lazy to seek the truth....

(It's all by design, EVERYTHING you see happening bro, even the droughts....)

Damns OWN cities, towns, states, and the Army Core of Engineers can turn them on & off at will....

(Floods too then can be engineered, yes indeed, even earthquakes...)

Thu, 04/23/2015 - 19:14 | 6024147 dimwitted economist
dimwitted economist's picture

If those Fuckers hate us using their paper they must REALLY Hate us owning Gold!

Thu, 04/23/2015 - 19:25 | 6024175 A Lunatic
A Lunatic's picture

I heard an Investment adviser just yesterday telling a caller that unlike stocks, which allow you to own a portion of the company, gold has zero intrinsic value and relies solely upon the greater fool theory to make money on, and therefore should be avoided like the plague. And he was talking about PHYS! Unbelievable......

Thu, 04/23/2015 - 19:50 | 6024188 Supernova Born
Supernova Born's picture

Notice they make no mention of the storage of gold or PMs directly?

Why drive out the easy pickins when the confiscation comes?

Thu, 04/23/2015 - 21:37 | 6024598 snr-moment
snr-moment's picture

So buy silver.  500 ounces per tomahawk missile.

Thu, 04/23/2015 - 23:43 | 6024892 MonetaryApostate
MonetaryApostate's picture

Would you trade your gold coins & bars for food, water, guns, & ammo if you were starving & cash became trash, YES OR NO?

Would you trade 3 gold coins for food to feed your children if that's what the seller demanded?  (You bet your fooking last gold coin you will!)

Fri, 04/24/2015 - 02:30 | 6025144 Trucker Glock
Trucker Glock's picture

Question is, will anyone trade their food, water, guns, and ammo for gold?  I like gold, but it is true that you can't eat it.  It's toxic.  Unless you're one of the gold-eating bacteria, of course.

Fri, 04/24/2015 - 03:27 | 6025184 escapeefromOZ
escapeefromOZ's picture

quote " I like gold, but it is true that you can't eat it.  It's toxic.  "

Not sure about toxicity ....may be ingested in high quantities could be toxic but certainly not in micro quantities  Ever heard o colloidal gold health benefits ? what about silver ? Same story , and now it is used to dress wounds , disinfectant in washing machines and refrigerators . 


Fri, 04/24/2015 - 04:08 | 6025209 Trucker Glock
Trucker Glock's picture

The toxic part was sarcasm leading into the part about gold-eating bacteria, which is a theory of how some gold deposits were created.  Pure gold is inert in humans.  I've had food and booze with gold in them.  But, there are toxic gold compounds.

The point was, you can't make a meal out of a gold coin.  It has no nutritional value.

If the SHTF, will people that have life-sustaining resources trade them for gold?  That was the question.  I'm talking the real shit hitting the fan, not martial law and FEMA camps.  Apocalyptic type shit.  Back to barter.

Today, I would trade a chicken for a gold coin.  Post-apocalypse, I'll eat my chicken or trade it for something useful.

 

 

Thu, 04/23/2015 - 19:49 | 6024241 Condition 1SQ
Condition 1SQ's picture

That and Bitcoin, I'm sure they've got something up their sleeve to put that under their thumb.

Thu, 04/23/2015 - 23:45 | 6024894 MonetaryApostate
MonetaryApostate's picture

Crypto-currency seems like the most viable choice because of transactional tracking, but the Air Force sent up A LOT of RFID sattelites, so I'm betting on RFID all the way...

 

Thu, 04/23/2015 - 21:07 | 6024522 Kirk2NCC1701
Kirk2NCC1701's picture

If 'Mericans (90% of them) kneel like the Sheep that I suspect them to be, banning Cash make holding Gold almost meaningless -- since they would simply tax the shit out of it at the POS, or increase the Spread to the point that people won't want to hold it anymore.

The only exception to holding Gold, after cash is banned, would be in the long-shot hopes of outliving that regime, and seeing gold regain its historic status. Most won't hold their breath, a few might -- out of stubbornness and spite.

Thu, 04/23/2015 - 23:48 | 6024902 MonetaryApostate
MonetaryApostate's picture

Short Precious Metals FTW?

Thu, 04/23/2015 - 19:32 | 6024193 JLee2027
JLee2027's picture

Mark of the Beast - no cash

Revelation 13: 16-17

16

It forced all the people, small and great, rich and poor, free and slave, to be given a stamped image on their right hands or their foreheads,

17

so that no one could buy or sell except one who had the stamped image of the beast's name or the number that stood for its name.

Thu, 04/23/2015 - 19:59 | 6024283 Meta_Consciousness
Meta_Consciousness's picture

I'm not going to argue prophecy. 

 

But I will highlight that psyops consistently use malleable human emotion to exact a material gain. 

 

They know you know they know that verse states a mark is required for trade. They know you'll refuse it. No supernatural intervention is needed for them to manipulate you based on your belief.

 

If your game plan is published by an imperial power, it isn't your game plan. 

 

But Ezekiel is a great read. Barrel bombs don't level cities, though...

Thu, 04/23/2015 - 20:24 | 6024381 Billy the Poet
Billy the Poet's picture

They know you'll refuse it.

 

This atheist thinks that the forehead and hand marks could simply be retinas and fingerprints which everybody's already got right there for the scanning.

Thu, 04/23/2015 - 20:42 | 6024434 Meta_Consciousness
Meta_Consciousness's picture

The true soldier of Christ has no fingers or eyes.

 

Omg this makes perfect sense. As an altar boy growing up, I had trouble not ralphing during the hymn about not needing to see due to faith alone. I get it now. Should I learn Braille before or after I pluck my eyes out? Also, if I cut off my finger tips it'll be much harder to gouge my eyes out. Maybe I'll leave one finger. 

 

I'll have to make sure it's my longest one. For the reasons.

 

Ok ran into another problem. Do I use my nose for reading? I think another appendage is more sensitive, but might get me locked up for using it. 

Thu, 04/23/2015 - 20:52 | 6024469 Billy the Poet
Billy the Poet's picture

Although Jesus did once recommend plucking out one's own eye and cutting off one's own hand in certain situations I don't think that that is necessary here. Refusing to input your biological data into the database ought to be sufficient.

Allow the Big Guy a bit of poetic license.

Thu, 04/23/2015 - 22:43 | 6024755 Meta_Consciousness
Meta_Consciousness's picture

If I can offer Kurt the artistic license of your avatar, I can offer the biggest consciousness in the universe the biggest license of my feeble mind. 

 

Good call.

Thu, 04/23/2015 - 21:50 | 6024456 The Joker
The Joker's picture

The mark of the beast is the star of david.  Solomon's mark. 

The game will go like this.  They will promote the chip or PIT tag or whatever they will use.  They know people will refuse it and make a great deal of it on the majik box and radio about it being the mark of the beast.  Then Jews will be exempt for religious reasons and jews will get the star of david stamped on them to prove they are exempt.  Then people will follow suit, right into the trap, and get the mark of the beast.

 

By the way, I'm athiest, and I agree completely about your psyops statement.  I just like to know my enemy.  So, I see your psyop and raise you a double psyop.

 

Edit: The six-pointed star was an Egyptian occult symbol which King Solomon adopted when he went into idolatry and witchcraft and built an altar for Ashteroth (star). It was seen in Arab associations with Jews (and these were obviously cabalists) till the 16th century and the influence of the Cabalist Isaac Luria to the 17th century when Mayer Amschel Bauer used it on his door. Then he changed his family name to Rothschild…incorporating it into his family’s coat of arms. Finally, it became the insignia for zionism.

Acts 7:37-43 This is that Moses...to whom our fathers wold not obey, but thrust him from them, and in their hearts turned back again into Egypt... And they made a calf in those days, and offered sacrifices unto the idol, and rejoiced in the works of their own hands. Then God turned, and gave them up to worship the host of heaven: as it is written in the book of the prophets, O ye house of Israel, have ye offered to Me slain beasts and sacrifices by the space of forty years in the wilderness? Yea, ye took up the tabernacle of Moloch, and the STAR OF YOUR GOD REMPHAN, figures which ye made to worship them: and I will carry you away beyond Babylon.

Amos 5:26-27 But ye have born the tabernacle of your Moloch, and Chiun (Remphan) your images, the STAR OF YOUR GOD, which ye made to yourselves. Therefore, will I cause you to go into captivity beyond Damascus, saith the Lord...


Thu, 04/23/2015 - 22:50 | 6024777 Meta_Consciousness
Meta_Consciousness's picture

No. Venus completes a FIVE pointed star throughout our solar year. What star is on every flag of the planet? What is the morning light? Your six pointed star is found within the hexagon of Saturn's north pole. Something invisible unless one could travel faster than any ship we've created ( known) to date.

Fri, 04/24/2015 - 00:03 | 6024914 The Joker
The Joker's picture

The six pointed star is associated with the worship of Saturn. The mark of Cain was worshipped by the Israelites in the wilderness as the star of Remphan, which Strong’s Concordance identifies as Chiun.  Both Chiun and Saturn are identified as Cain.  Since Chiun and Cain are linked with Saturn, the planetary name for Satan, the mark of Cain was the mark of Saturn, a six-pointed star. The Kenites who claim to have descended from Cain wore the mark of the Tau Cross, the letter of Saturn, on their foreheads.  In ancient pagan mythology, Saturn ruled over the pre-Flood kingdom of Atlantis and became the divine ancestor of all earthly patriarchs and kings.

 The Six-Pointed Star is engraved on the Talisman of Saturn which is used in ritual magic.

The Daimons or male spirits of the planets are now given by esoteric students of the Qabala as: Adonai=sun, Evoe=Moon. Saba=Mars, Astaphoi=Mercury, Eloi=Jupiter. Ouraioa=Venus and Ilde-baoth, or according to the Orphites JAHWEH=SATURN.

Noah was worshipped as Saturn, Oannes and the Philistine god, Dagon -- all Fish-gods. Dagon, who's hands and head were cut-off.  Dagon, who is considered the "beast from the sea", the fish-God, in Sumaria, Egypt, and Assyria.  Noah "came from the sea" to populate the earth.  Dagon is the charactor by which Satan or Lucifer is based.

King Solomon reintroduced the 6-Pointed Star to the Kingdom of Israel and claimed they were descended from the beasts from the sea, or Nephilum.  The Talisman of Saturn became known as the Seal of Solomon. The Seal of Solomon is a graphical representation of 666, the number of the Beast, and Solomon is the man whose number is 666: 

 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is SIX HUNDRED THREESCORE AND SIX. ”(Rev. 13:18).  “Now the weight of gold that came to Solomon in one year was SIX HUNDRED THREESCORE AND SIX talents of gold...” (1 Kings 10:14).

The Chaldean number for Saturn is 666, suggesting that the mark of Cain was a prototype of the mark of the beastthe six-pointed star received by those who will worship the god Saturn during the Golden Age of Saturn , the occult millennium (which will be shortened to 3 1/2 years). Some Jewish sources also say the mark of Cain was the Seal of Solomon or Star of David. 

 Solomon used his Seal ring to communicate with evil spirits.  Solomon's Seal is used as a talisman by all occultists.

And that, my friend is the answer to the question, "why does the pope wear a funny hat?" 

Because it represents a fish-head and symbolizes a fish-God, or beast from the sea.

Many Jews and Christians have been deceived by Jewish Kabbalists who would have them believe that the six-pointed star is a Jewish symbol. Nothing could be further from the truth. It is not a Jewish symbol, but an occult symbol. The six-pointed star is a hexagram - a curse mark - no matter what name it may have: the Star of David, Solomon's Seal, Double Triangle, Shield of David, etc.  When the occult practitioner puts a curse on someone, he uses the hexagram!

 

 

 

Fri, 04/24/2015 - 00:27 | 6024947 Seek_Truth
Seek_Truth's picture

Most of what you posted is again, correct. It is based on research that I and others have uncovered and published, so I'm very familiar with it.

The problem is that parts of that quote have been embellished with statements that aren't quite correct, or require more explanation to understand.

What I mean is that it would easily confuse a novice - for instance the worship of Noah was a pagan practice, and likewise, the Orphites were a heretical sect.

To further clarify:

(1) Yahweh does not equate to Saturn, rather, the heretical Orphites beleved so.

(2) Noah (by other names) was worshipped by pagans, not by the Biblical Israelites, and never by Christians.

(3) "Lucifer" is a confusing name that never referred to Satan before a mistranslation into English caused that error. It still doesn't refer to Satan, even though it's often thought so.

Just wanted to point that out before it raises further confusion for laymen.

Other than those points the cut and paste is correct.

 

Fri, 04/24/2015 - 01:11 | 6024979 The Joker
The Joker's picture

Interesting.  So that means that Saturn is not represented in that cut an paste.  So what equates to Saturn?

Also, Is it not true that the Israelites adopted pagan ritualistic practices?  Did they not worship Dagon?

I agree that Lucifer is not equal to Satan.  Lucifer is the bringer of knowledge, the light of my life.  HA HA.

I'd be interested in what you have published.  Anything online?

Fri, 04/24/2015 - 01:18 | 6025041 Seek_Truth
Seek_Truth's picture

Actually the previous cut & paste you did previously referencing Acts & Amos indirectly referred to Saturn as Moloch (Molech; Molek), and Chiun (Remphan). Saturn (Roman) also is beleved to be the same god as Set (Egyptian), Kronos (Grecian) Molech (Canaanite), and many other Baals (gods). A common theme of worshipping these gods was child sacrifice, which usually, but not always) involved fire.

It is true that the Israelites adopted pagan ritualistic practices as you mentioned- and both of the articles you referenced discussed that.

And yes- Lucifer is the bringer of light- correctly referring to Jesus Christ. As I mentioned, the confusion (ironically) came fro the 1611 version of the English King James version of the Bible (no other version, ever!), where a LATIN word (Lucifer, bringer of light, bright morning star) was substituted for a HEBREW word that referred to Satan- that is the source of the mistake which led to the popular belief that Satan is Lucifer.

I am almost ready with a new website that will go online shortly- this year. When it is ready I will link to it frequently- it will save me alot of work in posting here.

Thu, 04/23/2015 - 23:09 | 6024808 Seek_Truth
Seek_Truth's picture

You're close.

There is no star of David (other than semantic sophistry)

It is the mark, seal, or star of Solomon (David's son, who became apostate).

There is no literal mark on the hand or forehead.

It is the same star found on the flag of modern day Israel, a symbol also commonly used by many Masonic, Theosophic, Satanic and Occult societies.

 

 

Thu, 04/23/2015 - 23:36 | 6024878 The Joker
The Joker's picture

Agreed except for the literal mark part.

In the mystery religions, both the forehead and hands were tattooed during rites of initiation. (Reason Dagon's hands and head were cut off.)

 

The six-pointed star was used in mystery religion initiation rites.

"In an ancient book on numbers the INITIATE is defined as 'the one who has experienced and expressed 666 and found it naught; who has dropped the 6 and become the 66, and thus found himself on the Way; later, again, he drops the 6 and becomes the PERFECTED 6-FORM, the instrument and expression of spirit." (Bailey: Rays and Initiations, p. 80)

"This is the sign with which the Magus DECORATED HIMSELF when he has reached the HIGHEST DEGREE OF INITIATION" (Christian, p. 110-111)

The Crown of the  Maji contains the six-pointed star.

 


 

Thu, 04/23/2015 - 23:59 | 6024909 Seek_Truth
Seek_Truth's picture

I can prove that it is not a visible mark.

There are no less than 24 Scriptures that prove it's not visible.

Scriptures that prove there are two marks or seals- those of God, and those of the Beast.

They are either both visible, or both not visible.- and 15 of those scriptures prove neither are visible.

By visible I mean something that can be seen just by looking with the eyes.

But that doesn't mean that it won't be apparent which mark one has recieved.

 

Fri, 04/24/2015 - 00:20 | 6024937 The Joker
The Joker's picture

That's ok, you don't have to prove it.  I'll take your word for it.  Like I said, I don't believe any of this shit, but there are obviously people in power that do.  My only advice is to think twice when they come asking if you would like a solomon's seal tatoo.  Much more history there than with PIT-tags.

Fri, 04/24/2015 - 00:33 | 6024958 Seek_Truth
Seek_Truth's picture

Well, you should believe it. What you're posting are revealing proofs that the prophecies of the Bible are 100% accurate. It's all coming true.

However, you're just scratching the surface.

I encourage you to keep digging.

""Ask, and it will be given to you; seek, and you will find; knock, and it will be opened to you. "For everyone who asks receives, and he who seeks finds, and to him who knocks it will be opened." - Matthew 7:7-8

Fri, 04/24/2015 - 00:57 | 6025016 The Joker
The Joker's picture

Self-fulfilling prophecy.

 

Fri, 04/24/2015 - 01:34 | 6025044 Seek_Truth
Seek_Truth's picture

Only to the uninitiated.

 

"By your magic spell all the nations were led astray." - Revelation 18:23 

That magic spell (interpreted in context) can be proven to be one thing, and only one thing- fiat currency, fractional reserve banking, derivatives, etc- which originated in ancient Babylon.

That magic spell belongs to Babylon the Great- the modern banking and financial system- the "great whore" of Revelation.

Prophecied ~2,000 years ago- going exactly as described.

Further, we're seeing the beginning of the destruction of Babylon the Great- and her total annihilation will occur shortly- during and immediatetly after WWIII.

The Bible even tells who will be the victor of that war.

And so it will be.

So much for "self-fulfilling" prophecy.

Fri, 04/24/2015 - 01:31 | 6025055 TheReplacement
TheReplacement's picture

Being one of faith, I think you are fine not to believe the stories, myths, or whatever.  What matters is you and what is around you.  God's and God's laws are simply the laws of nature.  The ten commandments and the golden rule suffice perfectly well when it comes to the knowledge necessary to live correctly.  Arguing about symbols means nothing.  Allowing someone to brand you means giving in to being chattel and so you would be complicit in their sin.  It seems straightforward enough in practice so there is no need to get overly philosophical about it.

Fri, 04/24/2015 - 01:43 | 6025076 The Joker
The Joker's picture

Symbols rule the world, not words or laws.

Fri, 04/24/2015 - 08:30 | 6025478 Meta_Consciousness
Meta_Consciousness's picture

Are you a vigilant citizen?

Fri, 04/24/2015 - 09:35 | 6025682 The Joker
The Joker's picture

That's where I remember that from!  Haven't been there in a while.  Yes, I am.

Sat, 04/25/2015 - 01:05 | 6028741 TheReplacement
TheReplacement's picture

Who cares about ruling the world?  What matters is who rules you.  That is up to you.

Fri, 04/24/2015 - 02:16 | 6025094 Seek_Truth
Seek_Truth's picture

God's laws are not the laws of nature. The law of nature is kill or be killed- contrasted with the ten commandments, or better yet, the two commnandments.

Salvation is only obtained by putting faith in Jesus Christ.

But there are many things that get a non-believer to that point.

For some it is love, for others it is revealed prophecy that gets them on the right path.

So it is important to know and be able to accurately explain how these prophecies are being fulfilled, in order to prove that the Bible is of Divine origin, and hence worthy of belief.

To say that after a Christian has been born again that there is no more to learn or discuss is folly.

Salvation leads to a basic understanding of Christ- where we can become born again children of God.

In order to become spiritual adults, though- more is required: "I gave you milk, not solid food, for you were not yet ready for it. Indeed, you are still not ready." - 1 Corinthians 3:2; and: "In fact, though by this time you ought to be teachers, you need someone to teach you the elementary truths of God’s word all over again. You need milk, not solid food! Anyone who lives on milk, being still an infant, is not acquainted with the teaching about righteousness. But solid food is for the mature, who by constant use have trained themselves to distinguish good from evil." - Hebrews 5:12-14

As it is written: "Therefore let us move beyond the elementary teachings about Christ and be taken forward to maturity, not laying again the foundation of repentance from acts that lead to death, and of faith in God, instruction about cleansing rites, the laying on of hands, the resurrection of the dead, and eternal judgment. And God permitting, we will do so." - Hebrews 6:1-3

Part of becoming spiritual adults is studying the Bible, under the indwelling of the Holy Spirit. That includes being acquainted with prophecy, the second greatest gift: "And God has placed in the church first of all apostles, second prophets, third teachers, then miracles, then gifts of healing, of helping, of guidance, and of different kinds of tongues." - 1 Corinthians 12:28

What you call getting "overly philosophical about it", others such as myself would refer to as following Christ's admonition: "So I say to you, ask, and it will be given to you; seek, and you will find; knock, and it will be opened to you. "For everyone who asks, receives; and he who seeks, finds; and to him who knocks, it will be opened."- Luke 11:9-10

I follow Christ- so I won't be burying my talents.

PS- Glad you're belever, but we can't allow ourselves to get complacent. God Bless.

Sat, 04/25/2015 - 01:06 | 6028742 TheReplacement
TheReplacement's picture

Thou shall not murder.  Not thou shall not kill.  There is a definite distinction.

Thu, 04/23/2015 - 20:05 | 6024315 homme
homme's picture

I always wondered how that would implemented packaged, and sold to well, anyone who has read Revelations. Looks like I may live long enough to see first hand. Oh, no pun intended.

Thu, 04/23/2015 - 20:16 | 6024356 Cannon Fodder
Cannon Fodder's picture

I'm going with pre-trib rapture theory, so I don't plan on being here to see it....

Thu, 04/23/2015 - 22:51 | 6024780 Meta_Consciousness
Meta_Consciousness's picture

They Live.

 

The mark won't be sold. It will be bought.

Thu, 04/23/2015 - 20:20 | 6024369 buyingsterling
buyingsterling's picture

Something like this must give the God-haters pause. This isn't like Nostradamus, where he threw so much at the wall that something had to stick. This is specific and seems prophetic.

Fri, 04/24/2015 - 09:28 | 6025655 Charming Anarchist
Charming Anarchist's picture

I do not see why any "God-haters" would need to give pause. 

The evil men in the world probably picked up the Bible and said:  "Wow!   This shit is crazy!   If 99% of the sheeple believe this shit, then all we need to do is act it out and they will think our messiah is their messiah.  Taking over the world should be a piece of cake!"

Sat, 04/25/2015 - 01:08 | 6028745 TheReplacement
TheReplacement's picture

Suppose something is true or false.  What is to stop an evil person from trying to manipulate it?  Nothing.  The fact that the evil ones will try to manipulate it doesn't change the fact that something is true or false.

Sun, 04/26/2015 - 02:20 | 6030663 Charming Anarchist
Charming Anarchist's picture

I agree but that distinction is irrelevent to my point.

I believe God told the truth when He told us that we will never see it coming.  Thus, I am 100% that we are living in times whereby the evil war-mongering statists of the world are using the Book of Revelations as a play-book to fool Christians into playing along with them. 

Thu, 04/23/2015 - 20:59 | 6024491 Abbie Normal
Abbie Normal's picture

Mark of the Beast - no cash

aka apple pay v.666 -- iwatch is just the beginning

Fri, 04/24/2015 - 01:38 | 6025068 turnoffthewater
turnoffthewater's picture

As a ceremonial jesture, JP Morgan's body will be exumed and Jamie Diamond will burn the remains at Yale's next skull and bones gathering.

Tickets go on sale on July 4th

Thu, 04/23/2015 - 19:59 | 6024285 drendebe10
drendebe10's picture

jeez.... how much more fukt can it get....

Thu, 04/23/2015 - 21:39 | 6024605 black calx
black calx's picture

Check back tomorrow!

Sat, 04/25/2015 - 01:09 | 6028746 TheReplacement
TheReplacement's picture

Just about the best comment of the day.

Thu, 04/23/2015 - 20:14 | 6024348 BabyShoes
BabyShoes's picture

This is a implicit BAIL - IN.

Thu, 04/23/2015 - 21:48 | 6024627 Kill the Bank J...
Kill the Bank Jackson's picture

As the ghost of Andrew Jackson, I have some policy recommendations of my own.  Instead of negative interest on cash or abolshing it, we can pay negative salary to bankers like Mt. Willem Buiter or aboshing them althougher as surely these unproductive ass-ets could be better put to use as mules in a gold mine.

 

 

Thu, 04/23/2015 - 22:15 | 6024690 fastrakn1
fastrakn1's picture

Abolish cash?

All I can say is...WTF!

Fri, 04/24/2015 - 01:40 | 6025073 glenlloyd
glenlloyd's picture

Fuck them and the horse they rode in on, this is just totally insane.

They're talking about the elimination of money. The only thing your account would register is a number...but a number of what is the question.

This had better not get any traction, otherwise there's going to be a huge pissing match between representatives and constituents.

Another demonstration of how our government does not care about the people of this country, they only care about their idiotic institutions and bureaucracies.

Sat, 04/25/2015 - 02:12 | 6028789 garypaul
garypaul's picture

I can't resist putting in my two cents (if that's still allowed): 

1. It says good for all debts public and private right on the money, so how the hell can these laws even pass?

2. The biggest argument the anti-gold people had was that the dollar is what the merchant will accept when you buy things, not gold. Now that argument has been pretty much smashed.

Thu, 04/23/2015 - 19:05 | 6024121 flash338
flash338's picture

Time to buy a pitch fork

Thu, 04/23/2015 - 19:24 | 6024171 chunga
chunga's picture

Time to ban any and all payments to Chase of any kind.

Why would anybody still deal with a TBTF?

Fri, 04/24/2015 - 10:47 | 6025980 Rat Race Winner
Rat Race Winner's picture

"Why would anybody still deal with a TBTF?"

because their mortgage was bought/sold 10 times and now Chase owns it

Thu, 04/23/2015 - 21:09 | 6024532 Kirk2NCC1701
Kirk2NCC1701's picture

Time to use* the pitchfork.

FIFI.

Americans love to buy stuff, but then don't use it.

Fri, 04/24/2015 - 05:46 | 6025243 ebear
ebear's picture

"Time to buy a pitch fork"

With what?

Thu, 04/23/2015 - 19:07 | 6024128 Hongcha
Hongcha's picture

This is a fairly significant move.  Any non-participant = criminal or at the very least an irregular, dirty person to be looked on with suspicion.  Yes, welcome to 1984.

Thu, 04/23/2015 - 20:44 | 6024428 Pseudonymous
Pseudonymous's picture

To the extent that someone uses a bank's safe deposit box or credit, or fiat cash, that person is a participant. These things only reduce the number of parties that can screw you, and the ways in which they can do it but they will still do it eventually.

Thu, 04/23/2015 - 19:07 | 6024130 Lumberjack
Lumberjack's picture

Researchers cradle silver nanoclusters inside synthetic DNA to create a programmed, tunable fluorescent array

http://phys.org/news/2015-04-cradle-silver-nanoclusters-synthetic-dna.html

 

"People are already using similar silver  technologies to sense mercury ions, small pieces of DNA that are important for human diseases, and a number of other biochemical molecules," Copp said. "But there's a lot more you can learn by putting the silver clusters on a breadboard instead of doing experiments in a test tube. You get more information if you can see an array of different molecules all at the same time."

 

The modular design presented in this research means that its step-by-step process can be easily generalized to silver clusters of different sizes and to many types of DNA scaffolds. The paper walks readers through the process of creating the DNA that stabilizes silver clusters. This newly outlined protocol offers investigators a new degree of control and flexibility in the rapidly expanding field of nanophotonics.

The overarching theme of Copp's research is to understand how DNA controls the size and shape of the silver clusters themselves and then figure out how to use the fact that these silver clusters are stabilized by DNA in order to build nanoscale arrays.

"It's challenging because we don't really understand the interactions between silver and DNA just by itself," Copp said. "So part of what I've been doing is using big datasets to create a bank of working sequences that we've published so other scientists can use them. We want to give researchers tools to design these types of structures intelligently instead of just having to guess."

The paper's acknowledgements include a dedication to "those students who lost their lives in the Isla Vista tragedy and to the courage of the first responders, whose selfless actions saved many lives."

 

Thu, 04/23/2015 - 19:12 | 6024132 DonS
DonS's picture

This policy( restricting cash payments on CC, loans etc...) is probably directly attributable to AML/KYC Regs.....possibly even FATCA.

 

1984>>>>>>

 

Edit: I'm going to try to pay my car loan at the local branch here in Long Island with cash next month and see what happens. 

Thu, 04/23/2015 - 19:34 | 6024206 Seasmoke
Seasmoke's picture

It was nice knowing you. 

Thu, 04/23/2015 - 20:02 | 6024302 Meta_Consciousness
Meta_Consciousness's picture

A buddy in high school eventually went to college. He got his hands on the stamp banks use to void tender. 

 

He paid his tuition in cash.  Stamped cash.

 

Now that I remember this tale, I'm appreciating his efforts at deflation. 

 

If we can destroy enough liquidity, collateral and physical holdings the debt becomes ethereal.

 

Fight Club was prophetic in so many ways.

Thu, 04/23/2015 - 21:58 | 6024655 Help Is Not Coming
Help Is Not Coming's picture

Just deposit your checks with "Redeemed for Lawful money pursuant to 12 USC 411" on the back above where you endorse it and watch the tellers freak out.

If I'm not going to be allowed to carry cash you damn well know that I'm going to force them to redeem my FRNs when I deposit anything.

Then I'm going to go out and convert my deposited money into tangible goods, whether that is AGE/ASE at the LCS or rolls of aluminium foil from the grocery store.

Instituting negative interest rates and outlawing cash. Hmm... It is almost as if they are trying to start hyperinflation.

Thu, 04/23/2015 - 22:56 | 6024792 Meta_Consciousness
Meta_Consciousness's picture

Yup.

 

I'll have to Google that code. May I ask for a paraphrase?

Thu, 04/23/2015 - 20:15 | 6024354 Urban Redneck
Urban Redneck's picture

The policy is more attributable to the JPM's bottom line.  They collect their bps (skim) on all your electronic transactions, so if all your transactions are electronic - they skim everything, and they eliminate the relatively high cost (bps) of manually processing paper cash transactions (part of which is AML, but AML also applies to electronic transactions) - so moar bps (eps) for JPM owners.  And if they were to do away with with cash entirely in the USSA, then you would have no choice but to use JPM (or one of three other TBTF banks, since eventually they will be the only banks in the Federal Reserve system, if the system is not fundamentally changed).

Thu, 04/23/2015 - 23:07 | 6024818 Meta_Consciousness
Meta_Consciousness's picture

Scrounging for loose change is the most logical answer.

 

This is the biggest signal the jig is up. Others pointed this out, but for other reasons.

 

Why is the bottom line so hard to spot in this place? 

Are so many here independently wealthy that they don't do lean six sigma constantly? Double ply toilet paper is like buying twice the toilet paper. 

 

JUST KIDDING

Thu, 04/23/2015 - 19:09 | 6024133 stant
stant's picture

Until they remove legal tender from the fed reserve notes they are breaking the law

Thu, 04/23/2015 - 19:21 | 6024156 Bastiat
Bastiat's picture

"THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE"

 

Our new Atty Gen. will be all over this flagrant bankster overreach.

 

How long before we see a smartphone video of some poor bastard in a bank lobby getting tasered, stomped, choked, batoned and generally ass-whooped for trying make a loan payment in cash?

Thu, 04/23/2015 - 19:25 | 6024177 Fukushima Fricassee
Fukushima Fricassee's picture

That racist bitch is horribly ignorant of the law.

Thu, 04/23/2015 - 19:33 | 6024198 Van Halen
Van Halen's picture

And you can thank ten Republican 'Patriots' for confirming her and yet again doing the will of the Marxist Kenyan Buffoon.

 

Thu, 04/23/2015 - 19:35 | 6024208 JLee2027
JLee2027's picture

The Traitors are:

 

The Senate voted 56–43 in favor of Lynch, approving her with help of Sens. Kelly Ayotte (N.H.), Thad Cochran (Miss.), Susan Collins (Maine), Jeff Flake (Ariz.), Lindsey Graham (S.C.), Orrin Hatch (Utah), Ron Johnson (Wis.), Mark Kirk (Ill.), Rob Portman (R-Ohio) and Senate Majority Leader Mitch McConnell (R-Ky.).


Thu, 04/23/2015 - 19:43 | 6024237 deja
deja's picture

Sounds like McConnell cut a deal for something.

Thu, 04/23/2015 - 20:00 | 6024293 Crawdaddy
Crawdaddy's picture

Turtle snacks. McConnell will do anything for turtle snacks. That guy is an evil hobbit turtle.

Thu, 04/23/2015 - 20:04 | 6024309 Meta_Consciousness
Meta_Consciousness's picture

McConnell doesn't cut deals.

 

He's so covered in blood he just looks like a deal to Washingtonians.

Thu, 04/23/2015 - 20:51 | 6024463 nmewn
nmewn's picture

McConnell has always cut deals at our expense, just like Reid, he's a worthless POS.

Thu, 04/23/2015 - 20:35 | 6024412 pickupthatcan
pickupthatcan's picture

Don't forget that sack of shit from Texas, the Honorable John Cornyn.

Thu, 04/23/2015 - 20:44 | 6024437 Bay of Pigs
Bay of Pigs's picture

And the certifiably insane GOP warmonger Lindsey Graham...

Thu, 04/23/2015 - 23:17 | 6024837 samsara
samsara's picture

Has he come out of the closet yet?

Fri, 04/24/2015 - 01:44 | 6025082 glenlloyd
glenlloyd's picture

No, but he needs to....it couldn't be more obvious tbh.

Thu, 04/23/2015 - 19:34 | 6024203 JLee2027
JLee2027's picture

The laws are not for her, the laws are designed to protect "them" against us.

Thu, 04/23/2015 - 19:31 | 6024190 nmewn
nmewn's picture

The law doesn't mean much to thieves.

Thu, 04/23/2015 - 19:39 | 6024220 A Lunatic
A Lunatic's picture

It doesn't mean shit to me anymore either. They wanted a Darwinian society. I'll play that game.......

Thu, 04/23/2015 - 20:47 | 6024446 nmewn
nmewn's picture

Its very liberating once one discovers what their laws really are, nothing more than a license to steal & kill as they maintain their present order of chaos.

I think we can create a much better one too ;-)

Thu, 04/23/2015 - 21:50 | 6024634 Boubou
Boubou's picture

 

When plunder becomes a way of life for a group of men in society. they create for themselves a legal system that authorizes it and a moral code which glorifies it

Thu, 04/23/2015 - 23:23 | 6024846 Meta_Consciousness
Meta_Consciousness's picture

Are you suggesting a competition for how many women we impregnate or how many children we successfully raise towards their own impregnat ion competitions?

Thu, 04/23/2015 - 19:56 | 6024275 Consuelo
Consuelo's picture

True, but food does.   Which means they don't have an upper hand either.

Thu, 04/23/2015 - 20:04 | 6024311 Crawdaddy
Crawdaddy's picture

You be right - brings to mind why the fantasy of a Constitutional convention to "right the ship" is a suckers game.  The clowns do not honor the present Constitiution, what makes anyone believe they would honor an amended Constitution?

Thu, 04/23/2015 - 20:19 | 6024362 Urban Redneck
Urban Redneck's picture

No.  Legal Tender and "accepting cash" are distinct, and the laws for "accepting cash" (outside of Federal .gov institutions like the IRS) are controlled by the States.  

Hence- why they did, what they did, where they did.

Thu, 04/23/2015 - 20:51 | 6024464 Crawdaddy
Crawdaddy's picture

It is a fine line of distinction. On the one hand we have the law as it was written, or as it used to be known - common sense. On the other we have how said law is interpreted. Interpretation by controlled opposition who profit off of our misery. Which explains the world in front of us.

 

Thu, 04/23/2015 - 20:56 | 6024483 Urban Redneck
Urban Redneck's picture

If law and common sense were compatible, we wouldn't need lawyers.

Thu, 04/23/2015 - 21:07 | 6024524 Crawdaddy
Crawdaddy's picture

Yep and if men were angels no govt would be necesarry

Thu, 04/23/2015 - 19:10 | 6024136 clagr
clagr's picture

Wait for the EMP attack wipes out the grid. Then see what your plastic and i-phone can purchase for you------on that one day your get to shop before all shelves are stripped of goods

Thu, 04/23/2015 - 21:12 | 6024538 Kirk2NCC1701
Kirk2NCC1701's picture

So, will people use Cash to buy parts for building an EMP*, while they can? ;-)

* As seen on "Ocean's Eleven".

Thu, 04/23/2015 - 19:10 | 6024139 i_call_you_my_base
i_call_you_my_base's picture

This would make real assets skyrocket. Plan on never affording anything of value again.

Thu, 04/23/2015 - 19:12 | 6024142 Soul Glow
Soul Glow's picture

RFID bitchez

Thu, 04/23/2015 - 19:34 | 6024205 Cannon Fodder
Cannon Fodder's picture

666

Thu, 04/23/2015 - 23:24 | 6024853 Meta_Consciousness
Meta_Consciousness's picture

18

Thu, 04/23/2015 - 23:25 | 6024856 Meta_Consciousness
Meta_Consciousness's picture

9

Fri, 04/24/2015 - 11:32 | 6026245 JR
JR's picture

G. Edward Griffin wrote the “pessimistic scenario below in 1994.”  Incredibly, it is now unfolding before our eyes.

Griffin's pessimistic scenario of America's future, if we did not abolish the forces that established the Fed - The Creature from Jekyll Island - included a banking crisis, followed by a government bailout and the eventual nationalization of all banks.  The final cost is staggering and is paid with money created by the Federal Reserve.  It is passed on to the public in the form of inflation.

Further inflation is caused by the continual expansion of welfare programs, socialized medicine, entitlement programs, and interest on the national debt.  The dollar is finally abandoned as the de facto currency of the world.  Trillions of dollars are sent back to the United States by foreign investors to be converted as quickly as possible into tangible assets.  That causes even greater inflation than before.  So massive is the inflationary pressure that industry and commerce come to a halt.  Barter becomes the means of exchange. America takes her place among the depressed nations of South America, Africa, and Asia—mired together in economic equality.

Politicians seize upon the opportunity and offer bold reforms.  The reforms are more of exactly what created the problem in the first place: expanded governmental power, new regulatory agencies, and more restrictions on freedom.  But this time, the programs begin to take on an international flavor.  The American dollar is replaced by a new UN money, and the Federal Reserve System becomes a branch operation of the IMF/World Bank. 

Electronic transfers gradually replace cash and checking accounts.  This permits UN agencies to monitor the financial activities of every person.  A machine-readable ID card is used for the purpose.  If an individual is red flagged by any government agency, the card does not clear, and he is cut off from all economic transactions and travel.  It is the ultimate control. 

Increasing violence in the streets from revolutionary movements and ethnic clashes provide an excuse for martial law.  The public is happy to see UN soldiers checking ID cards.  The police-state arrives in the name of public safety. 

Eventually all private dwellings are taken over by the government as a result of bailing out the home-mortgage industry.   Rental property is also taken, as former landlords are unable to pay property taxes.  People are allowed to live in these dwellings at reasonable cost, or no cost at all.  It gradually becomes clear, however, that the government is now the owner of all homes and apartments.  People are living in them only at the pleasure of the government.  They can be reassigned at any time.

Wages and prices are controlled.  Dissidents are placed into work armies.  There are no more autos except for the ruling elite.  Public transportation is provided for the masses, and those with limited skills live in government housing within walking distance of their assigned jobs.  Men have been reduced to the level of serfs who are subservient to their masters.  Their condition of life can only be described as high-tech feudalism.  (The Creature from Jekyll Island, pp. 562-563)

666

Thu, 04/23/2015 - 19:12 | 6024143 Hongcha
Hongcha's picture

Oh there's more johngaltfla; they will just credit & debit accounts whenever they like.  The police will scan your plates and debit your account.  Don't like it, complete the online complaint form and wait.  Totally faceless control, trying to make it impossible not to participate.

Thu, 04/23/2015 - 19:24 | 6024174 Crawdaddy
Crawdaddy's picture

True words Hongcha - that is the plan. If the asspopes get their way, we will own nothing. No judge, jury or executioner. Definitely no soup.

Thu, 04/23/2015 - 21:14 | 6024546 Kirk2NCC1701
Kirk2NCC1701's picture

Having to use your phone or chip also means being TRACKED IN REAL TIME.

Welcome to Prison Planet, 'Merican Sheeple.

Thu, 04/23/2015 - 21:28 | 6024575 Kirk2NCC1701
Kirk2NCC1701's picture

Speaking of being Tracked... I have a Stalker.

His name is http://www.zerohedge.com/users/nailgunnin4you

Thu, 04/23/2015 - 23:26 | 6024863 Meta_Consciousness
Meta_Consciousness's picture

I'm offended you didn't include me on that.

Fri, 04/24/2015 - 00:20 | 6024938 BrokusDickusMaximus
BrokusDickusMaximus's picture

I've seen that guy stalking no debt too. When I finally signed up here I trolled to see if the ex wife's IT private dick followed me here too, as they have done in the past. They think some of us brought back cash and gold from Baghdad. There was a lot of it to be found and it ALL was properly inventoried and turned in. Some poor bastards got caught mailing C-notes back in letters to their spouses. I did not do this. So far so good for being stalked here. If only a corrupt ICE agent could be bribed into sending a click bait email filled with a child pornado and then SWAT their sorry ass. Just got to come up with the perfect email to get them to open it.

Fri, 04/24/2015 - 01:43 | 6025077 turnoffthewater
turnoffthewater's picture

looks like all western cuntries are screwed, pun intended

Thu, 04/23/2015 - 19:13 | 6024144 Downtoolong
Downtoolong's picture

disallows the storage of "any cash or coins" in safe deposit boxes.

Yea, like I'm going to load my SD box up with nickels. That'll get me through.

Full disclosure, my SD box is empty and available if anyone wants to use it. Got it free with my account.

I got my stash in the BNYFB, i.e., the Bank of None of Your Fucking Business banksters.

Thu, 04/23/2015 - 19:32 | 6024194 Frank N. Beans
Frank N. Beans's picture

I got that letter from Chase about not storing cash in my safe deposit box and was surprised.  So far I'm ignoring it.  I figure Chase wants me to put the cash in my Chase account instead so they can ... aaannd it's gone.

 

Thu, 04/23/2015 - 19:39 | 6024221 chunga
chunga's picture

Now would be a great time to close all your accounts with them and use a credit union.

Thu, 04/23/2015 - 20:25 | 6024385 Weaponized Innocense
Weaponized Innocense's picture

I have seen credit unions go under.

Thu, 04/23/2015 - 19:59 | 6024284 Bay of Pigs
Bay of Pigs's picture

You've been here a long time Frank. WTF are you doing banking with these cocksuckers and crooks?

Seriously, a ZHer? Wow...

Thu, 04/23/2015 - 20:06 | 6024321 Crawdaddy
Crawdaddy's picture

Yeah no shit. WTF dude? Chase? Mordor? Still? Get off your lazy ass and move that direct deposit.

Thu, 04/23/2015 - 21:17 | 6024558 Frank N. Beans
Frank N. Beans's picture

Point taken.  I figure all banks are the same, and I am not yet at the point of burying the cash in the backyard.  At least we have very little debt (and paid off the house early).

 

Thu, 04/23/2015 - 21:29 | 6024580 Crawdaddy
Crawdaddy's picture

Grats on the early payoff...wtg. Move the account to anyone that is not straight up, top line Mordor (GS, Citi, BOA, JPMChase, Capitalone, Wells fargo, etc). As you say, they are all Mordor - true words. Make them work for it by going down as low as you can.

Thu, 04/23/2015 - 20:04 | 6024312 cynicalskeptic
cynicalskeptic's picture

Coffee cans full of cash buried in the backyard are starting to look real good compared to the banking system.

1) You're not paying fees up the wazoo for the 'privilege' of letting the bank use your money

2) If you're not getting any interest paid on your money, that can isn't doing any worse (ands may do better in light of 1) and negative interest rates)

3) You'll still have access to the coffee can during a banking holiday

4) Gov has to come looking for the coffee can if they want to grab what you have - instead of it being nicely available at your local bank

5) FDIC can't cover all the funds at risk in banks if they fail - the original reason people kept cash in coffee cans in the back yard

Thu, 04/23/2015 - 20:09 | 6024329 Crawdaddy
Crawdaddy's picture

That is why they want to make cash obsolete - remove our ability to leave Hotel California. Or, more precisely, the Overlook Hotel.

Thu, 04/23/2015 - 23:10 | 6024824 Real Estate Geek
Real Estate Geek's picture

PVC pipes won't show up on a metal detector; coffee cans will.

Fri, 04/24/2015 - 02:05 | 6025106 Icelandicsaga.....
Icelandicsaga...............................................'s picture

Took the words right off my keyboard.. pvc is good .. also if you have a pond.. and a lot of mud .. watching a video last night about end of the third reich . after the war the hunt for nazi gold was serious effort .. . the lakes of Bavaria and Austria were good places to hide it.. . also found tons if it in tunnels in the mountains .. guns and gold .. one gal I know wrapped some of her guns in wrappers and grease and put them in plastic . stuck them in pvc .. capped both ends and buried some of them too...some preppers say .. keep a few guns to give them when they come kicking in doors.. the rest . hide..... same with ammo. This outfit has some amazing ways to hide guns when you are worried about confiscation . http://www.storeguns.com/home there monovaults are something to consider when you want to hide guns. Monovaults for rifles and shotguns and also for AR's run between 110 and 160 bucks.. sad day when this kind of discussion becomes common .. but 90 percent of the Amierican zombies.. will die or end up in a camp. Beans, bullets, bullion and bandaides.. and a plan B is always good.

Fri, 04/24/2015 - 03:13 | 6025171 Trucker Glock
Trucker Glock's picture

Bury a gun and ammo for 15 years (and be assured everything still works when you dig it up)

By Charles Wood

http://www.backwoodshome.com/articles2/wood115.html

Fri, 04/24/2015 - 07:19 | 6025298 Free Wary
Free Wary's picture

buckets of rice & other grains people

Thu, 04/23/2015 - 20:23 | 6024382 Weaponized Innocense
Weaponized Innocense's picture

If u have military in ur family I recommend USAA. Several pilots being denied health insurance because they flew created their own insurance company. Since then they have added other things as banking, investment accounts, travel etc. They keep it all seperate from each other so that if the insurance side fails it won't take down the the banking or investment branches. And they insure deposits to super high dollar amounts vs the government insurance. And I'm sure government insurance is less reliable.

I bank mobile with them as they have no branches in Austin. That has gotten much easier over the years.

Thu, 04/23/2015 - 23:35 | 6024877 Meta_Consciousness
Meta_Consciousness's picture

Owned owned owned

Fri, 04/24/2015 - 02:09 | 6025111 Icelandicsaga.....
Icelandicsaga...............................................'s picture

USAA is the best .. my dad was in military so was I . .. even divorced spouses or if you are a child or grandchild of military .. you can get USAA insurance.. credit cards and credit union . never found any insurance better or cheaper.

Fri, 04/24/2015 - 07:16 | 6025293 Free Wary
Free Wary's picture

Even if USAA is saint, they still have to have commercial accounts with someone else, and they are still subject to the devils bush/clinton/bush/obama/boehner/mcconnel/reid/pelosi klepto-idiocracy. All it takes is one emergency session of congress, or one executive order, or one ruling from a supreme court, and poof your fiat is changed and all your precious metal coins you've been hoarding bearing the stamp of the US mint or any government's mint is no longer yours.

Thu, 04/23/2015 - 19:54 | 6024267 Pinche Caballero
Pinche Caballero's picture

BNYFB

Bank of None of Your Fucking Business

I wish it were so. Anymore, when I go to the bank to make a withdrawal of only several thousand dollars, all I get is a rash of shit from one old teller. I quit, after only one time, trying to convince her a lot of people were worried about the economy in general and their own personal savings, specifically.

If I purposefully save money, and then decide to use a portion thereof for the purchase of something tangible, it should be

"None of your fucking business".

Fuck the fucking banks, and fuck the fucking politicians. They are one and the same.

Thu, 04/23/2015 - 20:13 | 6024341 Stox
Stox's picture

It has been illegal for quite a long time to store cash in a safe deposit box.

This isn't something unique to Chase, but they probably threw that in there because few people realize it.

 

Thu, 04/23/2015 - 19:15 | 6024150 gwar5
gwar5's picture

Just another sign of bank desperation so they are kindly reminding us there is nothing they won't do. If you're not out of the system you're a fool.

 

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