Bilderberg: Where Big Business and Big Government Plot Globalism
“The Bilderberg group, founded by Prince Bernhard of the Netherlands, held its first meeting in 1954. The prince, a former officer in the SS, had worked in IG Farben’s notorious NW7 group, which served as spies for the Third Reich. Bernhard belonged to the Dutch branch of the Knights Templar. In 1954, he was appointed to govern the Dutch order. John Foster Dulles was one of the most helpful Americans in setting up the Bilderberg group. Incidentally, in 1954 Dulles testified in favor of a bill designed to return vested enemy assets, such as GAF, to their previous owners...Dulles’ CIA Operation Paperclip assimilated Nazi scientists into the American establishment by obscuring their histories and preventing efforts to bring their true stories to light. The project was led by officers in the United States Army. Although the program officially ended in September 1947, those officers and others carried out a conspiracy until the mid-1950s that bypassed both law and presidential directive to keep Operation Paperclip going. Neither Presidents Truman nor Eisenhower were informed that their instructions were ignored. ” - The Bilderberg Group: Founded By A Nazi And Continuing The Agenda Of The Nazis
"House Republicans have pushed through a 1,600 page, $1.1 trillion dollar government spending bill containing a Citibank shepherded provision that puts the Federal Deposit Corporation on the hook for financial derivatives." And when these investments go sour, the taxpayers will be forced to reimburse the banks and owners of the Federal Reserve but there’s been little attention on the person who put it in there...Meet Congressman Kevin Yoder (R-Kansas).Yoder, a second-term…"
Congress Puts Banksters Back in Der ivative Business
Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers
by Paul Joseph Watson
Chase Bank has moved to limit cash withdrawals while banning business customers from sending international wire transfers from November 17 onwards, prompting speculation that the bank is preparing for a looming financial crisis in the United States.
Numerous business customers with Chase BusinessSelect Checking and Chase BusinessClassic accounts have received letters over the past week informing them that cash activity (both deposits and withdrawals) will be limited to a $50,000 total per statement cycle from November 17 onwards.
Chase is obviously very keen to make it hard for their customers to have any kind of control over their savings and is trying to limit the amount of dollars being sent abroad. The move to limit deposits and withdrawals while banning international wire transfers altogether is a bizarre policy and will cripple many small and medium-sized businesses with Chase accounts...MORE
Credit Card Collections As Fraudulent As Mortgage Collections?
By Matt Taibbi, Rolling Stone
13 July 13 http://readersupportednews.org/opinion2/279-82/18388-focus-credit-card-collections-as-frau dulent-as-mortgage-collections
A piece in the Wall Street Journal dug up yet another damning fact about Jamie Dimon's J.P. Morgan Chase. This time, reporters got hold of an internal bank survey of its credit-card collections suits. It turns out that Chase's own survey found that huge numbers of lawsuits filed by the bank contained errors.
From the article:
"The bank studied roughly 1,000 lawsuits and found mistakes in 9% of the cases, said people familiar with the review.
Any rate above zero is high," said one person familiar with the bank's conversations with regulators.
Thirteen states, as well as the Office of the Comptroller of the Currency, a primary banking regulator, are investigating Chase's insanely sloppy practices in the area of credit-card collections. I've been following this for years thanks to an acquaintance with former Chase VP and whistleblower Linda Almonte, who saw horrific abuses firsthand (I have a chapter on Linda's crazy experiences coming out in my next book). The piece mentions her case:
The case credited with jump-starting investigations into J.P. Morgan's pursuit of credit-card debt was a federal-court lawsuit filed in 2010 by a former J.P. Morgan assistant vice president, Linda Almonte, who alleged that employees known as "attorney liaisons" signed "multiple stacks of affidavits" without looking at the underlying documentation. She alleged that 11,472 out of 23,000 cases in one portfolio, or 50%, were "missing adequate documentation."
I'm glad that the states are finally listening to Linda and that this news is starting to come out. The story is actually far worse than is being described in the papers. It involves allegations of a rather complicated scam tied to secondary sales of credit-card debt - it's easier to sell credit card debt when a judgment has already been obtained, so it seems companies like Chase will go to great lengths, including mass robosigning and other abuses, to obtain judgments.
Chase is the headline target of these new investigations, but most analysts believe the same exact things go on at other banks and credit companies. Once the bigger state lawsuits gain momentum, we're likely to find out, as we did in the foreclosure scandals, that faulty paperwork and perjured/robosigned affidavits pervade the entire consumer debt industry. Somehow I don't think it will result in a $26 billion settlement this time, however.